International Credit Union Day 2011

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SPECIAL ADVERTISING SECTION OF THE HONOLULU STAR-ADVERTISER

Credit Unions Build a Better World

O Over the past 84 years, International Credit Union (ICU) Day® has evolved from the first official credit union holiday established by the Credit Union League of Massachusetts in 1927 into the internationally recognized observance it is today.

“Credit Union Day” (CU Day), the formal appreciation of credit union members, workers, and pioneers of the credit union movement, had two beginnings. The first was established on January 17,1927 because America’s “Apostle of Thrift,” Benjamin Franklin, was born on that day. During this time, the credit union movement in North America was rapidly developing. People were either too busy to celebrate or too new to the credit union movement to recognize the significance of their actions,

Hawaii’s Credit Unions offer hope for a better way of life.

Hawaii’s Credit Unions: Have higher returns on savings Offer lower loan rates Provide financial education Empower communities and after a brief trial period, CU Day faded away.

In 1948, the centennial of the first credit union arrived. By then, about five million people belonged to 12,000 credit unions in the United States and Canada. The Credit Union National Association (CUNA) decided to give CU Day new life—this time with a national celebration set aside on the third Thursday of the month. This time, CU Day

caught on, and celebrations continued in the following years.

Meanwhile, the credit union movement was spreading across the globe. By 1964, CUNA had established CUNA International to formally expand its aid to credit union pioneers worldwide. As new national movements joined the credit union family, the idea of a holiday that everyone could enjoy,

regardless of religion, political beliefs, or cultural differences, appealed to many. Numerous credit unions began to distribute CU Day promotional materials, and the day of honor and recognition came to be acknowledged globally.

In January 1971, the World Council of Credit Unions, Inc. (WOCCU) was established in order to aid the substantial worldwide credit union progress. At

Serving Hawaii’s Healthcare Industry Thank you to our members for your continued support as we grow to better serve you! Please stop by one of our branches today and join in the festivities!

Kapolei

Honolulu

Pearl City

Individuals living or working from Hawaii Kai to Mililani to Kapolei, down to Ewa Beach and all areas between are eligible to join.

“Thank you for your loyalty and patronage. Best wishes to you and your family on this day that we celebrate credit unionism.”

521-6727

www.oahufcu.org

«Mobile Online Banking «Business Loans go to www.queensfcu.org For more information

Serving Hawaii ILWU Members, Employees of Kaiser Permanente, HTH Corporation, Office Max Hawaii & Consolidated Amusement, Hawaiian Civic Club Members & the Hawaiian Homestead Associations: Papakolea, Waimanalo & Princess Kahanu and their families.

740 Kohou St. Ste A, Honolulu, HI 96817 Tel: 808.946.1904 Email. mail@pkfcu.com PKFCU.COM

By offering money-saving financial products and services including low-rate Auto and Personal loans, free Checking, and many other conveniences that make a difference in our members’ lives.

Membership now open to those who live, work, worship, or attend school on the ISLAND OF OAHU.

808.423.1391 www.hickamfcu.org Federally Insured by the NCUA

Member Statistics YEAR

COUNTRIES

CREDIT UNIONS

MEMBERS

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001

100 97 97 96 96 92 82 84 78 93

52,945 49,330 53,689 49,134 46,367 42,705 41,042 40,457 40,258 36,901

187,986,967 183,916,050 185,800,237 177,383,728 172,007,510 157,103,072 128,338,297 123,497,445 118,268,624 112,274,887

Source: Statistical Report, World Council of Credit Unions, Inc.

the time, about 38 million members belonged to 24,000 credit unions globally. In that same year, WOCCU created the first ICU Day materials that were used around the world. CU Day had officially become ICU Day. Today, ICU Day celebrates the common roots of 186 million credit union members in 97

countries. The credit union movement has come a long way since the first financial cooperative was established in Germany just 163 years ago. As we observe past achievements and look forward to the accomplishment to come, we invite you to join us in celebrating ICU Day on October 20, 2011.

x ALOHA FCU Aloha FCU is Hawaii’s largest local airline credit union and has served Hawaii’s airline and airport employees since 1952. Having served members from across Hawaii’s air transportation industry. Aloha understands the needs of the professionals who support this vital network!

We want to welcome you aboard! Call 8416836 or visit AlohaFCU.com to join!

x ALOHA PACIFIC FCU “Building Lasting Relationships” is the mission of Aloha Pacific Federal Credit Union, chartered in 1936 as the Honolulu City & County Employees Federal Credit Union. In 2007, the nonprofit institution changed its name to reflect an expanded, diversified membership. It remains dedicated to the financial well-being of its members.

Aloha Pacific FCU has nine Oahu branches and one in Las Vegas; it is the only Hawaii credit union to reach out to the “ninth island.” www.alohapacific.com; 531-3711.

x CU PACIFIC AUDIT SOLUTIONS, LLC CU Pacific Audit Solutions, LLC has provided quality audit, compliance and risk management services to Hawaii Credit Unions for more than 18 years.

