Hawaii First has contracted with Mutual of Omaha Bank for our association operating accounts as it guarantees free banking (no fees) for our association clients. Mutual of Omaha Bank has a Hawaii office and exceeds FDIC requirements. The bank is currently representing seven other Hawaii management companies and an Ewa master community association. Reserve funds are always invested in various financial institutions that offer the best rates while providing you FDIC protection. Our sole course is to create the greatest value for your association by controlling unnecessary expenses. Our cash management department provides access through CDARS to more than 600 stable FDIC banks in the USA that can offer better rates on lawful reserve fund investments – helping associations add some bulk to their bank accounts.