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Your bill was actually printed in Washington for use in Hawaii during WWII. Please see the question "What is the value of a 1934 US 5 dollar bill with HAWAII on it?" for much more information.
Your bill isn't really from Hawaii. It was printed during WWII for use in that territory. Please see the question "What is the value of a 1934 US 20 dollar bill with HAWAII on it?" for more information.
Please look at your bill more closely; the date should be 1934. There's more information at the question "What is the value of a 1934 US 20 dollar bill with HAWAII on it?"
Please check your bill again. The date should be 1934. The only bills dated 1935 were $1 silver certificates. There's more information at the question "What is the value of a 1934 US 20 dollar bill with HAWAII on it?"
To clarify:As the banner across its top indicates, your bill is a Federal Reserve Note and not a silver certificate.It wasn't made in Hawaii; it was printed in Washington for use in the Territory of Hawaii during WWII.There's more information at the question "What is the value of a 1934 A US 20 dollar bill with HAWAII on it?".