RANG-AY BANK opened a new horizon of countryside banking in the countryside, particularly in North Luzon. Rang-ay Bank was granted authority to operate under Republic Act 720 by the Central Bank of the Philippines on January 14, 1956 and since then has earned the distinction of being the oldest private bank in the Ilocos. Rang-ay was founded by the late Doña Numeriana Tavora - Querol and Don Teofi
lo A. Nisce and was first managed by Atty. Rodolfo M. Providing quality and excellent service to the people of Region 1 and CAR, Rang-ay Bank has continuously received prestigious recognitions from award giving bodies and institutions all over the country. In 1975, it was adjudged an outstanding rural bank by the Central Bank for operation efficiency, sound banking practices and for having achieved substantial growth rates. That same year, Rang-ay became the biggest rural bank in region 1 and the Cordilleras. In 1994, Rang-ay was awarded the Gawad Quedancor by the Quedan and Rural Credit Guarantee Corporation for being the country's top leading bank specifically in its Food Market Retailers lending program. Rang-ay was also recognized by the Countryside Financial Institutions - Management Development Program as one of ten countryside banks in the Philippines with the most improved systems, procedures and overall operations based on its performance record from 1994-1998. As a major conduit of long term funds, Rang-ay was a national recipient of the Countryside Loan Fund for five years (1996, 1997, 1999, 2001 and 2002). It was also given recognition as the most outstanding participating financial institution among all conduit banks. In 2000, Rang-ay received the Gold Award for Excellence for consistently delivering superior and innovative products and services. In the same year, it bested all rural bank remittance conduits of Western Union and Uniteller money transfer facilities in the country. For two consecutive years (2002 and 2003),2013 & 2019, Rang-ay was recognized by the Land Bank of the Philippines as the most outstanding countryside financial institution at the regional level. The Bureau of Internal Revenue (BIR) District Office cited Rang-ay Bank as the second biggest taxpayer in La Union twice, in 2006 and 2007. It was also awarded the Provincial Government of La Union as "Most Outstanding Entrepinoy Investor." In 2008, six awards (grand slam) from PETNET-Western Union's 10th anniversary were reeived by the bank: Best in Automation, Highest in Growth Volume of Transactions, Highest in Transaction Count, Highest in Outbound Transactions, Highest in Dollar Volume and Highest in In-bound Transactions. The bank also received an award from Globe Telecoms as the "Top GCash Partner" in 2010. The bank has been an SSS serving bank since 1996. Rang-ay Bank was awarded as Balikat ng Bayan Best Collecting Partner Bank in 2016 and 2018. SSS pensioners and beneficiaries may receive their SSS benefits and loan proceeds at Rang-ay Bank through Pesonet. In 2025 Bangko Sentral ng Pilipinas (BSP) recognized the Bank as an Outstanding Stakeholder in Financial Education and Inclusion during it's appreciation ceremonies, the Bank also again earned national recognition from the Social Security System (SSS) after being awarded as Best Collection Partner. At present, Rang-ay Bank has 32 banking offices in the six provinces of the Ilocos Region and the Cordilleras (CAR). With presence in Ilocos Norte, Ilocos Sur, La Union, Pangasinan, Abra and Benguet, Rang-ay Bank continues to evolve and strengthen to be able to compete through technological advances. These developments serve as opportunities to prepare the bank for emerging challenges that will eventually strengthen the banking sector and improve services to bank clients as it looks forward to the opening of more branches. As Rang-ay marks 70 years of banking excellence, the bank commits to renew its efforts to serve its clientele in the countryside by being an effective partner of the government and the private sector in the development of local economies.
