Independent Banker - September 2022 - 44

National Community Bank Service Awards
Exceptional Community
Bank Service Award
Awarded to a bank that developed its
service program three or more years ago
These areas are improving
SPONSORED BY
education, strengthening communities
and underserved families, promoting
economic vitality by fostering
innovation and entrepreneurship,
and increasing access to aff ordable
housing. In recent years, another
major goal of the community bank has
been the revitalization of 'A'ala Park in
Kalihi-Palama, the neighborhood that's
home to the ASB Campus, an 11-story
offi ce space that has served as the
bank's homebase since 2019.
Ann Teranishi of
American Savings
Bank, whose Kahiau
Giving Campaign
has raised nearly
$3 million in funds.
fSupporting the underserved
To fund these goals, ASB initiated
the Kahiau Giving Campaign in
2011, an employee workplace giving
program named after that concept
of selfl ess generosity. As Teranishi
explains, " We decided we wanted
to support more organizations in a
meaningful way and get teammates
more engaged in bringing real impact
to our community. Rather than
holding a handful of small fundraisers
throughout the year, we decided to do
one big splash eff ort. "
Giving from the heart
By Roshan McArthur
here's a word in Hawaiian-
kahiau-that means to give
generously without expecting anything
in return, and American Savings
Bank (ASB), a fi nancial institution
with an almost century-long history
of community support in Hawaii,
exemplifi es that spirit perfectly.
With roots stretching back to 1925
and 38 branches across the Hawaiian
T
Islands, ASB is one of the state's
leading fi nancial institutions. Yet the
Honolulu-based bank's focus, says
president and CEO Ann Teranishi, is
fi rmly on its community.
Recognized as one of the best
places to work by Hawaii Business
Magazine for over a decade now,
ASB has also been lauded by Fortune
for its inclusivity, and it has a deep
American Savings Bank
Asset size: $9.2 billion
Location: Honolulu, Hawaii
asbhawaii.com
commitment to community service.
" We understand that bringing real
impact to our community means more
than just giving fi nancially, " Teranishi
explains. " It also requires year-round
commitment of our time, 'sweat
equity,' best ideas and leadership to
support our focus areas. "
44 Q ICBA Independent Banker Q September 2022
The program helps underserved
communities through fi ve nonprofi t
partners: Child & Family Service,
Kapiolani Health Foundation, Kupu,
Partners in Development Foundation,
and United Way Chapters throughout
Hawaii. " We specifi cally selected
these fi ve Kahiau partners because
their mission and values are aligned
with our own, " Teranishi says, " and
because the support they provide
to our community is critical to
improving the health and well-being
of our state. "
Each year, ASB invites all 1,100
of its employees to donate, and
it matches those donations up to
$150,000. Since it was fi rst set up,
the program has collected nearly
$3 million in donations for the
community. In 2021 alone, it raised
more than $360,000.
" We begin each annual campaign
with a fun celebration, " says
Teranishi, " starting with our executive
leadership team decked out in
Photos: Olivier Koning
http://www.asbhawaii.com
Independent Banker - September 2022

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