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FIRST HAWAIIAN BANK INTRODUCES ALL-IN-ONE PACKAGE OF SERVICES

 HONOLULU, June 7 /PRNewswire/ -- First Hawaiian Bank today announced the introduction of a flexible bank plan that's believed to be unique in the nation. Called the All-in-One Plan, this innovative product provides three levels of discounted or enhanced banking services in return for a customer's personal loans, deposits or a combination of the two.
 According to N.W. "Red" Pope, First Hawaiian executive vice president, the All-in-One Plan offers the bank's customers real value. "Based on the amount of combined deposit and/or credit balances customers have with us, they may qualify for one of three levels. As total balances grow, so can the number of free and discounted banking services that customers receive," Pope said.
 The three levels are for customers with balances of $3,000 or more; $10,000 or more; or $25,000 or more. Among the services available, depending on the balance amount, are discounts on personal installment loans and credit card annual fees, free Cirrus and MasterCard network ATM access, free checks, unlimited check-writing, automatic savings plan with no minimum balance, free telephone bill payment, discount on an automatic teller machine check card, preferred rates on certificates of deposit as well as home equity and personal lines of credit, and a discount on First Hawaiian's Investment Monitor Account fees.
 "For the customer, the All-in-One Plan gives customers the flexibility to choose the financial package and level of account that makes sense for their individual needs. The key word here is `Plan,' for it truly is a program designed for the various financial stages of one's life; from the early stages when credit needs are greatest to the later years when savings and investments are more important. Customers can qualify for All-in-One with a minimum balance of only $3,000, then they can move up to a higher level of enhanced services when they open new accounts or transfer balances or accounts to First Hawaiian," Pope said.
 "All-in-One makes sense for the bank and for our customers," Pope added, "For the bank, customer retention is very important, and All- in-One provides strong financial incentives for our customers to do more of their banking with us. We're really looking for business they have with other banks, savings and loans and credit unions."
 All-in-One is available at all 63 First Hawaiian Bank branches in Hawaii. It will be available at First Hawaiian's two branches on Guam beginning June 28, 1993.
 First Hawaiian Bank is one of the state's largest banks and principal subsidiary of First Hawaiian Inc. (NASDAQ: FHWN), with $6.5 billion in assets. Other subsidiaries include First Hawaiian Creditcorp Inc., Hawaii's largest locally owned financial services loan company; and First Hawaiian Leasing Inc., which is primarily engaged in commercial equipment and vehicle leasing.
 -0- 6/7/93
 /CONTACT: Lisa Halvorson of First Hawaiian Bank, 808-525-6111/
 (FHWN)


CO: First Hawaiian Bank ST: Hawaii IN: FIN SU: PDT

JB-JL -- LA039 -- 6221 06/07/93 16:53 EDT
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Publication:PR Newswire
Date:Jun 7, 1993
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