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Bank for Education

 

Helping our schools

One of American Savings Bank’s community focus areas is supporting excellence in education. Our Bank for Education program, launched in 2010, was designed just for that purpose. Since its inception, ASB has contributed monies and arranged grants totaling more than $800,000 to public and private schools across the state.

The Bank for Education campaign runs every other year, and participating schools have the opportunity to earn money for the programs and projects they need.  During the campaign period, customers who open a new, qualified personal bank account can designate a participating school, which receives up to $20 per account. In addition to the funds received from new accounts, the schools receiving the most designations in their enrollment category are then eligible to apply for $50,000 grants from ASB. In 2013, 64 schools participated across the state.  Congratulations to the following schools who earned the highest designations in their respective categories. Each school is now eligible to apply for an additional charitable grant of $50,000:

 

WAIANAE INTERMEDIATE SCHOOL (Oahu)

Large school category (>651 students)

 

KIPAPA ELEMENTARY SCHOOL (Oahu)

Medium schools (301 – 650 students)

 

SACRED HEARTS SCHOOL (Maui)

Small schools (<300 students)

 

The following schools are our top County winners for 2013 and are now eligible for an additional charitable grant of $10,000 each:

OUR LADY OF GOOD COUNSEL

Honolulu County

 

MAUI ADVENTIST

Maui County

 

WAIAKEA ELEMENTARY SCHOOL

Hawaii County

 

KAPAA HIGH SCHOOL

Kauai County

These schools now join the previous campaign grant awardees as members of ASB’s Bank for Education Ohana which qualifies them for additional support from us. This support may be in the form of volunteer project help by our employees, sponsorships of other programs, scholarships, or additional funding for smaller projects during non-campaign years.