Savings Accounts

Savings Options Tailored to You

We offer flexible account types so every member of our community can start building a financial cushion:

Regular Savings Account

Our standard passbook account for individuals, joint accounts, or families looking for a flexible way to manage daily cash and earn interest.

Basic Deposit Account

Perfect for first-time savers, students, and micro-earners with zero maintaining balance and minimal documentation requirements.

In-Trust-For (ITF) Savings Account

Set aside money for your children's future education and milestones under a parent's or guardian's management.

Requirements

What You Need to Bring

Opening an account is quick and straightforward. Just bring the following to our main office:

1. Identification Documents

Bring 1 Primary ID

  • Philippine Identification Card (PhilID / ePhilID)
  • Passport
  • Driver's License
  • UMID / SSS / GSIS Card
  • Postal ID or Voter's ID / Certification

For students: School ID with current enrollment photo and Birth Certificate.

2. Supporting Items

  • Proof of Address: Latest electric or water bill (past 3 months) or Barangay Clearance.
  • Photos: Two (2) recent 2x2 ID photos.
  • Opening Deposit: Initial cash deposit to activate your passbook.
How to Get Started

3 Easy Steps to Open Your Account

1. Gather Your Requirements

Simple documents

Prepare 1 valid government-issued ID, proof of address, two 2x2 photos, and your initial deposit amount.

2. Visit Rural Bank of Norala

In-person service

Drop by our main office. Our friendly Account Officers will help you fill out the Customer Information Sheet (CIS).

3. Receive Your Passbook

Same-day turnover

Make your initial deposit at the teller counter and receive your official passbook on the spot.

Deposit Protection

Protected Savings

Deposits are insured by the Philippine Deposit Insurance Corporation (PDIC) up to ₱500,000 per depositor. Rural Bank of Norala is proudly supervised by the Bangko Sentral ng Pilipinas (BSP).