News Archive
Stories
ASB Awards $140,000 to Winners of 2022 Bank for Education KeikiCo Business Plan Competition
Thursday, December 22, 2022American Savings Bank (ASB) announced the winners of its 2022 Bank for Education KeikiCo Business Plan Competition. Nearly 400 students grades 3 to 12...
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American Savings Bank Celebrates Newly Renovated Hilo Branch
Monday, November 21, 2022American Savings Bank (ASB) celebrated the completion of its Hilo branch renovation project at a private blessing ceremony on Monday, Nov. 21. The con...
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ASB Distributes Thanksgiving Pies to 1,100 Teammates Across the State at “Pumpkin Pie Drive By”
Sunday, November 20, 2022American Savings Bank (ASB) hosted a statewide Thanksgiving drive-thru for its 1,100 teammates across the state on Sunday, Nov. 20, as part of its ann...
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How to Start Saving Money for a House
Thursday, November 17, 2022When you spend your leisure time flipping through Zillow® and scrolling around decor inspo on Instagram, it can seem like actually saving up enough mo...
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What Are Mortgage Points?
Tuesday, November 08, 2022Mortgage points are one of the most often-referenced (and most confusing) parts of the mortgage conversation.
Mark James, vice president an...
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Tips on Taking Out Private Loans for College
Tuesday, November 01, 2022Resources and content provided by College Ave Student Loans
If you’re planning on going to college, you might need to take out private student loan...
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Student Loan Credit Pre-Qualification
Tuesday, November 01, 2022Resources and content provided by College Ave Student Loans
“Will I be approved? What rates can I expect?” These thoughts have probably run through...
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What is a Private Student Loan Cosigner? And Why Do I Need One?
Monday, October 31, 2022Resources and content provided by College Ave Student Loans
When it comes to the total cost of college, a private student loans can help fill in ga...
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Banking is Easy and Convenient with ASB’s ATMs
Thursday, October 27, 2022At American Savings Bank (ASB), we’re always looking for ways to make banking easy and convenient for customers. Valerie Wada, branch manager at the K...
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ASB Teammates Volunteer Across the State on National Make a Difference Day
Tuesday, October 25, 2022American Savings Bank (ASB) teammates on four islands came together on Saturday, Oct. 22, which is National Make a Difference Day, to bring real impac...
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Stay Alert with #BanksNeverAskThat Tips and Tools
Monday, October 03, 2022At American Savings Bank (ASB), we’re committed to making banking easy and safe for our customers. With October being National Cybersecurity Awareness...
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ASB Donates $129,000 of Unused Hawaiʻi Restaurant Card Business Holiday Card Funds to Three Local Nonprofits
Thursday, September 22, 2022American Savings Bank (ASB) announced it is donating $129,000 in unused funds from the Hawaiʻi Restaurant Card (HRC) Business Holiday Card program. Th...
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ASB Supports Honolulu Little League World Series Champions with $12,000 Donation and a Two-Day Celebration
Wednesday, September 07, 2022American Savings Bank (ASB) proudly supported the Honolulu Little League World Series (HLLWS) team in their quest to become this year’s Little Leagu...
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5 Ways to Protect Your Money During Inflation
Friday, July 29, 2022You 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 s...
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How to Buy a Home Despite High Interest Rates
Tuesday, July 12, 2022Don’t let rising interest rates and an uncertain market environment deter you from making your homeownership dreams a reality. Michelle Luxton, vice p...
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What Is a Parent Loan?
Wednesday, July 06, 2022Resources and content provided by College Ave Student Loans
A parent loan is money a student’s parent or guardian borrows to help pay for...
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Student Loan Interest Rate vs. APR: What's the Difference?
Wednesday, June 29, 2022Resources and content provided by College Ave Student Loans
A student loan interest rate and a student loan annual percentage rate (APR) are simila...
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Prepare for Rising Mortgage Rates: Tips for Home Owners, Home Buyers and Investors
Wednesday, June 29, 2022Market volatility and rising mortgage interest rates can cause uncertainty for home owners and those looking to buy, but with the right tools, resourc...
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How to Find the Right Mortgage For You
Tuesday, June 28, 2022With so many financing options available, shopping for a mortgage in today’s competitive real estate market requires experience and expertise. Tha...
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Student Loans 101: How Do Student Loans Work?
Monday, June 27, 2022Resources and content provided by College Ave Student Loans
If you’re thinking about taking out a student loan to help pay for colleg...
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American Savings Bank Donates More Than $360,000 to Help Nonprofits and Community Recover From Pandemic
Wednesday, June 15, 2022American Savings Bank's (ASB) 2022 Kahiau Giving Campaign raised $362,043, which will allow local community organizations to continue providing critic...
