T he C urrencyof P ositive C hange Community
Transcription
T he C urrencyof P ositive C hange Community
T h e C u r r e n c y o f P o s i t i v e C h a n g e Community Report 2012 Bank of Hawaii 2012 Impact at a Glance 2,276 12,191 Employees 2,558 525 Volunteer hours contributed to financial education of children in schools. 5,834 Volunteer hours contributed to community organizations, including financial education, by Bank of Hawaii employees and retirees. Not-for-profit community organizations that benefited from contributions of money, time or expertise from Bank of Hawaii and its employees, and Bank of Hawaii Foundation. 976 7 103 $ 3.8 MILLION Residential mortgages recorded by BOH. Bank of Hawaii also loaned nearly $1.5 billion to Hawaii homeowners—more than any other local lender, making BOH the state’s #1 local residential lender. Low-income housing units financed by Bank of Hawaii. Consecutive ratings of “Outstanding,” the highest possible rating by the Federal Reserve Board, for performance under the Community Reinvestment Act. Guaranteed loans made by Bank of Hawaii to small businesses in 2012, leading to BOH being named Hawaii’s “Lender of the Year” in Category 1 by the Small Business Administration. Contributions of Bank of Hawaii and its employees and retirees, and Bank of Hawaii Foundation to community organizations, including $1.4 million value of in-kind donations. Aloha, At Bank of Hawaii, we believe in investing in our community. As the state’s largest independently owned financial institution, we see community investment as a corporate responsibility and opportunity to make a positive difference. We also know that success in business is closely linked to the success of our island communities. We draw inspiration from the life and legacy of U.S. Senator Daniel K. Inouye. Generations will benefit from his leadership, which broadened Hawaii’s presence and influence beyond our Islands to the nation and world. Senator Inouye was a tireless advocate for Hawaii’s people, communities and economy, and for that we are truly grateful. Investing in our community takes many forms. We provide customers with quality banking and investment products and services to help them build financial security. We encourage volunteerism, contributing the time, energy and talents of our employees and retirees. In addition, we provide support from Bank of Hawaii Foundation and our employee giving campaigns. We hope you will find this report a useful resource for understanding the current state of some of the community’s social needs. We also hope you will enjoy reading about our efforts as a local corporation supporting our community. We wish to extend a warm mahalo to the many organizations and individuals who partner with us to strengthen our community and make it a better place for everyone. Sincerely, Peter S. Ho Chairman, President, and Chief Executive Officer Bank of Hawaii Corporation and Bank of Hawaii Chairman, Bank of Hawaii Foundation 2 H AWA I I A S S E T- R E L AT E D I N D I C AT O R S Asset Poverty1 Hawaii’s high cost of living, volume of low-wage jobs, and cost of housing continue to make it difficult for people to build assets. Several key 2012 indicators for Hawaii underscore why Bank of Hawaii focuses on strengthening the communities we serve. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Asset Poverty1 14.6% of households are asset poor, meaning they are without sufficient net worth to subsist at the poverty level for three months in the absence of income. Zero Net Worth1 11.5% of households have zero or negative net worth. Households with negative net worth owe more than they own. 31% 25% 25% | 2002 | 2005 19% | | 2007–08 2009–10 19% 15% | 2012 | 2013 16% 12% | 2012 | 2013 Zero Net Worth1 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 18% 20% | 2002 | 2005 23% 14% | | 2007–08 2009–10 Credit Card Debt1 $13,031 is the average credit card debt of individual borrowers, among the highest in the country. Credit Card Debt1 $ 13,500 12,000 10,500 9,000 7,500 6,000 4,500 3,000 1,500 0 $ 12,419 $ 13,031 • • | 2012 | 2013 $ 2,859 $ 1,623 • | 2007–08 | 2009–10 • 3 Home Ownership1 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% H AWA I I 55% 58% | 2002 | 2005 60% 54% | | 2007–08 2009–10 58% 57% | 2012 | 2013 A S S E T- R E L AT E D I N D I C AT O R S Housing Cost Burden1 Home Ownership1 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Only 56.8% of Hawaii’s households own their homes, among the lowest in the country. 