John Ward

John Ward

Executive Vice President &
Chief Marketing & Product Officer

John is Executive Vice President and Chief Marketing & Product Officer at American Savings Bank (ASB).

John has more than 20 years of experience in traditional and digital marketing, business development and product management in financial services and technology.

Prior to joining ASB, he held executive-level positions at digital marketing agency iQuanti Inc; Sallie Mae, the nation’s leading student loan company; and First Union National Bank, where he oversaw online banking. John also served as Chief Marketing Officer and President of Upromise, helping millions of families save for college, and Chief Marketing Officer and Executive Vice President of IDT Corp.

Passionate about mentoring future leaders and entrepreneurs, John has spoken at Mana Up, Blue Startups and Elemental Accelerator.

He is an engineering graduate of the University of Nebraska and holds an MBA from The Wharton School at the University of Pennsylvania.

eStatements - Secure
 
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SecureReduce private information being mailed to your business and have peace of mind that your documents are safely stored online for up to 24 months. Paper statements expose your account information and addresses in print, risking the possibility of others accessing this information.  To protect yourself and your information, go paperless to see your confidential information digitally.
 
 
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ConvenientWe’ll send you an email when your statement is ready to view. You may view or print statements as needed.
 
 

Sign Up for eStatements

Online Account Administrators can up for eStatements.  To sign up your accounts for estatements follow these steps after  logging into Online Banking:

  1. From the Menu, click on Settings, then click on Statement Preferences
  2. For each account, select eStatements for the Delivery Type
  3. Enter your email address for each account and click Submit. A notification will be sent to this email address when your eStatement is ready for viewing.
  4. Review the terms and conditions, then select the checkbox if you agree
  5. Click Save
  6. You will receive a confirmation message

 

Control Who Can View and Enable eStatements

Online Account Administrators can turn on and off the ability to view and enable or disable e-statements settings for other users on the online account.

Business eStatements - Security

Enable and Disable the eStatement Options for a User Role

Only the Account Administrators can take the following steps to enable and disable the estatement options for a user role.

  1. In the left side Navigation bar, Navigate to ‘Commercial’ > ‘User Roles’
  2. Select a user role and click the pencil icon to edit
  3. Select ‘Features’ from the top tabs
  4. Under the Custom Features heading, select “Online: Enable Link for eStatement Preferences” 
  5. The user can now view the ‘Statement Preferences’ tab under ‘Settings’

Allow a user role to view the estatements

Account Administrators can take the following steps to allow a user role to view the estatements.

  1. Navigate to Commercial > User Roles,
  2. Select a user role and click the pencil icon to edit
  3. Select Features from the top tabs
  4. Under Custom Features select “Online: Enable Link for eStatements” 
  5. The user can now go to Services > Statements and view the electronic statements

 

Business eStatements - Security 2

 

 

Inspired by his cultural upbringing as a native Hawaiian hula practitioner, self-taught fashion designer Manaola Yap translates Hawaiian spirituality and Hawaii’s natural beauty into prints that embody repetitious patterns found in nature.

 
 
Manaola tools

What we look for

At ASB, everybody is somebody. We hire passionate, driven and committed individuals ready to share their gifts and grow their talents. Empowering our teammates to achieve their dreams and guide them towards fulfilling futures is our goal. Below are some of the superstar qualities we look for:
  • Go All Out for Customers:

    Our #1 priority is to make banking easy for customers – period. We genuinely care about our customers and are willing to go the extra mile to earn and keep their business.

  • HOW You Do Things Matters:

    We’re an organization that not only values what we do, but how we do it. Doing things the right way might not always be the fastest or easiest way, but we act with integrity and use good judgement in everything we do.

  • Drive Change and Innovation:

    Time to think big and live outside of the box. At ASB, we love innovation and creative problem solving. We’re a team of doers: We do great things for our company, our customers and our community. It’s kind of our thing.

