The board said in August that it was ... are the bank's executive team and independent directors. The sale makes American Savings Bank a local bank headquartered in Honolulu and led by the bank's ...

At nearly 100 years old, American Savings Bank is the third largest bank in Hawaii. It was purchased by a group of 24 investors, including its current board of directors and top executives.

Hawaiian Electric (HE) Industries announced the closing of the sale of 90.1% of the common stock of American ... board of directors’ comprehensive review of strategic options regarding the bank ...