50% 46% 49% Housing Cost Burden1 49.2% of income in Hawaii households is consumed by costs of owning a home, the highest in the country. | 2009–10 | 2012 | 2013 Fair-Market Rent2 Fair-Market Rent2 $ 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 $ 1,509 $ 1,509 $ 1,536 • $ 1,159 $ 885 • $ 915 • • • $ 1,610 $ 1,616 $ 1,647 $ 1,671 • • • • $ 1,224 $1,671 for a two-bedroom apartment at “fair-market rent” is the highest in the country. Fair-market rent is determined by the Dept. of Housing and Urban Development (HUD). • Housing Wage2 • | | | | | | | | 2003 2004 2005 2006 2007 2008 2009 2010 | 2011 | 2012 | 2013 $32.14 is the hourly wage a full-time worker would have to make to afford a two-bedroom fair-market rental in Hawaii, the highest in the country. Housing Wage2 $ 36.00 32.00 28.00 24.00 20.00 16.00 12.00 8.00 4.00 0 $ 31.68 $ 32.14 $ 29.02 $ 29.02 $ 29.53 $ 30.96 $ 31.08 • • • • • • • 1 Corporation for Enterprise Development’s 2013 Assets and Opportunities Scorecard for Hawaii, http://scorecard.assetsandopportunity.org/2013/state/hi. $ 22.30 $ 23.53 $ 17.02 • $ 17.60 • Sources: • • 2 | | | | | | | | 2003 2004 2005 2006 2007 2008 2009 2010 | 2011 | 2012 | 2013 National Low Income Housing Coalition, Housing Out of Reach 2013: Hawaii, http://nlihc.org/oor/2013/HI. 4 Unemployment Rate H AWA I I A S S E T- R E L AT E D I N D I C AT O R S Unemployment Rate3 5.8% of people are unemployed. This relatively low rate is because Oahu was somewhat insulated from the recession, Hawaii’s military industry has been stable, and our tourism industry has bounced back. Underemployment Rate4 15.1% of people are underemployed, meaning they are either unemployed or working part time, but want to be working full time. Children in Poverty5 51,000 children in Hawaii or 16.8% under 18 years of age live in families with income below the $22,811 federal poverty line for a four-person household. Children Ages 3 to 4 Not Enrolled in Preschool6 48% of Hawaii’s 3- and 4-year-olds are not enrolled in Head Start or preschool. High-quality prekindergarten programs can improve school readiness, with the greatest gains accruing to the highest-risk children. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2.8% 2.4% 2.6% 4.0% 6.8% 7.0% 6.5% 5.8% | | | | | | | | 2005 2006 2007 2008 2009 2010 2011 2012 Underemployment Rate 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 16% 17% 9% 9% 8% 6% 6% 6% | | | | | | | | 2003 2004 2005 2006 2007 2008 2009 2010 15% | 2011 Children in Poverty 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 15% 17% | | | | | | 2005 2006 2007 2008 2009 2010 | 2011 13% 12% 11% 11% 14% Sources: Children Ages 3 to 4 Not Enrolled in Preschool 3 Bureau of Labor Statistics, U.S. Dept. of Labor, Regional & State Unemployment, http://www.bls.gov. 4 Corporation for Enterprise Development’s 2013 Assets and Opportunities Scorecard for Hawaii, http://scorecard.assetsandopportunity.org/2013/state/hi. 5 University of Hawaii Center on the Family Data Center, Child & Family Indicators, 2012 updates, http://uhfamily.hawaii.edu/cof_data/cfi/family_indicators. 6 2013 Kids Count Data Book, a project of the Annie E. Casey Foundation, selected indicators for Hawaii, http://datacenter.kidscount.org/publications/databook/2013. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 52% | 2005–07 48% 47% 48% | 2006–08 | 2007–09 | 2009–11 5 Partnering for Positive Change 6 F O C U S A R E A S Financial Education Financial knowledge is the key to economic empowerment. We couldn’t agree more with the following statement. “[W]e want consumers of all ages to have the opportunities and resources to improve their financial capability so they are able to navigate the financial marketplace effectively and take more control over their economic lives.” —Consumer Financial Protection Bureau Director Richard Cordray Senior Executive Vice President Jill Higa teaches Jefferson Elementary kindergarteners about saving. Financial education starts where all good education starts—with our children. “Teach Children to Save” As part of our annual “Teach Children to Save” initiative, more than 175 BOH volunteers taught nearly 4,000 students at 31 elementary, middle and high schools. In addition, as part of our annual “Get Smart About Credit Day,” 80 BOH volunteers taught more than 2,400 students at 22 schools about responsible credit practices. A Jefferson Elementary kindergartener learns about the different values of different-sized coins. 7 F O C U S I n 2 0 12 , empl oyees volunteered 3,095 hours to provide financial education. This includes teaching more than 6,000 students attending 71 public schools that serve students from low- and moderate-income families. Waiakamilo Branch Manager Bill Shiroma meets with Tiffany Tuilata, one of the young adults who opened a savings account under the Hawaii Youth Opportunity Initiative. A R E A S Youth Savings Accounts Bank of Hawaii has opened nearly 240 youth savings accounts for foster youth who are transitioning out of the state’s foster care system to adulthood. The Hawaii Youth Opportunity Initiative, led by EPIC ‘Ohana, Inc., features savings accounts with built-in matching incentives to promote savings, financial goal setting and, in some cases, college access. The savings accounts are paired with financial education. Volunteer Income Tax Assistance We also provide volunteer income tax assistance for low- and moderateincome families and individuals to help them maximize tax refunds. 10 BOH volunteers prepared 194 free tax returns , $ resulting in 133,874 in refunds. “Smart Money” Seminars Since 2009, we have offered the “Smart Money” series of free financial education seminars that provide the public with information to better manage their finances. Taught by trained employees, the sessions are held at BOH branches, schools and community organizations in Hawaii, Guam, American Samoa and Saipan. We customize the seminars for audiences, including first-time home buyers, people interested in home renovation, and multilingual groups. In addition, we partner with nonprofits to make financial education available to their clients. 