Banking for the Oahu Community
At Hawaii Federal Credit Union, we're a member-owned, not-for-profit financial institution dedicated to serving you. We've been helping our local Oahu families for over 85 years, offering easy and convenient banking services that grow with you through every stage of life.
As a Community Development Financial Institution (CDFI), we make it our mission to invest in our community, providing affordable and responsible financial solutions tailored to your needs.
Hawaii FCU History
Chartered in 1937, eight employees worked together to help start the employer-based Honolulu Construction and Draying Employees Federal Credit Union. Thanks to a strong commitment to make banking easy and enjoyable for its employees and members, HC & D EFCU had steady growth. In 1978, the credit union changed its name to HC & D Community Federal Credit Union and a new community charter allowed them to serve the Kalihi community. In 1984, the credit union changed its name to Hawaii Federal Credit Union and today, Hawaii FCU continues to grow and serve the members of the community.
Why Bank with a Credit Union
Credit unions aren’t just convenient; they are run with a decidedly different approach than a traditional bank. Credit unions are built on the simple idea that member-owners can pool their funds and make low-interest loans to each other. This concept debuted in 19th-century Europe as an alternative to cooperative banking—sort of the people’s way to bank more affordably. As Canada followed suit and successfully instituted credit unions, two American businessmen—Pierre Jay and Edward Al Filene—brought the idea to the states. The pair is credited with rallying citizens behind the first state credit union act, which passed with flying colors in Massachusetts in 1909.
A Holiday Message from Our President & CEO
Mahalo for a Wonderful Year—Happy Holidays from your HFCU ‘Ohana
Dear Hawaii FCU Members,
As we approach the end of another year, we want to take a moment to thank you for being a valued member of our credit union. Your trust and partnership mean the world to us, and we are honored to serve you and your financial needs.
As we enter my favorite time of the year, I like to think of the holiday season as a time for reflection, gratitude, and hope. We understand that life, along with holidays, can bring both joyful moments and challenging times, and we want you to know that we are here for you—every step of the way. Whether you’re planning, navigating unexpected expenses, or simply looking for guidance, we offer a wide range of solutions designed to support you and your goals.
Our team is committed to being more than just a financial institution—we strive to be a trusted resource and a source of information for those who need help during difficult times. We’re here to listen, assist, and provide options that fit your unique situation. Contact us anytime if you need help or want to talk to us. We are here for you!
From all of us at Hawaii Federal Credit Union, we wish you and your loved ones a joyful holiday season and a prosperous New Year. Thank you for allowing us to be part of your journey.
Merry Christmas & Happy Holidays,
Jacob McWhorter
President & CEO