Bankoh to stay in American Samoa till June 14

A hearing scheduled for Tuesday will cover Bank of Hawaii's move to exit the area

By Dave Segal

POSTED: 01:30 a.m. HST, Mar 07, 2013

~~<p>Bank of Hawaii is delaying its planned departure from American Samoa for 90 days after conversations between CEO Peter Ho and the U.S. territory's newly elected governor, Lolo Moliga.</p>
<p>American Samoa has been attempting to persuade the bank to remain in the territory, and the Federal Reserve Board of San Francisco will hold hearings Tuesday in Honolulu and American Samoa on the bank’s plan to close its two branches there.</p>
~~

Bank of Hawaii is delaying its planned departure from American Samoa for 90 days after conversations between CEO Peter Ho and the U.S. territory's newly elected governor, Lolo Moliga.

American Samoa has been attempting to persuade the bank to remain in the territory, and the Federal Reserve Board of San Francisco will hold hearings Tuesday in Honolulu and American Samoa on the bank’s plan to close its two branches there. Login for more...