American Savings Bank - Ownership and Business Overview

Financial ServicesCompany

American Savings Bank Ownership

Who owns American Savings Bank?

American Savings Bank is owned by Mr. Cooper Group. It was acquired on December 1, 1996.

American Savings Bank Business Overview

Where is American Savings Bank headquartered?

American Savings Bank is headquartered in Honolulu, Hawaii.

What sector is American Savings Bank in?

American Savings Bank is a financial services company.

Financial Services M&A Summary in 1996

Out of 60 sectors in the Mergr database, financial services ranked 1 in number of deals in 1996. The largest financial services acquisition in 1996 was AT&T Capital - which was acquired by Terra Firma Capital Partners for $2.4B.

Join Mergr to view all 40 acquisitions of financial services companies in 1996, including 13 acquisitions by private equity firms, and 27 by strategics.

American Savings Bank

915 Fort Street Mall,
Honolulu, Hawaii 96813
United States,
627-6900
www.asbhawaii.com

American Savings Bank was a $24 billion California savings and loan association which had been seized by the Federal Savings & Loan Association after a history of significant losses. In cooperation with the federal government, the firm restructured the bank into American Savings. In December 1996, American Savings merged into Washington Mutual, Inc.


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