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Senate grapples with requirements for TBAS to meet FDIC rules

Pago Pago, AMERICAN SAMOA The Senate passed in third reading last week an administration bill which amends the government deposit requirements to meet the Federal Deposit Insurance ....

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Senate confirms Matagi to TBAS board of directors, puts Stevenson nomination on hold

Pago Pago, AMERICAN SAMOA The governor’s nomination of Ruth Matagi as member of the Territorial Bank of American Samoa’s Board of Directors was approved by the Senate l ....

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Former TBAS teller arrested for stealing from customer's account | American Samoa

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 busine ....

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OFI Commissioner testifies on Admin bill seeking to amend TBAS legislation

Pago Pago, AMERICAN SAMOA Commissioner of the Office of Financial Institutions, Tuasivi John Marsh, said he “sees no reason to sell the Territorial Bank of American Samoa&rdq ....

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TBAS acting head says they anticipate ending the year with a surplus

Pago Pago, AMERICAN SAMOA Further queries that were raised during a hearing on the Territorial Bank of American Samoa (TBAS) included long lines at the ATMs, the FDIC issue and the ....

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