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Federal Reserve Bank
![Territorial Bank of American Samoa president, Philip Ware with TBAS chief operations officer, Makerita Polu following yesterday's news conference, where the officials announced that TBAS has opened its “master account” with the Federal Reserve Bank, San Francisco. [photo: FS]](https://www.samoanews.com/sites/default/files/styles/teaser/public/field/image/TBAS%20executives.jpg?itok=nStVGj-O "Territorial Bank of American Samoa president, Philip Ware with TBAS chief operations officer, Makerita Polu following yesterday's news conference, where the officials announced that TBAS has opened its “master account” with the Federal Reserve Bank, San Francisco. [photo: FS]")
Pago Pago, AMERICAN SAMOA — The Territorial Bank of American Samoa, with a deposit portfolio of more than $8 million, is moving another step forward towards the goal of providing full banking services, with the opening of a required “master account” with the Federal Reserve Bark to gain access into...