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Pago Pago, AMERICAN SAMOA — Governor Lemanu P. S. Mauga met earlier this month with high-ranking officials from the U.S. Treasury Department, the Federal Deposit Insurance Corporation (FDIC) and the White House to enlist federal support for the Governor’s effort to have a federally insured...
Territorial Bank of American Samoa (TBAS) Board nominee Leilua Stevenson and current TBAS board chairman, Steve Watson
Pago Pago, AMERICAN SAMOA — While the Territorial Bank of American Samoa (TBAS) faced a yearly loss, described as “minimal”, it is the goal of the government-owned bank to achieve “monthly profitability” by July 2019, and “end the year in black”, according to a report by the Office of Financial...