#ann teranishi

Maui Waena Intermediate School was awarded a total of $30,000 as the first place and People’s Choice award recipient in the middle school category of the American Savings Bank, Bank for Education KeikiCo Business Plan Contest.

American Savings Bank has received national recognition from the American Bankers Association (ABA) Foundation for its Hui Kapili Accelerator, earning a 2025 ABA Foundation Community Commitment Award in the Community and Economic Development category.

American Savings Bank (ASB) is now accepting applications for its 2025 KeikiCo Business Plan Competition, a statewide challenge that invites Hawaiʻi public and charter school students in grades 3 through 12 to dream big, solve real-world problems and compete for up to $25,000 for their school – plus bonus cash for individual winners.

American Savings Bank has named John Jacobi as Executive Vice President and Chief Information Officer. John will oversee ASB’s technology teams and lead strategic initiatives, continuing ASB’s commitment to providing its customers with best-in-class service. John most recently served as CIO for Hawaiian Airlines.

This contribution represents a quarter of all funds awarded to Hawaiʻi organizations and will support a range of initiatives focused on affordable housing, financial education and community revitalization, including Lahaina homeowner recovery efforts.

American Savings Bank has awarded $100,000 to 10 local nonprofits through a community-driven competition celebrating the bank’s 100th anniversary.

To celebrate 100 years of serving Hawaiʻi, American Savings Bank is giving back with a $100,000 donation to local nonprofits through the newly launched ASB Charitable Foundation. Ten organizations will each receive $10,000 – and the public is invited to decide the recipients by voting online.

American Savings Bank awarded $135,000 to nine winning student teams as part of its seventh annual Bank for Education KeikiCo Business Plan Competition. Students in grades 3 through 12 submitted business plans for ideas that support Hawaiʻi’s resilience and growth, including sustainable bedding for the homeless and a device that prevents dehydration.

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.

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.

American Savings Bank (ASB) has announced the return of the Bank for Education KeikiCo Contest. The business plan competition is designed to inspire entrepreneurial spirit and enhance financial literacy among Hawaii’s young leaders.

American Savings Bank and its teammates have contributed more than $135,000 and 600 Seeds of Service volunteer hours to aid those impacted by the devastating Maui wildfires.

American Savings Bank joined forces with Hawaiʻi Community Lending to make a $4.3 million investment in homeownership opportunities for eligible native Hawaiians residing on Hawaiian home lands.

Helping Hands Hawaiʻi and American Savings Bank are partnering for the eighth year to help Hawaiʻi’s keiki prepare for school through the Ready to Learn program, which provides essential school supplies to low-income and houseless families.

Constance “Connie” Lau, president and CEO of Hawaiian Electric Industries, is retiring after 15 years as the leader of the parent company of electric utility Hawaiian Electric and community bank American Savings Bank.

A student attending KCC in medical studies that lives in Waiʻanae was presented with a $5,000 check to reward her for being vaccinated and entering the HI GOT VACCINATED.com contest. Angela Yao received the check from Ann Teranishi, American Savings Bank, President & Chief Executive Officer.

A school teacher at Pearl City High School that lives in Waipahu was presented with a big check to reward him for being vaccinated and entering the state’s #HIGotVaccinated contest.

School supplies are assembled into kits containing common supplies found on the Department of Education’s back-to-school lists. Each kit is valued at approximately $25 each and the goal is to distribute 1,000 kits to students.

During its 2021 Kahiau Giving Campaign, American Savings Bank and its employees pulled together and paddled hard to donate $360,708 to local community organizations.

In early 2018, Teranishi was named to Pacific Business News’ Women Who Mean Business and Hawaiʻi Business Magazine’s 20 for the Next 20 lists.