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ASB Donates $129,000 of Unused Hawaiʻi Restaurant Card Business Holiday Card Funds to Three Local Nonprofits

ASB September 22, 2022 | 2 MIN read News Releases

American Savings Bank (ASB) announced it is donating $129,000 in unused funds from the Hawaiʻi Restaurant Card (HRC) Business Holiday Card program. Three nonprofits – Hawaii Chamber of Commerce Foundation, Hawaii Agricultural Foundation and Hawaii Restaurant Association Educational Foundation – will each receive $43,000 as part of ASB’s efforts to help Hawaii’s local restaurant and food supply chain industry, two industries that were greatly affected during the Covid pandemic.

“The Hawaiʻi Restaurant Card Business Holiday Card program gave companies the opportunity to reward their employees and partners with pre-paid holiday gift cards that could be used to support the local restaurant and supply chain industry,” said John Ward, executive vice president, chief marketing and product officer at ASB. “On behalf of American Savings Bank, we want to thank all the businesses, organizations and entities that showed their unwavering support to help rebuild our economy.”

Hawaii Restaurant Card

ASB decided to bring back the HRC Business Holiday Card program in November 2021 as a way to support local eateries that were hit hard during the pandemic. The initial program was first launched in 2020, in collaboration with the State of Hawaii, Department of Business, Economic Development and Tourism, Hawaii Restaurant Association and Chamber of Commerce Hawaii, as part of the state’s Economic Relief Program.

With the help of 203 businesses and organizations in Hawaii that purchased HRC Business Holiday Cards, more than $750,000 was injected into the local restaurant and food supply chain industry.

The cards expired on June 30 and ASB is donating all unused dollars on the cards to the three selected nonprofits.

“This program has brought immense support to the state’s restaurant and food supply chain industries,” said Sheryl Matsuoka, executive director of the Hawaii Restaurant Association. “Thanks to the generosity of our local businesses – and to ASB for once again leading the charge – we were able to help many of our favorite eateries during a time when they needed it most.”

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

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On September 28, 2022 at 10:00 a.m. HST, please click on the button below to open WebEx and join the virtual seminar. You can also click the drop-down below for other ways to join.
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MEET YOUR PRESENTERS

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Kelly W.K. Zane
President, Pacific Business Valuation

Kelly has worked on business valuations of corporations (both S and C corporations), limited partnerships, general partnerships, limited liability companies and personal businesses. He has valued companies in the wholesale, retail, health care services, property management and real estate industries. Businesses served were located in the Hawaiian Islands and on the mainland.

Kelly has worked in the financial institution industry for 20 years and has held positions in the top three banks in Hawaii. He has worked in various capacities and divisions ranging from Internal Audit to Treasury and Investments to Financial Planning and Analysis.

Kelly was born and raised in Hawaii. He attended college on the mainland and chose to return to Hawaii to build his career. He is married and has three busy children who he happily chauffeurs from activity to activity.

 

 

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IMPORTANT NOTICE: For virtual seminars, the WebEx service used includes a feature that allows audio and any documents and other materials exchanged or viewed during the session to be recorded. By registering and joining this session, you automatically consent to such recordings. If you do not consent to the recording, do not register and/or join the session. American Savings Bank will record the WebEx session so those unable to attend can watch it later. By joining the WebEx session, you understand and agree that your image and voice may appear in the recording.

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ASB Supports Honolulu Little League World Series Champions with $12,000 Donation and a Two-Day Celebration

ASB September 07, 2022 | 2 MIN read News Releases

American Savings Bank (ASB) proudly supported the Honolulu Little League World Series (HLLWS) team in their quest to become this year’s Little League World Series Champions. In August, ASB donated $5,000 to help pay for the team’s travel-related expenses and, today, at an event held at the ASB Campus to celebrate the team’s win, ASB surprised the team and their families with an additional $7,000 ($500 per family) donation to help cover additional expenses incurred throughout their one-month trip.

“We are incredibly proud of the Honolulu Little League World Series team on their victory and applaud their remarkable aloha spirit, unwavering dedication and hard work,” said Ann Teranishi, president and chief executive officer at American Savings Bank. “Their contagious enthusiasm and passion for the sport was felt across the state throughout their championship journey. ASB is honored to celebrate and support the team through this memorable moment.”

ASB Celebrates Honolulu Little League World Series Champions

ASB donates $12,000 to Honolulu Little League

A Celebration Fit for Champions

In addition to monetary donations, ASB also honored the HLLWS champs with a two-day celebration in true ASB-style. On Sept. 7, ASB hosted the team and their families for a post-win celebration at the ASB Campus. ASB teammates surprised them with a pep rally-style welcome complete with congratulatory signs, ti leaves and noisemakers. After a brief ceremony, the champions and their families were treated to local favorites that the team missed while on the mainland, which were generously provided by L&L Hawaiian Barbeque and Zippy’s. Guests also enjoyed entertainment, custom soft serve made in the team’s colors and ASB’s arcade and outdoor lanai games.

“As a former player, coach and manager, I know that the Honolulu Little League team fought hard for this phenomenal honor,” said Brian Yoshii, executive vice president and chief information officer at American Savings Bank, who was also the team manager for the 2010 U.S. Champion Waipio Little League West All-Stars. “As a father of four sons that also loved the sport, I know the dedication and grind that’s needed to reach this achievement. A huge congratulations to the team and Coach Gerald Oda on this amazing victory.”

