DepEd TEACHERS LOAN PROGRAM

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Continuing its commitment to provide financial assistance to teachers and support personnel in Region 1 and CAR, Rang-ay maintains its partnership with the Department of Education Central Office in Pasig City. This will facilitate fast and affordable credit for all DepEd teachers and its support staff.

Eligible Borrowers

Regular and permanent public elementary and secondary school teachers and support personnel who work in the province of Ilocos Norte, Ilocos Sur, La Union, Abra and Benguet who are not more than 58 years old at the time of signed application and whose payrolls are prepared at DepEd San Fernando or La Trinidad Regional Offices. 

Amount of Loan

  • Regular DepEd

- Maximum of P200.000.00

  • Autonomous Highschool

- Maximum of P700.000.00

Term of Loan

  •  One (1) year term; payable in twelve (12) equal monthly installments.
  • Two (2) years term; payable in twenty two (24) equal monthly installments. 
  • Three (3) years term; payable in thirty six (36) equal montly installments.

Requirements

  1. 1Latest Original Pay Slip
  2.  DepEd or GSIS Identification Card
  3.  Original or Photocopy of appointment paper 4.Latest 2x2 ID Picture of principal borrower
 

RANG-AY BANKERS SUMMER GETAWAY

            Officers and Staff of Rang-ay Bank took a break in different parts of the country. More than 170 Rang-ay bankers enjoyed the three separate getaways during the summer of 2018.

            Bankers from North Branches put down their pens and calculators as they frolicked at the world famous Hundred Islands of Pangasinan last February 17, 2018. The participants enjoyed island hopping while marveling at the natural beauty of the islands and the deep blue color of the West Philippine Sea. Fun activities included banana boat rides, while others enjoyed snorkeling, which allowed them to view the marine life underwater. The day ended with everyone tired but as you see their faces, smiles were evident all around. North Branches consists of 13 branches in Ilocos Norte, Ilocos Sur and Abra.

North Branches enjoy Hundred Islands getaway


             Meanwhile, Rang-ay Bank’s Head Office and Central branches had their annual bank outing last April 8, 2018 at one of the biggest water theme parks in Asia – the Aqua Planet! A 10-hectare property located at the sprawling Clark Freeport Zone with over 38 water slides and attractions that offers exhilarating water rides suitable for guests of all ages is the newest and most modern water theme park in the country today. 66 employees in two buses joined the fun and enjoyed the various rides from high points down to spacious refreshing pools.

Central Branches at Aqua Planet Water Park


             South Branches had their own summer getaway and explored the beauty of the North last April 8, 2018. First stop was at the Sand Dunes of Ilocos Norte where they experienced riding those rugged 4X4s. They were mesmerized by the Kapurpurawan beach and rock formation; the giant wind mills scattered along the shores of Bangui and the Patapat bridge in Pagudpud. The group also visited Hannah’s Beach Resort (known as the Boracay of the North), Fort Ilocandia , Paoay Lake and the St. Augustine Church, better known as the Paoay Church that is famous for its distinct architecture. The final leg of the trip was at the famous Calle Crisologo and the dancing fountain of Vigan, Ilocos Sur. South Branches are composed of bank offices in La Union, Pangasinan and Benguet.

South Branches Ilocos Adventure

2018 STOCKHOLDERS' MEETING

Rang-ay Bank held its Annual Stockholders' Meeting at the bank's Head Office in San Fernando City, La Union on April  29, 2018.

            President & CEO Ives Nisce acknowledged the bank's officers and staff for their hardwork and dedication to maintain its status as the biggest bank in its class in the Ilocos and Cordillera Regions with twenty nine (29) banking offices. Rang-ay Bank’s total resources increased by double digits year-on-year. The bank's loan portfolio jumped by 26%, showing the bank's continued strong lending to the countryside.

In his annual report, Chairman Nisce also presented the bank's highlights for the year 2017. One is the BSP's renewal of the bank's authority as accredited Rural Financial Institution (RFI) for Agri-Agra Compliance. Other accomplishments are the opening of two new banking offices in Bangui Branch (I.N.) and Sinait Branch (I.S.), robust expansion in lending and engaging local communities through Corporate Social Responsibility projects.