  • Speak Up:

    We expect every single teammate to lean in, voice opinions, collaborate and break down silos. We take risks, embrace failure and respectfully challenge the status quo so we can continue to improve, progress and grow.

  • Growth Culture:

    The sky is the limit! Eager to grow your career? Perfect. We’re eager to help you. We’re looking for teammates who take ownership of their learning and development, and we’ll provide the tools and resources to help you get there.  

 

 

Why ASB?

We Make Dreams Possible

1. We Make Dreams Possible

We take pride in helping customers at every major stage in their lives, from going to college and buying their first home, launching and growing their small business to planning for retirement.

2. Awesome Teammates

From the moment you’re hired, you’re part of the ASB Dream Team.  We are high performers and eager collaborators. We work hard to make banking easy for customers, drive innovation within our industry, and challenge the status quo. Oh, and we’re really fun to work with, too! Who said banks are boring?

Awesome Teammates
Best Places to Work

3. Best Places to Work

It takes work to have this much fun — and we’ve got the plaques to prove it. ASB has been named one of Hawaii’s best employers for 14 straight years. Perhaps it’s because our teammates use words like “unstuffy,” “rewarding,” “open” and “exciting” to describe our company culture. 

4. All About the Bennies

We offer some of the best benefits in the state that are available from your very first day of employment. In addition to our robust health care coverage, teammates love our generous paid-time off program, birthday holiday, parental leave, student loan repayment, 401K match on your start date and pet insurance, just to name a few.

All About the Bennies
Serious About Community Service

5. Serious About Community Service

Giving back to the community is part of who we are. You’ll have lots of opportunities to develop skills, meet new people and volunteer through our many Seeds of Service activities. Let’s work together to bring real impact to our community!

6. Grow With Us

The possibilities are endless for motivated individuals who are eager to work hard, learn new things, and grow with us. We offer motivated individuals stretch projects to explore different career paths and develop new skills.

Grow With Us
We Develop Strong Leaders

7. We Develop Strong Leaders

We are committed and invested in developing our rising stars. We offer skills-building and leadership development training, as well as targeting programs designed to identify up and comers and foster a positive environment of collaboration and growth.

8. Live Your Best Life

We love taking care of our teammates and we have lots of resources to do so. Our award-winning LifeBalance program focuses on improving your overall health and well-being. We offer engaging activities and challenges to help you reach your goals, weekly fitness classes and wellness tips sent right to your inbox to help you invest in your wellbeing. 

Live Your Best Life
We Develop Strong Leaders

9. Appreciation is Part of Our DNA

We know where our success comes from: YOU! Our teammates are the true champions of our company, so we make sure to celebrate, recognize and reward them all year long. From teammate appreciation month to an annual epic bank-wide party, we go all out to honor our amazing crew. 

10. The Hype is REAL

We genuinely care. We care about our teammates, we care about our customers, and we care about our community. We’ve perfected the work-hard/play-hard routine, and have an excellent reputation in Hawaii—and we plan to keep it that way. 

The Hype is REAL

 

Benefits

We value each person on our team with exceptional benefits, including:
  • Weekly Paydays - Enjoy the ease and security of a weekly paycheck.
  • Casual Dress Code - Looking good and feeling good has never been so easy.
  • Birthday Holidays - We celebrate you! Enjoy time off every year on this very important day.
  • Free On-Site Fitness Classes (at certain locations)

 

Interview Tips
 

Interview Tips

 

Awards

We match our exceptional customer experience with a teammate experience that has garnered local and national awards. ASB has been recognized locally as one of the “Best Places to Work” by Hawaii Business Magazine for 14 consecutive years and honored nationally as one of the “Best Banks to Work For” by American Banker Magazine. 

Disclosure: The foregoing information is presented as a matter of information only. As our business and customer needs change, our practices, policies and benefits may change as well. For that reason, please understand that nothing on this page should be construed as creating an employment contract, express or implied, or any other agreement between you and ASB.

