P. O. Box 159
Kolonia, Pohnpei 96941
Federated States of Micronesia
Phone: (691) 320-2480 Fax: (691) 320-2479 E-Mail:

YES! Opens Account with BFSM

Kolonia, Pohnpei (October 3, 2014) - The Young Executives Society, Inc. (YES!) opened a checking with the Bank of the Federated States of Micronesia on Thursday, October 2, 2014.

YES! president Ioakim Loney, Jr. and treasurer Ernest Phillip transacted with the bank as officers and authorized signatories for the student association. They were accompanied by advisors and co-signatories, Rafael Pulmano and Timothy Mamangon.

Mr. Pulmano teaches accounting courses at the College of Micronesia-FSM, while Mr. Mamangon instructs economics, finance and other business courses.

With the opening of a bank account under its corporate name as a non-profit organization, YES! is now in better position to engage in school and community-related services and run its operations as a functioning business.

By participating in such out-of-the-classroom activities that are relevant to their academic courses, students have greater opportunities to bridge the gap between theory and practice; effectively meeting their programs' learning outcomes, and are better prepared for w employment after college.