Community Rural Bank of Dapitan City
in the Philippines 🇵🇭
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About Community Rural Bank of Dapitan City in the Philippines
Community Rural Bank of Dapitan City (CRBDCI) is a private rural banking institution serving Dapitan City and surrounding areas in Zamboanga del Norte, Philippines. Operating under the regulatory framework of the Bangko Sentral ng Pilipinas (BSP), CRBDCI provides essential financial services to farmers, fishermen, merchants, and small businesses in the rural communities of the Zamboanga Peninsula. As a member of the Philippine Deposit Insurance Corporation (PDIC), the bank offers deposit insurance coverage of up to PHP 500,000 for each depositor.
The bank is part of the Philippines' rural banking sector, which was established under Republic Act 720 (Rural Banks Act of 1952) to expand credit facilities and promote rural economic development.