restating
Pago Pago, AMERICAN SAMOA — Last week Wednesday, the House Government Operations committee held a hearing to review issues that are concerning the community about the future of banking in American Samoa, what with the yet unannounced departure of ANZ Bank from the territory rumored, and the...

![Since its inception, ASG has invested $16.35Mil (cash & asset transfers) into TBAS, and the financials basically show that the value of this investment has dropped to 47% of the accumulated total. That’s less that one-half of what ASG invested. [photo by AF] The Territorial Bank of American Samoa (TBAS)](https://www.samoanews.com/sites/default/files/styles/teaser/public/field/image/tbas_1025.jpg?itok=SdH-2dTy)