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The bank bought the 27,235-square-foot package at 2130 N. King St., between Gulick Avenue and Richard Lane, two years back for $2.45 million, according to public records.
American Savings Bank, which recently opened a brand new branch in its newly built headquarters building in Honolulu, broke ground Friday on a second new branch, less than two miles off in the heart of Kalihi.

The new branch was designed by Inform Design Inc. and will be built by Ralph S. Inouye Co. Ltd..
The 3,800-square-foot full scale…