See every side of every news story
Published loading...Updated

Territorial Savings acquisition is pending

Summary by The Garden Island
HONOLULU — A Los Angeles-based super-­regional Korean American bank is poised to become the owner of Hawai‘i’s fifth-biggest financial institution. Honolulu-based Territorial Savings Bank, founded in 1921, is slated to be acquired by Hope Bancorp Inc., subject to regulatory approval. Territorial, with about $2 billion in assets and 28 branches on O‘ahu, Maui, Kaua‘i and Hawai‘i Island, is expected to retain its brand name and branches if the dea…

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Garden Island broke the news in Hawaii, United States on Wednesday, August 21, 2024.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.