Endorsed by the Hawaii Credit Union League for superior quality, value and commitment in strengthening and protecting credit unions. Find out how CU Pacific can partner with you in protecting your credit union and its members. Call us at 808-942-7565.

x DIEBOLD INCORPORATED Diebold offers a comprehensive line of selfservice, security, and service solutions. With our successful line of Opteva® ATMs, advanced tellerautomation technology and remote-teller systems, our solutions are changing the way the world accesses cash and the way credit unions interact with members.

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What is a Credit Union?

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A credit union is a member-owned, not-for-profit, cooperative financial institution.

Credit unions:

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people,� allowing their members to pool their savings, lend to one another, and own the organization s &OLLOW CONSERVATIVE INVEST ment practices and lend responsibly

s 0ROVIDE THE SAME PRODUCTS and services—including Federal credit unions are surcharge-free ATMs, online chartered and supervised by financial services, and free the National Credit Union savings and checking Administration (NCUA). accounts—as other finanThrough this federal agency, cial institutions savings in federal and most s 2ETURN THEIR PROFITS TO THEIR credit union members by providing better services, state-chartered credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF), better rates, lower fees, and special discounts s /PERATE UNDER THE PHILOSOPHY OF hPEOPLE HELPING a federal fund backed by the United States government.

The Benefits of Membership

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redit union membership makes sense in a time when people are looking for the best value for their money. Members can save a substantial amount of money by using the products and services provided by their not-for-profit credit union. Credit unions generally provide financial benefits to members through lower loan rates, high saving rates, and fewer fees than banking institutions.

sively—often receive total financial benefits that are much greater than the average. s (AWAII CREDIT UNIONS excel in providing member benefits on many loan and saving products. In particular, Hawaii credit unions offer lower average loan rates on the following accounts: new car loans, used car loans, personal unsecured loans, first mortgage-adjustable rate, home equity loans, credit cards loans. s (AWAII CREDIT UNIONS also pay members higher average divi-

The Credit Union National Association (CUNA) estimates that Hawaii credit unions provided $78,013,437 in direct financial benefits to the state’s 810,094 members during the 12 months ending March 2011.

The Credit Union National Association (CUNA) estimates that Hawaii credit unions provided $78,013,437 in direct financial benefits to the state’s 810,094 members during the 12 months ending March 2011.

These benefits are equivalent to $96 per member or $183 per member household.

Estimated total benefits of credit union membership are calculated by accounting for differences in credit union and bank pricing. Specifically, average credit union savings account yields, loan interest rates and fees are compared to average bank savings account yields, loan interest rates and fees. The interest rate differences are then applied to respective average credit union loan and savings balances. Fee differences are weighted and applied to credit union non- interest income to obtain the total estimated benefits arising from fees.

The per-member and per-household benefits delivered by Hawaii credit unions are substantial.

Consider this: s &INANCING A

new automobile for 60 months at a Hawaii credit union will save members an average $174 per year in interest expense compared to what they would pay at a banking institution in the state.

Further, loyal members—those who use

dends on the following accounts: regular savings, share draft checking, money market accounts, certificate accounts, IRAs. ————————— *Source: CUNA’s Customized Analysis of Member Benefits for Hawaii March 2011 Find us on Facebook (Hawaii Credit Union League) and Twitter (@ HawaiiCULeague)

If you want to join a credit union – as hundreds of thousands of Hawaii residents have – go to www.asmarter choice.org or call 1.888 */). TODAY

Credit unions on top in customer satisfaction

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redit unions and small banks lead their larger rivals in customer satisfaction and loyalty, according to the Prime Performance 2010 Bank and Credit Union Satisfaction Survey released in December 2010. Based in Denver, Prime Performance specializes in helping financial institutions enhance the banking experience they deliver to customers.

The results from the survey of more than 6,000 U.S. bank and credit union customers indicate customer satisfaction is highest at credit unions and small banks. The report analyzes results for credit unions, small banks, large banks and megabanks, including Chase, Bank of America, and Wells Fargo. “The Credit Union National Association (CUNA) is not surprised at the finding, because this confirms what study after study have found,�

Bill Cheney, CUNA president/CEO, told News Now. “It’s fine to be included with ‘small banks’ in a survey such as this. However, it’s also important to note the very real and fundamental difference between banks and credit unions, regardless of size: Credit unions’ not-for-profit, cooperative structure. “Ultimately, that’s what separates all credit unions from the rest, and drives their passion to provide the best service to their members, rather than amass profits,� he added.

