HNB is participating in the Transaction Account Guarantee Program

Hawaii National Bank is participating in the Federal Deposit Insurance Corporation's (FDIC) Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Under the FDIC's Transaction Account Guarantee Program, non-interest bearing transaction accounts include Demand Deposit Accounts (DDAs), Interest on Lawyer's Trust Accounts (IOLTAs), and Negotiable Order of Withdrawal (NOW) accounts that pay an interest rate not to exceed 0.50%. Accounts at Hawaii National Bank which typically reside under this classification are Personal Checking, Business Checking, Electronic Transfer Accounts, Household Checking, and Super WizCheck. Official Bank Checks drawn on Hawaii National Bank are also fully guaranteed by the Transaction Account Guarantee Program.

Deposits are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.