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Hawaii: Banks’ Economic Impact

Banks support Hawaii’s economy with consumer, business and other loans, and by providing more than 5,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 5,646Employees

  • $692.9 MTotal Annual Compensation & Benefits

  • $122,716Average Total Compensation & Benefits

  • 9Banks Headquartered in State

Source: FDIC branch deposit data (2020), estimates based on ABA 2020/2021 survey data

Lending

Lending

  • $10.5 BNew Home Loans Booked in 2020

  • 22,172Number of New Home Loans in 2020

  • $365,000Median New Home Loan Size in 2020

  • $2.4 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 23,142PPP Loans

  • $25,000Median PPP Loan

  • 260.1 KJobs Supported by PPP

A woman wearing a mask and apron operates an espresso machine

Saving Jobs in Hawaii

A woman wearing a mask and apron operates an espresso machine

Paycheck Protection Program loans delivered much-needed financial relief to businesses in Hawaii during the COVID-19 pandemic. Ninety-eight percent of the 225,000+ jobs saved were a result of PPP government loans facilitated by America’s banks.

More stories on Lending #

Source: Estimates based on ABA 2020/2021 survey data, HMDA, SBA PPP Loans

Customers

Customers

  • 1.1 MCustomers

  • $51 BDeposits

  • 13Banks Operating Branches

  • 263Branches & Offices

  • 0Branches Offering Low Fee Bank On-certified Accounts

Source: Estimates based on ABA 2020/2021 survey data, FDIC branch deposit data, CFE Fund and S&P Global Market Intelligence

Giving Back

Giving Back

  • 16.9 KVolunteer Hours

  • $8.5 MCommunity Donations

Investing in Housing for Communities in Need

American Savings Bank in Hawaii is making a difference in the lives of low-income seniors and families in the community.

Source: Estimates based on ABA 2020/2021 survey data

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