LANDBANK installs first-ever ATM in unbanked Polillo Island

POLILLO, Quezon – The Land Bank of the Philippines (LANDBANK) recently inaugurated the very first offsite Automated Teller Machine (ATM) in this municipality towards advancing greater financial inclusion.

The new LANDBANK ATM is set to service the cash requirements of government employees and other ATM card holders, including the beneficiaries of the Department of Social Welfare and Development (DSWD), and eliminate the public’s need to travel to the municipality of Real to withdraw cash.

The inauguration ceremony was led by Municipal Mayor Angelique E. Bosque alongside LANDBANK officials, including Executive Vice President Ludivino S. Geron, Senior Vice President Althon C. Ferolino, Assistant Vice President Ramil P. Remillano, Real Branch Head Elizabeth L. Jalotjot, and Infanta Branch Head Leonylyn N. Magbuhat on 21 September 2023 at the Polillo Municipal Building.

“We continue to expand LANDBANK’s physical network nationwide with a greater focus on servicing underserved and unbanked communities. We have the full support of local partners to install touchpoints and provide accessible and responsive banking services,” said LANDBANK President and CEO Lynette V. Ortiz.

As of 30 June 2023, Polillo is listed by the Bangko Sentral ng Pilipinas (BSP) as one of the unbanked municipalities in the Philippines.

“We are truly grateful to LANDBANK for making our long-standing dream a reality. This ATM signifies the continues growth of the Municipality of Polillo, and will bring much-needed convenience to our government employees and all ATM cardholders in our town,” said Mayor Bosque.

The new LANDBANK ATM is also poised to stimulate tourism activities on Polillo Island, guaranteeing visitors access to convenient cash withdrawal services to further enhance the island’s appeal as a prime tourist destination.

LANDBANK is celebrating its 60th anniversary this year with a steadfast commitment to provide essential banking services nationwide, extending its reach to the most remote and underserved corners of the country.