Rangay Bank Official Site

SAVINGS DEPOSIT

REGULAR SAVINGS ACCOUNT -An interest-bearing deposit with a minimum opening requirement of P1, 000 and maintaining balance. This account is evidenced by a passbook and can be drawn anytime within the banking hours.

BASIC DEPOSIT ACCOUNT -is the most affordable savings account by the bank, with an initial deposit requirement for only P100 and with no required maintaining balance. This account is evidenced by a passbook and can be drawn anytime within the banking hours.

SSS PENSIONER ACCOUNT –a special savings account intended for SSS pensioners. With a minimum deposit requirement of P100, SSS members can receive their pensions directly thru Pesonet.

KIDDIE SAVER ACCOUNT -a deposit product with a minimum initial deposit of P100 with a maximum balance of not more than P50, 000. It is designed for children ages 7-12 years old. Help educate your child on the benefits of saving for the future

Deposits are insured by PDIC up to P500,000 per depositor

Requirements in Opening a Deposit Account

A. Individual:
    1. Two (2) pcs. 2×2 ID picture
    2. One (1) Valid Identification Card (bearing photo & signature)

B. Juridical (Corporation/Cooperative/Association)

   
 1. Articles of Incorporation & By-Laws
     2. Board Resolution – Authority to open the account and authorized signatories
     3. General Information Sheet
     4. Valid ID bearing photo of all signatories
     5. 2pcs. 2×2 pictures of all signatories
     6. Securities and Exchange Commision/Cooperative Development Authority
          Registration
     7. Notarized Secretary’s Certificate of incumbent officers
     8. List of stockholders owning at least 2% of capital stock