---
title: Case Study - Bank of Hawaii | Source Technologies
description: The Bank of Hawaii implemented MICR check printers to reduce the slow, costly and risky process of transporting preprinted checks between branches.
image: https://www.sourcetech.com/hubfs/Stock%20images/Businessman%20shaking%20hands%20with%20a%20colleague%20in%20the%20office-1.jpeg
---
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[Finance Industry Case Study](https://www.sourcetech.com/case-studies/tag/finance-industry-case-study)
# Bank of Hawaii Reduced Their Security Risk and Saved Money
### AT A GLANCE
1. With branches located throughout the Pacific and assets totaling more than $9.6 billion, Bank of Hawaii is the largest independent financial institution in in the region. Founded in 1897, the bank serves businesses, consumers, and government agencies in Hawaii, American Samoa, Guam, and the Micronesian Islands.
2. Bank of Hawaii needed a secure printing solution that would address their security risk and also integrate with their existing teller system.
3. Bank of Hawaii installed Source Technologies secure, MICR check printers in 250 branches.
4. With its new distributed secure printing solution in place, Bank of Hawaii now issues checks and other negotiable documents on-location and on demand while reducing costs and increasing security.
### The Company
Nutmeg State Financial Credit Union is a member owned, not-for-profit, financial cooperative. Since its founding in 1936, Nutmeg has become one of the most prominent and innovative credit unions in the United States. As they continue to grow, they will stand by their mission to revolutionize the banking industry with technology while also providing an exceptional member experience.
## Secure Printing Solutions
### CHALLENGE
Bank of Hawaii was printing checks and negotiable documents only in select branches. The banks then mailed the checks to other branches across the islands. The process was slow, costly and posed a huge security risk with the transfer of live, preprinted checks. Bank of Hawaii needed a secure printing solution that would address their security risk and also integrate with their existing teller system.
### SOLUTION
Bank of Hawaii installed Source Technologies secure, MICR check printers in 250 branches. Each of the bank’s branches can now print cashier’s checks, starter checks, money orders, signature cards, and other MICR documents on-demand with secure MICR printers. With its new distributed secure printing solution in place, Bank of Hawaii now issues checks and other negotiable documents on-location and on demand while reducing costs and increasing security.
### NUTMEG TRANSACTIONS
- Check My Account Balances
- Cash a Check
- Deposit Cash / Check
- Withdraw Cash / Check
- Make a Loan Payment
- Transfer Funds
### DMV TRANSACTIONS
- License renewals
- License replacements
- Name changes
- Address changes
- Voter registration
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