Closed Banks, Philippines, 2023

Closed Banks 2023

7 rural banks were closed down in 2023.

Siguro mas gusto na ng karamihan ang mga digital banks, katulad ng Maya, o GoTyme, o mga big banks na maraming ATM machines sa ibat-ibang lugar, kaya konti na ang tumatangkilik sa mga rural banks.

1. Rural Bank of San Agustin

• Head office address at RB Building, Vallejo St., Barangay I (Pob.), Jones, Isabela
• Had one branch: RB Building, Maharlika Highway, Brgy. Masaya Centro (Pob.), San Agustin, Isabela
• Closed by the BSP on January 5, 2023
• Taken over by the PDIC on January 6, 2023

2. Rural Bank of San Marcelino Inc.

• Office address at #21 Agpalo St., Central
  San Marcelino, Zambales,
• Closed down by the BSP on February 9, 2023
• Taken over by the PDIC on February 10, 2023

3. Binangonan Rural Bank, Inc.

• Office address at 135 Baltazar St.
  Brgy. Layunan (Pob.), Binangonan, Rizal,
• Closed down by the BSP on April 27, 2023
• Taken over by the PDIC on April 28, 2023

4. Rural Bank of San Juan (Southern Leyte), Inc.

• Office address at San Jose Poblacion
  San Juan, Southern Leyte
• Closed down by the BSP on May 25, 2023
• Taken over by the PDIC on May 29, 2023

5. Bangko Pangasinan – A Rural Bank, Inc.

• Head office address at E.T. Gonzales Bldg., Mac Arthur Highway
  M.H. Del Pilar St., Mayombo, Dagupan City, Pangasinan
• Had 4 branches:
  • PDB Bldg., Marcos Ave., Palamis, Alaminos City, Pangasinan
  • M. Guiang St., Poblacion, Burgos, Pangasinan
  • Zamuco St., Poblacion, Aguilar, Pangasinan
  • National Road, Concordia, Bolinao, Pangasinan
• Closed down by the BSP on June 1, 2023
• Taken over by the PDIC on June 2, 2023

6. United Consumers Rural Bank, Inc.

• Closed by the BSP on July 20, 2023
• Taken over by the PDIC
• Reference: Circular Letter No. CL-2023-040

7. Rural Bank of Talisay (Cebu), Inc.

• Closed by the BSP on September 21, 2023
• Taken over by the PDIC on September 22, 2023

To depositors of closed banks:

You can contact:
The Public Assistance Department (PAD)
Philippine Deposit Insurance Corporation

Mail/Courier at: PDIC Building, 2228 Chino Roces Avenue, Makati City 1231
Hotline : (632) 8841-4141 (for depositors within Metro Manila, during office hours)
Toll Free : 1-800-1-888-7342 or 1-800-1-888-PDIC (for those outside Metro Manila, during office hours)

Email : agustin-pad@pdic.gov.ph

You can also check the Facebook page of PDIC for announcements and information.

Facebook : www.facebook.com/OfficialPDIC

See Lists of Closed Banks in the Philippines from the Years 2000 to 2025

List of Closed Banks in 2022