Personal Finance Center celebrates 45th anniversary

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Personal Finance Center is now celebrating 45 years with the island of Guam.

Starting in 1976, PFC led the way to be one of Guam’s locally owned finance companies. Under the Camacho family, PFC has provided financial services for both the people and small businesses.

PFC Chief Operations Officer Frank Camacho said: “It’s a local lending institution. We primarily do personal loans, commercial loans, mortgage loans, and home equity. We also have a product called money certificates which is an investment product where consumers can earn very attractive interest rates. And we also provide insurance. Home, business, and auto insurance for the community.”

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When asked about their success and how they feel about the event, PFC President Nelson Pegarido and CFO Camacho stated that it is because of the company’s loyal customers that they were able to continue to serve the island.

“I’ve been with the company for 17 years, it’s part of, as Nelson mentioned, family roots, the Camacho family. It really is rooted in family, rooted in values, rooted in family and culture. Today, we are celebrating the community, celebrating our success, celebrating our employees. And we’re just proud to be part of this community and a contributing member here,” Camacho said.

When asked about what PFC did for their employees during the COVID-19 pandemic, Frank said they were able to stay open and keep their employees.

“It’s been a tough year in 2020 for the whole island, but we’re proud to say that throughout the whole pandemic, we stayed open for our customers, we kept people employed. And that was important to us to maintain our operation, maintain a safe working area, and to provide the customer service that our customers expect. We’ve done that and we’ll continue to do that and recover with the rest of the community,” Camacho said.

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