Benzinga | Dec 16, 2021 01:01PM EST

HomeStreet Bank Extends Services In Hawaii To Meet Commercial Banking Needs

The commercial banking division of HomeStreet Bank is expanding their commercial services into Honolulu, Hawaii. This latest move by HomeStreet aims to provide island business owners, big and small, with a community banking partner alternative.

"We know how important a solid banking relationship is for business owners of all sizes who are looking to grow and expand. For this reason, we're excited to extend our successful west coast operations to Honolulu," said Mark K. Mason, President, CEO and Chairman of HomeStreet Bank.

Hawaiian native, Melitajean "Mel" Racadio, will lead the commercial operations on the island. Racadio is a well-known banker in the State of Hawaii for her focus on building and sustaining strong client relationships. She started her career 30 years ago at the Bank of Hawaii and has experience helping business clients from a myriad of different industries with their commercial banking and lending needs. She understands the demands of small business owners within niche markets including medical and dental private practices, as well as, manufacturing, industrial and hospitality.

"We're thrilled to be establishing a commercial banking presence in Hawaii in the same year we're commemorating our 100th year anniversary," said David Parr, EVP, Commercial Banking Director. "The two celebrations fit well together," he added.