The RURAL BANK OF CAUAYAN INC. was established on April 7,1965. It is the pioneer bank in Cauayan, Isabela founded by Dr. and Mrs. Ireneo C. Bucag Sr. and its incorporator namely: Mr. Domingo San Pedro, Mrs. Aurea B. Carpio, Mr. Antonio M. Perez, Mrs. Lourdes Cruz, and Mr. Domingo Simangan.
The simplified and affordable credit window that it offers immediately became a word of mouth among farmers and businessmen in Cauayan , Isabela and its nearby municipalities. Since then, it has not stopped counting more and more satisfied and loyal customers.
Because of this, Rural Bank of Cauayan Inc. started branching out. Six (6) branches were opened from 1990 to 2000, Eight (8) other branches were inaugurated from 2001-2010, and 3 more branches started operating from 2011 to 2013.
As of now, Rural Bank of Cauayan Inc. has a total of 19 branches and 1 Extension Office operating in four provinces in Region 2–Isabela, Cagayan, Quirino and Nueva Vizcaya with resources of over a Billion pesos; and a total of 217 employees.
The bank’s tremendous growth over the years was fueled by the active & dynamic stewardship of its Members of the Board namely: Dr. Eduardo R. Bucag, Chairman of the Board, Mr. Edgardo R. Bucag, President, Mr. Ireneo R. Bucag Jr., Board of Director, Mr. Ronaldo R. Bucag, Board of Director, Mrs. Juana R. Bucag, Founder, Ms. Teresita R. San Pedro, Board of Director, Mr. Danilo San Pedro, Board of Director and independent Directors; Mr. Cezar G. Guzman, Mr. Eduardo R. Condat
Social responsibilities have been a part of Rural Bank of Cauayan’s distinctiveness. For 5 straight years the bank have been conducting Job fair in partnership with LGU Cauayan, DOLE & POEA as a simple way of helping the jobseekers find their employment. Last January 2015, Rural Bank of Cauayan sponsored a 3-day medical, dental, surgical and ophthalmology mission in cooperation with Wichita Falls Country Medical Alliance of North Texas and LGU Cauayan. Local and Fil-Am Doctors from USA collaborated to provide free medical aid to those who are less fortunate in life in Isabela.
Truly, Rural Bank of Cauayan Inc. has evolved as one of the biggest rural bank in the region and has been receiving recognitions from prestigious institutions. Over the years, it has continued its legacy in good governance and excellent customer service.