Howzit Howard - October 11, 2011

(HawaiiNewsNow) - Check out the latest business news with Howard.

Credit card debt grew slightly last month - 1% - Hawaii followed the trend - average debt remained just above 7 grand - Credit Karma estimates it went from 38 dollars over in August to 54 dollars over in September - average credit score fell from 681 to 677 - still fourth best - after California, New Jersey and Massachusetts.

Hawaii Employers' Mutual Insurance Company, better known as HEMIC, has declared a 1.5 million dollar dividend for policyholders - HEMIC is the local workers' comp insurer - and when it has money left over, it pays it to its members - as has happened now for five years running.

The Scripps Institute of Oceanography awards a million dollars to develop a deep sea seismic network - plugging monitoring gaps - ocean floor seniors will transmit to surfboard-sized floating buoys that relay the signal to satellite.

First Hawaiian Bank has a new branch on Maui - the Napili branch closes Friday, replaced by a larger one opening today in the Kahana Gateway Center - Mark Nishino moves over as branch manager.

the Air Cargo Association of Hawaii holds its annual meeting today at the Pagoda - I'll see you there.