What You Need to Open an Account at American Savings Bank
American Savings Bank requires a government-issued photo ID, your Social Security number, and an initial deposit to open a checking account. The bank operates primarily in Hawaii, so you can open an account in person at any branch, by phone, or online through their website. The initial deposit amount varies by account type — some accounts require $100 to $500 minimum, while others have no minimum.
You'll also need a current mailing address and a phone number. If you're opening the account online or by phone, have your ID information ready and be prepared to answer questions about your employment and income. The entire process typically takes 10 to 15 minutes if you have all documents in front of you.
Key Takeaways
- American Savings Bank requires a government photo ID, Social Security number, and initial deposit, with minimums ranging from $0 to $500 depending on the account type.
- You can open an account in person at a Hawaii branch, by phone at 1-808-539-2000, or online at americansavingsbank.com.
- The online process takes about 10 to 15 minutes and you can start using your account the same day in most cases.
- If you don't have a Social Security number, ask the bank about alternative identification options, as some accounts may accept an ITIN (Individual Taxpayer Identification Number).
Opening an Account Online
The online application on americansavingsbank.com is the fastest route if you're not near a branch. Start by selecting the checking account type you want — American Savings Bank offers several options, including basic checking and accounts with higher interest rates. The form will ask for your full name, date of birth, Social Security number, address, phone number, and email.
You'll need to upload or photograph your government ID during the application. Have your ID and a recent utility bill or bank statement ready to verify your address. Once you submit the application, the bank reviews it and sends you confirmation within one business day. You can fund the account immediately using a debit card, bank transfer, or wire transfer to complete the opening process.
Opening an Account at a Branch in Person
If you're in Hawaii, visiting a branch lets you complete everything in one visit. Bring your government photo ID, Social Security card or number, and your initial deposit in cash or check. A bank representative will walk you through the account agreement, explain the features and fees, and answer questions about the account type that fits your needs.
The representative will input your information into their system while you're there, and you'll receive your debit card on the spot or within a few business days by mail. You can start using your account immediately — the bank will give you temporary checks or a temporary card number if your physical card hasn't arrived yet.
Opening an Account by Phone
Call American Savings Bank at 1-808-539-2000 during business hours to open an account over the phone. A representative will guide you through the same information as the online form: name, date of birth, Social Security number, address, and phone number. Have your government ID ready so you can provide details from it.
After the call, the bank will mail you an account agreement and debit card. You'll need to fund the account by transferring money from another bank account or mailing a check. This method takes longer than online or in-person — typically three to five business days before your account is fully active — because the bank must receive and process your initial deposit.
What Happens After You Submit Your Information
American Savings Bank verifies your identity and runs a background check through ChexSystems, a banking history database. This check looks for patterns of fraud or mismanagement of past accounts. Most people pass this check without issue; if there's a problem, the bank will contact you to discuss it.
Once approved, your account is created and assigned an account number. If you opened online, you can log into online banking immediately and see your account. Your debit card arrives by mail within 5 to 10 business days. You can use your account number and routing number (which the bank provides) to set up direct deposit or automatic payments before your card arrives.
Documents and Information to Have Ready
| What You Need | Why the Bank Asks | Acceptable Options |
|---|---|---|
| Government photo ID | To verify your identity | Driver's license, passport, state ID card, military ID |
| Social Security number | For tax reporting and background check | Social Security card or number from memory; ITIN if you don't have an SSN |
| Proof of address | To confirm where you live | Utility bill, lease, mortgage statement, or recent bank statement dated within 90 days |
| Initial deposit | To fund the account | Cash, check, debit card, or bank transfer (amount varies by account type) |
Frequently Asked Questions
Can I open an American Savings Bank account if I don't live in Hawaii?
You can open an account online or by phone from anywhere, but you cannot visit a branch in person unless you're in Hawaii. The bank serves customers nationwide through online and phone services, though it has physical branches only in Hawaii.
What if I don't have a Social Security number?
Contact American Savings Bank directly at 1-808-539-2000 to ask about using an ITIN (Individual Taxpayer Identification Number) instead. Some account types may accept alternative identification, but you'll need to confirm with the bank before starting your application.
How long does it take to use my account after I open it?
If you open online or in person, you can use your account the same day or next business day. If you open by phone, allow three to five business days for the bank to receive and process your initial deposit before the account is fully active.
What's the minimum deposit to open a checking account?
The minimum varies by account type — some American Savings Bank checking accounts require $100 to $500, while others have no minimum. Check the account details on their website or ask a representative which account type has the lowest opening deposit.
Can I set up direct deposit before my debit card arrives?
Yes. Once your account is open, the bank provides your account number and routing number. You can give these to your employer or benefits provider to set up direct deposit immediately, even if your physical debit card hasn't arrived yet.