Bank of Hawaii’s renovation of its main branch downtown will be unveiled Wednesday after five months of construction.
The face-lift represents the bank’s fourth Branch of Tomorrow and is part of Bankoh’s $100 million-plus renovation project. The renovated branch includes easy-deposit ATMs, Wi-Fi, tablets and digital screens, pairing greater customer convenience with personal interactions.
Bankoh’s flagship branch renovation at 111 King St. contains themes of the Hawaiian voyaging canoe. Some of the features at the branch are a large digital wall, a Welcome Wall with a map of Honolulu, a handcrafted canoe model, bronze relief artwork and a canoe paddle.
The grand-opening event will be from 10:30 a.m. to 1:30 p.m. with product giveaways that include HawaiianMiles bonus miles, gift cards and a chance to win $100,000 at the iHeart jackpot machine.
30-year mortgage rate dips to 2017 low
WASHINGTON >> The benchmark 30-year mortgage rate is at new low for the year, touching its lowest level since last November.
Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages fell to 3.86 percent from 3.89 percent last week. It was the fourth straight weekly decline for the key rate, bringing it to its lowest level since Nov. 10, 2016.
A year ago the rate stood at 3.43 percent. It averaged 3.65 percent for all of last year.
The rate on 15-year, fixed-rate home loans remained at 3.16 percent this week. Those loans are popular with homeowners refinancing their mortgages.
ON THE MOVE
Kaiser Permanente Hawaii has promoted Andrew Giles to assistant administrator for hospital support services and operations. His responsibilities are in multiple departments, including communications, parking, environmental services, gift shop operations, food and nutrition services, and the lift team. Giles previously was director of environmental services as well as an administrator on call for Kaiser Permanente Moanalua Medical Center and an operational project leader for the Maui Health System transition.
