BANK OF HAWAII PLEDGES GUAM TYPHOON RELIEF

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HONOLULU, Hawaii (December 17, 1997/Hulsen)---The Bank of Hawaii has pledged $25,000 to the American Red Cross to help provide emergency relief for the people of Guam, devastated this week by Typhoon Paka.

Honolulu-based Bank of Hawaii and its sister company, First Savings of Guam, both have three bank branches on Guam. Reports from the U.S. northwest Pacific territory indicate that one First Savings branch, in Tamuning, was severely damaged.

Meantime, Typhoon Paka disaster relief donations now are being accepted at all Bank of Hawaii branches in Hawaii, where a special system-wide account has been established to accept community support.

Bank officials also have announced that emergency loans at special rates will be established to help Guam individuals and businesses affected by the typhoon.

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