Bank of Hawaii, often called as Bankoh, it was founded 123 years ago before Hawaii became a state. Bankoh was opened in 1897 and had the aim to supply necessary banking services to its community, which worked in plantations and grew the pineapples. Therefore Bankoh cannot develop if the community demands and pineapple industry are not increased, as well. At that time, in the early years of the 20th century, politicians started to think about territory development and how to do it effectively. Firstly they decided to support pineapple growing and sugar production as well. Respectively the Bankoh started to grow too. The migration of immigrants and new ventures were increased to, as attracted by the fast grow pineapple and sugar industry.
All efforts to attract American immigrants were failed, but the Hawaiian population took active actions because the number of immigrants from Japan started to grow, and then Filipino, Korean, Puerto Rican, Spanish, and Portuguese settlers came as well. In the period from 1900 to 1940, the population of the territory increased significantly, from 154,001 to 422,770 people. It served the growth of Bankoh’s potential clients, providing a fertile economic climate that allowed Banco to establish itself as the largest bank in the territory of Hawaii in the period from the 20th century to the 21st century.
The main reason of Bankoh development was the rapid growth of Hawaii’s population, but the territory’s social structure was not as effective to the bank’s growth as it could have been. The Hawaiian Big Five has only the power, while the plantation society existed not having the middle class. The small business didn’t develop, loans and deposits weren’t demanded.
This banking process is usually generated by the middle class, that’s why Bankoh loses a significant amount of business, keeping its development under control. The bank’s business prospects started to grow when Hawaiian society began to lose its feudal roots and adopt a democratic way of development, this evolution was supported by an organized labor movement that began to develop in the 1930s, a more diverse manufacturing sector, the growing influence of the Democratic Party in the 1940s and the 1950s, and the rapid growth of tourism.
Visitors to Hawaii grew exponentially in the 1950s, spawning an industry that became Hawaii’s most important source of income and no longer depended on a single-industry economy.
Nowadays it is the biggest bank in Hawaii with assets of $18billion. It has 63 branches over Hawaiian islands.
The Bank of Hawaii Waiakamilo Branch was established 50 years ago, in 1970.
The Bank of Hawaii Waiakamilo Branch Address
1617 Dillingham Boulevard
Honolulu, Hawaii 96817
The Bank of Hawaii Waiakamilo Branch Contacts and Website
+1 808 832-4050
The Bank of Hawaii Waiakamilo Branch Services
This branch provides the following services:
- Wealth management
Personal and Business services include: checking and savings accounts, special packages, loans & lines, mortgages, credit and debit cards, online & mobile banking, iras, additional services.
Corporate and Commercial services include checking and savings accounts, cash management, loans & leasing, international trade services, business needs, additional services.
Wealth management includes investment products, Bankoh advisors, estate and financial planning, private banking, investment management, personal trust, bank investment services, inc.
The Bank of Hawaii Waiakamilo Branch Operating Hours
Bank of Hawaii hours of weekdays are below. Bank Of Hawaii Saturday hours aren’t available. This branch doesn’t work at weekends.
|08:30 am.- 04:00 pm.||08:30 am.- 04:00 pm.||08:30 am.- 04:00 pm.||08:30 am.- 04:00 pm.||08:30 am.- 06:00 pm.|
The Bank of Hawaii Waiakamilo Branch Map Code
84GC + H6 Honolulu, Hawaii, United States