BUILD will match your monthly savings for up to one year or up to $1,000, whichever comes first
You may deposit more than the $1,000 within the year, but BUILD will only match up to $1,000
You must save for a minimum of six (6) months
You must be a full time resident on OAHU island
Match saving funds from BUILD will not be available until the end of the one-year program or until the $1,000 match has been met.
After the year is completed, you may close the account or retain an account at Bank of Hawaii
Next Steps :
Opening a Bank Account
Once your application is reviewed and you qualify for the BUILD Program, a bank account will need to be opened at either the Ala Moana or Kahala Bank of Hawaii locations. Since this is a special account (with no fees), the applicant needs to open the account with the BUILD Program Manager.
Check In / Financial Education
Once your account is established, there will be a check in every 4 to 6 weeks either in person, by phone or via video conference to:
1. See how you are doing with your savings goals.
2. Discuss challenges we might be able to assist with such as housing, SNAP benefits, job placement, etc.