First Hawaiian Bank
“Can Hawaii's oldest and largest bank sustain deposit share and fee revenue by bundling modern fintech services — payroll, merchant acquiring, FX, and retirement — with its legacy branch network?”
Founded1858
HQHonolulu, Hawaii, USA
IndustryBank / Community
The story
First Hawaiian Bank is Hawaii's oldest and largest bank, operating as a traditional community and regional bank with a full suite of consumer and business banking services. The bank has modernized its digital infrastructure over time, partnering with vendors such as MX for data aggregation and ADP/Dayforce for payroll services offered to business customers. Its embedded finance posture is that of a bank offering fintech-adjacent services to its SMB and commercial clients rather than operating as a BaaS provider.
Last 12 months
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Product timeline
1858
Founded as First Hawaiian Bank, becoming Hawaii's oldest and largest bank.· banking
2016
First Hawaiian, Inc. (FHB) completed its IPO on the NASDAQ stock exchange.· ipo
2019
BNP Paribas fully divested its remaining stake, making First Hawaiian fully independent.· pivot
Regulated entities
1
regulatory licence held by First Hawaiian Bank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in First Hawaiian Bank’s embedded-finance stack
Lending
Business FirstLine (revolving line of credit, $5k–$75k)Business FirstTerm Loan ($2.5k–$75k)SBA Export Loans (Export Express, EWCP)Business Credit CardsHome Equity Line of Credit (HELOC)Mortgage
Payroll
in the full report
Open banking
in the full report
Accounting
in the full report
Accounting gap: minor
4 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.