FSM Development Bank: facts and offers

Updated September 28, 2026 · BorrowCue Editorial Team

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Key facts

Loan amount
$1,000 to $50,000 (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
FSM citizens or residents of 5 years, permanently employed, good credit record, at least 18 years of age (Source, checked September 26, 2026)
Loan types
Personal, Business, Credit-line (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Federated States of Micronesia Development Bank (Source, checked September 26, 2026)
Headquarters
Micronesia (Source, checked September 26, 2026)
Founded
1979 (Source, checked September 26, 2026)
Support channels
Email, Phone (Source, checked September 26, 2026)
Features
Credit line
Official website
fsmdb.fm

How FSM Development Bank compares

Where FSM Development Bank is available

Available
Micronesia

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Which company operates FSM Development Bank?+

FSM Development Bank is operated by Federated States of Micronesia Development Bank. (Source, checked September 26, 2026)

Where is FSM Development Bank based?+

FSM Development Bank is based in Micronesia. (Source, checked September 26, 2026)

When was FSM Development Bank founded?+

FSM Development Bank was founded in 1979. (Source, checked September 26, 2026)

How can I contact FSM Development Bank support?+

FSM Development Bank offers support through Email, Phone. (Source, checked September 26, 2026)

Sources

  • fsmdb.fm checked September 26, 2026

    Backs: Headquarters, Loan types

    “The bank has its headquarters located in the State of Pohnpei, the Nation's Capital, with branch offices in Yap, Chuuk and Kosrae.”

  • fsmdb.fm/about-fsmdb/history-of-the-bank checked September 26, 2026

    Backs: Founded, Legal entity

    “It was chartered in 1979 by the First Congress of the Federated States of Micronesia and commenced in 1980.”

  • fsmdb.fm/fsmdb-products/business-term-loans checked September 26, 2026

    Backs: Lender type

    “Term loans are the most common type of financing the Bank has had extended since its establishment.”

  • fsmdb.fm/fsmdb-products/home-energy-loans checked September 26, 2026

    Backs: Use cases

    “The program aims to help FSM consumers construct new homes, or to renovate or improve existing homes with emphasis to energy efficiency”

  • fsmdb.fm/fsmdb-products/lines-of-credit checked September 26, 2026

    Backs: Features

    “It is a 1-year loan facility on a revolving basis, with 30 to 120-day maturities, depending on the needs of the business.”

  • fsmdb.fm/fsmdb-products/livelihood-loans checked September 26, 2026

    Backs: Loan amount, Credit needed, Eligibility, Support channels

    “The minimum loan amount is $1,000, and the maximum loan amount is $50,000.”

Compiled from 6 source pages, checked September 28, 2026. We did not open an account.

Not confirmed yet: APR, Term, Arrangement fee, Credit check, Funding time, Representative example.

FSM Development Bank

FSM Development Bank

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