Quezon Capital Rural Bank (QCRB) evolved out of a predicament. Rural Banking, then void in the provincial capital of Quezon, Lucena City; had to be filled to provide reliable financial services to the community’s small farmers, fishermen, traders and other enterprising individuals. And so, immediately after the 1972 Constitutional Convention, two of the Delegates of the province – CPA/Lawyer Leandro P. Garcia and Banker Gil G. Puyat, Jr., President and Chairman respectively, spearheaded the Bank’s incorporation. Atty. Medardo B. Medenilla who facilitated the organizational process, became its Corporate Secretary.
Mrs. Iluminada C. Alcala (wife of then Quezon Governor Anacleto C. Alcala) as Vice President; businessman Remigio C. Bautista as Treasurer; Dr. Sonia I. Garcia (wife of then Judge Efren P. Garcia) and Dr. Emeterio Calayan, Jr. as Board Members, completed QCRB’s Charter Board.
On January 29, 1974, QCRB opened its doors to business, with noted commercial lawyer Atty. Jose S. Laureles as its first General Manager. The Bank was then housed in a rented edifice in the heart of the city’s commercial district, at the corner of Merchan and Juarez streets, Lucena City. On June 15, 1980, QCRB moved to its present site on its own building at the corner of Perez and C.M. Recto streets, which is strategically located within the enclave of the Head of the Provincial Government of Quezon. The Bank is being managed by the present Board headed by Dr. Ciriaco Am. Caraos as Chairman, Atty. Edward Leandro Z. Garcia, Jr. as President and CEO, Ferdinand Leandro Z. Garcia as Corporate Secretary, Anacleto C. Alcala, Jr. as Treasurer, Alexander M. Calma as Executive Vice-President and COO and four other directors namely: Atty. Medardo B. Medenilla, Atty. Jose S. Laureles, Dr. Marissa Antonette Z. Garcia and Richard Leandro Z. Garcia.
In the new millennium, QCRB upholds its tradition of conservatism with progressiveness because there lies its strength. Management has focused its efforts in the continuous improvement of its people. Professionalization of every individual in the organization is top priority, aiming towards customer satisfaction. Moreover, more stringent policy changes are being adopted. Loans and investments are carefully scrutinized. Compliance to Bangko Sentral regulations on financial ratios and reserve requirements are strictly followed.