Brig. Gen. Charles Y. Hotchkiss (Ret.) is new CBI President
Cantilan Bank’s former Executive Vice-President, Brig. Gen. Charles Y. Hotchkiss (Ret.) is now the President of CBI after the Board of Directors unanimously voted him during their election on August 6, 2014.
Brig. Gen. Charles Y. Hotchkiss (Ret.) is a military man turned banker. He retired as a Wing Commander of the 600th Air Base Wing of the Philippine Air Force in 2005. Two weeks after his retirement, he joined CBI as a member of the Board of Directors and assumed the position of the Executive Vice-President.
With his nine-year stint in the bank, he was able to prove that his military discipline has helped him handle various challenges faced by CBI.
The new CBI President replaced Lt. Gen. William K. Hotchkiss (Ret.), who is currently taking his seat in the national office as Director General of the Civil Aviation Authority of the Philippines.
Brig. Gen. Charles Y. Hotchkiss (Ret.) urged his team throughout the 22 branches to further deepen and strengthen its relationship with the communities it serves and to continue to support the growth and economic development of these communities.
Founded in 1980, Cantilan Bank, Inc. (CBI) is one of the leading community banks in the country with Corporate Headquarters in Cantilan, Surigao del Sur. It has 22 Branches and 15 Micro-banking Offices which are strategically located across CARAGA and the rest of Eastern Mindanao to reach the unbanked and underbanked populations of rural Mindanao.
Currently, CBI has P1.7 billion pesos in total assets and provides financial services through its network of 22 branches, 15 micro-banking offices, and 14 ATMs that are strategically located across Caraga, Compostella Valley, Davao del Norte, Davao Oriental and Southern Leyte.
Cantilan Bank was recently awarded by Landbank of the Philippines as one of the Top 3 Outstanding Countryside Financial Institutions in the country having the lowest pass-on rate and by the BIR as the number one corporate taxpayer in Surigao del Sur. Its microsavings product for students was also recognized as the best in the country by the Rafael B. Buenaventura Foundation. For more information on your friendly community bank, visit www.cantilanbank.com.