Territorial Savings Bank to Reopen Two Branches

Rhea-AI Summary

Territorial Savings Bank will reopen its Pearl City and Kalihi Branches on February 7, 2022, following temporary closures due to COVID-related staffing issues. Senior Vice President Robert Lee expressed gratitude to staff and customers for their adherence to health protocols, which facilitated the swift recovery. The bank continues to emphasize its contact-free banking options, including mobile, online, and phone banking, ensuring customer safety during ongoing challenges. Established in 1921, Territorial Savings Bank operates 29 branches across Hawaii, offering various mortgage products and competitive savings rates.

Positive

• Reopening of Pearl City and Kalihi Branches enhances customer access.
• Strong adherence to health protocols enabled a swift recovery.
• Continued offering of contact-free banking options supports customer safety.

Negative

• Temporary branch closures may have impacted customer service and revenue.

HONOLULU, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Territorial Savings Bank announced that it plans to reopen its Pearl City and Kalihi Branches on Monday, February 7, 2022. The branches were temporarily closed in January due to staffing challenges related to COVID.

“We are grateful to our staff and customers who diligently wear masks and practice social distancing while in our branches. Their care and compassion for each other helped us to quickly recover from the impact of COVID last month,” explained Robert Lee, Senior Vice President of Banking Services. “We want to remind our customers that we offer contact-free banking such as mobile banking, online banking and phone banking so customers can bank safely from home or their office,” added Lee.

Territorial Savings Bank began in 1921 offering home loans and savings accounts to the people of Hawaii. Today, with 29 branches on Oahu, Maui, Hawaii and Kauai, Territorial Savings Bank offers a full array of residential mortgage loans and attractive rates on checking and savings accounts.

CONTACT:
WALTER IDA OR VERNON HIRATA
PH. 808-946-1400

FAQ

When will Territorial Savings Bank's Pearl City and Kalihi Branches reopen?

The branches will reopen on February 7, 2022.

Why were the Pearl City and Kalihi Branches temporarily closed?

They were closed due to staffing challenges related to COVID.

What contact-free banking options does Territorial Savings Bank offer?

The bank offers mobile banking, online banking, and phone banking.

How many branches does Territorial Savings Bank operate in Hawaii?

Territorial Savings Bank operates 29 branches across Oahu, Maui, Hawaii, and Kauai.