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Territorial Bank of American Samoa

The Territorial Bank of American Samoa (TBAS)
Pago Pago, AMERICAN SAMOA — A local group of investors is proposing to purchase the Territorial Bank of American Samoa (TBAS), the government-owned bank that started operating when Bank of Hawaii departed American Samoa four years ago. In a letter to Governor Lemanu Mauga dated April 26, the...
egislative Assistant Daniel Black, Papali’i David Cohen, Attorney General Fainu'ulelei Utu, Small Business Credit Initiative director Robert Ho Chee, and Legislative director Richard Stanton
Washington, D.C. — Congresswoman Uifa’atali Amata’s congressional office welcomed Attorney General Fainu'ulelei Falefatu Alailima-Utu; former DOI/OIA Assistant Secretary Papali’i David Cohen; and Small Business Credit Initiative director Robert Ho Chee to her Washington, D.C., office June 15 and 16...
The Territorial Bank of American Samoa (TBAS)
Pago Pago, AMERICAN SAMOA — The Territorial Bank of American Samoa has posted on its website a notice of a shutdown over the Easter weekend. The notice advises that TBAS has scheduled a ‘required’ server maintenance project to begin the evening of Saturday, April 16 that will take all banking...
Alumamalu Filoiali’i Ale (right) and Tiaoalii Fau Sai (left)
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.”...
Former TBAS LFO Nathaniel Clayville, Faipule Larry Sanitoa
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...
Sen. Togiola Tulafono
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),...
Nate Clayville (left) and Timothy Jones
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...
Dave Buehler
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...
David A. Buehler (left) and (right) Vice Speaker of the House Fetu Fetui
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...
Rep. Larry Sanitoa
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...

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