Territorial Bank Of American Samoa
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The Territorial Bank of American Samoa (TBAS) is a
state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...
, state-run financial institution based in Pago Pago, American Samoa. It is one of only two government-owned general-service banks in the United States. The bank was established in response to an announcement in 2012 from the Bank of Hawaii that it planned to leave the territory. The bank is unique in that it does not have FDIC insurance and its deposits are instead backed by the government of American Samoa.


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{{reflist Banks based in American Samoa Government-owned banks