Survey findings included: s #REDIT UNIONS AND small banks rate highest in meeting their customers’ needs; s #USTOMERS BELIEVE

Your Lifeline For A Lifetime Proudly serving Hawaii’s fire fighters and their families since 1937

smaller institutions have the friendliest personnel and Chase the least friendly; s #USTOMERS AT CREDIT unions and small banks are far more likely to recommend others use their bank than customers at big banks and megabanks; s #USTOMERS AT CREDIT unions and small banks are far more apt to believe employees want to help them than customers at big banks and megabanks; and s #USTOMERS AT CREDIT unions and small banks are more apt to believe employees enjoy their jobs than customers at big banks and megabanks.

Your goals aren’t new. How you achieve them is.

In today’s digitally connected world, your goals aren’t new, but how you achieve them is. From proven account processing solutions to resultsoriented value-add tools, Fiserv is driving innovations that transform experiences for more than 16,000 clients worldwide.As the leading provider of technology solutions for credit unions, Fiserv offers a broad product portfolio that lets clients choose from an unmatched selection of integrated technology and services solutions that are relevant, practical and responsive in a changing market.

x HAWAII CENTRAL FCU Centrally located on South King Street, Hawaii Central FCU (HCFCU) has been serving Hawaii since 1937. HCFCU is continuously growing their products and services to better serve the specific needs of their over 12,000 members.

HCFCU offers a full range of deposit products, consumer loans, home loans and now; business lending. Just about everyone who works in Hawaii is eligible to join HCFCU. For more information, please visit www.hccu.info.

x HAWAII FCU If you live on Oahu you are invited to join Hawaii FCU – “Where Members Come First.�A fullservice community credit union offering personalized service and member friendly products and services. From checking and savings accounts to auto and personal loans, credit cards and online services, we’re focused on each member’s needs.

To find out more, give us a call at 847-1371 or visit us online at www.hawaiifcu.org.

x HAWAII LAW ENFORCEMENT FCU We serve to honor the employees and families of Hawaii’s law enforcement community.

Need a new car?

Planning to travel?

Having an important celebration?

HiTel FCU can help you with all of this and MORE. We offer a wide range of financial products and services for all facets of your life—work, play, family and everything in between.

Checking, savings, loans, mortgages, credit cards, online banking and more.

It’s all here for you!

Our doors are open to everyone who lives or works on Oahu.

Let us take care of all your money needs. Learn more by visiting us on the web at www.hitelfcu.com.

Hawaiian Tel

Federal Credit Union We would like to take this opportunity to thank our members for their loyalty and support for nearly 75 years!

1200 North School Street, Honolulu, HI 96817 Phone: 808-853-2355 • Toll-Free: 800-592-2290 Fax: 808-853-2280 • www.hfdfcu.org

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1138 North King • Honolulu • Hawaii • 96817 832-8700 • www.hitelfcu.com Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency

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Hawaii’s Credit Unions:

x HAWAIIAN TEL FCU With more than $500 million in assets, over 50,000 members and five locations across Oahu, Hawaiian Tel FCU is the largest community based credit union in Hawaii. This year we celebrate 75 years of member service and remain committed to our mission of helping people make their financial dreams come true. With our wide range of financial products and services, we can help you achieve your goals, no matter how big or small. Call 832-8700 today and discover the HiTel FCU difference. Hele Mai,You Belong!

x HAWAII USA FCU For over 75 years, HawaiiUSA FCU has provided financial products and services to Hawaii’s members, families and business partners. From savings and loans to online banking and planning for your retirement, they can help you reach your financial goals. HawaiiUSA also volunteers and donates to a number of Hawaii’s non-profit charities and organizations. They believe “If it matters to you, it matter us. Life matters�. For more details visit www.hawaiiusafcu.com.

x HICKAM FEDERAL CREDIT UNION

A Better Value For A Better Way of Life

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hat do you value? Many people value a nice home or a new car in the garage. Others value their families and work hard to ensure a secure future for their loved ones.

Still others value giving back to the community.

Credit unions care about the things you value in life and work to help you achieve a better way of life.

Did you know that credit unions offer a better value for your money?

Credit unions typically offer higher returns on savings and lower rates

on loans. Why? Credit unions are nonprofit cooperatives that value people before profits.

Credit unions are also a safe place to save your money. The National Credit Union Administration, an agency of the Federal government, insures credit union deposits.

Credit unions can guide you towards a better way of life through financial education and counseling.

Credit union employees are likely to share car buying tips while processing an auto loan. Many credit unions offer home buying or retirement planning seminars free of charge. A

Event connects people with practical resources

For over 75 years, Hickam Federal Credit Union has made a difference in its members’ lives with money-saving financial products and services.

Now, Hickam FCU is opening its doors to a wider field of membership. If you live, work, worship or attend school on the ISLAND OF OAHU,YOU CAN JOIN. Experience the difference with low rate auto and personal loans, home equity lines of credit, savings, and no-minimum balance, no-service fee checking. In addition, we provide many no- or low cost conveniences including online banking and a local and nationwide network of Shared Branches and surcharge-free ATMs. To join, visit www.hickamfcu.org.