  • Best Places to Work in Hawaii, Hawaii Business Magazine, 2025, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 (Finalist; 1st place WINNER in 2015), 2014, 2013, 2012, 2011, 2010
  • Great Place to Work Certified, Great Place to Work Institute, 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2016, 2015, 2014, 2011
  • America’s Greatest Workplaces, Newsweek, 2025, 2024
  • America’s Greatest Workplaces for Gen Z, Forbes, 2025
  • America’s Best In-State Banks, Forbes, 2024, 2023, 2021, 2019, 2018
  • America’s Best Midsize Employers, Forbes, 2025, 2024, 2023, 2022, 2021, 2019, 2018
  • America’s Best Employers for Women, Forbes, 2024, 2023, 2022
  • America’s Best Employers for Diversity, Forbes 2024
  • America’s Greatest Workplaces for Diversity, Newsweek, 2025, 2024
  • America’s Greatest Workplaces for Mental Wellbeing, Newsweek, 2025, 2024
  • America’s Greatest Workplaces for Gen Z, Newsweek, 2025
  • America’s Best Employers for New Grads, Forbes, 2024
  • America’s Dream Employers, Forbes, 2024
  • Most Family-Friendly Company, Hawaii Business Magazine, 2023
  • Best Places to Work for LGBTQ+ Equality, Hawaii Business Magazine, 2025, 2023, 2021
  • America’s Best-In-State Employers, Forbes, 2024, 2023
  • SBA 504 Category II – Lender of the Year Award, Small Business Administration, 2023
  • Best of HONOLULU – Best Bank, Honolulu Magazine, 2023
  • America’s Best Employers for Veterans, Forbes, 2023, 2022, 2021
  • American Heart Association Workforce Well-Being, American Heart Association, 2023 (Gold)
  • ICBA Exceptional Community Bank Service Award, ICBA Independent Banker, 2022
  • Best Banks to Work For, American Banker Magazine, 2022 (71/90), 2021 (63/90), 2020 (79/85), 2018 (77/85), 2016 (34/50), 2015 (34/50), 2014 (27/40), 2013 (List)
  • Business of Pride, Pacific Business News, 2022
  • 100 Companies That Care, PEOPLE, 2021 (98/100)
  • NAIOP Kukulu Hale Awards, NAIOP, 2021 (Distinguished Entry for Kahului Branch and Campus)
  • WELL Health-Safety Rating, International WELL Building Institute , 2024, 2023, 2022, 2021, 2020
  • AIA Design Awards, Hawaii Business Magazine, 2021 (Kalihi Branch)
  • World’s Best Bank, Forbes, 2020
  • Community Commitment Awards, American Banker Association Foundation, 2020 (Honorable Mention), 2018, 2017
  • Fit Friendly Workplace/Workplace Health Achievement, American Heart Association, 2020, 2019, 2018 (Bronze), 2015, 2014, 2013, 2012, 2011 (Gold)
  • Best Workplaces for Diversity, Fortune Magazine, 2019 (19/100), 2016 (49/500), 2015 (List)
  • Best Companies for Multicultural Women, Working Mother, 2019 (List)
  • America’s Best Employers for New Grads, Forbes, 2018
  • Healthiest Employers, Pacific Business News, 2016, 2015, 2014, 2013, 2012 (Finalist)
  • Healthiest Workplace, Hawaii Business Magazine, 2016 (1st Place), 2015, 2014, 2013
  • Psychologically Healthy Workplace, Hawaii Psychological Association, 2016 (1st Place), 2014, 2012, 2010
  • 10 Best Workplaces for Asian Americans, Fortune Magazine, 2016 (List), 2015
  • Hawaii’s Best Workplaces, Pacific Business News, 2016 (Finalist)
  • Best Workplaces for Women, Fortune Magazine, 2015 (List)
  • Best Employer, AON Hewitt, 2013 (List)


What happens once I submit an application?    
A recruiter will review your resume and if you are a fit for the role, will reach out to schedule a phone screen to get to know you more.

