First Hawaiian Bank

First Hawaiian Bank Contributes $25,000 to Establish the John K. Lee, Jr. Scholarship Fund at Guam Community College

 (Hagåtña, Guam, November 8, 2011) – First Hawaiian Bank has contributed $25,000 to establish the John K. Lee, Jr./First Hawaiian Bank Scholarship Fund at Guam Community College (GCC), according to an announcement by Don Horner, First Hawaiian Bank chairman and chief executive officer. The fund will provide annual scholarship awards for Guam Community College students.

The $25,000 donation was presented to Lorraine Okada, chairperson of GCC Board of Governors and Lolita Reyes, GCC’s assistant director of Development and Alumni Relations by Laura Dacanay, First Hawaiian Bank Guam and CNMI region manager and Ed Untalan, senior vice president and Maite Banking Center manager. Also present at the presentation ceremony was the late John Lee’s wife Claire Lee and executives from First Hawaiian Bank.

Beginning with the 2012 Spring semester, one John K. Lee, Jr./First Hawaiian Bank Scholarship for $3,000 will be awarded annually to one full-time Guam Community College student based on their academic achievement, community service involvement, extracurricular activities and financial need. Applicants must be a U.S. citizen, Guam Resident or FSM Citizen/Resident, enrolled full-time at Guam Community College, and have a 3.0 GPA. Applications for this scholarship are being accepted in the GCC Financial Aid office.

“John Lee was truly a great man and devoted over 20 years to supporting Guam Community College. We felt this would be a fitting way to honor John by continuing his legacy of creating opportunities for the students at Guam Community College,” said Laura Dacanay, Guam and CNMI Region Manager at First Hawaiian Bank. “He will be missed, but his spirit will live on in these young students who will gain the knowledge they will need to succeed in life.”

“We are honored and humbled by First Hawaiian Bank’s generous gift to our students in the name of John Lee,” said Dr. Mary Okada, president of Guam Community College. “Mr. Lee championed the educational efforts of the GCC Foundation and Guam Community College for over 20 years. His tenacious spirit motivated others to do the same, and we know he would be very proud of this effort by First Hawaiian to honor his memory and his dedication to the College.”

The bank also announced today that it will accept donations to the John K. Lee, Jr./ First Hawaiian Bank Scholarship Fund at all of its Guam and CNMI branch locations starting today through December 31, 2011. Businesses and individuals interested in making monetary donations can do so at any First Hawaiian Branch on Guam or on Saipan. Checks should be made payable to GCC Foundation with a memo indicating JKL/FHB Scholarship and can be deposited at all First Hawaiian Bank branches in Guam and Saipan.

John K. Lee, Jr., who passed away on October 5, 2011, had retired as senior vice president and regional manager of Guam and CNMI from First Hawaiian Bank in 2006 after a 48-year career with the bank. It was under his leadership that the bank was able to build a growing presence in the region. Today, First Hawaiian is the leading bank in Guam with the largest share of loans and deposits in the region. Lee was active in numerous philanthropic and professional organizations including the American Red Cross, Boy Scouts of America (Guam Chapter), Guam Visitors Bureau, Habitat for Humanity, Guam Humanities Council and the American Cancer Society. He was a strong advocate of education and served on the GCC Foundation Board of Governors for over 20 years.

First Hawaiian Bank (www.fhb.com) with $15.4 billion in total assets was founded in Hawaii in 1858 and is the leading bank in Guam with the largest share of loans and deposits in the region. The bank operates 58 branches in Hawaii, three on Guam and two on Saipan.

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