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x HAWAIIAN TEL FCU With more than $500 million in assets, over 50,000 members and five locations across Oahu, Hawaiian Tel FCU is the largest community based credit union in Hawaii. This year we celebrate 75 years of member service and remain committed to our mission of helping people make their financial dreams come true. With our wide range of financial products and services, we can help you achieve your goals, no matter how big or small. Call 832-8700 today and discover the HiTel FCU difference. Hele Mai,You Belong!

The Expo attracted hundreds from the community, connecting people with practical resources.

he Hawaii First Community Resource Center, an outreach of Hawaii First FCU, works hard every day to deliver real solutions to the people of Hawaii County. In collaboration with various agencies and community organizations, the Center hosted its inaugural Hawaii First Community Resource Expo on January 28 at the Waimea Shopping Center.

The focus of the day was “people helping people� and the Expo offered the

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Audit • Compliance • Risk Management • Information Security (808) 942-7565 Office • (888) 432-8772 Toll Free www.cupacific.com • info@cupacific.com

good number of credit unions visit local schools to teach children about wise money management.

Credit unions make giving back to the community a regular part of doing business. Whether it’s raising thousands of dollars for local charities or providing financial services to low-income residents, credit unions believe in empowering the communities they serve.

If you are looking for a better value, look no further than a credit union. To join a credit union log onto www.asmarterchoice.org

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services of over 30 agencies and organizations from around the state. Hundreds of Big Island residents found myriad resources in one convenient location, everything from free professional makeovers to resume preparation to pre-screening and applications for electronic benefits transfer (fka food stamps).

Congresswoman Mazie Hirono made a special visit to the Expo and got a firsthand look at the communityâ&#x20AC;&#x2122;s needs as well as heard success stories from residents who utilize the services of Hawaii First Community Resource Center and other agencies represented.

Expo participants included Office of Hawaiian Affairs, KTA Superstores, Mamaâ&#x20AC;&#x2122;s House Thrift Store, Office For Social Ministry, County of Hawaii Office of Housing and Community Development, Family Support Services of West Hawaii, Legal Aid Society, Catholic Charities Hawaii, Hawaii County Fire Department, Hawaii County Police Department, State of Hawaii Veterans Affairs, American Cancer Society, Hamakua Health Center, North Hawaii Community Hospital, Child Care Connection, Traditional Chinese Medical College of Hawaii, Pu ÂŻ nana Leo O Waimea, County of Hawaii, Waimea Community Association, and many others.

The Expo also marked National Earned Income Tax Credit (EITC) Day. Hawaii First Community Resource Center provides free income tax preparation to the community through the IRS Volunteer Income Tax Assistance program.The EITC was a hot topic at the Expo as many people are eligible to receive it. â&#x20AC;&#x153;After long hours of planning and preparation, it was so rewarding to see people filling out forms, asking questions, and receiving assistance,â&#x20AC;? noted Hawaii First Resource Center Community Development Representative Mahealani Thompson Added Resource Center Director Alycia Juvik,â&#x20AC;&#x153;Our team holds themselves to a higher level of standards, which means it is our duty to ensure that we are doing all we can to help our community thrive, and that is exactly what this Expo was all about!

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Hawaii Credit Union League President Dennis Tanimoto presents a check to PBS Hawaii President and CEO, Leslie Wilcox. The funds, on behalf of Hawaii’s credit unions, sponsor in part the award winning Biz Kid$ show.

Hawaii First FCU Community Resource Center Director Alycia Juvik and Uncle Toma Barboza (center) with Office of Hawaiian Affairs trustees (L-R) Boyd P. Mossman, Haunani Apoliona, Robert K. Lindsey Jr., Oswald Stender, and Colette Y. Machado.

Hawaii First FCU, OHA partner to expand economic empowerment

Hawaii credit unions bring Biz Kid$ to PBS Hawaii

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a w a i i Saturday, March Credit 5 at 12 noon, on Biz Kid$ is a fast-paced Union PBS Hawaii.

League, on There are 26 epishow that teaches behalf of sodes that will financial education and Hawaii’s 85 credair every week; awaii First FCU has partnered vided through this program is Hawaii it unions, donatafter 26 weeks, entrepreneurship to with the Office of Hawaiian First FCU’s signature Individual Develop- ed $11,898.92 to PBS Hawaii will Affairs (OHA) to increase eco- ment Accounts (IDA). IDAs are matched underwrite Biz re-telecast each middle and high school nomic empowerment of Native Hawaii- savings accounts where participants set Kid$ programepisode for a goal, save their own money for that ming on PBS students. Sketch comedy another 26 ans in the community.

