Bank of Hawaii Corporation
10/16/2025 | Press release | Distributed by Public on 10/16/2025 14:16
Bank of Hawaii Launches Emergency Financial Relief Programs for Federal Employees/Contractors Impacted by Government Shutdown
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Bank of Hawaii Launches Emergency Financial Relief Programs for Federal Employees/Contractors Impacted by Government Shutdown
HONOLULU, HAWAII
October 16th, 2025
In response to the partial government shutdown that began Oct. 1, 2025, Bank of Hawaii has activated emergency financial assistance programs to support qualifying Federal employees and contractors facing income disruption.
"We recognize how stressful the shutdown is for Federal workers and their families in our community," said Bank of Hawaii Chairman and CEO Peter Ho. "Our goal is to help ease the financial strain during this difficult time by offering meaningful support tailored to their immediate needs."
Bank of Hawaii is offering three financial assistance programs:
-
Personal Loan Program
- Up to $5,000 | 24-month term | 5.00% fixed interest/5.00% APR | Loan fee waived
- Estimated monthly payments would be $43.87 per $1000 borrowed
- Designed to provide temporary cash relief for emergency needs and living essentials
-
Forbearance Program
- Up to 3 months of full or partial loan payment forbearance on current residential mortgages, home equity loans/lines, and lines of credit
- All late fees accrued during the forbearance period will be waived
-
Extension Program
- Up to 3-month extension on current direct installment and indirect auto loans and leases
- Principal and interest payments deferred during the extension period
- All late fees accrued during the extension period will be waived
These three programs offer fast access to cash through special loan options or emergency relief on existing Bank of Hawaii loans. Interested individuals may request additional information, including qualification requirements via the Customer Service Center at 1-888-643-3888 and/or apply at any Bank of Hawaii branch or by visiting boh.com/shutdownrelief. Quick approval of qualifying applicants ensures timely support during this critical period.
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Bank of Hawaii Corporation published this content on October 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 16, 2025 at 20:16 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]