            The bank offers regular and special deposit accounts, time deposits, demand deposits and Kiddie savers deposit accounts to its clientele. The hard work and dedication of Rang-ay bankers under the leadership of its officers, contributed to the bank’s continued growth. The bank’s growing loan portfolio is a concrete manifestation of the bank’s fulfillment of its mission to make credit readily accessible to the countryside. Loans extended to borrowers show lending to agriculture and SME still a large part of Bank's loan porforlio.

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The success marked by Rang-ay Bank is due to the sustained support and consistent efforts of its  stockholders, directors, officers and staff in pursuing the vision of the bank's pioneering founders. In the coming years, the bank aspires to accelerate financial inclusion by providing accesible and affordable banking services to the unbanked and underbanked sectors of our  society, thus helping achieve a more equitable development in the countryside.

  RANG-AY BANK BOARD OF DIRECTORS AND STOCKHOLDERS

RANG-AY BANK BOARD OF DIRECTORS AND STOCKHOLDERS

14TH DINENGDENG FESTIVAL

            Rang-ay Bank Agoo (La Union) Branch officers and staff together with staff from Head Office Marketing Unit joined the Annual Grand Parade last May 1, 2018 in celebration of the 14th Annual Dinengdeng Festival. Dinengdeng which is called (Abraw) is a regional ilocano dish composed of different vegetables such as string beans, okra, ampalaya, eggplant and grilled fish.

            The parade  was participated by local government employees, public and private schools and institutions from the town. Rang-ay Bank employees distributed flyers, newsletters and giveaways to the town's people who watched and participated in the event. Rang-ay Bank has been serving the municipality of Agoo for the past 18 years with its own building located along the National Highway, Consolacion, Agoo La Union beside Basilica Minore of Our Lady of Charity Church.

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HANDOG TSINELAS PROGRAM

            To celebrate the 9th year anniversary of Rang-ay Bank Narvacan Branch, the officers and staff launched a “Handog Tsinelas Program” in which fifty-four (54) children of Brgy. Cosocos, Nagbukel, Ilocos Sur received pairs of slippers on April 27, 2018.

            The project reached out to children living in the outskirts of the Poblacion and provided decent pairs of footwear. Several activities and parlor games were prepared by Area Manager Rowena Rosales, Narvacan Branch Manager Dennis Dosono and Marketing Officer Florence Licudine. The bank hopes to reach out to more children as the opening date of classes approache

COMMUNITY PROJECTS MARK BRANCH ANNIVERSARIES

Two branches of Rang-ay Bank celebrated their anniversaries by organizing corporate social responsibility projects for their respective communities for March and April 2018.

            Rang-ay Bank Balaoan (La Union) Branch celebrated its 12th Anniversary by donating a water system to Santol Central School last March 26, 2018. Santol Central School is a public elementary school located at the municipality of Santol, La Union.This project aims to provide the teachers and students with proper water facilities which promote cleanliness and orderliness of the school. With the help of the water system, teachers and students will have a healthier life. Principal Arsenio Obejas expressed his appreciation in behalf of the Santol  Central school.

 Turn-over ceremony led by Area Manager Winnie Mingaracal and Balaoan Branch Manager Leah Mantilla with Marketing Officer Florence Joy Licudine.

Turn-over ceremony led by Area Manager Winnie Mingaracal and Balaoan Branch Manager Leah Mantilla with Marketing Officer Florence Joy Licudine.

 Gift Giving led by South Branches Area Manager Winnie Mingaracal, Balaoan Senior Manager Leah Mantilla, Bangar Branch Staff together with Marketing Staff

Gift Giving led by South Branches Area Manager Winnie Mingaracal, Balaoan Senior Manager Leah Mantilla, Bangar Branch Staff together with Marketing Staff

            Rang-ay Bank Balaoan (La Union) Branch celebrated its 12th Anniversary by donating a water system to Santol Central School last March 26, 2018. Santol Central School is a public elementary school located at the municipality of Santol, La Union.This project aims to provide the teachers and students with proper water facilities which promote cleanliness and orderliness of the school. With the help of the water system, teachers and students will have a healthier life. Principal Arsenio Obejas expressed his appreciation in behalf of the Santol  Central school.