HRS §412:6-101
Who needs a savings bank charter
This section says that, unless federal law or this chapter allows it, you cannot do savings bank activities like taking deposits or using the name 'savings bank' unless you are a Hawaii corporation with a savings bank charter. It applies to anyone trying to act as a savings bank.
everyone
The statute, as written — Necessity for savings bank charter
Except as expressly permitted by federal law or this chapter, no person shall engage in any activity for which a charter to operate as a savings bank is required by this chapter, including without limitation the solicitation, acceptance, and holding of deposits in this State, the use of the term "savings bank", or the exercise of such other powers or privileges restricted to savings banks under applicable law, unless it is a corporation incorporated in this State and has such a savings bank charter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.