(GOVERNOR’S OFFICE) – Bank of Hawaii ended its banking services to the Territory of American Samoa last Friday, August 16, 2019 after 50 years of dedicated services. Governor Lolo M. Moliga remembered vividly his first meeting with Chairman and President of the Bank of Hawaii Mr. Peter Ho in March of 2013 wherein he committed that the Bank of Hawaii would not leave until such time the governor was satisfied that a new bank has the ability to offer all of the banking services traditionally provided by Bank of Hawaii.
“Mr. Peter Ho stayed firm on his commitment to me evidenced by the six and one half years it took us to find a banking solution in the form of a government owned Territorial Bank of American Samoa and I can not find the appropriate words to express my profound gratitude and deep appreciation to him as I found in him a rare leader who thinks with his heart and not by profits” said Governor Moliga.
(Final day of Bank of Hawaii operations in American Samoa - Friday, August 16, 2019)
“I have such mixed emotions because I am saddened by the departure of an integral member of our American Samoa family as well as a business partner who played a major role in building our economy and raising the quality of life of our people” continued Governor Moliga.
“While we owe a debt of gratitude to Bank of Hawaii and its leaders for a half a century of services to our government, private sector, and our community, the decision by Bank of Hawaii to exit the American Samoa market compelled us to find a solution that is locally based thus giving us a sense of self-sufficiency and self-reliance” added the Governor.
“Chairman and President Mr. Peter Ho’s and the Bank of Hawaii’s faithful an generous services to the people of American Samoa will be forever edged and engraved in our peoples’ souls, hearts, and minds, and it will be perpetuated and memorialized in our history for future generations “ declared Governor Moliga.
Thank you Vice-Chairman Mark Rossi for making the trip to American Samoa on behalf of Mr. Peter Ho to convey Bank of Hawaii’s demonstration of concern for American Samoa. I thank you Mr. Hobbs Lowson for making sure that the Bank of Hawaii’s service to American Samoa is not compromised or interrupted.
On behalf of Lieutenant Governor Lemanu Palepoi Sialega Mauga, President of the Senate Gaoteote Pala’ie Tofau, Speaker of the House of Representatives Savali Talavou Ale, Chief Justice Lealaialoa Michael Kruse, traditional leaders, private sector leaders, religious leaders, and the people of American Samoa, I extend to Peter Ho and the Bank of Hawaii Organization our gratefulness for your services and bid you farewell and continued prosperity to the Bank of Hawaii.