Who will be reaching out?    
Our ASB recruiter will be your main point of contact throughout the entire hiring process.

What if I don’t qualify?    
Even if you’re not selected for the role you applied for, our recruiters will see if there’s another role that might suit you based on your qualifications. We’ll reach out to you and present the new opportunity to gauge your interest.

How can I check the status of my application?    
You can check your application status by logging into ADP at any time.

When will you notify me about your decision?    
Whether or not you’ve been selected, we’ll typically update you within a couple of days. This may be delayed if we have several candidates interviewing for the same role because we sometimes prefer to complete the entire round of interviews before making any decisions.

Can I apply for multiple jobs?    
Yes you can! We highly encourage you to apply for the job that matches your skillset and what you would like to do. Our recruiters have an overview of all open positions and will consider you for all roles that might be a good fit. If a recruiter contacts you for a phone call, please use the time to share your unique experience and accomplishments that may not be listed on your resume so we can make sure that you will be happy in the role you are interviewing for and that it’s the right fit!

Will you let me know when a job has been filled?    
Absolutely! We are committed to keeping you informed every step of the way.

I interviewed/applied and wasn’t accepted. May I apply again?    
Yes, you may continue to apply for any position that you feel is right for you. Should you be selected for a phone interview by a recruiter, please use the opportunity to share how you feel your experience and skills will be an asset to the role.

Disclosure: The foregoing information is presented as a matter of information only. Our hiring practices sometimes change. As such, the foregoing should not be construed as creating an agreement, express or implied, between you and ASB.

Contact Us


ASB Recruitment Hotline:
(808) 538-2000
 
Please call our ASB Recruitment Hotline if you need additional assistance with searching our job openings or completing our application.

 

ASB teammates at an event

Halloween at ASB

ASB Ignite Cohort

ASB teammates at pokefest

Pickleball team for ASB

Pride Parade

ASB tent at Keiki Street Festival

Friday Soft Serve

ASB Softball Team

ASB Booth at UH Game

ASB Event

ASB teammates during the holidays

 

We make dreams possible

 

At ASB, we like to dream big. And, we’re passionate about making dreams possible for our customers, our teammates and the community.

We believe that good work happens when teammates are engaged and inspire and challenge one another to reach their full potential – because, at the end of the day, it’s not just about work; It’s about living your dream.

Women on a mountain

 

Join Our Team

 


Retail

Consumer Banking

We are not just a bunch of stuffy bankers. Our Consumer Banking teammates are ASB ambassadors and connectors who cultivate strong personal and business relationships and go above and beyond to help make our customers’ dreams possible.

From coming up with creative solutions to grow a small business, financing a first-time home loan, or providing financial planning for retirement, our friendly and professional teammates make dreams possible every day. We strive to make banking easy by being knowledgeable, responsive and anticipating our customers’ needs, and we provide an excellent experience to every single person who walks through our doors. 


Sales and Marketing

Marketing and Product Management

Join a team of creative and innovative professionals who design award-winning campaigns, featuring all the awesome products our customers want and need.

This talented team is responsible for developing new products, creating sticky advertising campaigns that resonate with customers, and analyzing data to make us better. Our Marketing and Product Management team drives new business and new opportunities for growth.


Corporate

Corporate Banking

As true partners, we are fully invested in the growth and success of our clients.

Experience, integrity and strong relationships throughout the community are just some of the reasons our team has earned such a solid reputation in Hawaii. Our trusted and knowledgeable Corporate Banking professionals offer local, national and global insight to ensure the best possible results for our business clients. We have a deep understanding of how businesses operate and what it takes to be successful in Hawaii – precisely the reason our clients turn to us for creative solutions to help grow their organization.


Retail

Technology/Information Security

More than just the Help Desk, our creative and results-oriented Tech team collaborates bank-wide with various partners to implement new products and solutions to drive high performance.

