The Maui News

First Hawaiian Bank receives matching grant for $1 million for wildfire relief

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KAHULUI – First Hawaiian Bank announced Tuesday that it has received a three to one matching grant from the Federal Home Loan Bank of Des Moines for a $250,000 donation to Hawaii Community Lending, generating a total of $1 million in relief funding for homeowners on Maui impacted by the August wildfires, according to a press release from the bank.

“Rebuilding Lahaina will be a complex undertakin­g that needs to be done thoughtful­ly over time,” said Bob Harrison, CEO, President, and Chairman of First Hawaiian Bank. “Through collaborat­ive partnershi­ps, the bank is proud to stand with and assist the community during this time of healing and renewal.”

The donation to Hawaii Community Lending, in partnershi­p with Holomua Collective and Hawaii Community Foundation, will be used to provide Lahaina homeowners impacted by the fires with much-needed support to stabilize their mortgage payments and navigate insurance reimbursem­ents while they work towards rebuilding. The donation is in addition to the nearly $1 million the bank has already provided through its philanthro­pic efforts supporting the Maui community.

“Within our mission to help keep all local working families in Hawaii by making sure they can afford to stay, we need to focus on helping to rebuild the lives of Lahaina residents as well as their community,” said Holomua Collective Board Chair, Mike Pietsch. “FHB’s donation provides a new well of resources for the people of Lahaina.”

FHB looks forward to being a part of the effort to rebuild Lahaina Town and is committed to rebuilding its Lahaina Town location as soon as conditions permit. For informatio­n on branch locations and hours, visit locations.fhb.com.

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