Bumpy on Native Hawaiian BankVia email from Lynette
Cruz:
Aloha all, And just for a sense of context, both that it is quite possible to start a new bank, and to have a bank that focuses on a particular portion of Hawaii's ethnic community, here's an Advertiser article from last month about the new Ohana Pacific Bank that will "cater to the growing Korean-American community." While the bank will be open to all customers, Hyun said, it will target the Korean community, which it believes has been underserved by Hawai'i's banking industry. If Koreans in Hawaii can have a bank focused on their own needs, why can't Hawaiians, who are probably even more underserved, and with Hawaiian institutions like Kamehameha Schools have a much greater potential deposit base? This would provide a lot of economic benefits to the Hawaiian community that would complement KS and other institutions' missions. It is a very practical but powerful solution that can be done under the existing system, that I encourage everyone to study and support. Check out Bumpy's website for more details on the proposal, and attend his presentation tomorrow if you can. Posted: Sat - November 5, 2005 at 10:10 AM |
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Total entries in this category: Published On: Dec 27, 2005 10:13 PM |