Our hands-on Technology and Information Security teams are true business partners who proactively improve our IT systems to enhance our productivity, efficiency and operations. These tech gurus play an important role in ensuring our systems and services are secure, exceed our customers’ expectations and allow them to easily bank whenever, wherever and however they choose to interact with us.


Compliance

Risk/Audit/Compliance/Legal

This team of analytic and solution-oriented professionals is second to none when it comes to protecting the bank and ensuring we have the right processes in place to deliver high performance.

These investigative superstars help mitigate risks to the bank, ensure we remain compliant with all laws, rules and regulations, and conduct regular reviews of our systems and processes to maximize performance. Our close-knit Compliance team not only works hard; they also are passionate about giving back to the community. Every year, they rack up the most community service hours at ASB and regularly participate in fun team-building activities.


Operations

Operations

Join the team that makes the magic happen behind the scenes – and has fun doing it!

Our Operations teammates from Loan Operations, Partner Operations and Customer Support Services, among others, keep us on track and moving forward. These top-notch professionals are constantly looking for ways to improve our processes, increase efficiency and make banking easy for customers.


Teammate Experience

Teammate Experience

We are the champions and protectors of ASB’s award-winning culture and we strive to create an excellent experience for all of our teammates.

Made up of our Human Resources, Learning & Development, Organizational Development & Talent Management, Corporate Real Estate and Communications teams, our job is to grow, equip and inform our 1,200 teammates so we can all focus on making banking easier for our customers. We oversee our awesome benefits, weekly payroll, training, leadership development and wellness program, along with the many other investments we make to engage and develop our team members. Our External Communications and Community Advancement team ensures we are living our vision to bring real impact to our community and does a fantastic job telling our ASB story.


Operations

Credit

With years of experience and local and national insight, our Credit teams streamline and simplify credit processes to find the best and most convenient financial solutions for our clients.

Our top-notch Credit team comprises of professionals from Commercial Credit, Commercial Credit Policy, Commercial Real Estate, Business Banking Credit, Special Assets, Retail Credit Policy, Retail Credit, Mortgage Operations and Collections. By closely collaborating with our knowledgeable Consumer Banking, Sales and Operations partners, we are able to come up with creative and effective solutions that work for both our customers and the bank. Win-win!


Operations

Finance

We do more than just accounting and balancing the budget; we are the strategists behind ASB’s strong financial performance.

Our teams, consisting of Financial Reporting, Financial Planning & Analysis, Accounting and Treasury, are experts at gleaning the stories behind the numbers. We work with partners across the bank to improve efficiency, financial performance and devise strategies to keep ASB profitable now and in the future.

Contact Us


ASB Recruitment Hotline:
(808) 538-2000
 
Please call our ASB Recruitment Hotline if you need additional assistance with searching our job openings or completing our application.

 

Halloween at ASB

ASB Ignite Cohort

Pickleball team for ASB

Pride Parade

Friday Soft Serve

ASB Softball Team

ASB Booth at UH Game

 

< Back Helpful Articles

American Savings Bank Welcomes Michael Hatchell and Alan Lee

ASB April 09, 2018 | 5 min read N/A

HONOLULU, April 9, 2018 – American Savings Bank (ASB) today announced the hires of Michael Hatchell and Alan Lee to American Insurance and Investments. Both Hatchell and Lee will serve the Honolulu area, providing insurance and investment services to local clientele.

Hatchell has worked as a financial consultant since 2011 and holds Series 6, 7 and 65 Security registrations as well as Life, Accident and Health or Sickness, Variable Life and Variable Annuities Licenses. He received a bachelor’s degree in Business Administration with a Major in Finance and a Minor in Economics from the University of Hawai‘i at Mānoa. 