Champion’s Parade

On Sept. 8, ASB teammates will cheer on the HLLWS Champions at the start of the parade route at Aala Park, across the street from the ASB Campus with signs, ti leaves and noisemakers. ASB will also be distributing baseball-themed treats during the parade from a classic Volkswagen Bus.

ASB participates in parade to celebrate Honolulu Little League World Series Champions

Sign waving for Honolulu Little League World Series Champions parade

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

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Edina Galla

Vice President
Executive Residential Loan Officer

 

American Savings Bank

NMLS #374225
Equal Housing Lender
Direct: (808) 593-4863
Mobile: (808) 927-1902
egalla@asbhawaii.com
(Hungarian speaking)

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Edina joins the Home Loans team with more than 16 years of experience in the mortgage industry. Previously a loan officer at another local bank, Edina is passionate about making the mortgage process easy and convenient and goes the extra mile to make her clients comfortable. Edina is committed to making dreams possible and has extensive knowledge in loan processing and loan origination. Experience, integrity and genuine desire to help clients find their dream home are just some of the reasons to choose Edina.

Edina moved to Hawaii more than 17 years ago. In her spare time, she enjoys an active lifestyle, gardening, cooking and spending as much quality time as possible with her family.

Edina is fluent in Hungarian and received her education in Hungary prior to moving to Hawaii.

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5 Ways to Protect Your Money During Inflation

ASB July 29, 2022 | 2 MIN read Personal

You may not be able to control rising gas prices or the volatility of the stock market, but now is the perfect time to take control of your finances so you can protect yourself and your family from whatever happens next. Our experts have shared 5 ways to protect your finances during high periods of inflation:

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1. Watch Your Spending and Know Where Your Money is Going

There’s no time like now to re-examine your budget. The smallest expenses can quickly add up. Determine which expenses, such as streaming subscriptions and memberships that no longer add value to your life. Cutting down on frivolous spending can help you regain control of your finances, especially during an economic downturn.

2. Consolidate Credit Card Debt

Credit card debt is overwhelming, stressful and can put a strain on your finances. If you have large balances on several credit cards, consolidating your debt into one credit card with a lower interest rate may benefit you. Look for credit cards with no (0%) or low balance transfer fees. When you consolidate your balances with this type of card, you can pay down the principal balance faster while avoiding interest.

3. Pay Down Balances with High Interest Rates

After consolidating your debt, identify the cards and accounts with the highest interest rates and begin paying off those balances first. For smaller purchases, consider using a debit card to avoid adding to the credit card balance.

4. Maximize Rewards Programs

Identify the cashback and loyalty programs that you’re a part of and maximize them to their fullest potential. Be aware of any monthly or annual fees you may be paying to access those rewards and discounts, and discontinue any programs that you’re not actively using.

5. Save Money by Buying Now

If you have extra money to spare, consider purchasing the high-priced items you’ve been looking at sooner rather than later. Cars, appliances and home improvement materials will continue to rise in price as we enter a period of rising inflation. Although inflation creates uncertainty and instability, don’t let it undermine your ability to protect your finances. Speak with one of our friendly and knowledgeable bankers today to learn how you can improve your financial position.

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Thank you for registering for our exclusive Wealth Management Seminar

We are excited to have you join our presentation on Wednesday, August 24, 2022 from 5:30 p.m. to 7:30 p.m. HST. This engaging and in-person event will be at the American Savings Bank Campus located at 300 N. Beretania Street.

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SAVE THE DATE FOR OUR WEALTH MANAGEMENT SEMINAR

Date

Wednesday, August 24, 2022

Time

  • 5:30 p.m. to 6:00 p.m.
    Pupu & Cocktails (Room Hale Ikena)

  • 6:00 p.m. to 7:00 p.m.
    Presentation (Room Kakou 1 & 2)

  • 7:30 p.m.
    Evening Concludes

Location

American Savings Bank - Campus Location
300 N. Beretania Street, Honolulu, HI 96817

Complimentary valet service will be provided. Please enter through the lobby where you will be met by our greeters and escorted to the 7th floor.

Want to be reminded? Click here to add the Wealth Management Seminar to your device's calendar.

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MEET YOUR PRESENTERS

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Baker Vitale
CFA, Director and Senior Portfolio Strategist of BlackRock Portfolio Consulting Group

Baker's service with the firm dates back to 2013. Before joining BlackRock he was a member of Neuberger Berman's Financial Institutions Group. Mr. Vitale graduated from the University of Georgia with a BBA in Finance in 2010. He is also a CFA Charterholder.

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Lynne Kinney
Principal of CKW Financial Group and CIO of CKW Global Balanced Model

Lynne is ranked in the top 5% of Morningstar’s world allocation strategy. Lynne specializes in retirement planning, client strategies, dynamic asset allocation, and investment implementation to provide overtime, risk-adjusted returns that will help clients achieve their goals. With over 25 years in the financial industry, Lynne was a Fidelity featured RIA and nominated as Wealth Management’s Top 25 Women-owned RIAs.

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Carl Choy
Principal of CKW Financial Group

Carl is a co-strategist of the CKW Global Balanced Model with Ms. Kinney. Carl focuses on estate planning, client strategies, dynamic asset allocation, and investment implementation to protect clients’ capital during volatile markets while preparing to capture incremental returns over time. With over 35 years of experience, Carl was featured as Hawaii’s #1 Advisor by Hawaii Business Magazine.

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