BOH announces $400,000 community investment

HONOLULU, Hawaii—Bank of Hawaii announced last week that that it will invest approximately $400,000 to address community needs as part of its yearlong 125th anniversary celebration.

“Taking care of our community is intrinsic to Bank of Hawaii, and we can think of no better way to recognize this milestone anniversary than to invest in the future of the people we are so privileged to serve,” said Peter Ho, chairman, president and CEO at Bank of Hawaii. “As we celebrate and embark on the next 125 years and beyond, we look forward to helping to sustain our island home, both in the state of Hawai‘i and in the West Pacific.”

To preserve the environment and help address climate change, Bank of Hawaii is partnering with Hawaiian Legacy Reforestation Initiative to plant 125 trees per week for one year on the bank’s behalf. Trees provide many benefits, including purifying the air by absorbing pollutant gases that cause global warming. Replenishing forests is necessary to the ecosystem—just one large tree can provide a day’s supply of oxygen for up to four people. In total, the 6,500 trees that this endeavor will produce will be planted by HLRI across the state (on O‘ahu and Hawaii Island). In addition, Bank of Hawaii plans to partner with an organization to invest in a similar program in the West Pacific region.

In an effort to support a wide range of causes, Bank of Hawaii is also inviting its employees to help the community. Each BOH employee will have an opportunity to select a nonprofit of their choice, for Bank of Hawaii Foundation to make a $125 donation. With approximately 2,100 employees, the final donation would amount to more than $260,000 of additional funds for communities across Hawaii and the West Pacific region.

In its milestone year, Bank of Hawaii is honored to celebrate the official language of Hawaii by adding the ‘okina to its logo/name, and will begin to incorporate the change throughout the organization where the logo is used.

Incorporated on Dec. 17, 1897, Bank of Hawaii has been committed to strengthening communities through philanthropic support, hands-on volunteerism, sponsorships, board participation and employee giving.

To learn more about Bank of Hawaii’s history, please visit www.boh.com/125 for a digital timeline of the bank’s accomplishments, milestones and community support, as well as videos featuring our employees and customers. (PR)