Question 1

What is Rural Bank of Montalban, Inc.?

Accepted Answer

Rural Bank of Montalban, Inc. (RBMI) is a rural bank serving the municipality of Rodriguez (formerly Montalban) and surrounding areas in the province of Rizal, Philippines. Founded in 1963, the bank has grown to operate four branches within Rizal province, providing financial services to local communities in the eastern part of Metro Manila's neighboring areas.

As a member of the Rural Bankers Association of the Philippines, RBMI focuses on serving farmers, merchants, and small entrepreneurs in the region.

Question 2

When was Rural Bank of Montalban, Inc. founded?

Accepted Answer

Rural Bank of Montalban, Inc. was founded in 1963 by Isidoro and Milagros Liamzon. The bank celebrated its 50th anniversary on April 25, 2013, marking five decades of service to the communities in Rizal province.

The bank was established during a period when rural banking was expanding across the Philippines to provide financial access to underserved rural areas.

Question 3

Where is Rural Bank of Montalban, Inc. headquartered?

Accepted Answer

The bank is headquartered in Rodriguez (formerly known as Montalban), Rizal. The main office is located at 261 FR J.P. Rizal Avenue, Manggahan, Rodriguez, Rizal 1860.

Rodriguez is a municipality in Rizal province located east of Metro Manila.

Question 4

Where does Rural Bank of Montalban, Inc. operate?

Accepted Answer

Rural Bank of Montalban, Inc. operates four branches, all located within the province of Rizal. The bank serves the municipality of Rodriguez and neighboring communities in the eastern part of Rizal province, providing banking access to areas on the periphery of Metro Manila.

Question 5

What services does Rural Bank of Montalban, Inc. offer?

Accepted Answer

The bank provides traditional rural banking services including deposit accounts (savings and time deposits) and various loan products. Its lending services support farmers, small merchants, entrepreneurs, and rural enterprises in the communities it serves.

RBMI offers credit facilities designed to meet the needs of agricultural production, small-scale commerce, and other productive activities in Rizal province.

Question 6

What makes Rural Bank of Montalban, Inc. unique?

Accepted Answer

Rural Bank of Montalban, Inc. is distinguished by its longevity, having served the communities of Rizal province for over six decades. The bank's 50th anniversary celebration in 2013 highlighted testimonials from loyal clients about how RBMI has supported their financial needs throughout the years.

The bank's commitment to maintaining close relationships with its clients, treating them as valued partners rather than mere customers, reflects the traditional rural banking ethos of community service and trust.

Question 7

What type of financial institution is Rural Bank of Montalban, Inc.?

Accepted Answer

Rural Bank of Montalban, Inc. is classified as a rural bank under Philippine banking law. Rural banks are private financial institutions established under Republic Act 720, as amended by Republic Act 7353, designed to provide credit and banking services primarily to farmers, merchants, and small entrepreneurs in rural areas.

The bank is supervised by the Bangko Sentral ng Pilipinas (BSP) and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).

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About Rural Bank of Montalban, Inc. in the Philippines