A government shutdown happens when Congress doesn’t pass a budget or temporary funding bill to keep federal agencies running. When that occurs, many parts of the federal government stop operating until new funding is approved.

Recently, reports of ATM scams have surfaced in Hawaii, with fraudsters targeting customers while they’re making transactions. These scams often involve someone approaching you at an ATM, asking you to deposit a check for them in exchange for cash.

At Central Pacific Bank, we are always looking for ways to make your banking experience easier and more convenient. Our latest mobile app updates add three powerful features to help you stay on top of your finances and manage your money with ease.

Central Pacific Bank (CPB) is proud to announce the newest participants of the WE by CPB Rising Tide program. Now in its fifth year, this successful initiative is co-sponsored by the aio Foundation and partnered with the Patsy T. Mink Center for Business and Leadership.

Your cash burn rate is a key financial metric that shows how quickly you’re using your cash reserves over a specific period. This is crucial if you're in the early stages of your business, seeking investment, expanding, or operating at a loss.

Every business is unique, and the challenges it faces during a crisis can vary widely. That’s why it’s crucial to document the steps you’ve taken before reaching out to support organizations. By doing so, you’ll provide them with valuable context that will help them understand your situation better and offer more targeted assistance moving forward.