BOG wins Money Smarts Banky Award

HAGATNA, Guam—Bank of Guam was named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking.

Bank of Guam was recognized with the institute’s Money Smarts Banky Award for its Financial Empowerment Program as well as its commitment to strong community banking. This recognition is given to top community banks across the country to help people find the best banks in their communities.

Financial Empowerment is an important part of our CSR Strategy. As an organization and members of our community, we have a responsibility to do what we can to strengthen the financial stability of our youth and families. Our efforts over the years have allowed us to build strong partnerships with various organizations that represent our underbanked population. Through those relationships, we are now able to better understand their diverse needs and challenges. We remain committed to building on this foundation and setting new benchmarks in financial empowerment for all.

“Winning this award is not just a recognition of our program’s success—it’s a reflection of the continuing work we do to bring to life our founder’s dream of creating a more financially inclusive and empowered society for generations to come,” said Bank of Guam president and CEO Joaquin P. L.G. Cook.

“Community banks recognize aspirations, dreams, and silent hopes of small businesses and individuals within their communities. The heart and soul of an extraordinary community bank is the visionary blueprint for the community’s success and ability to enact that plan. Those banks were chosen to receive this year’s Banky awards,”said The Institute for Extraordinary Banking chair and founder Roxanne Emmerich.

The Extraordinary Banking Awards emphasize the indispensable contribution community banks have on their communities—how deeply woven into the fabric of the community they are. Their role in elevating the national economy is profound yet often misunderstood.

Community banks are the beacon that illuminates their local communities and the pillar of small business success.

For the full list of 2023 Bank Award recipients, visit https://www.extraordinarybanking.com/2023-banky-awards-winners/. (BOG)