Bank of Guam and Spiral partner on new digital savings tools

Core Insights - Bank of Guam has partnered with Spiral to launch new digital banking features aimed at promoting savings among customers [1][2] - The collaboration includes a Savings Center that offers automatic savings and personalized goal tracking for significant purchases or milestones [1] - A Giving Center will also be introduced, allowing direct donations from user accounts and tracking charitable activities [3] Digital Banking Features - The Savings Center will enable customers to set savings targets for various goals such as property ownership, business ventures, vehicles, or travel [1] - Customers will have the option to round up everyday transactions, directing the difference into personal savings or donations to nonprofit organizations [2] Community Engagement - The initiatives are part of Bank of Guam's Financial Empowerment Program, which provides financial education resources to the community [4] - Spiral's technology aims to link financial management tools with community engagement through banking activities [4] - The bank plans to enhance its involvement with local nonprofits by facilitating fundraising efforts and donation matching [3]