ACTIVITY No.

1
ORGANIZATIONAL SET-UP OF IMMERSION ESTABLISHMENT

1. Describe the immersion company.

A. Name of the company
 LANDBANK of the Philippines - Roxas, Isabela Branch

B. Location
 Vira, Roxas, Isabela

C. Nature
The Land Bank of the Philippines is a government financial institution that strikes a
balance in fulfilling its social mandate of promoting countryside development while
remaining financially viable.
This dual function makes LANDBANK unique. The profits derived from its commercial
banking operations are used to finance the Bank's developmental programs and initiatives.
Over the years, LANDBANK has successfully managed this tough balancing act as
evidenced by the continued expansion of its loan portfolio in favour of its priority sectors:
the small farmers and fishers, a good part of which are agrarian reform beneficiaries; micro
and SMEs; agri- and aqua-projects of local government units and government-owned and
controlled corporations; communications, transportation, housing, education, health care,
environment-related projects, tourism, and utilities.
LANDBANK is by far the largest formal credit institution in the rural areas. It also
ranks among the top five commercial banks in the country in terms of deposits, assets and
loans.

D. Mission and Vision

Vision
By 2018, LANDBANK will be the top Universal
bank that promotes inclusive growth and
improves the quality of life especially in the
countryside through the delivery of innovative
financial and other services in all provinces,
cities, and municipalities.
 Mission
To Our Clients and Public:
We will use the best technology solutions
to deliver responsive financial and support
services to our clients, while promoting
sustainable development, and
environmental protection.

To our Employees:
We will develop and nurture talents that
will exemplify the highest standards of
ethics and excellence consistent with the
best in the world.

E. Products or Services

Bagong Bayani ATM Account

Card-Based type of savings account intended primarily for overseas Filipino.
Opening amount is only PHP 100.00 with zero maintaining balance.
Issued in two forms: generic and personal. The generic card is issues by LBP overseas
officers and the Org. designated personnel upon application while the personal card are
issued by LANDBANK branches with the account holder’s name embossed in the card.

OFW passbook account

Passbook-based was available at LBP branches. It can be open by overseas
Filipinos or his/her designated beneficiary.
Opening amount is PHP 100.00 but Average Daily Balance (ADB) require is PHP
5,000.00.

US Dollar Passbook Account

Passbook-Based USD Savings account available at LBP branches. It can be open
by the overseas Filipino or his/her designated beneficiary.
Opening amounts is USD 10.00 but Average Daily Balance (ADB) required is USD
500.00. deposited to this account is represented in Us Dollars but peso or other foreign
currency may still be deposited in this account, as they are automatically converted to the
US Dollar equivalent based prevailing foreign exchange rate on transaction date.
LANDBANK Remittance Service (Thru LBRS-enrolled Partners)
 Direct credit to LANDBANK (CA/SA)
 Automatic feedback
 Automated transfer to other banks account
 Cash pick-up via any LANDBAK branch
 Cash pick-up via Partner Paying Agents (Palawan Pawnshop, LBC, Bank of
Commerce, GPRS etc.)
 Direct upload/SFTP/Web Service connection with partners
 Opening of account via LBP overseas officers
 SMS notification
 Balance inquiry
 FX conversion on weekends and holidays

F. Others
Social Responsibility
Patriotism, love of country, service to community, concern for environment,
customer satisfaction, man for others, caring.

Trust
Equity, openness, fairness.

Excellent
Leadership, quality, initiative, innovative, competence.

Professionalism
Integrity, mutual respect, teamwork, dedication, commitment, loyalty.
 2. Illustrate by schematic diagram the organizational set-up of the immersion company.

Leonida C. Lacsina
Department Manager

Jinalyn I. Dictado Artemio Tumbaga Chester Bulusan

CA-Executive Assistant Driver Utility Man
Elcidita J. Villaruz
Branch Service Officer

Cheryl Navalta Nestor Vicente

Agnes Obina Ephrima Simpliciano Lavinia Porlucas
Myrna Sotto CA-SL
3. Have a tourSCA-
SCA- Verifier
of the
Newdifferent SCA-
departments/
Casa sections of the
SCA- Bank immersion
Teller company.
SCA- Bank TellerDescribe the
BKPR/Clearin g
Accountsand
physical set-up functions Bkpr.
Clerk of each department.

