HONOLULU — Hawaii State Federal Credit Union (Hawaii State FCU) has hired Derrick Arimoto as the new vice president of commercial lending. Arimoto will oversee the commercial loan portfolio and develop the credit union’s business relationships.
Arimoto has 15 years of experience in financial services, including eight years with Bank of Hawaii, where he served in several roles, including corporate banking portfolio management officer, commercial real estate underwriter, and most recently, primary relationship officer. Prior to that, Arimoto served as a financial analyst at Symantec Corporation in Cupertino, Calif., for seven years.
“Building strong relationships with Hawaii’s business community and providing them with the small-business products they need to contribute to a thriving local economy continue to be a major priority for us,” said Andrew Rosen, president and CEO of Hawaii State Federal Credit Union. “Many of our 95,000 members own small businesses and can benefit from Derrick’s expertise as a seasoned commercial lending executive to help them achieve their goals.”
Arimoto earned his bachelor’s degree in finance from Santa Clara University in Santa Clara, Calif. He is active in the community, serving on the Oahu Interscholastic Association (OIA) Athletic Foundation board of directors, and coaching baseball at his alma mater, Iolani School.