American Savings Bank recognized as one of the Best Banks to Work For in 2014
ByASB October 28, 2014 | 5 min read News Releases
HONOLULU, HAWAII — For the second year in a row, American Banker and Best Companies Group have named American Savings Bank (ASB) one of the Best Banks to Work For in 2014. In total, only 40 banks across the nation achieved “Best Bank” status, ASB was number 27 in the overall ranking and number 4 in the category for banks with $3 billion to $10 billon of assets. ASB was the only Hawaii bank to make this list. The full Best Banks to Work For list will be featured in the November issue of American Banker Magazine.
Determining the Best Banks to Work For involved a two-step process. The first step consisted of evaluating ASB’s workplace policies, practices, and demographics. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to the workplace. The combined scores determined the top banks and the final ranking.
“We are priviledged to have such extraordinary teammates whose hard work and dedication have made ASB one of the best banks to work for in the nation,” said Rich Wacker, President and CEO of American Savings Bank.
ASB believes taking care of teammates is a top priority. Team members enjoy benefits such as weekly paydays, generous paid time off, birthday holiday, profit sharing, casual attire, tuition assistance, discounted gym memberships, and ASB’s LifeBalance wellness program.
Since 1925, ASB has served Hawaii’s businesses and communities by providing a full range of financial products and services including business and consumer banking, home loans, insurance, and investments. ASB is one of Hawaii’s leading financial institutions, with online and mobile banking services and branch locations statewide offering evening, weekend and holiday hours. For five consecutive years, ASB has been named one of Hawaii Business Magazine’s “Best Places to Work.” For over 85 years, ASB has been helping build strong communities. Through the Seeds of Service program, ASB team members have contributed more than 16,000 hours of volunteer service, and the bank has given millions of dollars to Hawaii schools, non-profits and community organizations.