Territorial Bancorp serves its customers island-style. The company was formed in 2009 to be the financial holding company for Territorial Savings Bank, which serves Hawaii through about two dozen branch locations. The bank provides standard products and services such as checking and savings accounts, money market accounts, CDs, IRAs, and loans. Subsidiary Territorial Financial Services sells insurance. Mutual funds and annuities are offered through LPL Financial. Territorial Savings targets the territorial nature of its customers -- residential mortgages account for 90% of its loan portfolio. Multifamily and commercial mortgages and construction and home equity loans round out its lending activities.