About Us
Message From The Banking Commissioner
Mr. Jesse Giltamag
"I join the Chairman in welcoming you to our website! Our
website is fairly new and is an initiative in progress. Please feel free
to contact us should you need additional and/or specific information
otherwise not found on our website. The Banking Commissioner is
appointed by the President of the FSM and serves as the Chief Executive
Officer of the Banking Board, responsible to it for the execution of its
policy and the performance of duties and exercise of powers conferred by
the Bank Act of 1980 as codified under 29 FSMC. Our overarching mandates
or purposes are: (1) to undertake the licensing and supervision of
banks; (2) to protect the interests of depositors; and (3) to promote
the soundness, stability, and development of the banking system. As such, feel
free to use the
Contact Us link located at the bottom of our website if
and ever you need further assistance or information."
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