Department Description Functions

An establishment authorized by a government to

-Accepting deposits
accept deposits, pay interest, clear checks make
-Granting loans and advances
Banking loans, act as an intermediary in financial
-Agency functions
transactions, and provide other financial services
-Utility functions
to its customers.
4. List down the different personnel of each department and indicate their job description/s,
duties and responsibilities.

Department Position Qualifications Job Description

-Embrace Diversity
Responsible for the day-to-day
-Technical proficiency
duties of managing a banking
necessary to understand the
branch. Oversees the sales,
Department job requirements and credibly
Banking operations, and business
Manager lead others.
development within the
-Effectively, motivate teams of
branch, including profits and
diverse individuals to perform
productivity.
consistently on daily basis.
Assist customers with their
banking needs in person, in
their branch. Their daily task
may involve performing
-Must possess at least
general transactions like
Branch Bachelor/College degree in
deposits and withdrawals,
Banking Service business
opening accounts and referring
Officer Studies/Administration/Manag
customers to suitable products
ement or equivalent.
and services as well as
conducting foreign currency
transactions for overseas
travel.
An executive assistant makes
his/her executive’s work life
operate easier and smoother.
CA-Executive -Must be detail-oriented and
Banking He/she manages the
assistant willing to follow direct orders.
executive’s time and handles
things the executive should not
need to deal with.
- Able to demonstrate up-to-
date qualification knowledge
and a high level of expertise in
-Responsible for qualification
assessment across the range of
verification activities under the
courses, levels, qualifications
conditions, timescales and
types and the areas for which
arrangement set by SQA.
they are appointed.
Banking SCA-Verifier -Participate in verification of
-Be able to demonstrate
qualifications in the
excellent interpersonal skills
qualification area(s) concerned
and engage positively with all
to ensure that standards were
team colleagues.
maintained.
-Be able to communicate
confidently, effectively and
professionally.
 Required education: high Responsible for viewing and
school diploma; associate’s maintaining accounting
degrees in business or records. They enter balances
accounting recommended. and calculate interest loans,
SCA-News Necessary skills: detail bank accounts and databases.
Banking
Accountant oriented, ethics, technology, They must also review
Clerk interpersonal skills. invoices ads reconcile
Job Outlook: 8% decline accounts statements,
(bookkeeping, accounting and investigate any discrepancies
auditing clerks) and generate financial reports.
They are in charge in debiting
SCA-Casa and crediting of transaction.
Banking Finished business courses
Bkpr. Moreover, they are not
allowed to handle cash.
Assist customers in completing
transactions, such as
Education: high school withdrawals, deposits, and
diploma and on-the-job- transfers of funds. Often one of
SCA-Bank
Banking training. the first employees as a
Teller
Friendly attitude: people get customer interacts with upon
touchy about their money. entering a bank, Tellers also
serve an important customer
service role.
CA-SL
They are the one who
Banking BKPR/ Finished business courses
transmits checks to PCHS.
Clearing

5. Are the personnel matched with respect to their educational background, previous work
experience (if any), and position? Are there duties matched with their position?

Name Educational Background Nature of work

Leonida C. Lacsina BS Accountancy Department Manager
Jinalyn I. Dictado BSBA Major in Economics CA-Executive Assistant
Elcidita J. Villaruz BS Commerce Branch Service Officer
Myrna Sotto BS Commerce SCA- Verifier
Agnes Obina BS Accountancy SCA- New Accounts Clerk
Cheryl Navalta BS Commerce SCA- Casa Bkpr.
Ephrima Simpliciano BS Commerce SCA- Bank Teller
BS Commerce (Banking &
Lavinia Porlucas SCA- Bank Teller
Finance)
Nestor Vicente BS Commerce CA-SL BKPR/Clearing

All of the staff in Land Bank of the Philippines finished business courses. That is why their
position in LandBank was aligned with their educational attainment.