Bank of Guam's 4th Quarter Economic Forum
Bank of Guam presented the 4th Quarter Economic Forum by Joseph A. Bradley, Bank of Guam's Senior Vice President/Chief Economist, Economic and Business Continuity Officer and a panel of industry experts who gave an update on relevant global, national and local economic conditions and current business trends. Panelists included Mark Baldyga, CEO, Baldyga Group LLC/ Guam Visitors Bureau Chairman of the Board, Jay Rojas, Administrator, Guam Economic Development Authority, Lester Carlson, Deputy Director, Bureau of Budget & Management Research, Artemio "Ricky" Hernandez, Director of the Guam Legislature of Finance and Budget and Karri Perez, PhD Associate Professor, Global Resources Management, University of Guam School of Business and Public Administration.
Bank of Guam receives Banky Award
Bank of Guam won three recognition awards within a 10 day period in September 2016. The Bank was named among the top 1 percent most extraordinary banks in the U.S. by the Institute for Extraordinary Banking™ in Chicago, Illinois. Awarded the Institute's Banky Award, Bank of Guam was recognized for their commitment to strong community.
Bank of Guam named the winner of the 2016 ABA Marketing Video Contest
On September 26, 2016 Bank of Guam won the 2016 ABA Bank Marketing Video Contest in the $1.5 billion category for their "IFIT 5K Run" entry. Winning among 400 entries after an initial vote by a panel of 60 judges and the public, the final selection was made by the attendees of the annual Conference. The ABA wrote that "this category winner breaks the mold of financial services advertising, not only by focusing on a charity event, but also by melding the sounds and images of traditional Pacific Island culture with the concept of a modern family on the move."
Bank of Guam repeats win as "Best Bank"
Bank of Guam repeated its win as "Best Bank" in Pika's Best of Guam competition, sponsored by the Pacific Daily News. The Bank won for both 2015 and 2016, and bested national financial institutions.
Bank of Guam employees raised almost $4,000 for Yigo Fire Tragedy Family
Bank of Guam employees held a bake sale and a rummage sale to benefit the Yigo Fire Tragedy family victims and survivors. The combined total for both events was $3,929.07. Bank of Guam Board Chair Lou A. Leon Guerrero noted, "While nothing can compare to the deep sadness this family is experiencing and will continue to suffer, it is our hope that these small tokens of help from our community can soften their pain".
Bank of Guam is named Five-Time Lender of the Year
Bank of Guam is now a five-time winner of the "Lender of the Year" award given by the U.S. Small Business Administration Guam Branch Office to the lender who approves the highest number of SBA-backed loans in a given fiscal year. This year, Bank of Guam approved a total of 23 SBA Guaranty loans lending over $1.5million to various small businesses.