"I love FSMDB – FSM Development Bank"

2022-08-06 15:15:23

Contact FSMDB+691.320.2840Mon - Fri 8.00 - 5.00Closed WeekendsFSM Development BankP.O. Box M, Pohnpei, FM 96941HomeAbout UsHistory of the BankVision and MissionFSMDB BranchesPohnpei HeadquartersChuuk BranchKosrae BranchYap BranchFSMDB TeamFSMDB HQ StaffFSMDB Chuuk StaffFSMDB Kosrae StaffFSMDB Yap StaffBoard of DirectorsShareholdersOrganizational ChartPhoto LibraryScholarshipsFSMDB CareersRegional MembershipsProducts & ServicesBusiness Term LoansBusiness Lines of CreditConsumer LoansHome Energy LoansTraining InstitutePublicationsFSMDB Annual ReportsFSMDB Annual AuditsFSMDB NewslettersFSMDB BrochuresNewsroomKosrae NewsPohnpei NewsChuuk NewsYap NewsVacanciesItems for SaleLand and BuildingsMovable PropertiesRFPs & RFQsContact UsComplaint FormHomeAbout UsHistory of the BankVision and MissionFSMDB BranchesPohnpei HeadquartersChuuk BranchKosrae BranchYap BranchFSMDB TeamFSMDB HQ StaffFSMDB Chuuk StaffFSMDB Kosrae StaffFSMDB Yap StaffBoard of DirectorsShareholdersOrganizational ChartPhoto LibraryScholarshipsFSMDB CareersRegional MembershipsProducts & ServicesBusiness Term LoansBusiness Lines of CreditConsumer LoansHome Energy LoansTraining InstitutePublicationsFSMDB Annual ReportsFSMDB Annual AuditsFSMDB NewslettersFSMDB BrochuresNewsroomKosrae NewsPohnpei NewsChuuk NewsYap NewsVacanciesItems for SaleLand and BuildingsMovable PropertiesRFPs & RFQsContact UsComplaint FormContact FSMDB+691.320.2840Mon - Fri 8.00 - 5.00Closed WeekendsFSM Development BankP.O. Box M, Pohnpei, FM 96941 find out more Now Offering Home Loans FIND OUT HOW! GROW YOUR BUSINESS (or start a new one!) HOW CAN WE HELP? Come visit us at one of our FSMDB branch locations throughout the FSM. COME VISIT US find out more THE HOME ENERGY LOAN PROGRAM (HELP) Apply for HELP to make your home more energy efficient. Proudly Celebrating 40 years of growth and achievements in the FSM! Kalahngan, Kinisou Chapur, Kulo, Kammagar! FSMDB PRODUCTS & SERVICESBusiness Term LoansFSMDB has helped hundreds of businesses throughout the FSM.  Whether you’re just getting started or ready to grow, we can help!LEARN MORE Business Lines of CreditThe FSMDB offers Business Lines of Credit to businesses that have been operating for at least two years.LEARN MORE Consumer LoansWhether you need to purchase a new car, a new boat, an engine, or assist with a family emergency, FSMDB Consumer Loans can help.LEARN MORE Home Energy LoansFSMDB offers a Home Energy Loan Program (HELP) to help customers make their homes more energy efficient.  Find out more!LEARN MORE Come Visit Us!With offices conveniently located in Kosrae, Pohnpei, Chuuk and Yap, we are always available to help.  Come visit!LEARN MORE FSMDB is Your Partner in Business.Visit any of our branches for more information.ABOUT FSMDBThe Federated States of Micronesia Development Bank (FSMDB) was established by the 1st Congress of the Federated States of Micronesia in 1979. Its operation began on October 1, 1980, but lending did not start until 1982. In 1994, the enabling law that created the bank was amended to reorganize the structure of the bank to reflect that of a normal corporation with shareholders.  The bank’s current shareholders are the FSM National, Chuuk State and Kosrae State governments.The primary purpose of the bank is to provide loans for the economic development of the FSM. The bank has its headquarters located in the State of Pohnpei, the Nation’s Capital, with branch offices in Yap, Chuuk and Kosrae.FREQUENTLY ASKED QUESTIONSWhat Services does FSMDB Offer?FSMDB primarily offers loans to commercially viable projects that are owned by FSM citizens and foreign companies with at least 25 % FSM citizen ownership. FSMDB currently offers: 1) Business Commercial Loans; 2) Home or Housing Loans and 3) Personal/Consumer loans.How Can I Contact an FSMDB Official?FSMDB Headquarters are located in Pohnpei, the Nation’s Capitol.  FSMDB also supports branch offices in the FSM states of Kosrae, Chuuk, and Yap.  Please feel free to contact us with any questions regarding our products and services.How Can I Apply for a Loan?Applications for Business Term Loans, Business Lines of Credit, Consumer Loans, Housing Loans, or Home Energy Loans, can all be downloaded online.  If you have any questions regarding the details or eligibility of any of our loans, please visit a branch location or contact us.We make the best investment decisions to achieve the national vision of a vibrant private-sector led economy throughout the Federated States of Micronesia.Anna MendiolaPresident & CEO, FSM Development Bank“The FSM Development Bank strives to be a financial leader. Our services and performance are comparable to the best-managed development financial institutions anywhere in the Pacific region.”Anna MendiolaPresident & CEO, FSM Development BankFSMDB NEWSROOMNotice of HQ Office Closure (Pohnpei)All News, Chuuk News, Kosrae News, Pohnpei News2022 FSMDB SCHOLARSHIPS ANNOUNCEMENT – APPLY NOW!All News, Chuuk News, Kosrae News, Pohnpei NewsFSMDB institutes online Bank Transfers as a Payment Option for CustomersAll News, Chuuk News, Kosrae News, Pohnpei News, Yap NewsFSMDB FALL 2021 SCHOLARSHIP RECIPIENTSAll News, Kosrae News, Pohnpei News, Yap NewsVISIT AN FSMDB BRANCH.Questions about FSMDB services? Considering a personal or business loan? Please feel free to visit one of our branch offices, or contact us using this form. The FSM Development Bank is a key player in the development of the private sector in the Federated States of Micronesia that enjoys the confidence of the national and state leaders, its customers, regulators and stakeholders. FSMDB NewsNotice of HQ Office Closure (Pohnpei)2022 FSMDB SCHOLARSHIPS ANNOUNCEMENT – APPLY NOW!FSMDB on TwitterPleased to announce a newly redesigned website, now available to the public. Visit us online at https://t.co/qfEHplOoA3.over a year agoFSMDB MAILING LISTCopyright © 2020 FSM Development Bank (FSMDB)