With the support of OHA, Hawaii First goal, then work tirelessly towards that Hawaii. Biz Kid$ for a total and young actors explain weeks, FCU developed the Native Hawaiian goal by achieving regularly set deposits, is the award-winof 52 weeks. As Prosperity Program which will be avail- financial education, financial counsel- ning television headlines of basic economic and able to Hawaii County residents seeking ing, small business development, and series broadcast financial probfinancial concepts that the tools needed to overcome poverty much more. Upon obtaining all of the on PBS affiliate lems continue requirements, their savings is then and obtain self-sustainability. This prostations nationto dominate the are underscored by gram includes the expansion of the matched $4 for every $1 saved, giving wide that teachnews, the finanHawaii First Community Resource Cen- them a credit towards necessary pur- es children how cial literacy of real-world young ter to Hilo; no cost financial counseling chases required for their goal, which to make and our youth—our entrepreneurs. to Hawaii County residents; financial goes directly from the credit union manage money. future econom“We believe education outreach to various Hawaii towards their asset purchases. ic leaders—is “We work on the front lines with our that PBS Hawaii’s County schools; and resource assistance more critical focused on economic empowerment. A community members and see what works commitment to quality Kid$,” said League than ever. Biz Kid$ is an recent $1,242,690 Community Develop- and what doesn’t from day to day,” notes programming provides President Dennis entertaining, fast-paced ment Financial Institution grant the cred- Hawaii First FCU President/CEO Laura the perfect venue to teach Tanimoto on behalf of its series that teaches kids it union received will help to fund the Aguirre.“The impact these vital resources and promote the values of member credit unions. As how to use credit wisely are making on our island is what keeps us savings, budgeting and not-for-profit cooperative and how to be their own Hilo center.

One of the innovative products pro- striving to make these programs possible.” investing through Biz financial institutions, financial managers.

Hawaii credit unions Produced in High Proudly Serving believe in the philoso- Definition (HD) by the Oahu Transit Service Serving all military phy of “people helping creators of the Emmy Employees Since 1937 personnel, active and people,” and are proud Award-winning series Bill retirees, federal to support PBS Hawaii Nye the Science Guy, Biz government employees, Established 1951 Sound Money Management & in providing quality Kid$ illustrates the imporJoin OTS private contractors, their Full Range of Services for Employees FCU financial education for tance of saving, budgeting, Our Members.

Celebrating 60 Years families and dependents Today! the keiki of Hawaii. investing, and giving back working or using services Main Office, Schofield Barracks, HI at Schofield Barracks Biz Kid$ debuted on to the community.

Ph: (808) 624-9884 848-4408

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Kapalama Office, Honolulu, HI Ph: (808) 845-9070

or at any military installation in Hawaii.

811 Middle St.• Mon-Fri 8-4

x HONOLULU FCU

Join today’s credit union movement!

You are automatically eligible as a UH student, faculty, or staff and your family members are too.

Checking, Savings, Loans, and More FREE Debit Card FREE Online Bill Pay All with a Not-for-Profit Philosophy!

Visit any BRANCH, call 983-5500 or go to UHFCU.com to join.

Access your UHFCU accounts on the go – anywhere you go!

Online: UHFCU.com * Apply for a Loan * Bank Online * Pay Bills

At a Branch Over 50 Shared Branches Statewide & 1000’s more around the globe

At an ATM Over 275 Surcharge-Free *Any First Hawaiian Bank or Kalabash ATM

Whether you’re seeking to build credit, obtain financial security, or want to learn how to handle your money better, Honolulu FCU offers a fullrange of personal financial services to help you with that home, vehicle, credit card, and checking account for everyday living. In addition to better value and service, we provide convenience with nationwide shared branching and surcharge-free ATM networks. Call 203-5850 for information on becoming a valued member-owner.

x HONOLULU FIRE DEPARTMENT FCU The Honolulu Fire Department Federal Credit Union was founded by fire fighters for fire fighters 75 years ago. Our membership is open to fire fighters, members of the Hawaii Fire Fighters Association, Local 1463, members of their immediate families and households.

The Credit Union is committed to provide quality, personal, financial services to our memberowners while ensuring safety and soundness.

x OAHU FCU

Thank you for allowing us to serve you!

Hawaii FCU has been serving the financial needs of the community for the past 74 years. We have grown to become a full-service, member friendly, community credit union serving all residents of Oahu.

Join for service. Stay for relationships.

1244 KAUMUALII STREET, HONOLULU, HI 96817 PHONE: 847-1371 www.hawaiifcu.org

If you live or work in Neighborhood Boards #1 thru #23, #24 and #35 you are now eligible to join Oahu Federal Credit Union. To our many members we say, “Thank You for your loyalty and patronage. Best wishes to you and your family on this day that we celebrate credit unionism.

x OTS EMPLOYEES FCU Organized to serve a specific group. OTS Employees Federal Credit union is able to gain a thorough understanding of our members needs.