8 F O C U S A R E A S Housing # In number of loans made in the state of Hawaii 1 # In total dollars by a local bank for residential loans 1 Hawaii is the most expensive state in the nation for renters. 41% of households in Hawaii rent. Nearly half are severely cost burdened. In Hawaii, the average wage of renters is $13.56 an hour, with the minimum wage at $7.25. To afford the fair-market price of a 2-bedroom apartment at $1,671 a month, a minimum wage earner will need to work 177 hours per week for 52 weeks a year, or be part of a household consisting of 4.4 minimum wage earners working year-round for 40 hours per week.2 For the second consecutive year, Bank of Hawaii is the #1 local residential lender in Hawaii. We originated nearly $1.5 billion in residential loans, helping 5,834 individuals and families in 2012. Sources: 1 Title Guaranty, derived from Hawaii Bureau of Conveyances tax data for 2012. 2 National Low Income Housing Coalition, Housing Out of Reach 2013: Hawaii, http://nlihc.org/orr/2013.HI. 9 F O C U S A R E A S Here are two good examples of public-private partnerships: Imi Ikena Apartments, Wailuku, Maui will be a four-story, 28-unit rental project for working families earning 30 to 50 percent of the area median income. Developer Imi Ikena Housing Partners LLC used a combination of public and private financing sources, including lowincome housing tax credits from the Hawaii Housing Finance & Development Corporation and affordable housing funds from the County of Maui. Bank of Hawaii provided a $7.7 million construction loan, and will provide the permanent loan of $510,000 upon completion. Construction started in 2012, and completion is scheduled for late 2013. Rendering of Imi Ikena Apartments by Visual Graphic Design LLC, Neil Ponsky Images courtesy of EAH Housing Bank of Hawaii remains committed to public-private partnerships as the most effective means of increasing the supply of affordable housing, particularly rental housing for working families and seniors. In 2012, Bank of Hawaii helped to develop 976 affordable rental and for-sale housing units by providing construction, bridge and permanent financing, and investing in low-income housing tax credits. Hale Wai Vista Phase II, Waianae, Oahu provides 132 rental apartments for families earning at or below 60 percent of the area median income. Developer Hawaii Housing Development Corporation used a combination of public and private financing sources. Bank of Hawaii provided a portion of the financing through an $8.5 million bridge loan, a commitment to invest $2.3 million in low-income housing tax credit equity, and a permanent loan of $1 million upon stabilization in 2012. 10 F O C U S A R E A S Caring for Kupuna Bank of Hawaii invests time and resources to assist Hawaii’s seniors, who may face increasing healthcare needs and diminishing income. Bank of Hawaii supports the United Way organizations across the state and their partner agencies in meeting the needs of Hawaii’s seniors. In addition, BOH conducts “Smart Money” seminars on topics for seniors, including sessions on how to avoid fraud, estate planning and long-term care insurance. ■ Hawaii Meals on Wheels volunteer Faye Miyamasu makes a delivery to a Hawaii Kai meal recipient. Photo courtesy of Hawaii Meals on Wheels The bank’s employees donate personal time and monies to help the senior community. As part of the Employee Giving Campaign, employees raised $46,917 for Hawaii Meals on Wheels, helping to increase the number of hot meals delivered to homebound individuals to more than 82,000 in 2012. 62% of Hawaii’s elderly have low or very low income, living in Hawaii on a fixed annual income of $6,000 to $10,000 or less.1 ■ The fastest growing homeless population in Hawaii is seniors. ■ In 2010, 75% of U.S. workers between the ages of 50 and 64 had annual incomes below $52,201, with an average total retirement balance of $26,395.2 Sources: 1 The Henry J. Kaiser Family Foundation, Hawaii: Categories & Indicators, http://kff.org/statedata/?state=HI. 2 Schwartz Center for Economic Policy Analysis, Retirement Account Balances by Income, 2010 data, http://www.economicpolicyresearch.org/guaranteeingretirement-income/528-retirement-account-balances-by-income-even-thehighest-earners-dont-have-enough.html. In 2012, Bank of Hawaii donated the historic Kohala branch building on Hawaii Island to the County’s Department of Parks and Recreation Office of Aging for senior citizens programs. 11 F O C U S A R E A S Keiki Are Our Priority Participants in the After-School All-Stars Hawaii program. Photo Courtesy of After-School All-Stars Hawaii At Bank of Hawaii, we believe that all children deserve the opportunity to succeed. Our community partnerships supporting in-school and extracurricular education programs are an investment in a brighter future. “[E]arly childhood programs are a good investment, with inflation-adjusted annual rates of return estimated to reach 10 percent or higher. Very few alternative investments can promise that kind of return.” —Federal Reserve Bank Chairman Ben Bernanke Preparing Children for School Success ■ Good Beginnings Alliance “Be My Voice! Hawaii” campaign. To raise awareness of the importance of early education and to ensure that every 4-year-old has access to preschool education. ■ State of Hawaii Dept. of Education and Hawaii High School Athletics Association. After-school sports for middle school youth in Nanakuli, Waianae, Kau, Kea‘au and Pahoa. - . The nation’s first statewide student news PBS Hawaii HIKI NO ■ network, with 80 participating schools. From left: PBS Hawaii Executive Producer Learning Initiatives Robert Pennybacker, PBS Hawaii President and CEO Leslie Wilcox, Maui Waena Intermediate students - video about body Kaycee Arase and Renee Matsuda, who created the HIKI NO image, and Bank of Hawaii Maui Regional Manager Kevin Baptist. 