Central Pacific Bank

Commercial bank · Honolulu, United States

Central Pacific Bank was founded in Honolulu in 1954 by Japanese American veterans of the 442nd Regimental Combat Team and is the bank subsidiary of Central Pacific Financial Corp, listed on the NYSE as CPF. FDIC data show USD 7.50 billion of assets, USD 6.70 billion of deposits and 27 offices at 30 June 2026, all in Hawaii. Businesses get four checking accounts, business savings and CDs, SBA and commercial real estate lending, merchant services, a Business Debit Mastercard and the iBusiness Central cash management platform with ACH, wires, positive pay and remote deposit. An International Banking Center in Waikiki sells foreign exchange and serves Japanese and Korean speaking clients, but business customers need USD 100,000 in deposits and loans to qualify.

Legal name: Central Pacific Bank
Regulated by: Federal Reserve (state member bank), FDIC (deposit insurance, certificate 17308), Hawaii Division of Financial Institutions
Licence confirmed: yes, on a regulator's own list
Established: 1954
Website: www.cpb.bank

Scores, 0 to 10

8.5Customer satisfaction

The Central Pacific Bank app is rated 4.9 out of 5 from 7,206 ratings on the US App Store. · source

7.0Lowest fees

Business Value Checking has no monthly fee with online statements, no minimum opening deposit, the first 100 deposited items and checks free, USD 0.25 per item after that and free incoming wires. · source

7.0Financial strength & stability

FDIC data at 30 June 2026 show USD 7.50 billion of assets, USD 638 million of equity and USD 45.0 million of net income for the half year, under an NYSE-listed parent. · source

5.0United States

Hawaii state member bank supervised by the Federal Reserve with FDIC certificate 17308, ACH and wire access, but its 27 offices are all in Hawaii. · source

4.5Business cards (Visa, Mastercard)

The bank issues a Central Pacific Bank Business Debit Mastercard and business credit cards, but no virtual cards or per-card spend controls are advertised. · source

4.0Cross-border payments, FX and multi-currency accounts

The International Banking Center publishes foreign exchange rates and sells international drafts and wires, but no multi-currency business account exists and business clients need USD 100,000 in deposits and loans to use the centre. iBusiness Central offers ACH, wires, positive pay, zero balance accounts, deposit identification, remote deposit and cash vault, all in US dollars with no cross-border pooling and no published API. · source

4.0Fast digital onboarding

The new business account page offers a downloadable checklist and a request form rather than an online application, and publishes no time to open. · source

4.0Online businesses: e-commerce and SaaS

Merchant services are offered alongside business checking and ACH, but there is no multi-currency collection account or marketplace payout product. There is no published API, accounting integration or multi-currency receiving account; a software company is served with the same business checking as any Hawaii SME. · source

4.0Startups & VC-backed companies

The bank publishes a starting a business stage guide and documents for start-up businesses plus SBA and express lines of credit, but no venture debt or startup programme. · source

3.5Crypto-friendly bank

Central Pacific Bank publishes no policy on crypto exchanges, brokers or miners on its business banking or cash management pages. · source

3.5High-risk verticals (iGaming, cannabis, adult, forex)

Central Pacific Bank publishes no policy on gambling, cannabis, adult or forex clients on its business pages. · source

3.0Trade, manufacturing & import-export

International services are foreign exchange, international drafts and wires; the international banking page lists no letters of credit, guarantees or supply chain finance. · source

3.0Foreign-owned & non-resident companies

The account checklist covers entities formed outside Hawaii and a Foreign National Program exists for mortgage borrowers who are not US citizens or residents, but no remote route is published for a business whose owners live abroad. · source

2.5Fintech companies that need a partner bank

The business and cash management pages mention no safeguarding accounts, banking-as-a-service, sponsor banking or correspondent services for payment firms. · source

2.0Best interest on business balances

Business savings pays 0.02 percent APY, business money market 0.03 to 0.06 percent APY by tier and CDs run from 0.01 to 0.13 percent APY. · source

1.0Crypto wallet and custody for a business

No crypto holding for business clients: the cash management pages list ACH, wires and Positive Pay only, and no digital asset product was found in press, checked September 2026. · source

1.0Accept crypto payments

The bank's charitable foundation has taken crypto donations through Engiven since 2021, but the bank itself said it does not accept crypto and its merchant services list no crypto option, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, custody or funds for business or personal clients were found on the bank's pages or in press; only the separate foundation accepts donated bitcoin, checked September 2026. · source

1.0Ethereum

No ether product was found on the bank's pages or in press; only the separate foundation accepts donated ether, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

No stablecoin accounts, payouts or settlement network membership was found on the bank's cash management pages or in press, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.