Finance
List of Commercial banks in Guam
The banking sector in Guam is integral to the territory’s economic landscape, acting as a cornerstone for financial services and driving economic growth. As a U.S. territory in the western Pacific Ocean, Guam features a diverse and dynamic banking industry that meets the financial needs of individuals, businesses, and government entities.
Guam’s Banking Sector: A Cornerstone of Economic Development
Guam’s banking sector, integral to the territory’s economic development, adheres to stringent U.S. regulatory standards, ensuring financial stability. Both local and international institutions offer services including retail, corporate, and investment banking, and wealth management, promoting financial inclusion across diverse communities. Despite its small size, the sector shows resilience and adaptability to economic challenges, continuously enhancing services through innovation and technology. Additionally, Guam’s strategic location as a Pacific commerce and tourism hub offers unique opportunities for cross-border transactions and international trade.
| Bank Name | Sector | Headquarters | Bank Revenue(USD) | Bank Revenue(USD) | Contact Details |
| Bank of Guam | Commercial Banking | Hagåtña, Guam | 118.1 Million | 118.10 Million | 671-472-5300 |
| BankPacific | Commercial Banking | Hagåtña, Guam | 1.92 million | 1.92 million | 671-479-1159 |
| Bank of Hawaii | Commercial Banking | Honolulu, Hawaii | 0.66 Billion | 0.66Billion | 671-479-3500 |
Conclusion:
In summary, the banking sector in Guam serves as a vital pillar of the territory’s economy, providing essential financial services, fostering economic growth, and contributing to the overall prosperity of Guam and its residents.
