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In 1997, Bank of America shut down its retail operations in Hawaii and by 1998 had only lent $3 million to Hawaiian homesteaders. The bank didn't abandon the islands altogether, however.
American Savings Bank, the Irvine-based financial institution created from the ruins of the spectacular 1988 collapse of the nation's largest savings and loan, said Monday it has agreed to be acquired by a Seattle-based thrift.
Ann Teranishi is the president and chief executive officer of American Savings Bank (ASB) and a member of the ASB Board of Directors.
Hawaiian Electric acquired American Savings Bank in 1988 before laws such as the 1999 Gramm-Leach-Bliley Act and the 2010 Dodd-Frank Act imposed stricter limitations on the commercial activities of holding companies for deposit-taking institutions.
Your daily withdrawal limit depends on the type of account & debit card you have and your available balance. The card limit is usually either $1,000 or $1,500 and applies to all ATM transactions, whether you use an ASB ATM or another. Withdrawals at ASB ATMs are limited to $500 per transaction.
The estimated total pay for a Mid-level Executive at American Savings Bank is $85,674 per year.
The average American Savings Bank salary ranges from approximately $37,238 per year for a Bank Teller to $112,715 per year for a Commercial Banking Officer. The average American Savings Bank hourly pay ranges from approximately $17 per hour for a Teller I to $29 per hour for a Credit Analyst.
American Savings Bank TypeSubsidiaryNumber of employees1100ParentHawaiian Electric IndustriesWebsitewww.asbhawaii.com6 more rows