KNOW YOUR MONEY
- March 5, 2019
La Union Chamber of Rural Bankers organized a seminar entitled “Know Your Money” with the help of Bangko Sentral ng Pilipinas (BSP). The seminar was held last September 19, 2018 at the 3rd floor of BSP La Union Regional Office, City of San Fernando La Union.
The briefing was attended by twenty seven (27) participants from various banks in La Union. Ms. Therese Ethel Jularbal of the Economic and Financial Center discussed and demonstrated the 1st and 2nd level security features of the New Generation banknotes and coins and explained Presidential Decree. No 247 which prohibits and penalizes defacement, mutilation, tearing, burning or destruction of BSP notes and coins. Deputy Director Carina del Rosario encouraged the participants of the seminar to support the BSP on their campaign for the fit and clean currency in Region I and clean note policy in all banks.
CROP INSURANCE FOR FARMERS
- March 5, 2019
Rang-ay Bank, through its partnership with the Philippine Crop Insurance Corporation awarded indemnity crop insurance claims to various farmers of the Ilocos Region whose crops were severely damaged by pest and Typhoon Ompong last 4th quarter of 2018.
In 2016, the bank has partnered with PCIC, which is the sole provider of crop insurance, to provide our farmer loan clients with insurance coverage for their crops. The insurance program aims to provide protection against losses arising from natural calamities, plant diseases and pest infestations of their palay and corn crops as well as other crops, considering that they only have small parcels of land thus needing help for initial capital and crop protection. The PCIC paid indemnity claims totaling to more than P500 thousand to 46 enrolled farmers for the year 2018. The biggest claims were acquired by 30 rice and corn farmers in Narvacan, Ilocos Sur amounting to P387,000.00. The amount of indemnification given to farmers depended on the actual damages in their farms based on the inspection and validation conducted by the PCIC.
BATANG LINGKOD PROGRAM
- March 5, 2019
Rang-ay Bank participated in the Batang Lingkod Program in coordination with Junior Chamber International (JCI) Saluyot San Fernando City, La Union Chapter last February 8, 2019 at Santiago Elementary School, San Fernando City, La Union.
JCI Saluyot San Fernando City, La Union Chapter President Angelica Maranan led the activity with a story telling activity for the children. The group also donated coloring books and toys to the kids bringing excitement to all.
Rang-ay Bank also spread awareness to the parents and teachers on the importance of savings. Rang-ay Marketing Officer, Florence Joy Licudine encouraged the children to start saving at their young age. The bank provides Kiddie Savers program for the children ages 7-12 years old for only P 100 to open an account with no maintaining balance needed.
RANG-AY REWARDS PROGRAM
- March 5, 2019
GOITER AWARENESS WEEK
- March 5, 2019
Rang-ay Bank supported the Philippine Society of Endocrinology, Diabetes and Metabolism in marking the 2019 Goiter Awareness Week (GAW) last January 28, 2019 at Bethany Hospital, San Fernando City, La Union and at Burgos La Union Municipal Function Hall.
Goiter Awareness Week is observed every fourth week of January by virtue of Presidential Proclamation No. 1188 signed on Dec. 11, 2006. Goiter, the abnormal enlargement of the thyroid gland, and other signs of iodine deficiency were deemed a matter of national concern that needed public awareness.
Rang-ay Bank Director Dr. Ivy Rose Nisce-Martinez, an endocrinologist, conducted lectures on thyroid diseases to the nurses and staff of Bethany Hospital and to the Barangay Health Workers of Burgos, La Union. The lectures aim to further public awareness on the prevention and control of goiter and other related Iodine Deficiency Disorders (IDD).