About Us
Central Savings and Loan Association started operations on February 28, 1968 as a thrift bank with an authorized capital stock of P 2,000,000 divided into 20,000 shares of common stock with par value of P 100 each share. On June 6, 1979, bank’s application to increase its authorized capital stock from P2 million composed of 20,000 common shares to P4 million divided into 40,000 common sh
ares was approved. On April 4, 1991, the bank’s application changing the name from Central Savings and Loan Association, Inc, to Central Savings and Loan Bank as well as its increase in capital stock from P6 million to P12 million was approved. The P6 million increase is divided into 60,000 shares of common stock with par value of P100 per share. On June 3, 1999, stockholders representing 113,824 shares or 94.85% of the bank’s 120,000 shares of subscribed and paid-up common stock approved the amendment increasing the authorized capital stock from P12 million to P50 million. On March 3, 2000, its application for conversion from thrift bank into a rural bank was approved by the Monetary in its Resolution N. 351. On June 7, 2001, Bangko Sentral ng Pilipinas issued a certificate of authority granted Central Visayas Rural Bank to operate as a rural bank. September 22, 2005, Department of Trade and Industry issued certificate of Business name registration of Central Visayas Rural Bank as SG Bank – a Rural Bank. In 2012, we have finally changed the name to “SG Bank- A Rural Bank Inc.”. Our Three Pillar Core Values
We believe in building a FOUNDATION of TRUST and INTEGRITY.
• We believe in becoming a premier rural bank that is trusted by the community – one that stands for integrity.
• We believe in inspiring others to be truthful and fair.
• We believe in upholding principles higher than traditional business goals by doing what is right not only what is allowed.
• We believe that trust is the foundation of relationships and how we build our business relationship is a testament to our integrity.
• We believe in God’s guidance in the bank’s stewardship and in everything that we do. We believe in VALUE CREATION and DRIVEN PERFORMANCE for our CLIENTS.
• We believe in treating our clients and stakeholders as family and listening to their needs
• We believe in caring and walking the extra mile for our clients and stakeholders. In order for their aspirations in life be achieved.
• We believe in guiding our clients and taking the time to mentor them in their financial goals.
• We believe in staying connected with our clients and in keeping up with their life’s milestones
• We believe in doing what is right for our clients so that their plans in life will be materialized.
• We believe in making our clients feel at home doing business with us. Making banking with SG Bank, easy and convenient.
• We believe in being genuine to our clients and stakeholders. Genuine means treating them with sincerity, honesty and real. We believe in a SHARED COMMUNITY
• We believe in building positive connections with clients, employees, stakeholders and the community.
• We believe in serving by sharing our financial expertise and resources to our community that is driven by the ideals of a premier rural bank.
