Luna bank creditors urged to file claims
ALL CREDITORS of the closed Rural Bank of Luna (Apayao), Inc. were urged to file their claims against the assets of the closed bank either personally or by mail until November 13 whose deposits exceed the maximum deposit insurance coverage (MDIC) of P500,000.
The Philippine Deposit Insurance Corporation (PDIC) said tcreditors and depositors with uninsured deposits may file their claims personally at the PDIC Public Assistance Center located at the 3rd Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino St., Makati City, Monday to Friday, 8:00 AM to 5:00 PM.
Claims may also be filed through mail addressed to the PDIC Public Assistance Department, 6th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino St., Makati City. Claims filed by mail must have a postmark dated not later than November 13. Prescribed Claim Form against the assets of the closed bank may be downloaded from the PDIC website, www.pdic.gov.ph.
PDIC added claims filed after November 13 will be disallowed. Claims denied or disallowed by the PDIC may
be filed with the liquidation court within sixty (60) days from receipt of final notice of denial of claim.
In addition, PDIC said depositors with account balances of more than the MDIC of P500,000 who have already filed claims for the insured portion of their deposits are deemed to have filed their claims for the uninsured portion or the amount in excess of the MDIC.
PDIC, as receiver of closed banks, requires personal data from creditors to be able to process their claims and protects these data in compliance with the Data Privacy Act of 2012.
Rural Bank of Luna was ordered closed by the Monetary Board (MB) of the Bangko Sentral ng Pilipinas on August 16 with PDIC directed by the MB to proceed with the takeover and liquidation of the closed bank in accordance with Section 12(a) of Republic Act No. 3591, as amended.
The bank’s Head Office is located in San Isidro Sur, Luna, Apayao. Its four branches are Abulug, Alcala, Allacapan and Buguey, all in Cagayan, Cagayan Valley.