Reported by Star-Bulletin staff & wire
Wednesday, June 18, 1997
Bank of Hawaii says it will offer customers banking via the Internet beginning this fall. Bank of Hawaii plans
Internet banking serviceCustomers will be able to access their checking, savings and credit card accounts from their home or office computers, as well as pay bills, transfer funds and perform other functions, the bank said.
The service, called e-bankoh, will make the institution the first one in Hawaii to offer Internet banking, the bank said yesterday.
First Hawaiian Bank, Bank of Hawaii's major rival, currently offers its customers a personal computer banking service, but that is done through software supplied by First Hawaiian and is not via the Internet.
Bank of Hawaii said it is using Security First Technologies Inc., a leading provider of Internet banking, to help develop the service. It said security -- a prime concern of Internet transactions in general -- will be superior.
Bank of Hawaii already has a demonstration version of its virtual bank site on the Internet at http://www.boh.com
Hawaii lands planted in bananas reached a record high of 1,240 acres last year but production remained at 13 million pounds, unchanged from 1995, said the Hawaii Agricultural Statistics Service. Hawaii banana growers
boost acres in productionHawaii still imports more bananas than it produces, the state office said. Last year 56 percent of the bananas were imported, the same percentage as 1995. Imports have outpaced Hawaii-grown bananas for the past five years. However, last year growers planted 200 acres of new banana plantings.
The average price at the farm was 40 cents a pound, unchanged from 1995. Crop value in 1996 was $5.2 million.
Rae A. Capps, vice president, general counsel and corporate secretary at Hawaiian Airlines Inc., has left to become senior vice president of San Franciso-based Willis Lease Finance Corp., which leases aircraft engines around the world. Hawaiian Air's counsel
leaves for S.F. companyShe joined Hawaiian in 1993, taking on the in-house counsel job for both the airline and its then parent, HAL Inc. She played a role in Hawaiian's financial restructuring, which brought in new capital.
Capps had provided outside legal counsel from 1990, as an associate with the Honolulu law firm of Goodsill Anderson Quinn & Stifel.