| Type | Private |
|---|---|
| Industry | Finance and Insurance |
| Founded | Tagbilaran City, Bohol, Philippines (1982) |
| Headquarters | CPG North Avenue, Taloto District, Tagbilaran City, Bohol, Philippines |
| Key people | Gina A. Taga-an, President |
| Products | Financial Services |
| Net income | unknown |
| Employees | unknown |
| Website | www.fcb.com.ph |
The First Consolidated Bank, also known by its initials FCB, is a private, independent development savings bank organized in 1982 in the province of Bohol in the Philippines by a group of Filipino businesspeople. It operates out of Tagbilaran City and has 41 branches in different parts of the country.
First Consolidated Bank was established in 1982 as a result of the consolidation of 14 independent rural banks in the province of Bohol. The consolidation of these rural banks, the first in Philippine banking history, resulted in the conversion of these rural banks into branches of First Consolidated. In 1993, FCB started expanding into many parts of the Visayas, Mindanao, and Luzon. The bank has 49 branches & 11 kiosk and promotional centers nationwide (as of April 2009).
In December 1996, the Securities and Exchange Commission approved the bank's amendment to operate as a private development bank in accordance with Republic Act No. 7906, otherwise known as the Thrift Bank Act of 1995.