12 F O C U S A R E A S Arts and Culture Bank of Hawaii is committed to education and access to the arts, especially for students attending Hawaii public schools who come from low- to moderate-income households. ■ Bank of Hawaii Family Sundays at the Honolulu Museum of Art, a free once-a-month program of art activities, entertainment and film. ■ Hawaii Book & Music Festival, a free weekend celebration of story and song that honors culture and promotes reading among people of all ages. ■ Bank of Hawaii OHANA! Series at Hawaii Theatre Center, an education program that makes great classics available to public schools. From left: Tia Lewis (daughter of employee Paula Lewis), and employees Christine Tamura and Walter Villalba prepare the Bank of Hawaii Book Swap, seeded with more than 4,000 books donated by employees. Nearly 20,000 people attended Bank of Hawaii Family Sundays at the Honolulu Museum of Art in 2012. More than 35,000 people attended the 2012 Hawaii Book & Music Festival presented by Bank of Hawaii. There were 244 individual presenters and 10 hula halau. Nearly 15,000 students attended matinee productions of the Bank of Hawaii OHANA! Series during the 2012-13 school year. This included nearly 6,000 students from Title I public schools. 13 B A N K O F H A W A I I E M P L O Y E E Bank of Hawaii Employee Volunteer Program < Employees (from left) Makana Rosales, Kehau Lee, Priscilla Myrick, Terri Morgan and Ashley Ordenstein volunteered to help A-ina In Schools, a farm-to-school initiative that teaches kids to grow food in school gardens. We are very proud of the culture of giving back that exists at Bank of Hawaii. Whether it’s cleaning up a beach or school garden, renovating low-income housing units or painting a school, our employees are always ready to lend a helping hand. Our employees volunteer thousands of hours of their time each year through company-sponsored events to help meet community needs. We established the Employee Volunteer Program in 2006 to connect employees with volunteer opportunities that are aligned with their interests and abilities. A rotating steering committee, comprised of employees from across the bank, receives requests from nonprofit organizations for community service projects and events, and meets regularly to discuss and determine participation. V O L U N T E E R I S M 79 12,191 community service projects or events in 2012. volunteer hours Community Service Day: Xiaopei Fan and Vince Barfield take rollers to one of Radford’s walls. > < Nearly 200 volunteers from Bank of Hawaii and the NCO Academy Hawaii rolled up their sleeves to spruce up Radford High School and Makalapa Elementary. Front row (from left): Makalapa Elementary Vice Principal Regina Arakaki; Radford High School Principal Elias Ali; Congresswomen Colleen Hanabusa and Mazie Hirono; U.S. Senator Daniel K. Inouye; Bank of Hawaii CEO Peter Ho; Rear Admiral Denny Wetherald, deputy chief of staff for plans, policies and requirements, U.S. Pacific Fleet; Captain Jeffrey James, commander Joint Base Pearl Harbor-Hickam; and Colonel Dann Carlson, commander of 647th Air Base Group and deputy commander Joint Base Pearl Harbor-Hickam. < U.S. Senator Daniel K. Inouye and Bank of Hawaii CEO Peter Ho. 14 B A N K O F H A W A I I E M P L O Y E E V O L U N T E E R I S M Bank of Hawaii Employee Giving Campaign Employees and retirees raised a record $ 570,913 to support 24 nonprofits of their choice as part of the Bank of Hawaii 2012 Employee Giving Campaign. OF HAWAII From left, Keane Santos, Paul Hoe, Janna Sye, Tierney Morikawa, Sheryl Miura and Nina Horioka sell T-shirts during the 2012 Bank of Hawaii Employee Giving Campaign. 15 B A N K Nearly 2,000 employees and family members united at the Honolulu Zoo in a strong show of support for the Honolulu Zoo Society, Ronald McDonald House Charities of Hawaii and Variety School of Hawaii. This was our largest turnout ever for a community service event. Since the inception of the Bank of Hawaii Community Walk in 2007 and the Bank of Hawaii Employee Giving Campaign in 2010, employees and retirees have raised more than $ 2.4 million f o r t h e c o m m u n i t y. O F H A W A I I E M P L O Y E E V O L U N T E E R I S M Bank of Hawaii Community Walk For the sixth annual Bank of Hawaii Community Walk in 2012, employees raised a record $136,500. In addition, employees in Maui County and on Kauai, Hawaii Island, Guam, Saipan and American Samoa raised money to support the community. Bank of Hawaii is proud to partner with nonprofit organizations dedicated to serving the public. Bank of Hawaii, together with employees, retirees and Bank of Hawaii Foundation, support the work of community partners by donating time and expertise, as well as making financial and in-kind contributions. 