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Finance Factors to Open New Branch in Chinatown


Finance Factors, Ltd. announced today that its new Chinatown Branch in Honolulu will open on Friday, January 16, 2009.  The Chinatown Branch will be the financial institutions’ 13th branch in Hawaii.  In celebration of this new branch, Finance Factors is offering special rates on certificates of deposits at all of its branches.

“We are delighted with this addition to our branch network, as it will allow us to continue to provide quality financial services to the people of Hawaii,” said Steven Teruya, president of Finance Factors.  “We have long hoped to expand into the Chinatown area, and this branch will allow us to better serve this robust and growing community with our outstanding deposit and loan products.”

Employees Jenny Wong, Marites “Tes” Morta, and Teresa Bringas are excited about serving the Chinatown community and welcome existing and new customers to Finance Factors.

The new branch is located at 102A North King Street in Chinatown, at the intersection of King and Maunakea Streets.  Branch hours are Mondays through Thursdays from 7:30 a.m. to 3:30 p.m., and on Fridays from 7:30 a.m. to 5 p.m. 

Finance Factors will also be opening their 14th branch in Manoa later this year.

About Finance Factors

Finance Factors has been providing financial services in Hawaii for more than 55 years. Started in 1952 by six island families, the company has grown from a small local enterprise that pioneered personal loans for Hawaii’s working class, into Hawaii’s largest locally-owned depository financial services loan company.  Finance Factors specializes in residential and commercial real estate loans, including low-rate residential mortgage loans, land loans, construction loans, home equity credit lines, as well as a variety of portfolio mortgage loans for properties and borrowers with special needs. Finance Factors also offers some of the best rates on certificates of deposit and savings accounts, with deposits insured by the FDIC.

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  Finance Factors, Ltd. • 1164 Bishop Street, Ste. 300 • Honolulu, Hawaii 96813-2810blank
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