Our History

Brief History of CSFirst Bank, Inc., A Rural Bank

 

The founder, Mr. Cezar T. Quiambao, a Certified Public Accountant and a native of Bayambang, Pangasinan is a successful Businessman in Indonesia with more than Two (2) decades of experience in Logging, Infrastructure and other Business interest. He came back to   the Philippines in early 90’s and introduced Private and Public Sector partnership projects with then President Fidel V. Ramos’ administration. One of the first multi-million-dollar projects was the Skyway project connecting the South Luzon Expressway.

 

Mr. Quiambao did not only come back to contribute in national infrastructure projects and  Information Technology initiatives but also is his longtime dream to institute financial access to his beloved  hometown, Bayambang, Pangasinan by establishing a Rural Banking System which was named after his alumni Class Sixty-Five (CSF Rural Bank of Bayambang, Inc.). Mr. Quiambao is aware that Bayambang is one of the largest producers of different agricultural products in the Province of Pangasinan because of its given rich natural resources and it is just proper that  the Municipality of Bayambang must have a financial system that would look after the financial requirements of the less fortunate farmers in the area.

           

On January 18, 1999 CSF Rural Bank of Bayambang Inc. was established, a corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with Securities and Exchange Commission Registration No. A199815922 and BSP Authority.

 

Because of the investments in the local economy from different Investors,  Bayambang now is a First-class Municipality and is known as “The Most Promising Business Zone” in the Central District of the Province with multiple opportunities to offer. The Bank played a very important role in the history of rapid transformation of the founder’s birthplace. 

 

The Bank changed its corporate name on June 30, 2009 to CSFirst Bank Inc., a Rural Bank since there are new entries of additional Shareholders of the Corporation with renewed Mission and Vision and enhanced Banking services that lead into a greater height of excellence and trust.

      

CSFirst Bank, Inc. Main Office is located at the Ground Floor,  Royal Fun Ranch Mall Complex, J.P. Rizal St., Zone 1, Bayambang, Pangasinan and its Branch office is located at Penoy St., District III, Pozorrubio Pangasinan.

 

CSFirst Bank, Inc. is considered as a Simple Bank. It has three (3) bank committees (i.e. Credit Committee - CRECOM, Audit Committee - AUDITCOM and Management Committee - MANCOM) in order to address operational issues and risks from each respective departments of the Bank. The organizational structure of the Bank is compose by the following departments: (1) Cash Department; (2) Loans and Marketing Department; (3) Accounting Department; (4) Internal Audit; and Compliance.

 

CSFirst Bank, Inc.’s. President and Chief Executive Officer (CEO) is Mr. Cezar T. Quiambao.