16 O U R C O M M U N I T Y P A R T N E R S Arts & Culture Aloha Festivals, State of Hawaii Ballet Hawaii, Oahu Bishop Museum, Oahu Daughters of Hawaii, Oahu and Hawaii Island Diamond Head Theatre, Oahu Downtown Athletic Club Hawaii, Oahu East-West Center Foundation, Oahu Filipino Community Center, Inc., Oahu Flaming Sword of Samoa Association, American Samoa Friends of Iolani Palace, Oahu Guam Museum Foundation Inc. Hana Cultural Center, Maui Hawaii Arts Center for Youth, Oahu Hawaii Book & Music Festival, Oahu Hawaii Children’s Theatre, Kauai Hawaii Opera Theatre, Oahu Hawaii State Junior Golf Association, State of Hawaii Hawaii Theatre Center, Oahu Hawaii Youth Symphony Association, Oahu Historic Hawaii Foundation, Oahu Honolulu Festival Foundation, Oahu Honolulu Gay and Lesbian Cultural Foundation, Oahu Honolulu Museum of Art, Oahu Honolulu Theatre for Youth, State of Hawaii Honolulu Zoological Society, Oahu Hui No‘eau Visual Arts Center, Maui Kauai Coconut Festival Kauai Philippine Cultural Center Kona Historical Society, Hawaii Island Lahaina Restoration Foundation, Maui Lanai Culture & Heritage Center, Maui Ma-noa Heritage Center, Oahu Ma-noa Valley Theatre, Oahu Maui Academy of Performing Arts Maui Arts and Cultural Center Maui Historical Society Nisei Veterans Center, Maui Pacific Region Baseball, Inc., Oahu Palau Sport Fishing Association Wahiawa Community & Business Association, Oahu World Invitational Hula Festival, Oahu Basic Needs & Safety Net, including Human Services Aloha United Way, Oahu American Red Cross - Guam Chapter American Red Cross - Northern Marianas Islands Chapter, Saipan American Red Cross, Hawaii State Chapter ARC of Hilo, Hawaii Island Assistance Dogs of Hawaii, Maui Blood Bank of Hawaii, Oahu Carole Kai Charities, State of Hawaii Cathedral of Saint Andrew, Oahu Catholic Charities Hawaii, State of Hawaii Catholic Charities of the Diocese of Agana dba Catholic Social Services, Guam Child & Family Service, State of Hawaii Children’s Alliance of Hawaii, Oahu and Kauai Consumer Credit Counseling Service of Hawaii, State of Hawaii Crime Stoppers Hilo, Hawaii Island Crime Stoppers Honolulu, Inc., Oahu Daniel Sayre Foundation, Hawaii Island Domestic Violence Action Center, Oahu Easter Seals Hawaii, State of Hawaii EPIC ‘Ohana, Inc., State of Hawaii Episcopal Church in Hawaii, Oahu Family Programs Hawaii, Oahu Family Support Services of West Hawaii, Hawaii Island Feed My Sheep, Inc., Maui Food Basket, Inc., Hawaii Island Friendly Isle United Fund, Molokai Full Life Hawaii, Hawaii Island GIFT Foundation of Hawaii, Oahu Goodwill Industries of Hawaii, Inc., Oahu Guma’ Mami, Inc., Guam Hale Kau Kau, Inc., Maui Hawaii Foodbank, Inc., Oahu and Kauai Hawaii Island Adult Care, Inc. Hawaii Island Humane Society Hawaii Island United Way, Inc. Hawaii Law Enforcement Memorial Foundation, Oahu Hawaii Meals on Wheels, Inc., Oahu Hawaiian Humane Society, Oahu Helping Hands Hawaii, Oahu Honolulu Community Action Program, Oahu Honolulu Firefighters Foundation, Oahu Hope House, American Samoa Hospice Hawai‘i, Oahu and Molokai Hospice Maui, Inc. Hospice of Hilo, Inc., Hawaii Island HUGS (Help, Understanding and Group Support), Oahu Institute for Human Services, Oahu J. Walter Cameron Center, Maui Joyful Hearts Foundation, State of Hawaii Kamalen Karidat, Guam Karidat Social Services, Saipan Kauai Hospice Kauai United Way Kokua Christian Ministries, Hawaii Island March of Dimes Foundation, Oahu and Kauai Maui Economic Opportunity, Inc. Maui Family Support Service, Inc. Maui Family YMCA Maui Farm, Inc. Maui United Way Maui Youth and Family Services, Inc. Mediation Center of the Pacific, Inc., State of Hawaii Micronesian Youth Services Network (MYSN), Guam and Saipan Moiliili Community Center, Oahu Molokai Community Service Council Inc. O Ka‘u Kakou, Hawaii Island Pacific American Foundation, Oahu Palolo Chinese Home, Oahu Parents & Children Together (PACT), State of Hawaii People Attentive to Children in Hawaii (PATCH), Oahu Prevent Child Abuse Hawaii, State of Hawaii Project Dana, State of Hawaii Rainbows For All Children, Guam Ronald McDonald House Charities of Hawaii, Inc., Oahu Salvation Army, Lihue and Hanapepe Corps, Kauai Salvation Army, Saipan Salvation Army Hawaiian & Pacific Islands Division Sanctuary Incorporated, Guam Shane Victorino Foundation, State of Hawaii Smile Train, Inc., Oahu Special Education Center of Hawaii (SECOH), Oahu Special Olympics Hawaii, Inc., State of Hawaii Sugar Plum Tree, Guam Tanioka’s Charity Foundation, Oahu Waikiki Community Center, Inc., Oahu Waipahu Community Coalition, Oahu WEBCO Foundation, Oahu Women’s Community Action Program, American Samoa Young Men’s Christian Association (YMCA) of Honolulu (Kaimuki-Waialae Branch, Kalihi Branch, Metropolitan Office, Nuuanu Branch, Windward Branch), Oahu Young Women’s Christian Association (YWCA), Oahu and Hawaii Island Economic Development, Professional and Trade Organizations American Banking Association American Judicature Society Hawaii Chapter, Oahu American Marketing Association, Oahu American Samoa Small Business Development Center