First Foundation Bank Hawaii Completes Major Merger

First Foundation Bank Hawaii has completed a major merger, expanding its reach and services in the state. This move is expected to bring benefits to customers and the local community.

The merger has brought together two financial institutions, creating a stronger and more stable banking presence in Hawaii. This consolidation is a strategic move to improve the bank's competitive position.

Customers can expect more convenient and comprehensive banking services, including expanded loan options and enhanced online banking capabilities. First Foundation Bank Hawaii is committed to delivering exceptional customer service and support.

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First Foundation Bank Hawaii is a significant player in the state's banking scene.

First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu. The deal is expected to close by mid-2015.

The $1.3 billion-asset First Foundation will pay roughly $12 million in stock, or $7.18 a share, for the $121 million-asset Pacific Rim Bank.

This strategic partnership provides First Foundation with an excellent opportunity to build on their existing client base in Hawaii.

First Foundation was advised by Stradling Yocca Carlson & Rauthl, while Pacific Rim Bank was advised by Sandler O'Neill and Manatt, Phelps & Phillips.

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First Foundation Bank has expanded its services to Hawaii through a merger with Pacific Rim Bank. The merged entity will offer clients a range of banking, trust, and wealth management solutions.

Hawaii has been an important region for First Foundation Bank, with opportunities in integrated banking, trust, and wealth management sectors. Pacific Rim Bank is now a wholly-owned subsidiary of First Foundation Bank.

First Foundation Bank offers services such as investment and wealth planning, which will be expanded to individuals and businesses in Hawaii through the merger.

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First Foundation Bank has been praised for its exceptional customer service, with one client noting that they've done an amazing job growing their estate and philanthropic interests with a smile and the aloha spirit.

Their commitment to building strong relationships with clients is evident, with one client stating that First Foundation Bank exemplifies what true relationship banking is about.

Their dedication to their clients has earned them a loyal following, with clients expressing gratitude for the personalized attention they receive.

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First Foundation Bank has completed its merger with Pacific Rim Bank, forming a financial services company spanning eight geographic regions in Hawaii, California, and Nevada.

The merged bank will provide clients with a range of banking, trust, and wealth management solutions.

Pacific Rim Bank is now a wholly-owned subsidiary of First Foundation Bank, which is headquartered in California.

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