The Bank has updated its savings accounts to provide the most flexible product available to customers. If you currently have a Savings Account, your account will automatically be converted to the new product. See the Account Update Notice links below!

Account Update Notices

Notice

Non Profit Savings Accounts

Notice

Personal Savings Accounts

Notice

Business Savings Accounts

Notice

Personal Statement Savings Account Disclosure

Announcements

Holiday Notice Reminder:

President Day, Sunday 11/23/25 – All FSM Branches and Corporate Office will be closed on Monday 11/24/25 in observance of this Holiday, resuming normal business hours on 11/25/25.

Thanksgiving Day, Thursday 11/27/25 – Chuuk Branch and Kosrae Branch will be closed in observance of this Holiday, resuming normal business hours on 11/28/25.

Thanksgiving Day, Thursday 11/27/25 – Pohnpei Branch and Yap Branch will close at 12 PM in observance of this Holiday, resuming normal business hours on 11/28/25.

The Bank of the FSM is seeking proposals from qualified companies registered and operating in the Federated States of Micronesia (FSM) to provide IT consulting services. The purpose of this RFP is to identify eligible firms with the technical capacity and proven experience to support the Bank’s ongoing technology efforts and consulting needs in select areas.

For more details, click here.

Bank of FSM Consumer Online Banking! Before registering, the FIRST STEP is to make sure that we have your current personal email address on file. Visit your local BFSM branch and complete an EMAIL UPDATE FORM today!

Exciting News from the Bank of FSM!

We’re thrilled to announce that Commercial Online Banking is now available! Our new platform will give businesses the ability to manage accounts, process transactions, and access banking services with ease-anytime, anywhere.Stay tuned for more details on how you can sign up and start using this game-changing service!

Bank of FSM – The bank of first choice.

Mobile Deposits Now Available at Bank of FSM!

We’re excited to let you know that mobile deposits are now available through the consumer, Bank of FSM Digital banking platform! You can easily deposit checks remotely from your phone, anytime, anywhere. Just log on, select mobile deposit and follow the directions that will appear. Take a photo of your check (Front and Back), and submit. It’s easy, quick, secure, and convenient!

For more information, visit our website or contact us via secured message through the Digital Banking platform.

Happy banking with Bank of FSM!

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