Urban Honolulu, HI holds $45.4 billion in deposits across 13 insured institutions and 147 branches, ranking #58 of 293 U.S. markets by economic output. First Hawaiian Bank is the largest deposit holder at 33.3% share. The top three institutions hold 80.0% of deposits, which places the market in the concentrated band. Deposits have grown 11% since 2020 while the branch count fell by 29.
Deposit trend
Branches: 176 in 2020 to 147 in 2025. Institutions: 13 to 13. Top-three share: 79.8% to 80.0%. Deposits per branch: $309M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First Hawaiian Bank | 15.1B | 33.3% | +5% |
| Bank of Hawaii | 14.7B | 32.4% | +16% |
| American Savings Bank | 6.5B | 14.3% | +14% |
| Central Pacific Bank | 5.4B | 12.0% | +10% |
| Bank of Hope | 1.3B | 2.8% | new since 2020 |
| Hawaii National Bank | 0.7B | 1.5% | +16% |
| HomeStreet Bank | 0.6B | 1.4% | +36% |
| Finance Factors, Ltd. | 0.5B | 1.1% | +22% |
| Commonwealth Business Bank | 0.3B | 0.6% | new since 2020 |
| First Foundation Bank | 0.2B | 0.4% | +5% |
The 10 largest of 13 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Honolulu County | Hawaii | $68,316M | 988,703 | 100.0% |
Recruiting in Urban Honolulu
Deposits are held closely by the largest institutions, which often means the bankers worth recruiting are inside a small number of houses. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like this one, on a retained basis.
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