This knowledge has allowed us to provide an unsurpassed level of service and dedication to The Bus & Handi-Van employees, and their families since 1937. We’re proud to serve you!

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¯ FCU x PRINCE KU¯HIO Prince Ku ¯ hio ¯ Federal Credit Union’s mission is to provide financial services that meet the needs of our members, assist those of low and moderate income, and promote community economic development. Visit us at www. princekuhiofcu.com.

x THE QUEENS FCU The Queen’s Federal Credit Union serves Hawaii’s Healthcare Industry with a full range of banking services. Banking is easy and done from anywhere with The Queen’s FCU online banking service, The Queen’s Telephone, and Mobile Banking. Ask us about our business loans, mortgages, equity loans, or “any kine” loans today!

Yes, credit unions have a y for kids!

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awaii’s credit unions were among the top fundraisers for Kapi‘olani Children’s Miracle Network in 2010-1011. Three credit unions were honored at Kapi‘olani Children’s Miracle Network’s 3rd Annual Partner Celebration and Campaign Kick-Off, held on April 6 in Waikele.

Represented at this meeting were Aloha FCU,Aloha Pacific FCU, Hawaii Law Enforcement FCU, Pearl Harbor FCU, Windward

Community FCU as well as the League.

Three Hawaii credit unions—Aloha Pacific FCU, Media Hawaii FCU, and Sheraton Hawaii FCU—were singled out as part of the top 10 most improved fundraising organizations. Aloha Pacific FCU was called upon to share their fundraising strategies, which involved a bake sale that set branches against each other in friendly competition. The credit union

raised $20,000.

On August 26, the staff at Hickam FCU and University of Hawai‘i FCU worked the phones at the Kapi‘olani Radiothon for Kids. A total of $4,815 was raised during the credit union shift from 4:00 p.m.–6:00 p.m. The final total for this year’s Kapi‘olani Children’s Miracle Network Radiothon for Kids was $133,085.

The two-day radiothon was broadcast on KSSK from August 25-26, live

from the Kapi‘olani Medical Center for Women and Children.

Hawaii’s credit unions support Kapi‘olani Children’s Miracle Network through the Credit Unions for Kids program. To date, Hawaii credit union have raised over $450,000 to benefit the programs and services of Kapi‘olani Medical Center for Women and Children, and ultimately, the children of Hawaii.

x SCHOFIELD FCU Schofield FCU is a financial cooperative with a philosophy of people helping people, and exists to provide services with the highest quality, efficiency and integrity for the benefit of its active and retired military,civilian workers and their families. Mahalo to all our soldiers for the sacrifices they make on a daily basis.

x UNIVERSITY OF HAWAI‘I FCU University of Hawai‘i Federal Credit Union (UHFCU) is a full-service financial institution dedicated to the students, faculty, staff and UH Alumni Association members of the statewide UH system. Show your school pride and join the more than 24,000 UHFCU members who have discovered the difference. For information about joining UHFCU, call 983-5500, visit our main branch (2019 South King Street) or go to UHFCU.com/join.

More than 1,500 students received free school supplies.

(L-R, front): Bari Carroll and Barbara Gambol, University of Hawai‘i FCU; Jaci Tamura, Pia Renteria, Tony Uza, Hickam FCU. (L-R back): Kiana Carbaat, Drezleen Oshiro, Lyris Kaneshiro, Patrick Miyasato, and Tracie Yoshioka; Hickam FCU. Photo Courtesy of James Anshutz.

Credit unions donate school supplies to underprivileged kids

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n Saturday, July 23, Kauai Community FCU along with other organizations

participated in the first annual Free School Supplies Day. The event was presented by the Kauai Family Magazine at the Kukui Grove Shopping Center.

Tables were set up in a covered area with a number of volunteers and credit union staff handing out free school supplies to Kauai’s children and families. These included pencils, crayons, erasers,

Credit union representatives at the Kapi‘olani Children’s Miracle Network Partner Celebration and Campaign Kick-Off in April. (LR) Ivy Root, Hawaii Law Enforcement FCU; Chantel Lee, Windward Community FCU; Doug Mashino, Aloha FCU; Wendy Bond and Julie Willis, Pearl Harbor FCU; Wallace Watanabe, Kaipo Nuuanu, Sheri Yorimoto, Gary Iwai, and Malcolm Inamine, Aloha Pacific FCU.

glue, composition books, colored markers, rulers and binder paper along with other school items.

To prepare for this event, the credit union held a school supplies drive and invited members to drop off donations at any of their branches. “A display table and drop-off boxes were situated in the lobby of each of our five offices” said Kauai Community FCU Marketing Vice President Irving Soto.

“Members even donated money so the credit union could buy supplies for the event.”

The event started at 10:00 am and was sched-

uled to last until 2:00 pm, but all school supplies were depleted by 1:00 pm.

More than 1,500 students received free school supplies.

