Southbank, the rural banking arm of the Zealep Group of Companies celebrate today its 10 th Anniversary. Originally Kagay-anon Rural Bank before it became part of the Zealep Conglomerate. Southbank started as a one-branch unit. With the recent opening of its branch in Bulua last January 28th, the Bank now has six (6) branches, with four (4) units based in Cagayan de Oro City and two (2) in Bukidnon.
Setting its sight in the resource-rich province of Bukidnon, Southbank plans to open a fuel-fledged branch in Valencia, Bukidnon by middle of the year.
“It is but appropriate and timely that we have to participate in the economic boom that Bukidnon is experiencing, and thereby able to partake in the role that banks, rural banks included in the inclusive growth of our people,” said Southbank President Sonny Mendoza, in recent interview.
Southbank’s Head Office is located at Rodelsa Hall, Kauswagan, Cagayan de Oro where its Main branch, RN Pelaez Blvd. Branch is co-located. Other branches in the city are located at Trendline Bldg. in Cogon, Southbank Plaza in Velez and Village Arcade in Bulua.
Led by its Chairman, Dr. Rafaelita P. Pelaez, the Banks members of the Board are:
Executive Officers include Sonny Mendoza, President and CEO; Allan L. Florig, Branches Operations Manager.