American Samoa Visitors Bureau Association of Military Banks of America Better Business Bureau of Hawaii, Inc., State of Hawaii Big Island Resource & Conservation Development, Inc., Hawaii Island Business & Professional Women of Pago Pago American Samoa Certified Commercial Investment Member (CCIM), Oahu Chambers of Commerce American Samoa Chamber of Commerce Chamber of Commerce of Hawaii, State of Hawaii Chinese Chamber of Commerce Foundation, Oahu Chinese Chamber of Commerce Guam Filipino Chamber of Commerce of Hawaii, State of Hawaii Guam Chamber of Commerce Guam Young Professionals Hawaii Chamber of Commerce of Northern California Hawaii Island Chamber of Commerce Honolulu Chinese Junior Chamber of Commerce Foundation, Oahu Honolulu Japanese Chamber of Commerce, Oahu Honolulu Japanese Junior Chamber of Commerce, Oahu Japanese Chamber of Commerce & Industry of Hawaii, Hawaii Island Kauai Chamber of Commerce Kauai Filipino Chamber of Commerce Maui Filipino Chamber of Commerce Kona-Kohala Chamber of Commerce, Hawaii Island Maui Chamber of Commerce Maui Native Hawaiian Chamber of Commerce Native Hawaiian Chamber of Commerce, Oahu Palau Chamber of Commerce Portuguese Chamber of Commerce, Hawaii Island Saipan Chamber of Commerce Vietnamese-American Chamber of Commerce of Hawaii, Oahu Chartered Financial Analyst (CFA) Hawaii Society, Oahu Chinese Civic Association of Hawaii, Hawaii Island Community Economic Development Strategy (CEDS), American Samoa Contingency Planners of the Pacific, Oahu Council for Native Hawaiian Advancement, State of Hawaii Crescent City Lions Club, Hawaii Island Economic Development Alliance of Hawaii, Hawaii Island Entrepreneurs Foundation of Hawaii, Oahu Family Business Center of Hawaii, Maui Chapter Guam Association of Realtors Guam Automobile Dealers Association Guam Bankers Association Guam Chinese Association Guam Contractors Association Guam Hotel & Restaurant Association Guam Shriners Guam Visitor Industry Association Guam Women’s Club Hawaii Association of Financial Institution Security Officers, Oahu Hawaii Automobile Dealers Association, State of Hawaii Hawaii Bankers Association, Oahu Hawaii Business Roundtable, Oahu Hawaii Captive Insurance Council, Oahu Hawaii Community Foundation, State of Hawaii Hawaii Developers’ Council, Oahu Hawaii Employers Council, Oahu Hawaii FIRST for Continuity, Oahu Hawaii Hotel Industry Foundation, Oahu Hawaii Institute for Public Affairs (HIPA), State of Hawaii Hawaii Island Board of Realtors, Hawaii Island Hawaii Island Contractors Association, Hawaii Island Hawaii Island Economic Development Board, Inc., Hawaii Island Hawaii Lions Foundation, Oahu and Hawaii Island Hawaii Lodging & Tourism Association, Oahu, Hawaii Island and Kauai Hawaii Pediatric Association Research & Education Committee, Oahu Hawaii Society of Business Professionals, Oahu Hawaii State Bar Association, State of Hawaii Hawaii Tax Institute, State of Hawaii Hawaii Union Builders Foundation, Oahu Hawaii Visitors Bureau, State of Hawaii Hawaii Women’s Legal Foundation, Oahu Hilo Jaycees, Hawaii Island Honolulu Executives Association, Oahu Hotel Association Northern Mariana Islands (HANMI), Saipan Institute of Internal Auditors, Oahu International Association of Business Communicators, Oahu Japan Club of Guam Japan-America Society of Hawaii, Oahu Japanese Community Association of Hawaii, Hawaii Island Junior League of Honolulu, Oahu Kakaako Improvement Association, Oahu Kaneohe Business Group, Oahu Kanoelehua Industrial Area Association, Hawaii Island Kauai Board of Realtors Kauai County Farm Bureau Kauai Economic Development Board Kiwanis Club, Oahu and Maui Kona Japanese Civic Association, Hawaii Island Kona Lions Club, Hawaii Island Korean Association of Guam Kula AG Park Commission, Maui Lahaina Rotary Club, Maui Leadership Kauai Lei Ho‘olaha, CDFI, Hawaii Island Lokahi Pacific, Maui Marianas Tourism Education Council, Saipan Marianas Visitors Authority, Saipan Maui Commercial Roundtable Maui Economic Development Board Maui Hotel & Lodging Association Maui Visitors Bureau Mortgage Bankers Association of Hawaii, Oahu National Association of Industrial and Office Properties (NAIOP) Hawaii, Oahu North Kohala Merchants Association, Hawaii Island Pacific and Asian Affairs Council (PAAC), State of Hawaii Pacific Association of Real Estate Appraisers, Oahu and Guam Palau Bankers Association Retail Merchants of Hawaii, State of Hawaii Rotary Clubs Rotary Club Guam Rotary Club Guam Sunrise Rotary Club Hilo Bay, Hawaii Island Rotary Club Honolulu, Oahu Rotary Club Kahului, Maui Rotary Club Kapa’a, Kauai Rotary Club Kona, Hawaii Island Rotary Club Pago Pago, American Samoa Rotary Club Palau Rotary Club Tumon Bay, Guam Rotary Club Windward Sunrise, Oahu Sales & Marketing Executives International, Oahu Society of Professional Journalists, Hawaii Chapter, Oahu Sons and Daughters of AJA Veterans, Hawaii Island Soroptimist International, Oahu Soroptimist International of the Marianas (SIM), Guam Tax Foundation of Hawaii, Oahu Tourism Education Council (TEC), Guam United Chinese of Hawaii, Oahu Waikiki Improvement Association, Oahu West Kauai Business & Professional Association Education Academy of the Pacific, Oahu After-School All-Stars Hawaii, Oahu Agana Heights Elementary, Guam