ASB Donates $443,000 Through Annual Workplace Giving Campaign

American Savings Bank (ASB) is proud to announce that its 2024 Kahiau Giving Campaign has raised $443,000. The charitable contribution will support five local nonprofits in their efforts to improve the quality of life for Hawaii residents. More than 90% of ASB teammates participated in the annual workplace giving initiative, which began in 2011.     

ASB teammates raised approximately $210,000 for the campaign. With ASB’s 100% match and additional funds for neighbor island United Way organizations, a total of $443,000 was donated.

“Uplifting Hawaii’s residents, businesses and communities with essential services and renewed hope is more important than ever,” said Ann Teranishi, president and CEO at ASB. “We’re honored to support our Kahiau partners who share our commitment to affordable housing, financial literacy and community revitalization. I’m proud of our 1,000 teammates for their dedication to driving positive change for generations to come.”     

In Hawaiian, “Kahiau” means “to give from the heart without expecting anything in return.” The funds raised were distributed to Child & Family Service, Kapiolani Health Foundation, Kupu Hawaii, Partners in Development Foundation and United Way chapters (Aloha United Way, Friendly Isle United Fund, Hawaii Island United Way, Kauai United Way and Maui United Way).

Summary of Donations

“At Child and Family Service, our mission is to strengthen families and foster the healthy development of children across our state. We are incredibly grateful to American Savings Bank for their generous support for the last 11 years through the Kahiau program,” said Amanda Pump, president and CEO at Child & Family Service. “Last year, we helped 110,000 people through our services. This donation will make a profound difference in the lives of the families we serve, providing us an opportunity to continue our vital work and expand our reach to those in need.”

Continued Commitment to Community

Since its inception, the Kahiau Program has raised approximately $3.8 million for community partners. Through ASB’s Seeds of Service program, teammates have contributed more than 127,000 hours of volunteer service.    

ASB hosted a celebratory charitable giving reception honoring Kahiau campaign recipients and Federal Home Loan Bank of Des Moines Member Impact Fund grantees at its Campus headquarters on May 30.