Top American banks have failed to reach and make an impact on the island of Hawaii. People here mostly earn from businesses related to tourism and they needed banks that understand their needs and the risk of living on an island. For this reason, Hawaiian’s have built their own banks over the years and have managed to run them successfully. Following are the few banks that are popular in Hawaii for various services. There is no particular best bank in Hawaii; all of them have evolved over the years to become customer friendly and competitive.
Hawaii National Bank
This bank is the modern bank of the island, which has been built to support the youngest generation, which is going digital in a big way. This bank offers various types of accounts with a simple process, along with facilities like online banking and mobile banking. This bank understands its responsibility of being a financial institution of an island and hence, provides proper risk cover like Hurricane insurance and earthquake insurance. Other facilities that can be quickly availed at the Hawaii National Bank are credit cards, checking accounts, student loan, retirement plans, personal loans, and much more.
Bank of Hawaii
Bank of Hawaii is among the most loved banks in Hawaii for its prompt services and attention to customer requirement. Hawaiians choose this bank for every financial requirement. This bank is good for personal loans, home loan equity, loans for small business, commercial loans, student loans, savings accounts, community welfare accounts, and much more. The bank is traditional in its views but modern in its ways. Bank of Hawaii allows its customers to use the internet and their phones to pay bills and manage transactions. Therefore, if you are in Hawaii and looking for a trusted bank for some quick services, you can consider Bank of Hawaii.
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American Savings Bank
This bank has helped the residents of Hawaii sort out their finances for almost 90 years now. This bank is very traditional at heart and has built its stature with immense respect for Hawaiian culture. For years, American Savings Bank is one of the oldest banks on the island to provide loans and other banking services. Today, it is one of the most trusted banks in Hawaii and is chosen for almost all kinds of money transaction because of its wonderful rates and policies. If you are a small business owner looking for a loan, American Savings Bank will help you out.
First Hawaiian Bank
As the name suggests, this is one of the first banks of Hawaii. It has been around for almost 160 years and helping the people of Hawaii to manage their wealth. This bank is one of the most trusted banks because of its history and people go to it for all kinds of financial transactions. First Hawaiian Bank provides for some of the best checking account options and it is also good for opening a savings account that will earn good APY.
Hawaii may not have the big brand names in its banking sector, but its banks are brands in their own right and in many ways better than bigger brands because they are local and understand the requirements of their account holders.
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