Hawaii State Bank Holding Company: Territorial Bancorp Inc. (TBNK) (1921)

Territorial Bancorp Inc. (NASDAQ: TBNK) was founded in 1921 and is headquartered in Honolulu, Hawaii. It has 264 full-time employees. It is the holding company of Territorial Savings Bank (Territorial Savings Bank) and provides various services to individuals, families and businesses in Hawaii. Financial Services.

Territorial Bancorp

Territorial Bancorp Inc. (TBNK):

Since its establishment in 1921, Territorial Savings Bank has been committed to providing customers with personal financial services and in keeping with the needs of the community and the expectations of account holders. The company’s assets have grown to approximately US$2 billion and have 29 convenience stores in Hawaii Of branches. Territorial Savings Bank branches are located on the islands of Oahu, Maui, Kauai and Hawaii.

As a full-service bank, Territorial Savings Bank provides a variety of FDIC insurance deposit products and loan products for consumers and small businesses . The company also provides non-FDIC insurance investment products such as annuities, mutual funds and life insurance through a third-party broker LPL Financial LLC.

Territorial Savings Bank and Investment Services at Territorial Savings Bank are neither brokers nor members of LPL Financial LLC. In July 2009, the IPO of Territorial Bancorp Inc. became a publicly traded company. The company’s stock is traded on the Nasdaq Global Select Market under the symbol “TBNK”.

The specific services of Territorial Bancorp Inc. include:

  • Provides a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, business and term checking accounts, and Super NOW accounts.
  • It also provides a variety of loan products, including 1 to 4 residential mortgage loans; home equity loans; construction, commercial and other non-residential real estate loans; consumer loans; multi-family mortgage loans; commercial loans; and other loans, as well as providing credit lines and Investment securities.
  • Territorial Bancorp also engages in insurance agency business through its subsidiary Territorial Financial Services, Inc.
  • In addition, Territorial Bancorp provides a variety of non-deposit investments through third-party broker-dealers, including annuities and mutual funds.

Territorial Bancorp Inc. operates through a network of 29 full-service branches located in Hawaii.

Notify of
Inline Feedbacks
View all Intels

Blank Check Company: GigCapital2, Inc. (GIX) (2019)

The second largest auto retailer in the United States: Penske Automotive Group (PAG) (1990)