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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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HIGHER EDUCATION DREAMS!

Here are a few ways American Savings Bank can help finance college and keep you financially fit every step of the way.

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Take the Stress Out of Paying for College with College Ave®

  • Apply in 3 minutes online from any device with no application fee.

  • Customize your loan to fit your financial needs and goals.

  • Access free resources and tools to guide you every step of the way through your higher education journey.

Open a Checking or Savings Account

  • Find a variety of checking and savings account options.

  • Checking accounts come with a contactless debit card. Pay in a matter of seconds wherever you see the contactless symbol. Plus, use mobile wallet for convenient way to pay on-the-go.

  • Save time with less trips to the bank by setting up direct deposit to any checking account. 

Take our Free Financial Education Courses

  • Topics include everything from paying for college to budgeting in a 529 college savings plan.

  • Each topic takes 5 minutes to complete.

  • Our playlist is designed to help students improve their financial future.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment and/or financial advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Visit one of our branches today to learn how we can help you with your finances.

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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.
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  • 7:30 p.m.
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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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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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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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How to Buy a Home Despite High Interest Rates

ASB July 12, 2022 | 2 MIN read Personal

Don’t let rising interest rates and an uncertain market environment deter you from making your homeownership dreams a reality. Michelle Luxton, vice president and executive residential loan officer, shares quick tips on how to navigate the competitive home buying process in any market.

 

Tip #1: The Best Time to Buy a Home is Now!

Higher interest rates might price out other potential homebuyers, resulting in less competition and more opportunity to make an offer on the Hawaii home of your dreams. Historically, home prices in Hawaii have continued to increase each year so waiting for significant price drops may not be the best solution. Chances are prices will continue to rise.

Determine a comfortable budget by using our quick and easy online calculators.

Tip #2: Find a Mortgage Financing Option That Fits Your Goals

Compare different mortgage financing options to find one that best fits your needs and goals. Fixed-rate and adjustable-rate mortgage loans can offer various benefits when it comes to your monthly principal and interest payments. At American Savings Bank, we offer a wide range of tools and resources to help you find the right solution:

  • Fixed-Rate Mortgages offer a fixed interest rate for the entire term of the loan resulting in an interest rate that does not fluctuate with market conditions.

  • Adjustable-Rate Mortgages offer lower initial payments and an introductory fixed rate period (often 7 or 10 years). After the fixed period, the rate and monthly principal and interest payments will generally change annually or semi-annually based on the terms of the loan and market conditions.

“Understanding the difference between mortgage interest rates and annual percentage rates can help you choose the best loan products that are right for you,” says Luxton.

Rising interest rates and a volatile market may cause uncertainty for potential home buyers, but at American Savings Bank, we can help you navigate the numerous mortgage options available and put you on the path towards achieving your Hawaii homeownership dreams.

Speak with one of our experienced home loan officers to get started today.

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How to Find the Right Mortgage For You

ASB June 28, 2022 | 2 MIN read Personal

With so many financing options available, shopping for a mortgage in today’s competitive real estate market requires experience and expertise. That’s where we can help. In honor of National Homeownership Month, Reyn Sugai, vice president and executive residential loan officer, shares quick tips on how to select the right mortgage based on your budget and goals.

 

Tip #1: Get Started With a Mortgage Prequalification Letter

A prequalification letter from a financial institution prepares you to shop for a dream home within your budget. At American Savings Bank, getting pre-qualified is fast, convenient and the online application process only takes about 20 minutes.

Tip #2: Ask About Mortgage Loan Options That Fit Your Needs

We know that there’s no one-size-fits all when it comes to mortgage loans. Our friendly and knowledgeable home loans team is here to help you find personalized solutions that will help you make your Hawaii homeownership dreams possible. Here are a few of our most popular mortgage programs:

There’s no one-size-fits-all when it comes to mortgage loans, especially in an uncertain market environment. Fixed rate and adjustable rate mortgage loans can offer various benefits when it comes to your monthly principal and interest payments.

  • First Time Home Buyers Loan: those who are looking to purchase their first home may qualify for a smaller down payment and receive exceptional tax benefits through a First Time Home Buyers Loan.

  • Veteran Affairs (VA) Loan: active or retired military and their eligible surviving spouses may be eligible to purchase a home and receive better financing rates generally.

  • Jumbo Loan: potential homeowners that would like to finance over $970,800 can qualify for a Jumbo Loan and possibly receive lower interest rates

  • Adjustable-Rate Mortgages (ARM): secure a low introductory fixed-rate period (often 7 or 10 years), which results in lower initial payments. After the promotional period, the rate and monthly principal and interest payments will generally change annually or semi-annually based on the terms of the loan and market conditions.

  • Construction & Vacant Land Loan: secure the land you need and build your dream home from the ground up using a Construction & Vacant Land Loan.

Whether you’re a first time home buyer or a seasoned real estate investor, we’ve got the right tools, resources and support to help achieve your dream of reaching your next financial milestone.

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Quick Tip Tuesday: Expand Your Business by Offering More Ways to Pay

ASB June 07, 2022 | 1 MIN read Business

Digital technology has given customers a lot more flexibility in how they can pay and has also made the process significantly less complicated for business owners. Cliff Kaneshiro, vice president, west regional executive, shares quick tips on how you can grow your business and meet your customers’ needs by offering more ways to pay.

Tip #1: Provide Customers With the Option to Pay Digitally

Attract new and returning customers by providing easy and convenient digital payment solutions. Gone are the days when cash was king. Today, if you aren’t offering your customers digital ways to pay, you could be missing out on a big portion of revenue.

“Giving your customers the ability to quickly and conveniently pay using a mobile wallet or tap-to-pay feature can help save them time in line and save you trips to the bank,” says Kaneshiro.

Customers will appreciate the ability to use quick payment options, which gives them more reason to return to your business.

Tip #2: Take Advantage of Additional Card Processing Benefits

With a Card Processing Services account, you’ll be able to make it easier for customers to pay and support your business. You’ll also be able to take advantage of accounting software, secure contactless payment acceptance within seconds, a shift scheduling app and more!

Contact https://www.asbhawaii.com/business/sales one of our friendly and knowledgeable Hawaii business bankers to learn more about how you can take your business to the next level.

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