Bank of Guam donates $100,000 to Yutu relief


Joaquin Cook, third from left, Bank of Guam interim president and chief executive officer, presents a check for $100,000 to Gov. Ralph DLG Torres, center, yesterday at the Bank of Guam branch in Garapan, in support of Super Typhoon Yutu relief efforts. Others in photo are, from left, Frank Atalig, Bank of Guam senior vice president/chief financial officer; CNMI lieutenant governor-elect Arnold Palacios; first lady Diann Torres; Frances Borja, Bank of Guam board member; and Marcie Tomokane, Bank of Guam CNMI regional manager. The $100,000 would reportedly be distributed among different relief organizations in the CNMI. (Erwin Encinares)

Bank of Guam’s interim president and chief executive officer Joaquin P.L.G. Cook met with the bank’s Saipan team yesterday, saw the aftermath of Super Typhoon Yutu, and donated $100,000 to benefit the community.

“Viewing the devastating effects of Yutu on our community tugs on the collective hearts of the [Bank of Guam] family,” Cook said.

“All of our employees from throughout Guam, the Federated States of Micronesia, the Republic of the Marshall Islands, Palau, and San Francisco join together to support and uplift the spirits of the people of the CNMI who are facing incalculable challenges as they recover and rebuild from Yutu.

“It is at times like these that the primary mission becomes helping those who need it most, and our Bank of Guam family is prepared to assist in all the ways we can,” he added.

Since the passing of Yutu, Bank of Guam has contributed $15,000 to the Ayuda Foundation to airlift medical supplies for 10,000 patients.

The bank has also established a “Typhoon Yutu Relief” fund account, offered loan deferments for CNMI residents, and provided its services for coin drives in support of the CNMI community. (PR)

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