Tuesday, July 19, 2011

Hawaii Bank Branches

By Krista Peddle


Hawaii has been a latest addition to the American states and is the only American state fully made up of islands. Hawaii is famous for its beaches, cool waters, volcanoes and hot climate. Hawaii has a vibrant ethos and thousands of people visit Hawaii every year. Although popular for its beaches, Hawaii also boasts many successful industries through the production of sugarcane and pineapple. Hawaii's cost of living is soaring with regards to other states and its tourism industry generates lots of revenues. Due to the large shipping distances and costs, the distribution of apparel and food items has been restricted. Hawaii also houses many large and known banks in different cities of the state. Some of the Hawaii banks are as follows.

Territorial Savings Bank

Territorial Savings Bank was founded in 1921 and has around 250 full time staff members. It operates 26 branches in the state of Hawaii and has been serving to the financial needs of the people through a wide range of products. Its banking products comprise of consumer online banking, checking products, credit cards, savings products, investment products, loan products and telephone banking among many other services.

Central Pacific Bank

Operating as a subsidiary of the Central Pacific Financial Corporation, the bank was established in 1954 to assist immigrant families in building a new life. Central Pacific Bank provides many financial products which serve to the needs of individuals and corporations. It is also among the top banks in terms of residential mortgages and is famous for its community participation. It offers services such as checking accounts, loans, wire transfers, cash management, merchant services, wealth management, online banking and residential mortgages among many others.

Hawaii National Bank

Hawai National Bank was founded in 1960 in Honolulu and is among the top Hawaii banks today. It is a community bank with 14 branches in the state and offers a host of financial services. Its services include retirement accounts, savings and checking accounts, personal loans, residential loans, home equity mortgages, special business loans, commercial real estate loans, online banking and government guaranteed loans to name a few.

Bank of Hawaii

The Bank of Hawaii is among the leaders in the financial market of Hawaii and has been in service since 1897. It runs over 50 branches in the state and performance wise, it is among the leading banks of the country with $3 billion in assets. Its banking products include: checking and savings account, cash management, loans and leasing, merchant services, wealth management, investment management, online banking, mortgages and IRA among others.

Although, these are some of the leading and most commonly used Hawaii banks, however, there are numerous other credit unions and major US banks.




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