Hickam FCU kicked off the start of the school year by donating $1,600 worth of much needed school supplies including backpacks, pens, pencils, crayons, markers, folders and other essentials to Aiea Elementary School. The school supplies, which were donated by Hickam FCU employees, were given to needy students attending the school to help them succeed in the classroom.

Credit unions provide VITA(L) tax service to residents

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he Volunteer Income Tax Assistance program offers free tax help to low- to moderate-income (generally, $49,000 and below) people who cannot prepare their own tax returns.

Certified volunteers receive training to help prepare basic tax returns in communities across the country.

Offering a VITA requires a high level of commitment from credit union staff, who must undergo training and give up their weekends for tax prepara-

tion services. These credit unions see the value in helping, not only their members, but the community as a whole. Through these VITA sites, many in the community have been able to claim Earned Income Tax Credits and Child Tax Credits, something these individuals either never knew about or did not know how to claim.

In Hawaii, credit union participation in VITA is a natural fit. Several credit unions host VITA sites through HACBED (Hawaii

At Diebold, we help credit unions evolve with changing member needs, and provide world-class security, consulting and self-service solutions.

Let us help simplify your formula for success.

For more information, call 1.808.837.6400, email requests@diebold.com or visit www.diebold.com.

Alliance for CommunityBased Economic Development). s (AWAII 3CHOOLS &#5 s (ICKAM &#5 +APOLEI and Pearlridge branches) s +EKAHA &#5 s 4HE 1UEEN S &#5 s 6ALLEY )SLE Community FCU s 7AIALUA &#5 The efforts of these credit unions are reflected in: s 4OTAL NUMBER OF returns filed - 537 s 4OTAL DOLLAR AMOUNT IN refunds - $928,995 s 4OTAL DOLLAR AMOUNT IN Earned Income Tax Credits - $294,306 s 4OTAL DOLLAR AMOUNT IN Child Tax Credits $151,893 In its third year participating in VITA, Hawaii First FCU had its best year yet assisting 154 Hawaii County residents at its VITA site, which it hosts through the IRS. With only three to six tax preparers, the credit union assisted 154 people, filed 142 returns, and obtained a total of $226,257 in tax refunds. As certified credit union financial counselors, Hawaii First FCU staff was also able to educate people on wise money management.

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Kamehameha FCU amps up Youth Week Credit

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ational Credit Union Youth Weekâ&#x201E;˘ was celebrated April 17-23, 2011 with the theme Money Rocks at my Credit Union.

Kamehameha FCU rocked with this yearâ&#x20AC;&#x2122;s by inviting young members to visit the credit union during the month of April and play Guitar Hero for a chance to win a $60 Game Stop gift card. Youth members also received double punches to their punch cards for every deposit of $10 or more during the month. For all new youth accounts opened during the month the

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Hawaiiâ&#x20AC;&#x2122;s Credit Unions Encourage Public to â&#x20AC;&#x153;Have a Rice Dayâ&#x20AC;? and Help Feed the Hungry

T Credit union staff by day, rock stars by night? Kamehameha FCU staff gets into the spirit of Youth Week.

youth received a free My Money Rocks at Kamehameha FCU t-shirt along with their savings passbook, punch card, and personal bank.

The credit union opened 13 new youth accounts for the month of April and had 21 deposits made to new and existing youth sav-

ings accounts. The National Youth Saving Challenge puts the spotlight on credit unions and highlights its community service and financial education efforts. This service commitment is what makes credit unions unique when compared to other financial institutions.

Kaâ&#x20AC;&#x2DC;u FCU, HACBED teach kids how to save

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n September 2010, Kaâ&#x20AC;&#x2DC;u FCU, located on the southern-most end of the Big Island, partnered with Hawaiâ&#x20AC;&#x2DC;i Alliance for C o m mu n i t y - B a s e d Economic Development (HACBED) to bring the Kidâ&#x20AC;&#x2122;s Savings Happy young savers at PaÂŻhala Project to PaÂŻhala Elementary School.

Elementary School.

The Kids Savings Pro- unions that emphasize ject is the brainchild of financial education Dr. Michael Cheang, assis- became a perfect parttant professor at Univer- ner for the program.

The credit union sity of Hawaiâ&#x20AC;&#x2DC;i-MaÂŻnoa Department of Family signed up 62 children for and Consumer Sciences this project. Kaâ&#x20AC;&#x2DC;u FCU in the College of Tropical had two pre-scheduled Agriculture and Human deposit days each Resources. The Project month. Says Kaâ&#x20AC;&#x2DC;u FCU was motivated by his General Manager Cheryl concern about our coun- Weaver, â&#x20AC;&#x153;Our little savers tryâ&#x20AC;&#x2122;s financial crisis and would come to the cafethe need for children to teria between 7:15 and start the savings habit 8:15 am to meet Aunty early in life. Not-for-profit, Jeanette, Kaâ&#x20AC;&#x2DC;u FCU memmember-owned credit ber service representa-

tive, make their deposit and learn about the rewards of saving.

