Fellows mentioned in this story:
Ann Teranishi
Josh Wisch
Billy Pieper

From Pacific Business News:

American Savings Bank, in collaboration with the Federal Home Loan Bank of Des Moines, awarded $625,000 to six Hawaiʻi nonprofits through the FHLB Member Impact Fund. This contribution represents a quarter of all funds awarded to Hawaiʻi organizations and will support a range of initiatives focused on affordable housing, financial education and community revitalization, including Lahaina homeowner recovery efforts.

“As American Savings Bank celebrates its 100th year of serving Hawaiʻi’s residents, businesses and communities, the generous support from FHLB Des Moines’ Member Impact Fund allows us to maximize our community impact and support organizations providing critical resources across our state,” said Ann Teranishi, president and CEO at American Savings Bank. “At a time when many local families are struggling to make ends meet, these funds will directly improve the supply and access to affordable housing and enhance the quality of life for residents.”

This year, the FHLB Member Impact Fund provided a 1.5x match for every $1 contributed by ASB to the six nonprofits below. In total, ASB and FHLB Des Moines have infused a total of $3.27 million into Hawaiʻi communities over the past three years.

Continue reading at mauinow.com.