BankPacific lowers prime rate to 4.5 percent

Posted on Oct 09 2008

For the ninth time since September 2007, BankPacific has reduced its prime rate, this time to 4.5 percent, the lowest it has been since September 2004.

“The lower rate helps our communities. While the mainland economy is being battered, our region’s outlook is strong. The reduction in the prime rate just made it even stronger,” said BankPacific CEO Philip Flores.

BankPacific has been serving our region since 1954 and has a five-star rating from BauerFinancial Corporation and an “A” rating from lace financial corporation, both of which are the highest ratings available. [B][I](PR)[/I][/B]

First Hawaiian continues to be a strong and secure bank

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