Bank of Guam review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Bank of Guam is a straightforward choice for anyone banking on the island who wants a local institution rather than a digital challenger. It holds a bank licence and deposits sit under FDIC up to USD 250,000, and it has been trading since 1972.
Key facts
- Best for
- Guam residents and businesses wanting a local bank licence and insured deposits.
- Licence type
- Bank↗
- Deposit protection
- FDIC up to USD 250,000↗
- Legal entity
- Bank of Guam↗
- Headquarters
- United States↗
- Founded
- 1972↗
- Official website
- bankofguam.com
Facts checked September 26, 2026, 2 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Deposits are insured at FDIC up to USD 250,000
- It operates as a bank under FDIC cert 20884, supervised by the FDIC in the US
- A local institution with roots going back to 1972
- Headquartered in the US, so it understands the local market
Cons
- A bank licence means FDIC up to USD 250,000 is the ceiling, so larger balances need another home
- Licensed as a bank, it competes with e-money providers that sit in the 39.1% group
Who it suits
- Guam residents who want a local branch relationship
- Local businesses handling payroll and supplier payments
- Anyone who values the FDIC up to USD 250,000 deposit ceiling over app-only convenience
Who should look elsewhere
- People wanting an app-first bank, where digital-only providers in the 16.7% group are a better fit
- Balances above FDIC up to USD 250,000, which sit outside insured deposits
- Savers chasing competitive rates, where the savings comparison shows a median of 3.25%
Safety of your money
Bank of Guam is regulated as a bank in the US, and its FDIC record is listed as FDIC cert 20884. That supervision means deposits are covered by the Federal Deposit Insurance Corporation scheme at FDIC up to USD 250,000. A bank licence puts the institution under prudential rules, capital requirements and regular examinations, so the money sits with a chartered lender rather than an e-money or payment institution.
How Bank of Guam compares
An e money provider, so it sits in the 39.1% group where a bank licence does not apply.
Where Bank of Guam is available
- Available
- Guam, United States
- Licence in United States
- FDIC (FDIC cert 20884), checked September 26, 2026
Countries from the brand (Source, checked September 29, 2026)
Frequently asked questions
Is my money protected at Bank of Guam?+
Deposits are insured under the FDIC up to USD 250,000. The bank is supervised as a bank by the FDIC in the US, which means the balance is held by a chartered lender rather than an e-money firm.
What licence does Bank of Guam hold?+
It is licensed as a bank. The regulator record lists the FDIC in the US, and the certificate number on file is FDIC cert 20884.
How long has the bank been running?+
Bank of Guam has been trading since 1972. That makes it a long established local institution, and the legal entity on file is Bank of Guam.
Where is Bank of Guam based?+
The headquarters are listed in the US. Being a locally based bank matters if you want face to face service in Guam rather than an app-only product.
Does Bank of Guam suit businesses?+
It is a reasonable fit for local companies that want a bank rather than a payment institution. Business accounts make up 29.9% of the everyday account audience on the site.
Is a bank better than an e-money account for deposits?+
It depends on what you value. Bank licences account for 31.7% of everyday accounts, against 36.7% for e-money providers, so both structures are common.
Sources
- banks.data.fdic.gov/bankfind-suite/bankfind/details/20884 checked September 26, 2026
Backs: Deposit protection, Headquarters, Legal entity, Licence type, Licences
“CERT=20884; NAME=Bank of Guam; WEBADDR=www.bankofguam.com; ACTIVE=1”
- usbanksdirectory.com/bank-of-guam/guam/tamuning checked September 26, 2026
Backs: Founded
“Established Date 1972-12-11”
Compiled from 2 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Currencies.
Related by the facts
Bank of Guam
Guam residents and businesses wanting a local bank licence and insured deposits.