Bank of Hawaii to exit American Samoan market

By Dave Segal

POSTED: 01:30 a.m. HST, Dec 01, 2012

~~<p>Bank of Hawaii, which in the early 2000s sold or closed most of its international and mainland branches to focus on Hawaii, is retrenching again.</p>
<p>The state's second-largest bank said Friday it is ending its more than 40-year presence in American Samoa by closing its two branches there, pulling out its seven automated teller machines and laying off 30 employees. The closures of the Tafuna and Utulei branches will occur in the first quarter. Bank of Hawaii has been in the U.S. territory since 1969.</p>
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Bank of Hawaii, which in the early 2000s sold or closed most of its international and mainland branches to focus on Hawaii, is retrenching again.

The state's second-largest bank said Friday it is ending its more than 40-year presence in American Samoa by closing its two branches there, pulling out its seven automated teller machines and laying off 30 employees. The closures of the Tafuna and Utulei branches will occur in the first quarter. Bank of Hawaii has been in the U.S. territory since 1969. Login for more...