Born in Tokyo, Japan, Lee is fluent in Japanese and has worked as a financial consultant since 1999. He holds Series 7, 63, and 66 securities registrations as well as Life and Health Insurance Licenses.  He is a graduate of the University of Southern California, where he received a bachelor’s degree in Business Administration.

*Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFGIS Insurance Agency), member FINRA/SIPC * Advisory services are offered through Cetera Investment Advisers LLC * Neither firm is affiliated with the financial institution where investment services are offered * Not FDIC Insured * Not Bank Guaranteed * May Lose Value * Not Insured by any Federal Government Agency * Not a Bank Deposit

About American Savings Bank

American Savings Bank (ASB) has been serving Hawai‘i’s businesses and communities since 1925 and currently provides a full range of financial products and services, including business and consumer banking, home loans, insurance and investments. ASB is one of Hawai‘i’s leading financial institutions, with e-banking services and branch locations throughout the state offering evening, weekend and holiday hours. ASB provides Hawai‘i’s consumers and businesses with more extended weekday and weekend hours than other similarly sized local banks, as well as convenient in-store branches. ASB was the first Hawai‘i bank to introduce remote-deposit capture with a mobile banking application.

ASB matches its exceptional customer experience with an employee experience that has garnered local and national awards. ASB has been recognized locally as one of the “Best Places to Work” by Hawaii Business Magazine for nine consecutive years and honored nationally as one of the “Best Banks to Work For” by American Banker Magazine. Fortune Magazine has recognized ASB as one of the 100 Best Workplaces for Women and 50 Best Workplaces for Diversity. For more than 90 years, ASB has been helping build strong communities. Through its Seeds of Service program, ASB teammates have contributed more than 36,000 hours of volunteer service, and ASB has donated millions of dollars to Hawai‘i’s nonprofits and community organizations. For more information, visit www.asbhawaii.com or follow American Savings Bank on Facebook and Instagram.

###

Media Contact

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

< Back Helpful Articles

Elisia Flores and Mike Kennedy join the bank’s Board of Directors

ASB May 15, 2018 | 5 min read N/A

American Savings Bank Welcomes New Board Members

HONOLULU, May 10, 2018 – American Savings Bank (ASB) welcomes two new members to its board of directors: Elisia Flores, Vice President and Chief Financial Officer of L&L Franchise Inc. and Mike Kennedy, President of OFX North America.

“We are excited to welcome someone of Elisia’s caliber, who has corporate experience locally with L&L Franchise Inc. and nationally with General Electric,” said Rich Wacker, ASB President and CEO. “Elisia’s deep roots in Hawai‘i combined with her extensive finance experience bring much value to our board.”

Flores, who will serve on the board’s audit committee, has more than 15 years of leadership experience in corporate finance. Prior to becoming CFO of L&L Franchise, Inc., she served in a number of senior financial management roles at General Electric (GE), building on her earlier experience as a Corporate Auditor on GE’s highly regarded Corporate Audit Staff.  Flores holds an Executive MBA from the University of California, Los Angeles, and a Bachelor of Science from the University of Southern California. She serves on the boards of Diamond Head Theatre, the Patsy T. Mink Center for Business Leadership, Family Business Center of Hawai‘i and the Kapi‘olani Community College Culinary Arts Program.

“I am proud to join the board of ASB, a financial institution I have long admired for its dedication and commitment to the people of Hawai‘i,” said Flores. “I am looking forward to being part of ASB’s continued growth and service to our community.”

Kennedy is the President of OFX North America, one of the world’s largest international payments providers. He is also the co-founder of clearXchange LLC, now known as Zelle, one of the most successful payment network operators that allows bank customers to send person-to-person electronic payments in the United States. Prior to that, Kennedy served as Executive Vice President at Wells Fargo, where he headed the bank’s Innovation and Payments Strategy group, following roles in wealth management and corporate banking.  He also held leadership roles with McKinsey & Company and Vail Associates.   

“Mike’s revolutionary work and leadership in fintech make him a welcome addition to our board,” said Wacker. “His insights will greatly support our focus on making banking easy for our customers.”

