American Savings Bank has been recognized as one of the Best Banks to Work For in 2016.

The recognition marks the fourth straight year that the state’s third-largest bank has been selected by American Banker Magazine and Best Companies Group.

Overall, 60 banks across the nation achieved “Best Bank” status. American Savings was ranked 59th on the list, which is featured in the September issue of American Banker Magazine. The banks that were chosen were based on an evaluation of their workplace policies, practices and demographics, as well as employee surveys assessing their experiences and attitudes regarding their workplace.

American Savings employees have benefits such as weekly paydays, paid time off, birthday holiday, profit sharing, casual attire, tuition assistance, discounted gym memberships and ASB’s LifeBalance wellness program. ASB’s health benefits include specialty offerings such as massage therapy, chiropractic support, acupuncture and pet insurance, among others.

Finance Factors to open Kona branch

Finance Factors, the state’s largest locally owned depository financial services loan company, will open a new branch Sept. 12 at the Henry Street Shops in Kona, Hawaii island.

The relocated branch will service the customers of Finance Factors’ outgoing Keauhou branch, which will close Sept. 9. All existing customer accounts will automatically transition to the new location.

“As Finance Factors continues to experience record growth, we are committed to continuously providing stellar customer experiences in all of our branches throughout the state,” said Steven Teruya, president and chief operating officer of Finance Factors.

To celebrate the new branch, Finance Factors will offer two special deposit promotions and a chance to win one of 10 $100 prizes. Finance Factors has 13 branches in the state and a mortgage center on Guam.

Apple says billions set aside for U.S. taxes

LONDON >> Apple’s chief executive says the company has put aside “several billion dollars” to pay tax liabilities in the United States as it repatriates some of its huge overseas earnings. Tim Cook told Irish state network RTE in an interview broadcast Thursday that the money, part of profits from 2014, should be brought back to the U.S. next year. He did not specify how much would be repatriated.

Apple holds nearly $215 billion in cash and securities outside the U.S., much of that generated by its Irish subsidiaries. This week the European Union ordered the company, which is based in Cupertino, Calif., to pay $14.5 billion in back taxes to Ireland plus billions more in interest.

ON THE MOVE:

Hawaiian Properties has announced the following new property managers for the company’s comprehensive real estate management services:

>> Valorie Lambert has spent 16 years managing associations and is experienced in construction management, including reconstruction, asphalt, maintenance, dry rot and roofing projects.

>> Irene Ramiro has more than 18 years’ experience in the residential property management industry, including being responsible for maintenance planning and complex capital improvement projects for a 2,500-unit association.

SHIP AHOY!

Today’s ship arrivals and departures:

HONOLULU HARBOR