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Bank of Hawaii's Investor Accounting Group Is Honored with the 2007 Circle of Excellence by Fannie Mae

Tuesday, May 15, 2007

Honolulu, Hawaii (May 15, 2007) - Bank of Hawaii’s Investor Accounting Group in Residential Loan Funding & Accounting has received the 2007 Circle of Excellence Award by Fannie Mae. The award is based on outstanding performance in providing accurate and timely investor accounting and reporting services to Fannie Mae. 

Bank of Hawaii Investor Accounting Manager Debby Oshiro led the winning team which consisted of fellow employees Nida Rania and Karen Miyake.

Fannie Mae's Circle of Excellence is a new award program that recognizes outstanding servicing performance. During the last year, Bank of Hawaii consistently scored 96 percent or above in Fannie Mae's internal scoring model.  As a result the bank ranked in the first quartile of its peer group of lenders servicing between 5,000 and 25,000 loans. The Circle of Excellence was based upon the timely remittance of funds, the accurate reconciliation of data and rapid response to any loan level differences.

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, visit the company’s website: www.boh.com.