Maui Business
American Savings Bank marks 100 years of financial services in Hawaiʻi
American Savings Bank reached its 100th year of services to Hawaiʻi residents this year, and celebrated by announcing its new ASB Charitable Foundation and a $100,000 donation to local nonprofits, according to an announcement.
Hawaiian Electric to close Shift and Save rates program to new enrollments as of Feb. 1
Hawaiian Electric will close its Shift and Save time-of-use rates program to new enrollments as of Feb. 1, 2025, following the completion of a one-year pilot. Customers enrolled in Shift and Save before that date will be allowed to continue in the program with the ability to opt out at any time.
Queen Kaʻahumanu Center accepting Baby Expo vendor applications
Queen Kaʻahumanu Center is seeking vendors for the return of the Baby Expo, happening on Saturday, Jan. 25, from 10 a.m. to 2 p.m.
Maui native promoted to partner at Cades Schutte LLP
Maui native Jarrett A. Dempsey has been promoted to partner at Cades Schutte LLP, the firm announced Tuesday, alongside two other promotions in its Honolulu office’s Litigation and Trusts & Estates departments.
Hawaii State FCU launches new loan programs to address rising housing costs
Hawaii State Federal Credit Union has introduced two new loan programs this month to help address the growing affordability challenges in Hawaiʻi’s housing market.
deVine Wine Lounge: Mauiʻs new upscale retreat
A dedicated wine bar, deVine Wine Lounge, is opening on Maui. Designed as a sophisticated yet inviting space, deVine is a destination for wine lovers and casual sippers alike. The business offers an extensive selection of wines by the glass and bottle, alongside a curated menu of specialty cocktails, craft beers and non-alcoholic beverages.
Hawaii State FCU hosts free webinars to support new year financial goals
Hawaii State Federal Credit Union has released its schedule of free financial education webinars through March 2025, covering a wide range of topics, including goal setting, credit health, home buying, and wealth building.
Maui Chamber of Commerce Announces the Date for the 4th Annual BizMixx Maui Event
The Maui Chamber of Commerce announced the date of the 4th Annual BizMixx Maui event on Saturday, March 29, 2025 at the Grand Wailea Resort Maui. This is the signature fundraiser to benefit the chamber’s work.
New MEO Core Four business planning course to begin Jan. 7
The Core Four business planning first series of 2025, presented by Maui Economic Opportunity’s Business Development Center, starts Tuesday, Jan. 7, and runs twice weekly through Thursday, Feb. 6.
MEO ag micro grant program to begin; informational meeting Jan. 15
Applications for the popular Agricultural Micro Grant Program 5.0 – which offers up to $25,000 in grants to Maui County small farmers and ranchers – will be available starting Jan. 9, 2025.
Maui tourism rebounds in November 2024, visitor spending surpasses pre-wildfire levels
Fifteen months after the Aug. 8, 2023 wildfires, there were 197,622 visitors to Maui in November 2024, according to preliminary statistics from the Department of Business, Economic Development and Tourism. This marks a 21.6% increase—or approximately 35,000 more visitors—compared to November 2023, though it remains about 15% below the visitor count recorded in November 2019, prior to the pandemic and wildfires.
Independent investors acquire non-controlling interests in American Savings Bank
Independent investors have acquired non-controlling interests in American Savings Bank in separate transactions from Hawaiian Electric Industries Inc., the bank announced today. Among other things, HEI said the sale will give it flexibility in making its Maui wildfire settlement contributions.
UHERO: Hawaiʻi’s economic expansion continues, but slowly
Despite steady local forecast path so far, Hawaiʻi’s economic outlook becomes unclear as federal policy changes loom with incoming Trump Administration introducing broad uncertainty.
Ho‘ōla iā Mauiakama Long Term Recovery Group appoints Rhonda Alexander-Monkres as Executive Director
The Ho‘ōla iā Mauiakama Long Term Recovery Group, a nonprofit organization dedicated to supporting Maui’s recovery and rebuilding efforts following the August 2023 wildfires, announced the appointment of Rhonda Alexander-Monkres as its new Executive Director.
Chris Dods to depart from First Hawaiian Inc.
Christopher L. Dods has resigned, effective March 31, as vice chairman and chief operating officer of First Hawaiian Inc. and First Hawaiian Bank, according to an announcement.
Maui Hotel & Lodging Association restructures its leadership team
The Maui Hotel & Lodging Association’s new executive team is Executive Director John Pele, Deputy Executive Director Naomi Cooper and Manager of Events & Membership Angela Doran.
HPM Building Supply, American Savings Bank to sponsor ‘Hui Waiwai’ housing event
Hawaiʻi Community Lending announced that HPM Building Supply and American Savings Bank will sponsor the nonprofit’s annual Hui Waiwai on Jan. 23, 2025, at Bishop Museum from 5 to 8 p.m.
Hawai‘i Department of Taxation updates tax withholding tables to make way for tax cuts
The Hawai‘i Department of Taxation has updated its income tax withholding tables to reflect upcoming changes in a new state law that makes incremental adjustments to the standard deduction amount and income tax brackets beginning tax year 2024, through tax year 2031.
Guam native named as new Hawai‘i Community Lending finance director
Guam native Sean Perez has taken the reins as new finance director at Hawai‘i Community Lending.
Hawaii State FCU extends scholarship application deadline to Feb. 28
Applications for the Hawaii State Federal Credit Union 2025 student scholarship applications are open through Feb. 28, according to an announcement.
