News Releases – September 18, 2017



Finance Factors Hilo Center Opens to the Public

2017 Hilo Center

Finance Factors, Hawaii’s largest depository financial services loan company, opened a newly-relocated Hilo Branch to the public on September 11 at the new Finance Factors Hilo Center, located at 605 Laukapu Street, at the intersection of Kekuanaoa Street on the Big Island of Hawaii. This new location will service the customers of Finance Factors’ previous branch that was located on Kilauea Avenue in Hilo.

“As Finance Factors continues to grow, we are committed to continuously providing exceptional customer experiences in all of our branches throughout the state,” said Steven Teruya, president and COO of Finance Factors.

“We are thrilled to continue to serve our Hilo community with this brand new location,” said Helen Fuentes, customer service representative of the Hilo branch. “We welcome customers, old and new, to enjoy the convenience of our new branch and experience the quality service of our staff.”

All existing customer accounts have automatically transitioned to the new location, with no action required on the customer end. The new branch continues to offer all of Finance Factors services, including savings accounts, and mortgage loans.

Construction on the Finance Factors Hilo Center, which was purchased by Finance Factors in December 2014, started in May 2016. The Finance Factors Hilo Center was designed by Ushijima Architects, Inc. and includes a raised platform design and a warm and inviting look that reflects the local charm of the neighborhood. The Center is also home to Finance Insurance, a sister company of Finance Factors, and has room for two more tenants. The company has completed similar projects in the Liliha, Manoa and Kaimuki neighborhoods on Oahu.

To celebrate its new space, Finance Factors will offer special deposit promotions and a chance to win one of ten $100 prizes during its upcoming Grand Opening Celebration period from September 18 to October 13, 2017.

Founded by several island families in 1952, Finance Factors is Hawaii’s largest locally-owned depository financial services loan company. Finance Factors currently has 13 branches in the state of Hawaii, including branches on Maui, Kauai, Oahu and Hawaii Island, and a Mortgage Center on Guam.

About Finance Factors
Finance Factors has been providing financial services in Hawaii for more than 60 years. Started in 1952 by several island families, the company has grown from a small local enterprise that pioneered personal loans for Hawaii’s families, into Hawaii’s largest locally-owned depository financial services loan company. Finance Factors (NMLS #449916) specializes in residential loans for purchase, refinance, cash-out, and home equity, as well as commercial real estate loans. Finance Factors also offers some of the best rates on certificates of deposit and savings accounts, with deposits insured by the FDIC.