JJEREN LENDING CORPORATION

It was in early 1995 that several colleagues from LandBank also availed of the early retirement plan of the bank. These included vice president and regional head Mr. Raymundo a. Dionisio, Josefina Avelino, Edna A. Mag-Atas, and Lucila E. Odra. Earlier, Jesus V. Padua retired in 2003 and Ligaya Austria in 2004.

In April or May, 2005 these former officers of LandBank began meeting once a month for a re-union and plan for future activities. We met in Cabanatuan city most of the time at Max's restaurant with one of us as the host in a round robin style.This went on until we had decided to put up a lending corporation as project to serve as an activity for us as retirees not to be idle and unproductive. It was on the last quarter of 2005 that the incorporation papers were prepared for registration with the Security and Exchange Commission(SEC).

The final incorporators from the original core of former LandBankers who put up the lending corporation were Raymundo A. Dionisio, Jesus V. Padua, Edna E. Mag-Atas, Josefina Avelino and Nonito C. Cristobal. The name we selected was JJEREN Lending Corporation (JFC). The name was derived from the first letters of the name of the incorporators: J(Josie)JE(Jess)R(Ray)E(Edna)N(Noni).

JJEREN Lending Corporation (JFC) was opened on January 16, 2006 at San Isidro, Nueva Ecija.The manager of the corporation was Albert U. Mag-Atas, husband of Edna Mag-Atas and a former manager of GM Rural Bank. Officers of JFC were Raymundo A. Dionisio, Chairman of the Board of Directors; Jesus V. Padua, President; Nonito C. Cristobal, Treasurer; and Edna E. Mag-Atas, Corporate Secretary.




JFC - GAPAN BRANCH

After a year of operation, JFC proved to be successful in terms of profitability and growth that the board of directors decided to put up a branch in Gapan city, Nueva Ecija.

JFC - Gapan branch was opened on March 2, 2007. I was appointed to be branch manager of Gapan branch temporarily in its early part of operation while we are scouting for a permanent manager.






HIGHLIGHTS OF ACTIVITIES OF JFC

BOD PLANNING IN TAGAYTAY CITY






JFC BOD PLANNING IN BAGUIO CITY



BOD PLANNING AT FONTANA, CLARK...May, 2007





BOD PLANNING IN VIGAN, ILOCOS SUR...October 12-13, 2007






JFC 2007 CHRISTMAS PARTY, Dreamwater Resort, Penaranda, N.E...Dec. 22, 2007



JFC CHRISTMAS PARTY, Bahay ni Maria, Alua, San Isidro, NE...2008













CREAM SEMINAR WITH LBP MANAGER MS. LETTY DAMASCO AS RESOURCE PERSON





JFC LADIES AFTER EXCOM MEETING...December 17, 2009







I served as manager of JFC, Gapan branch up to June 30, 2007. I requested the board to appoint a full-time manager. Mr. Cezar Enoza, a former manager of Bangko Luzon took over as manager of the branch.

It was in the last quarter of 2007 that the board of directors began to think of expanding the operation of JFC to serve its clientele better. The idea of converting the corporation into a rural bank emerged.