(Honolulu, Hawaii, February 6, 2012) – First Hawaiian Bank has reached an agreement to lease a parcel at the Aina Haina Shopping Center to construct a new branch, according to an announcement today by Bob Harrison, First Hawaiian Bank president and CEO.

The 25,000-square foot parcel is the site previously occupied by the state's first McDonald's Restaurant which has since relocated next door. The bank plans to construct a larger, more convenient facility to replace its older, existing Aina Haina Branch.  Construction is scheduled to begin upon permit approval.

"Banking is all about convenience and we are pleased to secure this lease to construct a new, larger branch to offer the latest financial products and services to the East Honolulu Community," Harrison said.

The landlord, 820-850 Hind Drive, LLC, was pleased to consummate the deal with a long-time kamaaina company.  "We are happy to reach an agreement with First Hawaiian Bank," according to Marvin Lotz, president.  "This new branch underscores their commitment to the community, will be a fine addition to the Aina Haina Shopping Center and provide added convenience for center patrons."

Terms of the lease were not disclosed.

First Hawaiian Bank is the state's oldest and largest financial institution in Hawaii with $15.8 billion in total assets.  It has 63 branches in Hawaii, Guam and Saipan and over 300 ATM's.  It has been offering service, solutions and security for over 153 years.