Agueda Johnston Middle School, Guam American Samoa Community College Assets School, Oahu Astumbo Middle School, Guam Benavente Middle School, Guam Big Brothers Big Sisters of Guam Big Brothers Big Sisters of Honolulu, Oahu Big Brothers Big Sisters of Kauai Big Brothers Big Sisters of Maui Boy Scouts of America, Aloha Council, Oahu, Saipan and American Samoa Boy Scouts of America, Guam Boy Scouts of America, Kauai Chapter Boy Scouts of America, Maui County Council Boys & Girls Club of Big Island, Hawaii Island Boys & Girls Club of Hawaii, Oahu and Kauai Boys & Girls Club of American Samoa Brigham Young University Hawaii, Oahu Carden Academy, Maui Central Union Church Preschool & Kindergarten, Oahu Chaminade University of Honolulu, Oahu Christian Academy, Oahu D.L. Perez Elementary School, Guam Friends of the Library of Hawaii, Oahu Friends of Maui Waena, Maui Garapan Elementary School, Saipan Girl Scouts of Hawaii, Oahu and Hawaii Island Global Technology High School, Maui Good Beginnings Alliance, Oahu Guam Community College Guam Contractors Association Trades Academy, Inc. Guam Girl Scouts Hanahau‘oli School, Oahu Hawaii Academy of Science, State of Hawaii Hawaii Council for Humanities, Oahu Hawaii Island Growing Our Own Teachers Hawaii Jump$tart Coalition for Personal Financial Literacy, Oahu Hawaii Literacy, Inc., Oahu Hawaii P-20 Partnership for Education, State of Hawaii Hawaii Pacific University, Oahu Hawaii Preparatory Academy, Hawaii Island Hawaii Public Radio, Oahu Hawaiian Mission Children’s Society, Oahu Hiipaka LLC, Oahu Inarajan Elementary School, Guam ‘Iolani School, Oahu Island Pacific Academy, Oahu Island School, Kauai JP Torres Alternative School, Guam Jose L.G. Rios Middle School, Guam Junior Achievement of Guam Junior Achievement of Hawaii, Oahu, Hawaii Island and Maui Kagman High School, Saipan Kama‘aina Kids, Oahu Kanu o ka ‘A-ina Learning ‘Ohana (KALO), Hawaii Island Kauai Christian Academy KCAA Preschools, Oahu Ke Alii Pauahi Foundation, Oahu Kihei Youth Center, Maui Kokua Hawaii Foundation, Oahu Kualoa-Heeia Ecumencial Youth Project, Oahu La Pietra Hawaii School for Girls, Oahu Lahainaluna High School Foundation, Maui Le Jardin Academy Inc., Oahu Ma-lama Manoa, Oahu Marianas High School, Saipan Maryknoll School, Oahu Maui High School Maui Preparatory Academy Mid-Pacific Institute, Oahu North Kohala Community Resource Center, Hawaii Island Oahu Interscholastic Association Athletic Foundation Ohana Komputers, Oahu Okkodo High School, Guam Oleai Elementary, Saipan ‘O-lelo Community Media, Oahu Pacific Buddhist Academy, Oahu Pacific Horizons School, American Samoa Pacific Island Center for Educational Development, American Samoa Pacific Links Hawaii, Oahu Palau Community College Palau High School PBS Hawaii, State of Hawaii Captain Henry B. Price Elementary School, Guam Public Schools of Hawaii Foundation, Oahu Punahou School, Oahu Sacred Hearts Academy, Oahu Saint Louis School, Oahu Samoa Bowl, American Samoa Samoan High School, American Samoa San Vicente School, Saipan South Pacific Academy, American Samoa South Pacific International Christian Center, American Samoa St. Andrew’s Priory School, Oahu St. Clement’s School, Oahu State of Hawaii, Dept. of Education Public and Charter Schools Aiea Elementary School, Oahu Aiea High School, Oahu Aiea Intermediate School, Oahu Aikahi Elementary School, Oahu Ala Wai Elementary School, Oahu Alvah A. Scott Elementary School, Oahu Arthur W. Radford High School, Oahu Blanche Pope Elementary School, Oahu Central Intermediate School, Oahu Chiefess Kapi‘olani Elementary School, Hawaii Island Hale Kula Elementary School, Oahu Hilo Elementary School, Hawaii Island Hilo High School, Hawaii Island Hilo Union Elementary School, Hawaii Island Honoka‘a High & Intermediate School, Hawaii Island Honowai Elementary School, Oahu James Campbell High School, Oahu Jarret Intermediate School, Oahu Ka‘ala Elementary School, Oahu Kahuku High & Intermediate School, Oahu Kahului Elementary School, Maui Kailua High School, Oahu Kalakaua Middle School, Oahu Kalihi Elementary School, Oahu Kalihi Uka Elementary School, Oahu Kalihi Waena Elementary School, Oahu Kamaile Academy, Oahu Kamehameha III Elementary School, Maui Kapa‘a High School, Kauai Ka‘u High School, Hawaii Island Ka Waihona a ka Na‘auao, Oahu Kea‘au High School, Hawaii Island Kea‘au Intermediate School, Hawaii Island Kealakehe High School, Hawaii Island Keonepoko Elementary School, Hawaii Island Kihei Elementary School, Maui Kohala High & Intermediate School, Hawaii Island Konawaena High School, Hawaii Island Kua O Ka La Charter School, Hawaii Island La‘ie Elementary School, Oahu Lanai Elementary School Lihikai Elementary School, Maui Lahainaluna High School, Maui Laupa-hoehoe High & Elementary School, Hawaii Island Makalapa Elementary School, Oahu Maui High School Maunawili Elementary School, Oahu Molokai High School Nanakuli High & Intermediate School, Oahu Pahala High School, Hawaii Island Pahoa High & Intermediate School, Hawaii Island Palolo Elementary School, Oahu Pearl City Elementary School, Oahu Pomaikai Elementary School, Maui Prince David Kawananakoa Middle School, Oahu Prince Jonah Kuhio Elementary School, Oahu Princess Victoria Kai‘ulani Elementary School, Oahu Puuhale Elementary School, Oahu