Business

Territorial Announces Stock Meeting Results

May 28, 2015, 2:56 PM HST
* Updated May 28, 2:57 PM
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Territorial Bancorp Inc. has announced the results of its 2015 annual meeting of stockholders that was held Thursday.

Allan S. Kitagawa and Richard I. Murakami, both of which are members of the board of directors, were elected to serve for a three-year term during the meeting.

Stockholders also made the decision to ratify the appointment of Moss Adams LLP as the independent registered public accounting firm for the company. The firm will be tasked until the year ending on Dec. 31, 2015. Also during the meeting, stockholders approved the Company’s compensation of named executive officers on an advisory basis.

Headquartered in Honolulu, Territorial Bancorp Inc., is the parent company of Territorial Savings Bank.

In 1921 Territorial Savings Bank became a state chartered savings bank, by the Territory of Hawai’i. There are 28 branch offices throughout the state, including a branch in both Hilo and Kona.

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