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

Artificial intelligence

Inside BNY's plans to upgrade Eliza, its generative AI platform

The 2.0 version, expected to launch next year, will provide more detailed responses based on more complex, humanlike thought processes.

By Suman Bhattacharyya

3h ago
Cyber security

Finastra client files stolen in data breach

The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.

By Carter Pape

3h ago
Disaster recovery

Truist commits $725 million to help Western N.C. rebuild after Helene

The North Carolina-based bank rolled out a multiyear program to provide loans, investments and philanthropic support to communities in the western part of the state.

By Allissa Kline

4h ago
Credit scores

CFPB's Chopra: AI can be the key to fairer credit scoring

Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, predictiveness and market competition, and stakeholders should develop a more open-sourced model that uses artificial intelligence.

By John Heltman

5h ago
Bank stocks

Trump 2.0 and other catalysts for bank stocks in 2025

Analysts say lenders' shares could rally on deregulation, lighter tax burdens and a resurgence of M&A. Declining interest rates and lower loan losses could further bolster bottom lines and attract investor interest.

By Jim Dobbs

6h ago
Payments

BNY gains Treasury's Direct Express benefits contract

The contract gives the nation's oldest bank access to more than $3 billion in deposits a month. Comerica, the current administrator, has received a three-year extension of service to help with the transfer.

By Mary de Wet

7h ago