Kennedy joins the board’s risk committee. He earned his MBA from Harvard Business School and Bachelor and Master of Science degrees from Stanford University.

“I look forward to furthering ASB’s work to deliver great products and services to its customers, and its support for the communities of Hawai‘i,” said Kennedy.

About American Savings Bank

American Savings Bank (ASB) has been serving Hawai‘i’s businesses and communities since 1925 and currently provides a full range of financial products and services, including business and consumer banking, home loans, insurance and investments. ASB is one of Hawai‘i’s leading financial institutions, with e-banking services and branch locations throughout the state offering evening, weekend and holiday hours. ASB provides Hawai‘i’s consumers and businesses with more extended weekday and weekend hours than other similarly sized local banks, as well as convenient in-store branches. ASB was the first Hawai‘i bank to introduce remote-deposit capture with a mobile banking application.

ASB matches its exceptional customer experience with an employee experience that has garnered local and national awards. ASB has been recognized locally as one of the “Best Places to Work” by Hawaii Business Magazine for nine consecutive years and honored nationally as one of the “Best Banks to Work For” by American Banker Magazine. Fortune Magazine has recognized ASB as one of the 100 Best Workplaces for Women and 50 Best Workplaces for Diversity. For more than 90 years, ASB has been helping build strong communities. Through its Seeds of Service program, ASB teammates have contributed more than 36,000 hours of volunteer service, and ASB has donated millions of dollars to Hawai‘i’s nonprofits and community organizations. For more information, visit www.asbhawaii.com or follow American Savings Bank on Facebook and Instagram.

###

Media Contact

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

< Back Helpful Articles

American Savings Bank Promotes Dane Teruya to Executive Vice President, Chief Financial Officer

ASB May 16, 2018 | 5 min read N/A

Teruya joins ASB’s Management Committee, leading the Treasury, Financial Planning and Accounting teams

HONOLULU, May 16, 2018 – American Savings Bank (ASB) has promoted Dane Teruya to Executive Vice President, Chief Financial Officer. In his new role on the bank’s executive team, Teruya will support strategic initiatives and business growth while leading the Treasury, Financial Planning and Accounting teams.

“Over the past two years, Dane has brought incredible value to our finance team, managing the consistent growth of ASB’s investment portfolio while improving our overall profitability and interest rate risk,” said Rich Wacker, President  & CEO of American Savings Bank. “We are proud to welcome Dane to our executive team, and are excited to witness his continued contributions to our bank’s high performance.”

Teruya joined ASB as Treasurer in 2016 with nearly 20 years of banking experience. He previously served as Vice President and Treasury Manager at Central Pacific Bank, where he served in key roles managing the company’s investment portfolio.

“ASB has provided me with many career opportunities to date, and I am especially humbled by this opportunity to serve on its leadership team,” said Dane Teruya, Executive Vice President, Chief Financial Officer. “I am proud to work alongside such hardworking and amazing teammates at ASB, and I look forward to furthering our vision of being a bank that makes people’s dreams possible.”

Teruya is a former member of the board of directors of the YMCA of Honolulu – Nu‘uanu and previously served as board president of Honolulu Habitat for Humanity. A Punahou School graduate, he holds an Executive Masters of Business Administration and a Bachelor of Business Administration from the University of Hawai‘i at Mānoa – Shidler College of Business.

About American Savings Bank

American Savings Bank (ASB) has been serving Hawai‘i’s businesses and communities since 1925 and currently provides a full range of financial products and services, including business and consumer banking, home loans, insurance and investments. ASB is one of Hawai‘i’s leading financial institutions, with e-banking services and branch locations throughout the state offering evening, weekend and holiday hours. ASB provides Hawai‘i’s consumers and businesses with more extended weekday and weekend hours than other similarly sized local banks, as well as convenient in-store branches. ASB was the first Hawai‘i bank to introduce remote-deposit capture with a mobile banking application.

