Hope Bancorp completed the merger with Territorial Bancorp in a $79m deal.

Hope Bancorp, the holding company of Bank of Hope, completed the merger with Territorial Bancorp, the stock holding company of Territorial Savings Bank, in a $79m deal. “We are excited to have completed this combination and to officially welcome Territorial customers and team members to the Bank of Hope family. With the addition of Territorial Savings, Bank of Hope has become the largest regional bank catering to multi-cultural customers across the continental United States and Hawaii,” Kevin S. Kim, Hope Bancorp Chairman, President and CEO.