Today Saint Helena has its own currency, the Saint Helena pound, which is at parity with the pound sterling. The government of Saint Helena produces its own coinage and banknotes. The Bank of Saint Helena was established on Saint Helena and Ascension Island in 2004. It has branches in Jamestown on Saint Helena, and Georgetown, Ascension Island and it took over the business of the St. Helena government savings bank and Ascension Island Savings Bank.