Queen Ka‘ahumanu Elementary School, Oahu Royal Elementary School, Oahu Sunset Beach Elementary School, Oahu Thomas Jefferson Elementary School, Oahu Waiakea High School, Hawaii Island Waialae Elementary Charter School, Hawaii Island Waialua High & Intermediate School, Oahu Wai‘anae High School, Oahu Waikiki Elementary School, Oahu Waimea High School, Hawaii Island Waipahu High School, Oahu Wallace Rider Farrington High School, Oahu William McKinley High School, Oahu Teach for America – Hawaii, Oahu Temple Emanu-El, Oahu University of Guam University of Guam Endowment Foundation University of Hawaii System University of Hawaii at Hilo, Hawaii Island University of Hawaii at Manoa, Oahu University of Hawaii Maui College University of Hawaii West Oahu University of Hawaii - Hawaii Community College, Hawaii Island University of Hawaii - Honolulu Community College, Oahu University of Hawaii - Kapiolani Community College, Oahu University of Hawaii - Kauai Community College University of Hawaii - Leeward Community College, Oahu University of Hawaii - Windward Community College, Oahu University of Hawaii ‘Ahahui Koa A-nuenue, Oahu University of Hawaii Alumni Association, Oahu University of Hawaii at Hilo Alumni Association, Hawaii Island University of Hawaii Foundation, Oahu University of Hawaii Na Koa Football Club, Oahu Variety School of Hawaii, Oahu Waikiki Yacht Club Education Foundation, Oahu West Kauai Lions Club Wettengel Elementary School, Guam Environment/Conservation/Sustainability Hawaii Nature Center, Oahu Kohala Center, Inc., Hawaii Island Lyon Arboretum Association, Oahu Ma-lama Maunalua, Oahu Nature Conservancy of Hawaii, State of Hawaii Government Boards & Commissions County of Hawaii Water Board, Hawaii Island Employees’ Retirement System of the State of Hawaii (ERS) Guam Banking & Insurance Board Small Business Administration Advisory Board, State of Hawaii State Small Business Credit Initiative (SSBCI), American Samoa Health A Keiki’s Dream, Maui Alzheimer’s Association Inc., Aloha Chapter, State of Hawaii American Cancer Society Guam American Cancer Society Hawaii Pacific, Inc., State of Hawaii American Diabetes Association, State of Hawaii American Heart Association, Inc., Oahu and Hawaii Island Bay Clinic, Inc., Hawaii Island Guam Memorial Hospital Volunteers Association Hale Makua, Maui Hana Health, Maui Hawaii Health Information Corporation, State of Hawaii Hawaii Island Aids Foundation Hawaii Meth Project, Inc., State of Hawaii Hawaii Pacific Health, Kapiolani Medical Center for Women & Children, Straub Medical Center, Wilcox Health, Wilcox Hospital Foundation, State of Hawaii Juvenile Diabetes Research Foundation, Oahu Ka‘u Hospital, Hawaii Island Kuakini Health System, Kuakini Medical Center, Kuakini Foundation, Oahu Lanai Community Health Center Make-A-Wish Hawaii, Oahu Maui Memorial Medical Center, Maui Memorial Medical Center Foundation Mental Health Association in Hawaii, Oahu Pacific Cancer Foundation, Maui Queen’s Health Systems, Queen’s Medical Center, Oahu St. Francis Community Health Services, Oahu St. Francis Healthcare Foundation of Hawaii, Oahu Susan G. Komen Hawaii, State of Hawaii UCERA (University of Hawaii Clinical, Education & Research Associates), Oahu United Cerebral Palsy Association, State of Hawaii University of Hawaii Cancer Center, Oahu University of Hawaii John A. Burns School of Medicine, Oahu West Hawaii Community Health Center, Hawaii Island Housing Catholic Diocese of Honolulu / Office of Social Ministries, State of Hawaii Family Promise of Hawaii, Oahu Habitat for Humanity of Guam Habitat for Humanity International, Oahu Habitat for Humanity Maui Habitat for Humanity West Hawaii, Inc., Hawaii Island Hale Aloha O Hilo Habitat for Humanity, Hawaii Island Hale Kipa, Inc., Oahu Hale Mahaolu, Inc., Maui Hawaii Community Reinvestment Corporation, Oahu Hawaii HomeOwnership Center, Oahu Honolulu Habitat for Humanity, Oahu Housing Hawaii, Oahu Housing Solutions, Inc., Oahu Pacific Housing Assistance Corporation, State of Hawaii Self-Help Housing Corporation of Hawaii, State of Hawaii Urban Land Institute (ULI) Hawaii, State of Hawaii Military Andersen Air Force Base Civilian Advisory Council, Guam Center for American Values, Oahu Coast Guard Foundation, State of Hawaii Fleet and Family Services, Oahu Military Affairs Council, Oahu Navy League of the United States, Oahu Navy League of the United States - Guam Council Navy Seal Foundation, Oahu Pacific Aviation Museum Pearl Harbor, Oahu U.S.S. Missouri Memorial Association, Oahu USO (United Services Organizations), State of Hawaii and Guam USO (United Services Organizations) Advisory Council, Guam Bank of Hawaii became the first chartered and incorporated bank to do business in the Republic of Hawaii in 1897, less than one year before Hawaii became a U.S. Territory. The bank operated its first office in a twostory wooden building in downtown Honolulu and, in 1903, expanded to its first branch in Lihue, Kauai. Today, Bank of Hawaii is the largest independent financial institution in Hawaii, serving businesses, consumers and governments in Hawaii, Guam, Saipan and American Samoa. We offer the convenience of mobile and online banking along with the most extensive branch and ATM network of any bank in Hawaii.