Summary
Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit. The company's lending activities comprise commercial loans, financial and agricultural loans, commercial and residential mortgages, and construction loans to small and medium-sized companies, business professionals, and real estate investors and developers, as well as home equity, and consumer loans to local homebuyers and individuals. It also provides debit cards, internet and mobile banking, cash management, full-service ATMs, digital banking services, traveler's checks, safe deposit boxes, international banking services, night depository facilities, foreign exchange and wire transfers, trust services, and retail brokerage services. In addition, the company offers wealth management products and services, including non-deposit investment products, annuities, insurance, investment management, asset custody, and general consultation and planning services. As of December 31, 2021, it operated 30 branches and 69 automated teller machines in the state of Hawaii. The company was incorporated in 1954 and is headquartered in Honolulu, Hawaii.
History
Central Pacific Financial Corp was established in 1954 as Pacific Resources, Inc. It changed its name to Central Pacific Financial Corp in 1994 and is headquartered in Honolulu, Hawaii. It is a bank holding company with total assets of approximately $6.2 billion.
Mission
Our mission is to be the premier financial services provider in the markets we serve. We are committed to providing our customers with world-class service and innovative products and services.
Vision
Our vision is to be the trusted financial partner and advisor to those we serve, providing superior service, knowledge and value for life.
Key Team
Mr. David S. Morimoto (Sr. Exec. VP, Treasurer & CFO)
Mr. Lee Yasuo Moriwaki (Exec. VP & Chief Information Officer)
Mr. Glenn K. C. Ching (Exec. VP, Corp. Sec., Chief Legal Officer & Risk Mgt. Division Mang.)
Mr. David H. Hudson (Exec. VP of Retail Markets & Community Banking Division Mang.)
Ms. Patricia L. Foley (Exec. VP of HR & Division Mang.)
Mr. Ian Tanaka (Sr. VP & Treasurer)
Mr. Denis K. Isono (Exec. VP of Corp. Services)
Recognition and Awards
Central Pacific Bank has received numerous awards, including Bank of the Year from the Pacific Business News in 2007, Bank of the Year from Hawaii Bankers Association in 2008, Best Banking Operation in Hawaii from the American Business Awards in 2013.
References
United States 