About Territorial Savings Bank
Territorial Savings Bank is a company based in Honolulu (United States) founded in 1921 was acquired by Hope Bancorp in May 2024.. Territorial Savings Bank offers products and services including Checking Account, Savings Account, Mortgage Loans, Visa Debit Card, and Online Banking. Territorial Savings Bank operates in a competitive market with competitors including Salem Five Bank, Spencer Savings Bank, Cullman Savings Bank, Gorham Savings and Altoona First Savings Bank, among others.
- Headquarter Honolulu, United States
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Bank Of Hope
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Hope Bancorp
(May 13, 2024)
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Products & Services of Territorial Savings Bank
Territorial Savings Bank offers a comprehensive portfolio of products and services, including Checking Account, Savings Account, Mortgage Loans, Visa Debit Card, and Online Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for everyday transactions via checks or digital means.
Secure option for earning interest on deposited funds.
Financing for home purchases with competitive rates.
Card for purchases and cash withdrawals with rewards.
Platform for managing accounts and transfers remotely.
Funding Insights of Territorial Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Territorial Savings Bank
Territorial Savings Bank has secured backing from 1 investor. Prominent investors backing the company include Hope Bancorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Banking holding firm operations are overseen in the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Territorial Savings Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Territorial Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Territorial Savings Bank Comparisons
Competitors of Territorial Savings Bank
Territorial Savings Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Salem Five Bank, Spencer Savings Bank, Cullman Savings Bank, Gorham Savings and Altoona First Savings Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Offers personal and business banking, loans, mortgages, and insurance services.
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| domain | founded_year | HQ Location |
Savings Bank
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| domain | founded_year | HQ Location |
Savings and loan services are provided in Cullman, United States.
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| domain | founded_year | HQ Location |
Provides checking, savings, loans, and online banking for individuals and businesses in Maine.
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| domain | founded_year | HQ Location |
Offers checking, savings, loans, and digital banking for consumers and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Territorial Savings Bank
Frequently Asked Questions about Territorial Savings Bank
When was Territorial Savings Bank founded?
Territorial Savings Bank was founded in 1921.
Where is Territorial Savings Bank located?
Territorial Savings Bank is headquartered in Honolulu, United States. It is registered at Honolulu, Hawaii, United States.
What does Territorial Savings Bank do?
Territorial Savings Bank was established in 1921 in Honolulu, United States, as a savings institution focused on community banking. Deposit accounts, mortgages, and related financial services are offered through its operations centered in Hawaii. The bank maintains a digital presence via tsbhawaii.bank, serving local customers with standard retail banking functions in the financial sector. Regulatory compliance is ensured under U.S. banking standards.
Who are the top competitors of Territorial Savings Bank?
Territorial Savings Bank's top competitors include Cullman Savings Bank, Spencer Savings Bank and Salem Five Bank.
What products or services does Territorial Savings Bank offer?
Territorial Savings Bank offers Checking Account, Savings Account, Mortgage Loans, Visa Debit Card, and Online Banking.
Who are Territorial Savings Bank's investors?
Territorial Savings Bank has 1 investor. Key investors include Hope Bancorp.
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