Yap, FM –Bank of FSM would like to inform customers of an important change to the processing of electronic transactions for passbook savings accounts. Effective April 1, 2025, due to regulatory requirements and the automation of our allotment process, they will no longer be able to process allotments or ACH transactions to passbook savings accounts.
Customers who currently process allotments to their passbook savings accounts are encouraged to visit their local branch to explore alternative account options that will support electronic funds transfers. We appreciate your understanding and cooperation as we make these necessary changes.
(For more information, please Contact the Bank of FSM at (691) 350-2329. Thank you) #fsmbank #bankaccnt #savingaccnt
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