The catch is that you must deposit at least $100 in the account and avoid making withdrawals every month. If you have a checking account, you can even connect it to your savings account for overdraft protection.įirst Hawaiian’s YesSavingsSM account allows customers to earn interest at a higher rate than most of the bank’s other account options. Further strengthening the fee structure of this account, maintaining just a $300 minimum daily balance will waive the $4 monthly service fee. Although its interest rate is clearly lacking, it has a minimum opening deposit of $20. The Priority Savings account at First Hawaiian bank is a simple, savings product and depending on your account balance, your APY will range from 0.02% to 0.03%. $4 monthly service fees waivable by maintaining a minimum daily balance of $300 First Hawaiian Bank Priority Savings Key FeaturesįDIC insurance up to the maximum amount allowed by law It’s also the largest Hawaiian bank, and now holds $16 billion in total customer assets. No bank has provided banking services in Hawaii longer than First Hawaiian Bank, as it has been around since 1858. Traditional, Roth and education accounts availableįirst Hawaiian Bank Interest Rate Comparison.Mixture of high and low APYs and minimums.Can be used for simple overdraft protection.While this makes it tough to save for the future with this bank, there are many other features you can take advantage of. FHB has very manageable opening account minimums as well, making it easy for anyone to join up.Īside from it’s massive selection of certificates of deposit (CDs), First Hawaiian’s interest rates and APYs are mostly lackluster. It not only offers multiple banking services, but also personal, auto, student and home loans, long-term, life and disability insurance and investment management.

No bank in Hawaii holds more customer assets than First Hawaiian Bank (FHB).

First hawaiian bank