This is the first study, to our knowledge, that estimates the technical efficiencies, and total factor productivity growth and its components, using a distance function stochastic frontier approach and three single-output models in Fiji, a Pacific Island Country—a region where banking efficiency literature remains scarce despite phenomenal advances in the field. This study’s ability to discuss the implications of the results for individual institutions separately is a key contribution of efficiency studies relating to the region as well as to the extant literature. The study found that there is substantial scope for improvement of productivity and efficiency, especially in producing more deposits with the same level of inputs.