Hawaii Bylaws of Great American Bank, FSB The Hawaii Bylaws of Great American Bank, FSB, outline the rules and regulations governing the operations and management of the bank in the state of Hawaii. These bylaws are crucial in establishing the framework for the bank's activities, ensuring compliance with state laws, and maintaining efficient operations. Key Elements of the Hawaii Bylaws: 1. Board of Directors: The bylaws specify the composition, roles, and responsibilities of the board of directors. This includes the election and removal process, quorum requirements for board meetings, and the appointment of committee members. 2. Shareholders' Meetings: The bylaws provide guidelines for conducting shareholders' meetings, including the notice requirements, the voting process, and the procedures for proxy voting. It also defines the rights and powers of the shareholders. 3. Officer Roles and Duties: The bylaws outline the various officer positions within the bank, such as the CEO, CFO, and COO. They define their roles, responsibilities, and the scope of their authority. In addition, the bylaws may lay out the process for appointing and removing officers. 4. Corporate Governance: The bylaws determine the governance structure of the bank, including committees, their responsibilities, and decision-making processes. This ensures proper oversight and transparency in managing the bank's affairs. 5. Amendment Process: The bylaws provide guidelines for making amendments or modifications to the bylaws. This may require a majority or super majority vote from shareholders or directors and establishes the procedure for proposing, reviewing, and implementing changes. Types of Hawaii Bylaws of Great American Bank, FSB: 1. Initial Bylaws: These are the original set of bylaws adopted when Great American Bank, FSB was established in Hawaii. They form the foundation of the bank's governance structure and can be amended as needed. 2. Revised Bylaws: Over time, the bank may find it necessary to update its bylaws to accommodate changes in regulations, business practices, or corporate structure. These revised bylaws reflect these changes while maintaining compliance with Hawaii banking laws. 3. Specific Bylaws: Depending on the specific needs and circumstances of Great American Bank, FSB in Hawaii, there may be additional bylaws addressing unique aspects of the bank's operations. These could include, but are not limited to, bylaws regarding loan approval processes, investment strategies, risk management, or compliance requirements. In conclusion, the Hawaii Bylaws of Great American Bank, FSB defines the rules and procedures for operating the bank in the state. They cover critical areas such as board composition, shareholders' meetings, officer roles, corporate governance, and amendment procedures. By adhering to these bylaws, the bank ensures efficient operations and compliance with Hawaii banking regulations.
Hawaii Bylaws of Great American Bank, FSB
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In 1997, Bank of America shut down its retail operations in Hawaii and by 1998 had only lent $3 million to Hawaiian homesteaders. The bank didn't abandon the islands altogether, however.
American Savings Bank, the Irvine-based financial institution created from the ruins of the spectacular 1988 collapse of the nation's largest savings and loan, said Monday it has agreed to be acquired by a Seattle-based thrift.
Ann Teranishi is the president and chief executive officer of American Savings Bank (ASB) and a member of the ASB Board of Directors.
Hawaiian Electric acquired American Savings Bank in 1988 before laws such as the 1999 Gramm-Leach-Bliley Act and the 2010 Dodd-Frank Act imposed stricter limitations on the commercial activities of holding companies for deposit-taking institutions.
Your daily withdrawal limit depends on the type of account & debit card you have and your available balance. The card limit is usually either $1,000 or $1,500 and applies to all ATM transactions, whether you use an ASB ATM or another. Withdrawals at ASB ATMs are limited to $500 per transaction.
The estimated total pay for a Mid-level Executive at American Savings Bank is $85,674 per year.
The average American Savings Bank salary ranges from approximately $37,238 per year for a Bank Teller to $112,715 per year for a Commercial Banking Officer. The average American Savings Bank hourly pay ranges from approximately $17 per hour for a Teller I to $29 per hour for a Credit Analyst.
American Savings Bank TypeSubsidiaryNumber of employees1100ParentHawaiian Electric IndustriesWebsitewww.asbhawaii.com6 more rows