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Quick Tip Tuesday: Expand Your Business by Offering More Ways to Pay
Tuesday, June 07, 2022Digital technology has given customers a lot more flexibility in how they can pay and has also made the process significantly less complicated for bus...
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NASA Astronaut Visits Hawaii Schools and Teaches Students to Dream Big
Tuesday, May 31, 2022NASA Astronaut Dr. Michael Barratt visited three of American Savings Bank’s (ASB) Bank for Education Ohana Schools to talk to students grades K-5 abou...
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American Savings Investment Services Wealth Advisors Named 2022 Cetera Circle of Excellence Honorees
Tuesday, May 03, 2022Three American Savings Investment Services wealth advisors, Angela Chow, Kanani Miyahira and Natalia Peters, were recently named 2022 Cetera Circle of...
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American Savings Bank Announces 2021 Community Impact Contributions
Friday, February 18, 2022American Savings Bank (ASB) announced its charitable contributions for the 2021 calendar year. In total, more than $1.5 million was donated to the com...
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Home Equity in Hawaii: How and When to Use It
Thursday, December 02, 2021With home values in Hawaii on the rise, your home's equity could be worth more than you thought. Equity in your home is the amount of the property tha...
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What a Business Credit Card Can Do for You
Monday, November 29, 2021As a business owner, managing your cash flow is probably one of your biggest priorities. Many business owners find that they need extra cash to cove...
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Credit Cards vs. Debit Cards - What's the Difference?
Monday, November 15, 2021Credit and debit cards often look nearly identical at first glance. When someone pulls a card out in the checkout line, you may not know if they’re us...
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Choosing the Right Credit Card for You
Tuesday, November 09, 2021Are you in the market for a new credit card? With all the options available, it’s hard to know which one is right for you. At American Savings Bank, w...
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#ASBPride: Ryan's Story - The Power of Our Voices
Monday, October 25, 2021Honolulu Pride Month is coming to an end but our support for teammates and customers with diverse backgrounds and sexual orientations continues year-r...
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#ASBPride: Manaola’s Story – The Search for Happiness
Monday, October 18, 2021At American Savings Bank, we embrace and support customers and teammates from all backgrounds and sexual orientations. This diversity provides us with...
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#ASBPride: Elisia’s Story – Returning Home with Pride
Thursday, October 14, 2021American Savings Bank is committed to creating a diverse, respectful and inclusive company for our teammates and customers. We want people from all wa...
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Be Aware of Ransomware
Wednesday, October 13, 2021Ransomware is a form of malware designed to hold a victim’s files and device hostage until they’ve paid the demanded ransom. We’re here to help you le...
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Step Up Your Game with These Cybersecurity Tips
Friday, October 08, 2021With October being National Cybersecurity Awareness Month, Levi Carias, Director of Information Security, joins HI Now Daily to share tips and onlin...
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#ASBPride: John's Story - Embracing Your Pride
Friday, October 01, 2021At American Savings Bank, individuals from all backgrounds, interests and sexual orientations are celebrated and supported. It’s important that we cre...
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Free Vaccination Clinics at Aala Park on Sept. 12 and Oct. 3
Thursday, September 09, 2021ASB is committed to doing our part to stop the spread of COVID-19 in the community. We are partnering with Hawaii Pacific Health to host two FREE COVI...
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Getting Started with Clean Energy Financing
Monday, August 30, 2021More and more homeowners in Hawaii are choosing to go green when powering their homes. Installing solar or other clean energy systems to power your ho...
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Boost Your Financial Health – Take Our Enhanced Financial Checkup!
Thursday, August 26, 2021Living in paradise isn’t cheap. On top of everyday expenses such as buying groceries and filling up gas, it may seem impossible to save enough money t...
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Do You Have Enough Home Equity in Your Home to Refinance?
Monday, August 23, 2021Do you want to refinance your mortgage? Whether you want to lower your interest rate or get rid of mortgage insurance, you’ll likely need to have equi...
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Moving to Hawaii? 5 Tips for Purchasing a Property in Hawaii
Tuesday, August 17, 2021Hawaii draws new residents from across the country and around the world with its warm beaches, rich and historic culture, and sun-soaked weather. Howe...
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Banking Basics for Teens
Monday, August 16, 2021PICTURE THIS: You’re about to start a summer job and your boss asks you for your bank information so you can deposit your paycheck right into your ban...
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American Savings Bank Opens Kapaa Digital Center
Monday, August 09, 2021American Savings Bank held a blessing ceremony today at its Kapaa Digital Center, located at 4-831 Kuhio Highway, Suite 150. This is the fourth and fi...
