Bank of the FSM receives banking accolade
KOLONIA, Pohnpei (FSM Information Services): May 17, 2004 - The Bank of the Federated States of Micronesia recently received Honorable Mention for sharing 'best practices' in the bank's employee development and training philosophies.
The special recognition was published in the April/May 2004 issue of Western Independent Bankers Association [WIB], a regional banking association that assists member banks in achieving the highest standards of personal and organizational performance.
Ruth Iriarte, Assistant Vice President/Human Resources Manager for the Bank of FSM submitted the following acclaimed article:
Established in 1937, WIB provides the members with an avenue to share information and help each other succeed. Approximately 250 community-oriented banks and savings & loans in the Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and the U.S. Territories belong to the Association.
The Bank of the Federated States of Micronesia was founded in 1985 and incorporated under the laws of the FSM. It is the first and only non-USA bank insured by the Federal Deposit Insurance Corporation (FDIC) of the United States outside of the US and its territories. It is a full-service bank with a branch in each of the four FSM States conducting general commercial and consumer banking services.
Further information on the Bank of the Federated States of Micronesia can be found at its official website: www.bofsm.fm.
For further information on this release, please contact:
FSM Office of the President Public Information: Press, Radio, Video P.O Box 34 Palikir Station, Pohnpei, FM 96941 Tel.: (691) 320-2548/2092 Fax.: (691) 320-4356 e-mail: email@example.com http://www.fsmpio.fm/