American Savings Bank Shares Aloha Spirit

by | Mar 30, 2017 | Donors, Alley News, Press, Wall of Fame

American Savings Bank Shares Aloha Spirit

American Savings Bank has once again stepped up huge for Lemonade Alley kidpreneurs! 

Cash Prizes

For the fourth-consecutive year, the bank donated $3,000 to our annual kid-biz challenge. As in previous years, we’ll split that prize money three ways, with the first-place teams in each age division receiving $1,000.

Lemon Bank

For the second-consecutive year, American Savings will serve as our official “Lemon Bank” at the main event. As you probably know, our colorful shopping mall of lemonade stands will set up adjacent to the Farmers’ Market at Pearlridge Center in Aiea from 8 a.m. to 1 p.m. Saturday, April 8.

Strengthening the Aloha Spirit

Instead of auditors coming to lemonade stands and picking up scrip and cash, contestants will make deposits at the central Lemon Bank. This service by American Savings will help our teams of K-12 students learn financial and bank literacy by tallying their proceeds from lemonade sales, making deposits and collecting receipts.

Donating prize money and serving as our Lemon Bank are prime examples of how American Savings Bank gives back to communities across the Hawaiian Islands by supporting numerous nonprofit organizations. This includes the BizGym Foundation, which presents Lemonade Alley each year.

The bank’s main focus areas for community involvement are:

  • Improving education;
  • Strengthening families; and
  • Promoting economic vitality.

We offer a great big “mahalo” to American Savings Bank for the support!