CPB recognized as a Best Bank in Hawaii by Newsweek

HONOLULU, HI (Dec. 15, 2022) – Central Pacific Bank (CPB) is proud to be named one of the best banks in Hawaii by Newsweek Magazine for the second consecutive year. Newsweek, in partnership with LendingTree, evaluated more than 4,800 financial institutions across the country to determine America’s Best Banks 2023. The methodology and listing recognizing CPB can be viewed here.

“We are honored to be recognized by Newsweek as one of the best banks in Hawaii,” said Central Pacific Bank incoming President and CEO Arnold Martines. “It is a testament to our employees and the values we share as a team to always do the right thing for our customers and our island communities.”

Newsweek partnered with LendingTree for their annual Best Banks ranking. They evaluated thousands of FDIC-insured banks and credit unions, as well as the individual savings and checking accounts offered, on more than 50 different factors in order to identify the best-in-class options in 26 different categories.

CPB was also honored to be #1 on the Forbes Best-In-State Bank list for the second consecutive year in 2022. Additional details on that recognition can be found here.

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About Central Pacific Bank

Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.34 billion in assets as of Sept. 30, 2022. Central Pacific Bank, its primary subsidiary, operates 27 branches and 65 ATMs in the state of Hawaii. Central Pacific Financial Corp. is traded on the New York Stock Exchange (NYSE) under the symbol "CPF." For additional information, please visit: cpb.bank