BankPacific
- Company typePrivate
- Founded1954
- HeadquartersHagåtña, Guam
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
BankPacific firmographics
Firmographics- Name
- BankPacific
- Legal name
- BankPacific, Ltd.
- Website
- https://bankpacific.com
- Company type
- Private
- Founded year
- 1954
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
BankPacific industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where BankPacific is headquartered
LocationHeadquarters
- HQ city
- Hagåtña
- HQ country
- Guam
Offices6 records
Markets served
BankPacific business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Primary revenue from interest earned on loans including mortgage loans, personal loans, auto loans, business loans, and HELOCs. Interest rate products include fixed and variable rate options.
- Account and Transaction Fees: Fee income from checking account maintenance fees, minimum balance fees, overdraft fees, return check charges, and per-check fees on business accounts.
- Wire Transfer Fees: Fees charged for domestic and international wire fund transfers for personal and business customers.
- Cashier's Check Fees: Fees for issuing cashier's checks for large or time-sensitive transactions.
- Business Cash Management Fees: Monthly cash management fees for online banking services on business checking accounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business Checking - Basic tier with low monthly maintenance and no minimum balance requirement |
| Subscription | Monthly | Business Checking Plus - Interest-earning account with $1,000 minimum balance |
| Subscription | Monthly | Business Checking Premium - Premier tier with higher balance requirements |
| Subscription | Monthly | myWayChecking - Flexible checking with statement choice |
| Freemium | Monthly | myGreenFreeChecking - 100% digital paperless account |
| Subscription | Monthly | myPersonalChecking - Classic checking with low minimum balance |
| Subscription | Monthly | myPersonalCheckingPlus - Interest-earning checking |
| Subscription | Monthly | myPersonalPremiumChecking - Premium checking with complimentary checks |
| Subscription | Monthly | myManamko'Checking - Senior checking for customers 55+ |
| Subscription | Monthly | Money Market Account - Tiered interest rates with debit card access |
| One time/ perpetual license | Multi-year contract | Certificate of Deposit - Fixed rate savings with various terms |
| Usage-based | Pay-as-you-go | HELOC - Home Equity Line of Credit up to $400,000 |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
BankPacific product offering
Product offeringCore offering
BankPacific is a community bank that provides deposit products (checking, savings, money market, CDs), lending products (personal loans, auto loans, mortgages, HELOCs, VA, construction, land, and business loans), debit cards, and merchant/payment services (ACH, wire transfers, card processing) to individual consumers and small/medium businesses. Distribution is through six physical branches across Guam, Saipan, and Palau, complemented by MyMobileBanking and MyOnlineBanking digital platforms.
Product overview
BankPacific is a community bank offering a comprehensive suite of banking products and services through a platform-plus-modules architecture. The core banking offerings span personal banking (checking, savings, CDs, money market accounts), lending products (personal loans, auto loans, home loans including mortgages, land loans, construction loans, HELOCs, and business loans), and business banking services. Supporting modules include digital banking platforms (MyMobileBanking, MyOnlineBanking, myCloudBanking), card management (Visa Check Card, BankPacific Card Pal mobile app), payment services (ACH, wire transfers, credit/debit card processing), and ancillary services (safe deposit boxes, notary, utility payments, cashier's checks). The bank operates across Guam, Saipan, and Palau with both traditional branch banking and modern digital channels.
Differentiator
Problem solved
Functional benefit
Products and services
- myWayChecking
- myGreenFreeChecking
- myPersonalChecking
- myPersonalCheckingPlus
- myPersonalPremiumChecking
- myManåmko' Checking
- Personal Savings
- Certificate of Deposit (Personal)
- MyMoneyMarketAccount
- myPersonalLoans
- myAutoLoan
- myPersonalCreditLine
- myHomeLoan
- myLandLoan
- myConstructionLoan
- myHomeEquityLineOfCredit (HELOC)
- VA Home Loan
- BankPacific Visa Check Card
- BusinessChecking
- BusinessChecking Plus
- BusinessChecking Premium
- Business Savings
- Business Money Market Account (BusinessMMA)
- Business Time Certificate of Deposit
- Business Loans
Quantifiable outcome
- Serving island communities for over 70 years with personalized banking
- +2 more outcomes
Companies that use BankPacific
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
BankPacific technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
BankPacific partnerships and signals
Strategic signalScale indicators6 records
Recent moves14 records
Expansion highlights5 records
BankPacific competitors and assessment
Company assessmentOthers
- Federal Home Loan Bank of Des Moines: FHLB Des Moines is a wholesale funding and liquidity partner (and Member Impact Fund grant provider) for BankPacific; comparable institutions (FHLBs) play a critical role in supporting community-bank funding and affordable housing lending.
