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TAG: American Savings Bank
November 04, 2015

SBA Shatters State Lending Records in FY ’15 

The US Small Business Administration's Hawai‘i District Office has reported a stunning 57% increase in the number of loans to small firms in Hawai‘i, Guam and American Samoa for Fiscal Year 2015 compared to 2014.
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December 10, 2014

Maui Target Drives Increased Sales at A&B Business Park

Alexander & Baldwin, Inc. announced the recent close on three sales at its Maui Business Park II project near the Kahului Airport.
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December 04, 2014

Nextera Energy Enters $4.3 Billion Deal with Hawaiian Electric Industries

NextEra Energy and Hawaiian Electric Industries announced an a deal to combine. The transaction is valued at approximately $4.3 billion and includes the assumption of $1.7 billion in HEI debt.
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May 04, 2012


This new Business Roundup column will include tidbits of business news received over the course of a month. The business community is encouraged to participate.
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May 02, 2012

American Savings Bank Sees Continued Growth

American Savings Bank reported net income of $15.9 million in the first quarter of 2012 compared to $13.9 million in the first quarter one year ago.
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April 18, 2012

American Savings Bank Chief Financial Officer Retiring April 30

American Savings Bank today announced that executive vice president and chief financial officer Alvin Sakamoto will retire effective April 30, 2012.
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February 10, 2012

Hawaiian Electric Industries Reports Strong Year

Hawaiian Electric Industries, Inc. (HEI) this week reported net income for the full year of 2011 was $138.2 million, up from $113.5 million for 2010.
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February 08, 2012

American Savings Employees Raise $200K For Nonprofits

American Savings Bank announced today it has raised over $200,000 through its new annual employee giving program named Kahiau.
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January 27, 2012

American Savings Bank Recognized for Employee Wellness Programs

American Savings Bank has been recognized by the American Heart Association for helping employees eat better and move more.
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November 03, 2011

Hawaiian Electric Industries Continues Strong Performance in Q3

Hawaiian Electric Industries, Inc.(HEI), parent of American Savings Bank, today reported a strong third quarter performance due mainly to loan growth in the past four consecutive quarters combined with interim rate relief from regulators.
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August 19, 2011

American Savings Bank Blesses New Kihei Branch

Today, top executives from American Savings Bank were on-hand for the opening of the new Kihei Branch at the Piilani Village Shopping Center.
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March 29, 2011

Hawaiian Electric Industries Donates $100,000 For Tsunami Relief

The American Red Cross and the Japan-America Society of Hawaii (JASH) are the receipients of $100,000 contributed by Hawaiian Electric Industries, Inc. (HEI) along with its subsidiaries American Savings Bank, Hawaiian Electric Company, Hawaii Electric Light Company and Maui Electric Company to support recovery efforts from the Japan earthquake and tsunami aftermath.
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March 24, 2011

SBA Award Winners to Be Honored at Maui Chamber Event

Yesterday, the U. S. Small Business Administration Hawaii District Office announced the 2011 winners of the prestigious SBA Small Business Awards.
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September 25, 2009

Pickup Plows Through Store Front Of Pukalani Bank

The Pukalani Branch of American Savings Bank closed early today (Friday, September 25, 2009) after a pickup truck ran into the store front this afternoon.  The incident was reported at 1:37 p.m. Authorities say a 69-year-old man driving the 2009 black Chevy Colorado pickup did not complain of any injuries following the incident. Fire personnel... Read more »
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