Territorial Bancorp, Inc. operates as the bank holding company for Territorial Savings Bank, which provides financial services to individuals, families, and businesses in Hawaii. The company is headquartered in Honolulu, Hawaii and currently employs 233 full-time employees. The Bank's business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans and investment securities. The Bank also originates home equity loans and lines of credit, construction, commercial and other nonresidential real estate loans, consumer loans, multifamily mortgage loans and other loans. The Bank’s offers a variety of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. Through its subsidiary, Territorial Financial Services, Inc., it engages in insurance agency activities. The company also offers various non-deposit investments to its customers, including annuities and mutual funds, through a third-party broker-dealer.
Industry: Savings Institution, Federally Chartered Peers: Bogota Financial Corp BV Financial Inc ESSA Bancorp, Inc. FS Bancorp Inc Northeast Community Bancorp Inc OP Bancorp Onity Group Inc Rocket Companies Inc Western New England Bancorp Inc William Penn Bancorporation
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