HAGATNA, Guam—Bank of Guam announces it is one of four Rural Category Finalists for the 2020 Strong Communities Award sponsored by the Federal Home Loan Bank of Des Moines (FHLB Des Moines). The annual award honors local projects, people, and programs that benefit small businesses and support retention in their communities. Finalists are from the Midwest, West Coast, and Guam. The award winners will be determined through a public vote at www.fhlbdm.com/award daily starting Oct. 5 at 8am through Friday, Oct. 9 at 5pm, Chamorro Standard Time. Winners, which are split between the rural and urban categories, will be awarded $15,000 while runners up will be awarded $3,000 each.
“We are very proud that the Bank of Guam’s LIFE Teen Expo project is being recognized for its contribution to improving our community and to enhancing the lives of our young adults. This last year’s theme, Diversity and Inclusion, reminds us during this time of how important we all are, and the strength we derive from our diversity. We ask all our communities to support us by voting daily October 5 through 9, 2020 at www.fhlb.com/award.”
Established by Congress in 1932, The Federal Home Loan Bank of Des Moines (one of 11 regional Banks) is a member-owned cooperative that provides funding solutions and liquidity to nearly 1,350 members (including 997 banks) to support mortgage lending, economic and affordable housing throughout communities across 13 states and 3 Pacific territories they serve. For additional information, contact Jackie Marati at (671) 472-5258. (PR)