FSMDB Consumer Loans
The FSMDB personal/consumer loan program has been designed to assist FSM citizens and residents with the demonstrated ability to repay loans. A loan can be requested for:
Purchase of furniture and fixtures
Purchase of vehicles
Purchase of boats and engines
Personal and family purposes
Other purposes acceptable to FSMDB
Eligible applicants must be FSM citizens or resident of 5 years, permanently employed, have a good credit record, and be at least 18 years of age. The minimum loan amount is $1,000, and the maximum loan amount is $30,000.
How to Apply
To apply for an FSMDB consumer loan, please download and complete the application form below. Completed applications can be submitted to the FSMDB branch office nearest you. Please contact our loan officers with any questions or concerns. For FSMDB branch contact information, click here.