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American Savings Bank Reports First Quarter 2020 Financial Results

HONOLULU, April 30, 2020 /PRNewswire/ -- American Savings Bank, F.S.B. (American), a wholly-owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE:HE), today reported net income for the first quarter of 2020 of $15.8 .....»»

Category: earningsSource: benzingaApr 30th, 2020

First Hawaiian Bank, others open COVID SBA online applications

First Hawaiian Bank, Bank of Hawaii and American Savings Bank on Thursday posted online applications for the paycheck protection loans from the U.S. Small Business Administration for coronavirus relief. The SBA’s application process opens on Fri.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Hawaii banks close more branches, add kupuna hours throughout the state

First Hawaiian Bank joins Central Pacific Bank, Bank of Hawaii, Hawaii State Federal Credit Union and American Savings Bank in temporarily consolidating branch networks in response to COVID-19. Effective Thursday, First Hawaiian Bank will temporarily .....»»

Category: topSource: bizjournalsMar 25th, 2020

American Savings Bank Reports Fourth Quarter And Full Year 2019 Financial Results

HONOLULU, Jan. 30, 2020 /PRNewswire/ -- American Savings Bank, F.S.B. (American), a wholly-owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE:HE), today reported 2019 net income of $89.0 million, compared to $82.5 million in 2018.  Net.....»»

Category: earningsSource: benzingaJan 30th, 2020

American Savings Bank reports loan and deposit growth in Q3

American Savings Bank, a wholly owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE: HE) reported an increase in several key areas this quarter, including net income, loans and deposits. ASB's net income for this quarter totaled $22.9 million, c.....»»

Category: topSource: bizjournalsOct 31st, 2019

American Savings Bank Reports Second Quarter 2019 Earnings

HONOLULU, July 30, 2019 /PRNewswire/ -- American Savings Bank, F.S.B. (American), a wholly-owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE:HE) today reported net income for the second quarter of .....»»

Category: earningsSource: benzingaJul 30th, 2019

L&L Hawaiian Barbecue executive joins American Savings Bank board of directors

Elisia Flores, chief financial officer at L&L Hawaiian Barbecue, has joined American Savings Bank’s board of directors. “We are excited to welcome someone of Elisia’s caliber, who has corporate experience locally with L&L Franchise Inc. an.....»»

Category: topSource: bizjournalsMay 10th, 2018

American Savings Bank reports $82.4M net income for 2018

The bank, a wholly owned subsidiary of Hawaiian Electric Industries (NYSE: HE), reported net income of $21.8 million for the fourth quarter, compared to $16.9 million for the same quarter in 2017......»»

Category: topSource: bizjournalsJan 31st, 2019

American Savings Bank and Federal Home Loan Bank of Des Moines invest in local organizations, communities

Hawaii Community Lending received the largest gift of $400,000 to assist Lahaina homeowners affected by the Maui wildfires last August......»»

Category: topSource: bizjournalsApr 11th, 2024

American Savings Bank promotes David Oyadomar as new executive vice president of operations

David Oyadomari, who was ASB's senior vice president and director of customer experience, will retain that responsibility in addition to his new responsibilities on the operations side......»»

Category: topSource: bizjournalsMay 12th, 2021

American Savings Bank reports decrease net income in Q1

"When the year started, we expected the economy to remain robust, while interest rates were low — generally things were expected to be the same as they had been," Rich Wacker, president and CEO of ASB said......»»

Category: topSource: bizjournalsMay 4th, 2020

American Savings Bank sells Mililani service center for $9M

The sale of the building in the Mililani Technology Park on Dec. 26 follows the sale in October of American Savings Bank’s 12-story office building at the Financial Plaza of the Pacific to the Hawaii Employers’ Mutual Insurers Co. for $13.5 million......»»

Category: topSource: bizjournalsFeb 18th, 2020

Queen"s to adapt Kahala office building for medical use

The Queen’s Health Systems is planning to build a new health center, including an urgent care clinic, in a two-story building behind Kahala Mall that once housed offices for American Savings Bank and a real estate company. In addition to a Queenâ€.....»»

Category: topSource: bizjournalsDec 2nd, 2019

American Savings Bank Reports Third Quarter 2019 Earnings

HONOLUL.....»»

Category: earningsSource: benzingaOct 30th, 2019

Hawaii insurer buys American Savings Bank"s Downtown Honolulu office building

The company has been growing over the past five years and spent the last three searching for more space before finding the 60,000-square-foot office building......»»

Category: topSource: bizjournalsOct 18th, 2019

Hawaii community development entity gets $40M in new markets tax credits

A Hawaii-based community development entity formed by American Savings Bank and the Oahu Economic Development Board was recently awarded $40 million in new markets tax credits from the U.S. Treasury that will help fund projects in the Islands with .....»»

Category: topSource: bizjournalsOct 4th, 2019

Norwegian Bank Invests in Crypto Exchange Founded by Airline Magnate

Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos......»»

Category: forexSource: coindeskSep 3rd, 2019

Norwegian Bank Invests in Crypto Exchange Founded By Airline Magnate

Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos......»»

Category: forexSource: coindeskSep 3rd, 2019

Wells Fargo pays $6.5 million to Navajo Nation over "predatory" practices

Wells Fargo & Co will pay the Navajo Nation $6.5 million to settle a lawsuit over "predatory and unlawful practices" by the bank, the Native American tribe said on Thursday......»»

Category: topSource: reutersAug 22nd, 2019

Americans" Life Savings Wiped Out In Mexican Bank Fraud Scheme

A Bloomberg report reveals how a Mexican bank employee directed a retirement fraud scheme at American retirees living in San Miguel de Allende, a city in Mexico's central hi.....»»

Category: blogSource: zerohedgeMay 29th, 2019