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Territorial Bank of American Samoa
Pago Pago, AMERICAN SAMOA — Manu’a #1 Faipule Alumamalu Filoiali’i Ale said that the excuse made by the president and CEO of the Territorial Bank of American Samoa (TBAS) explaining the many reasons for the delays in installing a new ATM machine in Manu’a “is an insult to him and his people.”...
Pago Pago, AMERICAN SAMOA — The Territorial Bank of American Samoa’s (TBAS) former Chief Financial Officer (LFO), Nathaniel Clayville in his statement before the House Government Operations committee last week testified that he was terminated without cause by the current TBAS Chief Executive...
Pago Pago, AMERICAN SAMOA — The Territorial Bank of American Samoa (TBAS) board of directors is working on draft legislation, which will seek to have the government guarantee all bank deposits. And this action is similar to the regulatory role of the Federal Deposit Insurance Corporation (FDIC),...
Pago Pago, AMERICAN SAMOA — The House Government Operations committee hearing yesterday morning was cut short after the House legal counsel interrupted the hearing without notifying the chair and addressed the committee about some legal issues.
It was in the middle of the House hearing with former...
Pago Pago, AMERICAN SAMOA — There is no guarantee that the people’s money deposited at the Territorial Bank of American Samoa (TBAS) is protected due to the fact that the bank is not FDIC insured.
This was the statement from the TBAS CEO and president, Dave Buehler when he appeared before the House...
Pago Pago, AMERICAN SAMOA — Vice Speaker of the House of Representative Fetu Fetui Jr did not walk out silently during a House hearing yesterday morning with members of the Territorial Bank of American Samoa (TBAS).
Fetu said he was very disappointed with TBAS CEO, Mr. David Buehler over a personal...
Pago Pago, AMERICAN SAMOA — With the House of Representative taking rumors that the ANZ Bank is preparing to leave the territory very seriously, one of the questions that was raised in the House Chamber last week is whether the Territorial Bank of American Samoa (TBAS) can handle all of the...
Pago Pago, AMERICAN SAMOA — In a news release on Monday this week, government owned Territorial Bank of American Samoa announced that during a board meeting on Sept. 23rd, board member, Sen. Togiola T.A. Tulafono was elected chairman.
Also during the same meeting, board member Salaia Gabbard was...
Pago Pago, AMERICAN SAMOA — Ms. Olivia C. Reid, has resigned from the Board of Directors of the Territorial Bank of American Samoa, a press release from the govt owned institution revealed over the weekend.
The resignation from the board and her position as chairwoman is effective immediately. She...
Pago Pago, AMERICAN SAMOA — In a media statement this week, the Territorial Bank of American Samoa (TBAS) reminds the public that a deposit account needs to be maintained at the ASG owned financial institution in order to cash any check.
“This requirement helps to protect the check holder from...