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Make Banking Easy With ASB Mobile Banking
Wednesday, August 04, 2021We’re on a mission to make banking easy for customers anytime, anywhere. Ari Haiola, Consumer Product Strategy Analyst, recently joined HI Now Daily t...
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Buying a Condo in Hawaii: What to Think About When Purchasing Your Vacation Home
Monday, August 02, 2021Sparkling blue water, soft sand beaches, and exciting local culture make Hawaii a go-to destination for vacationers from around the world. Maybe you’v...
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Detect and Deflect Identity Theft
Wednesday, July 28, 2021Identity thieves are continuously finding new ways to steal your information, but we can help you remain one step ahead and avoid their tricks. Identi...
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How to Calculate the Equity in Your Hawaii Home
Monday, July 26, 2021Your home’s equity is the difference between what you owe on your mortgage and what your home is currently worth. In Hawaii, many homeowners decide to...
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Budgeting Tools to Help You Get Started
Thursday, July 22, 2021Do you want to have more control over your finances? Are you looking for a way to make reaching financial goals easier? There’s no magic wand when i...
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New Honolulu Walmart Digital Center Open
Friday, July 16, 2021Customers can complete all of their cash transactions, including deposits, withdrawals, balance inquiries, and more at the full-service multi-denomina...
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Meet Our Newest Lo‘i Gallery Artists
Friday, July 16, 2021American Savings Bank’s Lo‘i Gallery is proud to introduce three new talented artists, each offering a unique perspective of and homage to the peopl...
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Breaking Down Different Types of Bank Accounts
Tuesday, June 22, 2021Opening a bank account is one of the most important decisions you can make, so it's important to have all the facts. Lance Masuda, Director of Custome...
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Online Banking vs. Traditional Banking: What's the difference?
Thursday, June 10, 2021The rise of technology in recent years has also led to new ways to bank — online via web browsers and smartphone applications. Online banking has beco...
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Unlocking the Benefits of a CD (Certificate of Deposit)
Monday, June 07, 2021Savings accounts aren’t the only option you have when saving for the future. A Certificate of Deposit (CD) can also help you reach your goals. CDs com...
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ASB Is Proud to Celebrate National LGBTQ Pride Month
Tuesday, June 01, 2021Happy National LGBTQ Pride Month! We’re proud to support the LGBTQ community all year long – including during National LGBTQ Pride Month every June an...
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Comparing Mortgage Rates in Hawaii
Thursday, May 27, 2021Shopping for a home in Hawaii? Comparing mortgage rates is an important step in the home buying process. A lower interest rate could potentially sav...
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Do Checking Accounts and Savings Accounts Impact Your Credit Score?
Monday, May 24, 2021In short, checking and savings accounts (e.g., deposit accounts) do not impact your credit score. But, that doesn’t mean you should neglect your depos...
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Checking Accounts vs. Savings Accounts: What's the Difference?
Wednesday, May 19, 2021Both checking and savings accounts come with features that can benefit your financial health. Unsure what the difference is, or what’s right for you...
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The Ins & Outs of Business Loans
Monday, May 17, 2021Are you a business owner? A business loan can help you to cover unexpected expenses, explore a new market or grow your company. No matter what your dr...
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How to Save for Your Business
Friday, May 14, 2021Owning your own business is exciting, but navigating the financial pieces can be challenging. Separating your business and personal expenses can hel...
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American Savings Bank Promotes David Oyadomari to Executive Vice President, Customer Experience & Operations
Wednesday, May 12, 2021American Savings Bank has promoted David Oyadomari from Senior Vice President, Director of Customer Experience to Executive Vice President, Customer E...
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Managing Debt in College and Beyond
Monday, May 10, 2021The cost of higher education continues to be on the rise, with student loan debt becoming increasingly common among younger generations. Learning ho...
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Are You a Business Owner? Why You Need a Business Checking Account
Friday, May 07, 2021Are you starting up a new business? We’re here to help! One of the ways we help businesses manage their finances is by offering different types of bus...
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American Savings Bank President and CEO Rich Wacker Announces His Departure; Executive Vice President of Operations Ann Teranishi Named as Wacker’s Successor
Thursday, May 06, 2021American Savings Bank (ASB) announced today that President and Chief Executive Officer Rich Wacker will leave the company to pursue other interests. T...
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Tips to Manage Your Credit
Thursday, May 06, 2021Understanding your credit score and figuring out how to improve your credit may sometimes feel daunting, but it’s something that’s necessary, as it ca...
