POLA, Oriental Mindoro – Computerized banking reached the third-class municipality of Pola in Oriental Mindoro with the inauguration last October 19, 2020 of the very first automated teller machine (ATM) located at the Pola Community College Center.
The Land Bank of the Philippines (LANDBANK) and the Local Government Unit (LGU) of Pola launched the ATM unit, led by Pola Mayor Jennifer M. Cruz and LANDBANK Pinamalayan Branch Head Ferdinand E. Abas in a special flag raising ceremony.
The installation of the new ATM is part of LANDBANK’s aggressive thrust to promote financial inclusion and bring banking services closer to remote municipalities in the country.
This brings the number of ATMs in Oriental Mindoro to 25, complementing three (3) LANDBANK branches in the province – LANDBANK Calapan Branch serving the Municipalities of Calapan, Baco, San Teodoro, Puerto Galera, Naujan, and Victoria; LANDBANK Pinamalayan Branch serving the municipalities of Pinamalayan, Pola, Bongabong, Bansud, Gloria, Socorro and Concepcion in the province of Romblon; and LANDBANK Roxas Mindoro Branch serving the municipalities of Roxas, Mansalay, and Bulalacao.
In her speech, Mayor Cruz acknowledged and expressed her gratitude to LANDBANK on behalf of the LGU, for the Bank’s contribution to the development of their community. She added that the newly-installed ATM would be beneficial to her constituents, especially to the Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries, who needs to travel to other nearby towns to withdraw their government cash assistance due to the unavailability of ATMs in the area.
The 4Ps is a human development measure of the national government that provides conditional cash grants to the poorest of the poor, to improve the health, nutrition, and the education of children aged 0-18. The Department of Social Welfare and Development (DSWD) is the lead government agency of the program with LANDBANK as the designated distribution agency.
The new ATM, located at Pola Community College, is now available to serve clients and government beneficiaries.
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