- Ascend Federal Credit Union: While not a direct geographic competitor, Ascend Federal Credit Union is a comparable community-oriented, member-owned deposit and lending institution that serves as a structural comparator for BankPacific's retail/community banking model.
Regional players
- ANZ Bank Guam: ANZ Bank Guam is a foreign-bank subsidiary operating in the same Guam market as BankPacific, providing consumer and commercial banking services and competing for the same island customer base.
Direct peers
- Citizens Security Bank (Guam): Citizens Security Bank is a smaller community bank operating in Guam, comparable to BankPacific in scale, target market (Guam residents and SMBs), and product mix of personal and business banking.
- Territorial Savings Bank: Territorial Savings Bank is a Hawaii-headquartered community bank focused on residential lending and consumer deposits, comparable to BankPacific in scale, local ownership orientation, and community-banking product mix.
- Bank of Guam: Bank of Guam is the largest locally headquartered bank in Guam and the most direct competitor to BankPacific, offering a similar full suite of consumer, business, and loan products across Guam, CNMI, Palau, the FSM, and the Marshall Islands.
- Hawaii National Bank: Hawaii National Bank is a Hawaii-based community bank of similar size and locally owned character, offering a comparable mix of personal, business, and lending products as BankPacific — a useful peer for community-bank operating benchmarks.
Broad incumbents
- Bank of Hawaii: Bank of Hawaii is a diversified commercial bank serving Hawaii and the broader Pacific region, including Guam, where it operates consumer and business banking branches in direct competition with BankPacific's local franchise.
- First Hawaiian Bank: First Hawaiian Bank is the largest Hawaii-based bank and a major Western Pacific banking incumbent with branches in Guam, Saipan, and Palau; it competes directly with BankPacific on consumer and business banking in the same island geographies.
Emerging players
- Coast360 Federal Credit Union: Coast360 Federal Credit Union is a Guam-based member-owned credit union competing with BankPacific for personal and small-business deposits, loans, and digital banking customers in the same island market.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
BankPacific social profiles
Digital presenceBankPacific compliance and trust
Trust signalCompliance2 records
BankPacific financial estimates
Financial estimateRevenue estimate
Valuation estimate
BankPacific leadership team
Management profileNumber of profiles
Profiles23 records
BankPacific funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BankPacific M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BankPacific
What does BankPacific do?
BankPacific is a community bank that provides deposit products (checking, savings, money market, CDs), lending products (personal loans, auto loans, mortgages, HELOCs, VA, construction, land, and business loans), debit cards, and merchant/payment services (ACH, wire transfers, card processing) to individual consumers and small/medium businesses. Distribution is through six physical branches across Guam, Saipan, and Palau, complemented by MyMobileBanking and MyOnlineBanking digital platforms.
Is BankPacific a public or private company?
BankPacific is a private company. It is classified as family owned and is currently operating.
When was BankPacific founded?
BankPacific was founded in 1954. It employs 11 to 50 people.
Where is BankPacific based?
BankPacific is headquartered in Hagåtña, Guam.
How does BankPacific make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are account and Transaction Fees, wire Transfer Fees, cashier's Check Fees and business Cash Management Fees.
Who are BankPacific's main competitors?
Others on record are Federal Home Loan Bank of Des Moines and Ascend Federal Credit Union. ANZ Bank Guam is listed as a regional player. Direct peers are Citizens Security Bank (Guam), Territorial Savings Bank, Bank of Guam and Hawaii National Bank. Broad incumbents are Bank of Hawaii and First Hawaiian Bank. Coast360 Federal Credit Union is listed as an emerging player.
Does BankPacific have an API?
No public API is recorded for BankPacific.
What industry is BankPacific in?
BankPacific's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 522110 and its SIC code is 6021.