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The American Savings Bank headquarters in Honolulu is seen in this 2019 file photo. Hawaiian Electric Industries sold the ...
The $450 million deal follows the Hawaiian utility company’s agreement last year to put close to $2 billion toward a joint ...
Hawaiian Electric Industries announced the sale of American Savings Bank to independent investors, allowing HEI to reduce ...
Hawaiian Electric Industries Inc. has sold over 90% of its subsidiary American Savings Bank to independent investors in a ...
Hawaiian Electric sells 90.1% stake in American Savings Bank for $405 million, allowing it to focus on core utility business ...
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Annual percentage yields (APYs) on top high-yield savings accounts are currently 4.5% and above, according to Bankrate.
The Honolulu-based utility sold a 90.1% stake in American Savings Bank. The deal valued the lender at $450 million.