RURAL BANKS IN THE PHILIPPINES: is a financial institution that accepts deposits

only in the form of time deposits, savings and other form that are equivalent to them and
distribute the funds.
Rural banking activities are primarily intended to serve small businesses and
communities in rural areas basically, support the implementation of national
development in order to improve the welfare of the people, serve the needs of farmers,
small businessmen, trying to equal opportunity, equity income.
SPACE REQUIREMENTS:
A. FOR PUBLIC SPACES

1. LOBBY
 Must be accessible to the public. Consists of reception area, information, loan
officers, tellers, and check writing desks.

2. TELLERS
 Must be accessible and allows easy circulation for the public.
 Should be located at one side of the bank to permit future expansion
3. LOAN OFFICERS
 Representatives of banks, credit unions and other financial institutions that find
and assist borrowers in acquiring loans.

4. CHECK WRITING DESKS

 Located where it will not block the circulation especially in the line-up space in
front of the teller

5. OFFICERS PLATFORM
 Provide open space for contact officers, cubicles for collection officers,
installment loan, and commercial loan officers.
B. OPERATIONS

1. BOOKKEEPING DEPARTMENT
 Records of the various departments are gathered together and recorded.
2. PROOF DEPARTMENT
 Not accessible to the public. Can be separated from the other areas, but close to
the Data processing area.
3. DATA PROCESSING AREA
 Location of the computers
4. CLERICAL, MAIL, AND OTHER MINOR SERVICES
 Mail room should be close to the Proof department
5. FIREPROOF RECORDS VAULT
 To service proof, trust and bookkeeping department
6. SAFETY DEPOSIT VAULT
 Provides boxes for the storage and safekeeping of customers’ valuables
7. GENERAL SERVICES
 Includes employees’ lounge, snack bar, snack bar, comfort rooms, mechanical
equipment and maintenance
8. TRUST DEPARTMENT
 The bank major services to the public where trusts, probates, accounts and
others are carried out.
C. EXECUTIVE SUITE: it is the office for the president, vice president, board
members, and personnel. A conference room for board meetings is also
required.
D. LEGAL DEPARTMENT: attending bank’s legal business
E. DATA PROCESSING DEPARTMENT: processes bank payrolls, operations and
other procedures
F. MAIL ROOM: contains addressograph, microfilm equipment, duplicating
machines and other equipment. It should be located near the service yard or
elevator in close coordination with the printing/purchasing department.