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Benefits of a Business Banker
Monday, May 03, 2021Running a small business often means wearing many hats: you might be the founder, head of marketing, human resources manager and IT department of your...
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Get to Know Personal Loans
Wednesday, April 28, 2021Do you have a major purchase coming up, need to pay off debt or have an unexpected expense? A personal loan could help you to cover these costs by spr...
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Armor Up Against Identity Fraud
Monday, April 26, 2021Fraudsters these days are more conniving and persuasive than ever before. But, you can keep your identity and your finances secure all year round by s...
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Investing in Your Financial Future
Friday, April 23, 2021Investment planning is often one of the most stressful parts of planning for your financial future. You might be worried about potential market volati...
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Personal Loans vs. Personal Line of Credit (PLOC): What's the Difference?
Wednesday, April 14, 2021Have you ever needed extra cash? Most of us have at some point, whether planning a family vacation or having your car breakdown suddenly. Being able t...
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Understanding Interest Rates
Monday, April 12, 2021You might have heard about interest rates but do you really know what they are and how they can help your finances? You might know that interest is th...
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Using a Mortgage Calculator
Friday, April 09, 2021Are you thinking of buying a home in Hawaii? Whether you’re a first time home buyer or are seeking to downsize in retirement, estimating your mortgage...
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What's the Difference Between a Home Equity Line of Credit (HELOC) and Refinancing?
Tuesday, April 06, 2021Living in Hawaii isn’t cheap, which makes purchasing a home in Hawaii a huge financial milestone for many. In addition to making your most valuable me...
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Celebrate Financial Literacy Month with These Useful Tips
Thursday, April 01, 2021April marks National Financial Literacy Month – a time when financial institutions like American Savings Bank help you to learn more about how you can...
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ASB Stands with Asian American and Pacific Islanders
Tuesday, March 30, 2021We are deeply troubled and saddened by the rise in verbal harassment, senseless mistreatment and violent hate crimes targeted at Asian Americans and P...
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12 Years as a Best Places to Work in Hawaii!
Monday, March 29, 2021American Savings Bank has been named a Hawaii Business Magazine Best Places to Work for the 12th year in a row. This statewide recognition is based on...
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10 FAQS About Our Current Economy
Friday, March 26, 2021The COVID-19 pandemic has made many unforeseen impacts on the United States economy, from nationwide unemployment to the affects it has had on trave...
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ASB Earns Great Place to Work® Certification
Thursday, March 18, 2021
This month, American Savings Bank was officially certified a Great Place to Work®, a designation awarded to the top companies around the world...
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Meet Our Newest Lo‘i Gallery Artists
Wednesday, March 17, 2021After a brief hiatus, ASB’s Lo‘i Gallery is back with three talented local artists, each representing a unique medium inspired by the people and natur...
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Are you working from home? Here's how to save money while doing so
Wednesday, March 10, 2021The COVID-19 pandemic has led many workplaces around the world to transition employees to remote work. While working from home can be an exciting chan...
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Achieve Your Dreams with ASB Financial Education
Tuesday, March 02, 2021We’re committed to helping our customers and the community improve their financial wellness with the launch of the ASB Financial Education program – a...
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Saving at Any Age
Wednesday, February 24, 2021Saving is an important step toward overall financial health. From a child’s first account to retirement planning, good savings habits can help you t...
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Why you should get life insurance early
Wednesday, February 17, 2021Life insurance isn’t something young adults consider an immediate need. You might understand the benefit of having a life insurance policy when you’re...
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The 411 on the Earned Income Tax Credit (EITC)
Friday, February 05, 2021Note: This post shares information relevant to tax filers. Consult your tax advisor for information regarding your individual situation.
Have y...
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On-the-Go Banking Tips
Tuesday, February 02, 2021The latest advances in banking technology have made everyday tasks like shopping, running errands and sharing a meal with friends and family safer and...
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Our Community Impact in 2020
Tuesday, January 26, 20212020 was a challenging year for many, with the drastic impacts the COVID-19 pandemic had on the economy and our local community. Many individuals an...
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How to Stay Safe and Secure Online This Year
Monday, January 25, 2021From working from home to distance learning, many of us are online more than ever before due to the global pandemic. With more time online comes mor...
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Making Home Loans Easy – Our New Online Mortgage Application
Tuesday, January 12, 2021
From shopping to schoolwork, much of what we normally do in person has gone digital due to the pandemic. Now, with the latest technology from Americ...
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How to Deal with the Financial Impacts of a Job Loss or Pay Cut
Monday, January 11, 2021Unemployment is at an all-time high due to economic impacts of the COVID-19 pandemic. In August 2020, Hawaii had the country’s highest “insured unempl...
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