FHB donates $25K for tsunami relief, offers $25K more in matching funds

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Posted on Jan 05 2005
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First Hawaiian Bank announced yesterday donations totaling $25,000 to the American Red Cross and The Salvation Army to assist relief efforts for victims of the South Asia tsunami disaster.

President and CEO Don Horner said First Hawaiian Bank will also donate up to $25,000 more to match, dollar for dollar, the first $25,000 of contributions from the public to either of two special accounts at First Hawaiian Bank:

* The Salvation Army South Asia Disaster Fund, and
* American Red Cross International Response Fund, which will provide immediate relief and long-term support through supplies, technical assistance, and other support to those in need.

Donations to the accounts are tax deductible and can be made at any of the bank’s 61 branches in Hawaii, Guam and Saipan.

“We’re all part of one human family. We at First Hawaiian want our neighbors in Asia and the Pacific to know that we share their suffering in this unimaginable disaster. The public has already been incredibly generous, and we want to encourage individuals and businesses to dig just a little deeper by offering a matching funds program that will double their generosity,” Horner said.

Honolulu-based First Hawaiian Bank (with $10 billion assets) was founded in 1858 and is Hawaii’s oldest and largest bank. It has 56 branches in Hawaii, three on Guam and two on Saipan. It is a subsidiary of BancWest Corp., a Hawaii-based regional bank holding company with assets of $50 billion.

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