Converting your IRA may have significant tax consequences. Before you take this step, be sure to consult with a tax professional.

If you are retiring or changing jobs, ask your employer to arrange for a "direct rollover" of your money into a new IRA account with us, and you won’t pay the mandatory 20% withholding tax.

You can also do an IRA-to-IRA rollover. Complete the rollover within 60 days from the date you receive the assets from your old IRA to qualify. Just go to your financial institution and close your IRA, then bring the check to us. The IRS limits the number of these rollovers to one in a 12-month period.

Contributions into a traditional IRA can be tax deductible and can lower your taxable income. Your earnings also grow tax deferred¹. However, contributions are not tax-deductible with a Roth IRA. For more information, visit our Personal IRAs Comparison page.

Traditional IRAs or Roth IRAs are considered Bank IRAs when you put your funds into a savings or CD account. These IRAs are offered through American Savings Bank branches and are FDIC-insured.

Traditional IRAs or Roth IRAs are considered Brokerage IRAs when you put your funds into investments such as mutual funds, stocks and bonds through a broker-dealer and are tailored to your preferred investment strategy.

Make an appointment with a banker to learn more.

Yes there are annual contribution limits for a Traditional and Roth IRA.

Traditional and Roth IRAs have early withdrawal penalties that depend on the specific account terms. Also, withdrawals made before 5 years and before the age of 59 1/2 may be subject to an additional IRS penalty. 

For a traditional IRA, you must begin to take distributions by April 1^st of the year after you become 72 years old. A Roth IRA has no distribution requirements while you're alive, but beneficiaries will be subject to distribution rules after you pass. 

If you are retiring or changing jobs, ask your employer to arrange for a "direct rollover" of your money into a new IRA account with us, and you won’t pay the mandatory 20% withholding tax.

You can also do an IRA-to-IRA rollover. Complete the rollover within 60 days from the date you receive the assets from your old IRA to qualify. Just go to your financial institution and close your IRA, then bring the check to us. The IRS limits the number of these rollovers to one in a 12-month period.

Converting your IRA may have significant tax consequences. Before you take this step, be sure to consult with a tax professional.

A Traditional IRA or Roth IRA are considered Bank IRAs when you put your funds into a savings or CD account. These IRAs are offered through American Savings Bank branches and are FDIC-insured.

A Traditional IRA or Roth IRA are considered Brokerage IRAs^† when you put your funds into an investment such as mutual funds, stocks and bonds. These IRAs are offered through American Savings Investment Services, are not FDIC-insured and are tailored to your preferred investment strategy. Contact a Financial Advisor to learn more about what products may fit your needs.

Contributions into a traditional IRA can be tax deductible and can lower your taxable income. Your earnings also grow tax deferred¹. However, contributions are not tax-deductible with a Roth IRA. For more information, visit our Personal IRAs Comparison page.

Traditional and Roth IRAs have early withdrawal penalties that depend on the specific account terms. Also, withdrawals made before 5 years and before the age of 59 1/2 may be subject to an additional IRS penalty. 

For a traditional IRA, you must begin to take distributions by April 1^st of the year after you become 72 years old. A Roth IRA has no distribution requirements while you're alive, but beneficiaries will be subject to distribution rules after you pass. 

• Bank IRAs:

  • Offered through American Savings Bank

  • FDIC-insured accounts

  • Fixed CD term or Savings available

  • Available through branches

• Brokerage IRAs^†:

  • Offered through American Savings Investment Services

  • May invest in stock, bonds, mutual funds and annuities

  • Tailored to your investment strategy

  • Not FDIC insured

Contact a Financial Advisor to learn more about what products may fit your needs.

Contributions into a traditional IRA can be tax deductible and can lower your taxable income. Your earnings also grow tax deferred. However, contributions are not tax-deductible with a Roth IRA. For more information, visit our Personal IRAs Comparison page.

Yes there are annual contribution limits for a Traditional and Roth IRA. Talk with a Financial Advisor to learn more.

Traditional and Roth IRAs have early withdrawal penalties that depend on the specific account terms. Also, withdrawals made before 5 years and before the age of 59 1/2 may be subject to an additional IRS penalty. 

For a traditional IRA, you must begin to take distributions by April 1^st of the year after you become 72 years old. A Roth IRA has no distribution requirements while you're alive, but beneficiaries will be subject to distribution rules after you pass. 

• Bank IRAs:

  • Offered through American Savings Bank

  • FDIC-insured accounts

  • Fixed CD term or Savings available

  • Available through branches

• Brokerage IRAs^†:

  • Offered through American Savings Investment Services

  • May invest in stock, bonds, mutual funds and annuities

  • Tailored to your investment strategy

  • Not FDIC insured

Contact a Financial Advisor to learn more about what products may fit your needs.

Contributions into a traditional IRA can be tax deductible and can lower your taxable income. Your earnings also grow tax deferred. However, contributions are not tax-deductible with a Roth IRA. For more information, visit our Personal IRAs Comparison page.

Yes there are annual contribution limits for a Traditional and Roth IRA. Talk with a Financial Advisor to learn more.

Traditional and Roth IRAs have early withdrawal penalties that depend on the specific account terms. Also, withdrawals made before 5 years and before the age of 59 1/2 may be subject to an additional IRS penalty. 

For a traditional IRA, you must begin to take distributions by April 1^st of the year after you become 72 years old. A Roth IRA has no distribution requirements while you're alive, but beneficiaries will be subject to distribution rules after you pass. 

The Moneyhune Savings account is especially designed for keiki under the age of 18. It can be converted to a Statement Savings account when the individual turns 18 years old. We also have investment and savings accounts used for education. Speak to a Financial Advisor for more information.

Both a Biz Money Market^SM account and Biz Tiered Savings account pay higher interest for higher balances. The Money Market account provides the ability to write checks. Compare All Business Savings Accounts.

A checking account is considered dormant at 12 months of inactivity and a savings account is considered dormant at 36 months of inactivity. While your account is dormant, you will not be able to access the ATM or use your debit card at point-of-sale (POS) terminals.

You may set up recurring transfers using the Automatic Payments and Transfers form. You may also make online transfers using Online Banking for Business or deposit funds to your savings account at any full service ATM/branch.

We offer options for domestic and foreign wire transfers. Visit a branch or call the Customer Banking Center at (808) 627-6900 or our toll-free number at (800) 272-2566 for assistance. Download Wire Transfer Request form.

Yes, each business checking account requires a minimum opening deposit. Visit our business checking account comparison page to learn more.

Yes, you are provided with a Visa^® Business Debit Card with your checking account.

A checking account is considered dormant at 12 months of inactivity and a savings account is considered dormant at 36 months of inactivity. While your account is dormant, you will not be able to access the ATM or use your debit card at point-of-sale (POS) terminals.

Yes, each business checking account requires a minimum opening deposit. Visit our business checking account comparison page to learn more.

Yes, you are provided with a Visa^® Business Debit Card with your checking account.

A checking account is considered dormant at 12 months of inactivity and a savings account is considered dormant at 36 months of inactivity. While your account is dormant, you will not be able to access the ATM or use your debit card at point-of-sale (POS) terminals.