American Savings Bank is a Hawaii-based national bank offering personal and business banking, mortgages, loans, credit cards, and investment services through branches, online, and mobile platforms.
Editorially reviewed by Harvey Brooks
American Savings Bank, National Association is a full-service bank headquartered in Hawaii with a strong local presence across the islands. The bank has built its reputation around serving Hawaii residents and businesses since being voted one of Hawaii's Best Banks since 2018. ASB operates as a traditional national bank with both personal and commercial banking divisions, maintaining physical branch locations throughout Hawaii while offering comprehensive digital banking services.
ASB's service portfolio spans personal banking (checking, savings, CDs, mortgages, home equity lines of credit, personal loans, credit cards), business banking (commercial checking, savings, cash management, commercial real estate loans, merchant services), and investment services through partnerships with Cetera and Franklin Madison Group LLC. The bank offers certificates of deposit with competitive rates (currently advertising 6-month CDs up to 3.10% APY), online and mobile banking available 24/7, ATM networks, wire transfers, and foreign currency exchange. They also provide student loan options through College Ave and financial education through free courses designed by Banzai.
What distinguishes ASB is its strong "Buy Local Hawaii" program, which provides exclusive discounts at over 125 local merchants across Hawaii islands to ASB Visa debit cardholders, saving customers more than $1.5 million collectively. The bank emphasizes waived monthly service fees on personal checking accounts, no-fee services on various transactions, and a user-friendly mobile app that was recognized as one of Hawaii's best-ranked online banking apps. ASB also positions itself around customer accessibility with features like low-vision accessibility options and dedicated customer service for both personal and business clients.
ASB is a legitimate, FDIC-insured national bank with a routing number (321370765) and established physical presence. However, as a regional bank focused primarily on Hawaii, it has geographic limitations for customers outside the islands. The bank's product offerings are standard for traditional banks and not particularly innovative compared to fintech competitors, though this may appeal to customers preferring established institutions over digital-only banks.
Yes. American Savings Bank, National Association is a registered company headquartered in Honolulu, HI, founded in 1987. They hold a rating with the Better Business Bureau.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
American Savings Bank is best for Hawaii residents and businesses seeking comprehensive banking services with strong local community integration and merchant rewards. The primary caveat is geographic limitation—this bank is designed for Hawaii-based customers and offers limited value to mainland users without Hawaii ties.
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