Working on this project with HACBED and Dr. Michael Cheang of the U n ive rsity of Hawaiâ&#x20AC;&#x2DC;i at MaÂŻ-noa was a very rewarding experience.â&#x20AC;?

After eight months, 62 children saved nearly $4,000. Kaâ&#x20AC;&#x2DC;u FCU and HACBED held a reward ceremony on May 25 where each child was recognized and enjoyed a dinner with their parents.

Kaâ&#x20AC;&#x2DC;u FCU serves the mostly rural area of the Big Island and is the only financial institution dedicated to servicing the community villages and towns in a district that is one and a half times the size of Oahu.

pantries on the neighbor he Hawaii Credit islands. Help Hawaiiâ&#x20AC;&#x2122;s Union League credit unions â&#x20AC;&#x153;Have a e m b a r Rice Dayâ&#x20AC;? and feed ked on a unique fundHawaiiâ&#x20AC;&#x2122;s hungry. raising opportunity to Credit unions have help stock food bank been cooking up fun shelves across the State. events to help members â&#x20AC;&#x153;Have a Rice Dayâ&#x20AC;? â&#x20AC;&#x153;Have a Rice Day.â&#x20AC;? On kicked off September 9 Oahu, Hawaii Law and runs through November 10 at 29 par- Have a Rice Day mascot â&#x20AC;&#x201C; Gohan Da Enforcement FCU and Hawaii Central FCU ticipating credit unions Hawaiian Rice Guy â&#x20AC;&#x201C; says, â&#x20AC;&#x153;Rice is made breakfast for their on Oahu, Maui, Kauai, nice in paradise!â&#x20AC;? members. Maui County and the Big Island. The public is invited to donate According to Hunger in FCU is serving rice based 20 pound bags of rice or America 2010, 183,500 dif- dishes every Friday, includcash equivalents, which ferent people in Hawaiiâ&#x20AC;&#x201D; ing ochazuke and Spam Valley Isle will benefit the Hawaii over 14 percent of our pop- musubi.

Foodbank and its neigh- ulationâ&#x20AC;&#x201D;is receiving emer- Community FCU is gatherbor island partners, Maui gency food assistance ing recipies for a cookbook the Hawaii and is also giving members Food Bank, Hawaii through Foodbank Kauai, and The Foodbank network. That the opportunity to win a Food Basket on the Big includes 55,050 children rice cooker. On Kauai, Island. In return, credit and over 11,000 seniors Garden Island FCU created unions will give donors who would go hungry if not at â&#x20AC;&#x153;Have a Rice Dayâ&#x20AC;? wall of special rice paddles to for the services of the fame with paper sushi and spread the â&#x20AC;&#x153;Have a Rice Hawaii Food Bank and its spam musubi displaying affiliated food banks and the names of donors.

Dayâ&#x20AC;? message.

Web site shows why credit unions are a smarter choice and makes it easy to join

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ccording to an article that appeared in the September 18 issue of the Wall Street Journal, you can get â&#x20AC;&#x153;more bang for your buckâ&#x20AC;? at a credit union. Not-for-profit credit unions typically offer better deals on checking accounts, loans, and other products compared with for-profit banks. And itâ&#x20AC;&#x2122;s a lot easier these days to join one of the more than 7,000 credit unions nationwide.

Credit unions make a difference for their members and the communities they serve. â&#x20AC;&#x153;aSmarter-

Mahalo To Our Members Hawaii Central Federal Credit Union is committed to making it easy for our members to save, invest and borrow!

For Your Continued Support and Patronage!

Join HCFCU today and enjoy these member benefits: + Over 28,000 Surcharge-Free ATMs + No-Fee Checking Account + No-Fee for VISA Debit Card usage + Shared Branching at over 4,000 Credit Union locations locally and nationwide

Connect. Inform. Belong.

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FFederally insured by NCUA

Choice.org,â&#x20AC;? a project of the nationâ&#x20AC;&#x2122;s credit unions, was developed to help everyone understand that credit unions are the best option for consumers for conducting their financial business.

The web site was developed through a partnership between the Credit Union National Association and state credit union leagues

(including the Hawaii Credit Union League), with development and maintenance costs borne entirely by the state associations across the nation.

There is no charge for consumers or credit unions to use the web site.

A key element of aSmarterChoice.org is a â&#x20AC;&#x153;credit union locatorâ&#x20AC;? that directs consumers to a credit union they can join with minimal hassle and no confusion. The credit union finder includes all credit unionsâ&#x20AC;&#x201D;regardless of their charter, affiliation, size, or business models.

The web site also includes basic information about credit unions, the latest â&#x20AC;&#x153;good newsâ&#x20AC;? about credit unions appearing in the national, regional, and local news media, and much more.