BancNet, the country’s largest electronic banking consortium, recently welcomed three Luzon-based rural banks as subscriber-members in line with its thrust to extend the convenience of electronic banking to the countryside. These banks are First Isabela Cooperative Bank (FICO Bank), Rural Bank of Central Pangasinan (RBCP Bank), and Rural Bank of Lubao (RBL). Their switch system will be provided by BancNet affiliate network E-CTK Solutions Inc.
FICO Bank is based in Cauayan City, Isabela and is majority-owned by six large cooperatives. It currently has 22 branches in Northern and Central Luzon and plans to deploy 27 ATMs to serve the cooperatives’ members as well as other ATM cardholders, including travelers.
RBCP Bank is based in Calasiao, Pangasinan and has 8 branches. It plans to deploy 10 ATMs. On the other hand, the Pampanga-based Rural Bank of Lubao has 2 branches and 2 ATMs running.
Of BancNet’s roster of 89 member financial institutions, 22 are rural banks.
FICO Bank is now a BancNet member. Signatories pose before signing the membership agreement. From left: First Isabela Cooperative Bank (FICO Bank) executive vice president Soledad Cabantac, ESI vice chairman Angelito Villanueva, BancNet chairman Ricardo Chua, FICO Bank president and chief executive officer Herminio Ocampo, BancNet president Robert Blas and ESI managing director Eduardo Gener
BancNet welcomes RBCP as a new member. BancNet chairman Ricardo Chua (3rd from left) and Rural Bank of Central Pangasinan (RBCP) president Lorenzo Torres with (from left) RBCP Area Head 1 Nila Torres, ESI vice chairman Angelito Villanueva, BancNet president Robert Blas and ESI managing director Eduardo Gener
Rural Bank of Lubao signs up with BancNet. (from left) Rural Bank of Lubao vice president Nemencio Fineza, ESI vice chairman Angelito Villanueva, BancNet chairman Ricardo Chua, Rural Bank of Lubao president Reynaldo David, BancNet president Robert Blas and ESI managing director Eduardo Gener
With their BancNet connection, the rural banks are empowered to provide a wide range of electronic banking services through the ATM, including cash withdrawals, balance inquiry, fund transfer/remittance, payment of bills, and prepaid-phone reloading.
BancNet FICO Membership Signing
FICO Bank is now a BancNet member. Signatories pose before signing the membership agreement. From left: First Isabela Cooperative Bank (FICO Bank) executive vice president Soledad Cabantac, ESI vice chairman Angelito Villanueva, BancNet chairman Ricardo Chua, FICO Bank president and chief executive officer Herminio Ocampo, BancNet president Robert Blas and ESI managing director Eduardo Gener
RBCP- BancNet membership signingBancNet welcomes RBCP as a new member. BancNet chairman Ricardo Chua (3rd from left) and Rural Bank of Central Pangasinan (RBCP) president Lorenzo Torres with (from left) RBCP Area Head 1 Nila Torres, ESI vice chairman Angelito Villanueva, BancNet president Robert Blas and ESI managing director Eduardo Gener
Rural Bank of Lubao- BancNet Membership signing
Rural Bank of Lubao signs up with BancNet. (from left) Rural Bank of Lubao vice president Nemencio Fineza, ESI vice chairman Angelito Villanueva, BancNet chairman Ricardo Chua, Rural Bank of Lubao president Reynaldo David, BancNet president Robert Blas and ESI managing director Eduardo Gener
