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TBAS
Pago Pago, AMERICAN SAMOA — A man while working as a teller for the Territorial Bank of American Samoa (TBAS) has been arrested and charged for allegedly stealing money from a business customer’s bank account by writing counter checks on the account and withdrawing more than $20,000.
Counter checks...
Pago Pago, AMERICAN SAMOA — As the banking industry is reeling from closure of two federally insured financial institutions in the U.S, causing concerns among consumers, the Territorial Bank of American Samoa (TBAS) has assured its customers that, “it is business as usual and [TBAS] continues to...
Pago Pago, AMERICAN SAMOA — The shutdown on Friday of Silicon Valley Bank followed by Signature Bank by the Federal Deposit Insurance Corporation (FDIC) has led to the call by one of the Tualauta faipule for the Territorial Bank of American Samoa (TBAS) to provide a financial statement.
Larry...
Pago Pago, AMERICAN SAMOA — Is the Legislative Branch, its employees and lawmakers included in the direct-deposit mandate issued by acting governor Talauega Eleasalo Ale?
That question was publicly raised during Monday’s Senate session — and that is something lawmakers have also asked each other....
Pago Pago, AMERICAN SAMOA — The Federal Deposit Insurance Corporation (FDIC) maintains until the Territorial Bank of American Samoa comes under “private ownership” only then will it “entertain an application for insurance.”
This is according to TBAS Manager David Buehler when he testified before...
Pago Pago, AMERICAN SAMOA — The Department of Public Safety is investigating an attempted burglary at the Territorial Bank of American Samoa, Tafuna branch in the early hours of Saturday morning.
Police suspect the alleged culprits are prisoners, according to police officials who spoke to Samoa...
Pago Pago, AMERICAN SAMOA — The Territorial Bank of American Samoa (TBAS) has received the coin order that was announced earlier last month and the ASG owned bank scheduled a designated merchant coin distribution pick up time this week Wednesday at the main branch in Utulei.
The initial...
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...
Pago Pago, AMERICAN SAMOA — Governor Lemanun Peleti Mauga has sent to the Fono for review and approval two land lease agreements. One is for the Pala Lagoon Swimming Center and the other is for the Territorial Bank of American Samoa.
The original lease for the Pala Lagoon Swimming Center of nine...
Pago Pago, AMERICAN SAMOA — Several stores have posted signs at the check-out counters asking customers for coins in exchange for dollar bills. Store clerks have told Samoa News that there’s been a shortage of coins available from the local banks. And some customers saving coins in their piggy-bank...