Welcome to the latest edition of Currents! April marks Financial Literacy Month, and we are thrilled to introduce our new Financial Insights resource to help you stay educated in the areas of home affordability, small business, and more!

Additionally, we are excited to highlight our success at the U.S. Small Business Administration's (SBA) Hawaii District Awards, where we received the highest number of accolades among all banks in the state.

Stay tuned for further updates and news in this edition of Currents! 

Have you read our Financial Insights? 

One of the things that sets CPB apart from other financial institutions is our commitment to not only providing excellent banking services, but also serving as a trusted resource in important areas such as small business, home affordability, navigating the Japanese market, and digital banking.

We are fortunate to have a team of experts at CPB who are dedicated to sharing their knowledge and expertise with the community. As we celebrate Financial Literacy Month, we invite you to take advantage of our wealth of information that can help you make informed financial decisions by reading our Financial Insights in the link below. 

A Legacy of Trust: Introducing CPB The Private Bank

What does it take to earn trust? Unmatched expertise, unwavering commitment, steadfast honesty, and the highest level of service. These principles are the bedrock of our philosophy at The Private Bank at CPB. And it’s on this foundation that we build relationships that enrich lives as well as legacies

Explore how we can help build your own legacy today in the link below. 

CPB Sweeps U.S. Small Business Administration Awards in Hawaii

CPB had a dominant performance at the U.S. Small Business Administration's (SBA) Hawaii District awards ceremony last month, securing the most recognitions of any bank in the state for 2023. These top honors reflect CPB's unparalleled support for Hawaii's small businesses and unwavering commitment to the entrepreneurial spirit.

WE by Rising Tide Program Seeking Applicants!

WE by Rising Tide is accepting online applications now through May 31, 2024!

This accelerator program for women entrepreneurs is comprised of a 10-week series of workshops designed to hone financial management, marketing, and leadership skills. The program also provides exclusive networking events with business leaders and women executives.

A cohort of 20 women entrepreneurs will be selected, with all program fees being funded by Central Pacific Bank. 

Applicant Requirements:

• Business must be 51% woman owned and a for-profit entity
• Business must be in operation for a minimum of 3 years and currently open for business
• Minimum annual revenue generation of $250,000 (2023)
• Maximum annual revenue generation of $5,000,000 (2023)
• Must be available to attend 10 of the 11 scheduled program sessions

Additional Opportunities

• T.H.R.I.V.E. Emerging Leaders Reimagined Program Accepting Applications  
  • Application Deadline: April 28
• Blue Startups Now Accepting Applications for Cohort 16
  • Application Deadline: April 30 
• Webinar: Analyzing your Financial Statement to Improve Business Performance
  • Part One is scheduled for April 24, and Part Two will follow on May 8, both running from 10 to 11 a.m. 
• National Small Business Week 2-Day Virtual Summit
  • This two day virtual summit will take place on April 30 and May 1, from 5 a.m. to 12 p.m. 

Learn how a virtual assistant can help your small business save time and money

How contactless payments can safeguard your finances 

 In today's fast-paced world, it is crucial to prioritize both convenience and security. As our lives become more and more digital, contactless payments have emerged as a valuable asset in ensuring financial safety.