Call toll-free, 24x7

Bank of Hawaii to Open In-Store Branch in New Safeway Hilo Store

Wednesday, January 19, 2011

HONOLULU, HAWAII – Bank of Hawaii has announced plans to open its newest branch in March in conjunction with the new Safeway located in the Makaala Center in Hilo.  Located at 381 East Makaala Street, the new in-store branch will be the bank’s 71st branch statewide and the 12th branch on the Big Island. The bank will be hiring seven new employees for this branch.

Darrick Ching, Bank of Hawaii executive vice president and Hawaii Branch Division manager, said, “We are very excited to be able to partner with Safeway to serve the residents in the Hilo area and the new Makaala Center.  The new branch is a great opportunity to be able to increase customer service levels and will make it even more convenient for customers to do their banking with extended branch hours, seven days a week.”

“Bank of Hawaii has been a part of the Safeway ‘ohana for over 15 years,” said George Glukfeld, Safeway Hawaii District Manager. “We are delighted that they will be able to serve our Hilo customers and welcome them to our new home.”

This in-store branch will offer a variety of banking services including:

* Bank of Hawaii ATM
* Checking, savings and time deposit products
* Personal loans and credit card applications
* Internet banking set-up
* Business Hours:  Monday – Friday   9 a.m. – 6 p.m.
                             Saturday - Sunday  9 a.m. – 2 p.m.

Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific.  The company’s principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii.  For more information about Bank of Hawaii Corporation, see the company’s website, www.boh.com

Safeway, Inc. is a Fortune 50 company and one of the largest food and drug retailers in North America, based on sales. The company operates 1,775 stores in the United States and western Canada and had annual sales of $40.9 billion in 2009. The company's common stock is traded on the New York Stock Exchange under the symbol SWY.