The local government of the Municipality of Miagao, in tandem with the Land Bank of the Philippines – Miagao, now adopts the Automated Teller Machine Payroll Facility in disbursing salaries and benefits to their employees effective December 15, 2013.
The effort was formally laid down through the signing of the memorandum of agreement on October 21, 2013 by Mayor Macario N. Napulan for the local government and branch manager Ms. Rocel Gargarita for the Land Bank of the Philippines – Miagao. It was signed in the presence of Vice Mayor Leonardo Naldoza, Sangguniang Bayan members Maria Teresa Jambre and Patricio Fio and some local government department heads.
After having decipher the advantages of the using the ATM Payroll Facility, Mrs. Glenda Losanta, OIC – Municipal Treasurer pushed for the realization of this program which according to her would safeguard the local government’s resources and at the same time protect the disbursing officer from liabilities since it will reduce cash possessions.
Mrs. Losanta further explained that the ATM Payroll Facility enables automatic crediting of LGU employee’s salaries to the employee’s individual ATM payroll account. Employee’s need only to maintain a minimum balance of P100.00 in their ATM payroll account to keep it in active status. The project initially benefits nearly 159 plantilla personnel who have fast and easy access to their accounts.
The employees may likewise enroll their accounts under Land Bank’s Phone Access so they can do banking transactions such as account balance, bills payment and fund transfer, among others, Mrs. Losanta said.