Bank of Hawaii was named by Forbes magazine as one of the “World’s Best Banks.”
The list, published online Monday, ranks the world’s best banks by country, according to customer surveys. Bank of Hawaii was ranked 26th out of 60 banks in the U.S. Other Hawaii banks making the list were Central Pacific Financial at 39th and American Savings Bank at 49th. First Hawaiian Bank is not on the list because Paris-based BNP Paribas owned a controlling stake of the bank last year.
San Antonio-based USAA was ranked first in the U.S.
Forbes partnered with Statista, a statistics database and consumer research firm, to identify which financial institutions are rated highest according to their own customers. The best banks in every country were chosen based on an independent survey from a sample of more than 40,000 consumers from 23 different countries. The sample size in each country varied. Customers rated each bank at which they have/had a checking or savings account on overall recommendation and satisfaction. They also rated the banks in five different criteria: trust, terms and conditions, customer services, digital services and financial advice.
“Being named one of the world’s best banks is a great honor, especially when it comes from our own customers,” said Peter Ho, Bank of Hawaii chairman, president and CEO. “Our employees work hard to fulfill our customers’ needs, and bringing the best experiences to them is a top priority. It’s also gratifying to see two other Hawaii financial institutions make the list. Having great local hometown banks is important to our economy and community.”
Hawaii ninth-best state for women, study finds
Despite a poor rating for median earnings and voter turnout in 2016, Hawaii’s highly rated health care helped earn the state ninth place in WalletHub’s ranking of best states for women.
Personal finance website WalletHub released the study Monday, comparing the 50 states and the District of Columbia across 24 key indicators of living standards for women. The data set compares median earnings for female workers as well as the quality of women’s preventive health care and the female homicide rate.
Hawaii was No. 9, behind Colorado (No. 8) and Maine (No. 7). Minnesota earned the No. 1 spot, and Massachusetts the No. 2 spot.
ON THE MOVE
Hawaiian Islands Land Trust has appointed Laura Kaakua as its new president and chief executive officer as of March. She was previously an Aloha Aina project manager at The Trust for Public Land the past nine years. Kaakua also served as a law clerk for the Honorable Greg Nakamura in the 3rd Circuit Court as well as a lecturer at the William Richardson School of Law.
Pacific Guardian Life Insurance Co. has announced Brant Y. Yamamoto as its new senior vice president and chief marketing officer. He has more than 30 years of insurance industry experience, including 17 years in various positions at Pacific Guardian Life. Yamamoto was previously president and chief operating officer of Occidental Underwriters of Hawaii Ltd.
