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Bank of Hawaii's Wilma S. Kanda First in State Appointed to AAP Blue Ribbon Panel

Wednesday, February 28, 2007

Honolulu, Hawaii (February 28, 2007) - Wilma S. Kanda of Bank of Hawaii is the first person in the state to be appointed to the Accredited Automated Clearing House Professional (AAP) Blue Ribbon Panel by the Electronics Payments Association (NACHA).  Kanda is a self-service project manager/Automated Clearing House (ACH) manager and assistant vice president at the bank. She will serve a two-year term on the national panel.  Kanda and the nine other members of the AAP Blue Ribbon Panel have oversight responsibility for the strategic direction of the AAP Program, including review and revision of the national testing and accreditation process.

Kanda’s appointment is in recognition of her knowledge and expertise of ACH network rules and issues.  In addition to serving on Bank of Hawaii’s Payments Risk Committee, she currently serves on committees for two regional payment associations. She chairs the Education Committee for Pacific Payments Alliance (PacPay) and also serves as a committee member of Western Payments Alliance (WesPay).

Kanda joined the bank in 1981 as a loan clerk on Maui and has held various positions of increasing responsibility. She earned a diploma in business administration and accounting from Cannon’s Business College.

The ACH network is an electronic delivery channel allowing the electronic movement of funds or information to debit or credit a Consumer or Business checking account, savings account, loan account or GL account.  The most common use of the ACH is direct deposit of payroll and Social Security disbursements, transfers and electronic bill payment.

NACHA is a not-for-profit association that represents more than 11,000 financial institutions through memberships and a network of regional payments associations. NACHA develops operating rules and business practices for the ACH network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment, e-checks, financial electronic data interchange, and more. For more information on NACHA, visit http://www.nacha.org/