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By 1958, American
Savings and Loan had five offices. In the 1960s it added four branches on Oahu. The 1971 acquisition of Kauai Savings and Loan added four branches. Three years later, in 1974, American Savings and Loan merged with Maui Savings & Loan. American Savings and Loan now had
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American
Savings Bank dates back to September 7, 1922, when four men filed articles of incorporation in the state of Utah for mutual savings and loans. The following year, on April 24, another association filed articles of incorporation under the name of American Building and Loan Company.
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On
January 23, 1987, American Savings and Loan Association announced the formation of a separate subsidiary to conduct its operations. The subsidiary, called American Savings Bank, was a federally chartered savings bank with its home office in Honolulu, Hawaii.
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branches on five islands. When
American Savings and Loan acquired the Pacific Savings and Loan Association of Hawaii in 1977, it added another six locations on Oahu. In 1978, American Savings and Loan marked a milestone when it achieved $ 1 billion in assets.
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On
February 4, 1932, Mutual Savings and Loan merged with American Building and Loan to become American Mutual Savings and Loan. Ten years later, the corporate name was changed to American Savings and Loan Association.
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and is headquartered at 300 N. Beretania St., Honolulu, HI 96817, right outside of
Honolulu’s Chinatown and the downtown financial district.
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This article is about a bank in Hawaii. Not to be confused with the
California-based American Savings Bank, the short-lived successor of
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On May 26, 1988, Hawaiian
Electric Industries (HEI), parent company of Hawaiian Electric Company, acquired American Savings Bank from
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Hawaiian branches and their deposits. On
December 6, 1997, American Savings Bank acquired the assets of
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Hawaii
Division, increasing their branch total at that time to 68 and their assets to $ 5.5 billion.
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288:"Bank of America to sell isle branches: American Savings gets 39 branches, deposits, loans"
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Permission to establish its first branch in Honolulu, HI, was granted on January 8, 1925.
213:-based American Savings and Loan Association. In 1990, American Savings Bank acquired
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that is one of Hawaii’s largest financial institutions headquartered in
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239:"American S&L Completes Sale Of Hawaiian Subsidiary"
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349:This United States bank–related article is a
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116:Ann Teranishi (President & CEO)
353:. You can help Knowledge (XXG) by
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415:American corporate subsidiaries
332:Credit Card Branch Bank Locator
215:First Nationwide Savings Bank's
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425:1988 mergers and acquisitions
410:1925 establishments in Hawaii
327:American Savings Bank Website
286:Daysog, Rick (May 27, 1997).
29:American Savings Bank, F.S.B.
181:. The company operates as a
147:Hawaiian Electric Industries
420:Companies based in Honolulu
68:; 99 years ago
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405:Banks established in 1925
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23:American Savings and Loan
430:United States bank stubs
293:Honolulu Star-Bulletin
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173:(ASB) is an American
171:American Savings Bank
183:federal savings bank
132:Number of employees
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264:The New York Times
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355:expanding it
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81:Headquarters
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271:November 1,
102:Area served
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225:References
160:.asbhawaii
112:Key people
47:Subsidiary
121:Products
86:Honolulu
53:Industry
189:History
153:Website
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162:.com
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