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Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you might read more about oureditorial guidelinesand our products and servicesreview methodology.

Recognized as one of theBest Banks in Hawaii for 2025by GOBankingRates, it offers standout options for local banking.

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Loyal customers can also enjoy a premium checking account with easily waived fees.

Ideal for Hawaiian residents who want a straightforward savings account to pair with their ASB checking account.

To earn the best, promotional CD rates, youll want to make a minimum deposit of $10,000.

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Otherwise, ASB requires just $1,000 to open a CD.

$10 monthly

The ASB Money Market offers a lacklusterinterest on balances above $100,000.

Comparable Regional Bank Options

Heres how American Savings Bank compares to other regional banks.

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FHB was listed amongst theBest CDs Account for 2025in GOBankingRates Best Banks rankings.

you’re able to open a CD at FHB online or in a local branch.

Online CDs require a $500 minimum deposit, and deliver competitive yields.

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American Savings Bank vs. Central Pacific Bank

Central Pacific Bank first opened in 1954 in Honolulu.

For Hawaii residents seeking a local bank with robust digital capabilities, CPB might be a good choice.

Bank accounts are not available through GOBankingRates.

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All factors were then scored and combined, with the lowest score being the best.

All products and offerings had to be available as of Nov. 8, 2024, to be considered.

Rates are subject to change; unless otherwise noted, rates are updated periodically.

All other information on accounts is accurate as ofDec.

Rates are subject to change; unless otherwise noted, rates are updated periodically.

All other information on accounts is accurate as of Dec. 19, 2024.