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Central Pacific Bank is Recognized by Forbes and as a Top PPP Lender in the US

September 02, 2020

Central Pacific Bank is Recognized by Forbes and as a Top PPP Lender in the US

HONOLULU, HI | September 2, 2020 – Central Pacific Bank (CPB) was recognized by Forbes as the #1 bank in Hawaii as a result of their recent survey, “America's Best Banks In Each State,” which evaluates overall customer satisfaction along with criteria like digital services and branch services. CPB was also shown to have the highest market share of PPP loans dispersed by any bank in any state in the U.S. in a report by SmartAsset that was recently featured in Yahoo! Finance, using data from the Small Business Administration (SBA) in coordination with the Treasury Department.

“We are honored to be ranked #1,” said Catherine Ngo, President, Central Pacific Bank. “I am proud of our employees who strive each day to provide an exceptional customer experience.”

Arnold Martines, Chief Banking Officer, Central Pacific Bank added, “CPB’s PPP loan effort is a reflection on the commitment of our employees and our dedication to our customers and the broader small business community to support them through this unprecedented time.”

For more on Forbes’ America’s Best Banks In Each State, visit: https://www.forbes.com/best-in-state-banks/#44a231395873

For more on the Smart Asset study, visit: https://smartasset.com/checking- account/most-popular-ppp-lenders-50-us-states-2020

About SmartAsset
Founded and headquartered in NYC, SmartAsset is a financial technology company that helps more than 65 million people each month make smart financial decisions. The company publishes data-driven content, topical guides, reviews, personalized calculators and educational tools to help people navigate life’s big personal finance decisions. Additionally, SmartAsset operates SmartAdvisor, which is the leading independent client acquisition platform for Financial Advisors in America. Forbes recently named SmartAsset as one of America's Best Startup Employers in 2020.

For more information, please visit SmartAsset.com and SmartAdvisorMatch.com.

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