ASB matches its exceptional customer experience with an employee experience that has garnered local and national awards. ASB has been recognized locally as one of the “Best Places to Work” by Hawaii Business Magazine for eight consecutive years and honored nationally as one of the “Best Banks to Work For” by American Banker Magazine. Fortune Magazine has recognized ASB as one of the 100 Best Workplaces for Women and 50 Best Workplaces for Diversity. For more than 90 years, ASB has been helping build strong communities. Through its Seeds of Service program, ASB teammates have contributed more than 36,000 hours of volunteer service, and ASB has donated millions of dollars to Hawai‘i’s nonprofits and community organizations. For more information, visit www.asbhawaii.com or follow American Savings Bank on Facebook and Instagram.

Media Contact

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

Dane Teruya

Dane Teruya

Executive Vice President & 
Chief Financial Officer

Dane Teruya is Executive Vice President and Chief Financial Officer. He leads the Treasury, Financial Planning, Accounting and Project Management teams. His teams work across the bank to support strategic initiatives and business growth.

Teruya joined ASB as Treasurer in 2016 with 20 years of banking experience. He previously served as Vice President and Treasury Manager at Central Pacific Bank, where he served in key roles managing the company’s investment portfolio, including interest rate and liquidity risk.

An active member of the community, Teruya is on the board of directors of Aloha United Way and Hawaiian Island Water Polo. He is also a former member of the board of directors of the YMCA of Honolulu – Nuuanu and previously served as board president of Honolulu Habitat for Humanity.

A Punahou School graduate, he holds an Executive Masters of Business Administration and a Bachelor of of Business Administration from the University of Hawaii at Manoa – Shidler College of Business.

WHAT DO YOU NEED TO OPEN A BUSINESS ACCOUNT?

American Savings Bank will need to collect the following information of the beneficial owner of 25% or more/person with significant control:

  • Full Name
  • Home Address
  • Date of Birth
  • Social Security Number
  • Government Issued ID

 

Your Social Security Number is needed for a Sole Proprietor business account, or Employer Identification Number for all other ownership types and legal entity business accounts.

 

DOCUMENTS NEEDED TO OPEN A BUSINESS ACCOUNT:

Sole Proprietor

 

General Partnership

 

Limited Partnership or Limited Liability Partnership (LLP)


  •    OR   
       OR   

 

Limited Liability Company (LLC)


  •    OR   

 

Corporation


  •    OR   

 

Unincorporated Organization

 

Trust

 

Estate

 

Other Fiduciary (Guardian, Administrator, Custodian or Conservator)

 

Political Organization

For State of Hawaii Position:

  •  OR 

For Federal Position:

 


Common Questions:

What is a Beneficial Owner?
1.  Each person, if any, who owns, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interest of the business

2.  A person with significant responsibility for managing the business (e.g., a Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President, or Treasurer)
What information has to be provided?
You will need to provide the full name, home address, date of birth, Social Security number and government issued identification for each beneficial owner. If a beneficial owner is not present at account opening, a copy of the identification will need to be provided with the completed beneficial owner certification form.
Who has to complete a Business Certification of Beneficial Owner(s) form?
The form must be completed by the person opening a new business account on behalf of a legal entity. A legal entity includes a corporation, Limited Liability Company, a general partnership, or any other entity that is created by filing a public document with a Secretary of State or similar office.

The form would not need to be completed by sole proprietorships, certain unincorporated organizations and trusts or individuals opening accounts for their personal use.
Where do I find the form?
You can find a fillable and printable copy of the form here.
Do all businesses have to fill out the beneficial owner form?
No, Sole Proprietors, Unincorporated Associations or Organizations and Trusts are exempt from this rule.
Do all beneficial owners have to be present when opening the new account?
No, if the beneficial owner cannot be there to open the account, a copy of the ID must be brought in with the beneficial owner form.

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