ASB Celebrates 100 Years of Serving Hawaii’s Residents, Businesses and Communities

Centennial celebration kicks off with announcement of new ASB Charitable Foundation’s $100,000 pledge to local nonprofits.

American Savings Bank (ASB) marked its 100^th year serving Hawaii with a special event at ASB Campus, located in Downtown Honolulu. At the event, ASB commemorated the special 100-year milestone by announcing its new ASB Charitable Foundation and a $100,000 donation to local nonprofits, reaffirming its commitment to bring real impact to the community.

“American Savings Bank has proudly made dreams possible for Hawaii’s residents, businesses and communities since 1925, and we are grateful to our loyal customers, teammates and partners across the state who have been a part of this amazing journey,” said Ann Teranishi, president and CEO of American Savings Bank. “The launch of the ASB Charitable Foundation reinforces our ongoing commitment to building a brighter future for Hawaii for the next 100 years and beyond.”

Joining ASB’s centennial celebration were Lt. Gov. Sylvia Luke and Honolulu Mayor Rick Blangiardi, who both presented proclamations honoring ASB’s 100 years of service to Hawaii’s residents. Councilmember Tyler Dos Santos-Tam, representing the Chinatown-Kalihi-Palama areas, also participated in the festivities.

To commemorate ASB’s 100^th anniversary, the ASB Charitable Foundation will donate $100,000 to local nonprofits aligned with ASB’s community impact areas including financial wellness, increasing access to affordable housing, and supporting Aala Park and its neighboring communities.

Starting in February, the public will be invited to help select the 10 nonprofits that will receive $10,000 awards.

For more information about updates and celebrations throughout the year or to explore ASB’s stories, please visit asbhawaii.com/100.