No. 4: American Savings Bank

October 28, 2013, 12:00 a.m. EDT 1 Min Read

Professional development

Best Banks to Work For

American Banker's inaugural ranking of the banks, large and small, who are earning praise from workers on benefits, opportunities and yes, the fun factor.
Click here for our full special report with rankings, slideshows, relevant articles and more.

October 28
10 Cool Perks of the Best Banks to Work For
5 Great Ideas to Improve Employee Engagement

Category: $3B to $10B in Assets
Honolulu, Hawaii
www.asbhawaii.com
Assets at June 30: $5.07 billion
No. of Employees: 1,224
President and CEO: Richard Wackere

Popular with employees: Payday comes every Friday.

Activity to relieve stress: Also on Fridays, the bank encourages breaks for a "Fun and Fit" activity. One week it might be a scavenger hunt, the next it might be an online trivia quiz.

Employee recognition/appreciation program: Employees whose suggestions help the bank conserve supplies or reduce expenses win cash, honorary awards and other benefits through the bank's Akamai Idea! program.

Previous: Community Trust Bank

MORE FROM AMERICAN BANKER

M&A

Banner year for CU-bank tie-ups extends with deal in Maryland

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

By Jim Dobbs

December 20
OCC

OCC highlights growing pressures in 'sound' banking system

The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income and increasing nonperforming loans.

By Ebrima Santos Sanneh

December 20
Industry News

BNY expands employee benefits, boosts minimum wage to $25 per hour

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank Holdings sold off a fifth of its securities portfolio; and more in this week's banking news roundup.

By Editorial Staff

December 20
Payments

Technology, fees and a mega-merger: top payments news of 2024

The Capital One-Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with American Banker readers in 2024.

By Editorial Staff

December 20
Social media

Banks fleeing X may soon turn to Bluesky

Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a communications channel with potential customers, experts say.

By Keith Button

December 20
Litigation

CFPB sues BofA, JPM and Wells over Zelle fraud

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment network Zelle, alleging shoddy safeguards and millions in consumer losses.

By Kate Berry

December 20