quits Saipan
p. 23 · Read in the full issue
Chase Manhattan quits Saipan
The Chase Manhattan Bank has closed its office on Saipan, according to Micronesian News Service, quoting the local press.
Francisco T. Uludong, the bank’s marketing representative in the Marianas and the rest of Micronesia, said he had been told by the bank’s Guam branch to shut up shop on Saipan because Chase is los ing money and wants to cut out all marginal operations.
The Chase’s closure still leaves Saipan and the Marianas with five ending institutions: Bank of \merica, Bank of Hawaii, California ~irst Bank, Citicorp and the \merican Savings and Loan Associa ion.