• 2007 Annual Report
• Fields of Membership
• 2008 Holiday Schedule

Honolulu Federal Credit Union (HFCU) was chartered on December 3, 1936 as a financial cooperative for U.S. Federal Employees employed in Honolulu. It was the fifth credit union formed in what was then the Territory of Hawaii. Today, HFCU has more than 18,000 members with assets of over $214 million, served by over 60 employees at five branches and one accounting office.

The credit union was chartered as a not-for-profit cooperative, owned and operated for the benefit of its members. While what a credit union does is similar to what a bank does (both make loans and accept deposits), it is why we do it and how we do it that make us different from banks. Credit unions are owned by their members, and any surplus above expenses belongs to its members. Credit unions are run by unpaid volunteers who serve on the Board of Directors and/or Supervisory Committees. The board, in turn, hires a staff to run the day-to-day operations. Credit unions do not have stockholders and are democratically run, meaning each member has only one vote. There are over 8,600 credit unions in America today.

HFCU is "Enriching..." Our mission statement reflects this dedication: "We are committed to serve our members by providing quality services, products and education to help achieve their financial success!"

Some benefits that credit unions give which other financial institutions do not are free member insurance - life savings, loan protection and accidental death. Our credit union also has no fee for most ATM withdrawals and travelers' checks; no annual fee on VISA Gold and Classic credit cards, and one free order of share drafts (checks) per year.

The objective of HFCU is to provide high savings rates and low loan rates to our members.

In 2007, HFCU shares were $185.9 million and loans grew to $130.0 million. The credit union approved 3,539 loans totaling $45.1 million. The average return on all shares was 2.63% and the average rate on all loans was 6.81%. Net income was $484 thousand and capital remained a strong 12.55% of assets. This very high capital ratio helps to keep HFCU strong and your savings safe.

Individuals in the following fields of membership are eligible to join Honolulu FCU:

• Civilian employees of the U.S. Government headquartered in Honolulu, Hawaii, including civilian and military employees of all branches of Department of Defense.



• Civilian and military personnel of the 14th Coast Guard District who work in or have headquarters in the 14th Coast Guard District, Hawaii.



• Members of the U.S. Armed Forces including the U.S. Coast Guard who live in Hawaii, active or retired, or their dependents or dependent survivors who live in Hawaii who are eligible to receive and are receiving benefits or services from the Sand Island Coast Guard Base in Hawaii.



• Contractors and employees of contractors who regularly work at the Sand Island Coast Guard Base in Hawaii under contract with the U.S. Government except those who are eligible for primary membership in another credit union by virtue of their employment.



• Employees of Honolulu FCU.



• Employees of the following businesses:



1. 1350 Ala Moana Condominium Project
2. 2-K Taxi
3. 24 Hour Fitness
4. 5 Star TransCare Systems
5. A & E Equipment Rentals, Inc.
6. A1 International, Inc.
7. A-1 Auto Sales, LCC
8. ABC Child Care
9. Abilities Unlimited
10. Accel Party Rentals and Design
11. Active Sportswear
12. Adam J. Bechok
13. Adventures Hawaii
14. Ahkom Services
15. AKAL Security
16. Akamai Raingutters
17. Alison A. Koyanagi
18. All Island Automotive Towing
19. Aloha Auto Auction
20. Aloha Care
21. Aloha Home Loans, LLC
22. Aloha Hyundai KIA
23. Aloha Pantry & Sushi Piikoi
24. Aloha State Sales
25. Alphadent Laboratory of Hawaii
26. Alterations N More
27. AMC, LLC
28. Amalia Garcia-Lindenmuth
29. American Express Travel
30. American General Financial Group
31. American Home Mortgage
32. American Retail Supply
33. Ampco Systems
34. Amy Y. Ching
35. Angelo P. Russo dba Bio Pro Technology
36. Anna Li Clinic of Chinese Medicine and Acupuncture
37. AOAO of Sunset Lakeview Apartments
38. A-OK Grooming & Sponsoring
39. Army Air Force Exchange Service (AAFES) Hickam Military Clothing Sales Store
40. Arts & Graphics
41. Ashley-Ann Yonamine
42. Assaggio Ristorante Italiano
43. Atlantis Adventures
44. Atomic Performance, Inc.
45. At Your Service Companies
46. Auntie Pasto's Restaurant
47. Aunty Yong's Place
48. Aurelia I. Padilla dba JJB Asset
49. Auto Tech Service Center, Inc.
50. Autofinders
51. BAE Systems
52. Baldauf Lawn Service
53. Bao K. Ngo
54. Bassett Development Co.
55. Beacon's Restaurant
56. Beneficial Mortgage Co. of Hawaii
57. Best Look, Inc.
58. Big Kahuna's Pizza
59. Billy's Crystal Beauty/Billy's Food Sport
60. Bluenates LLC dba Daily Buzz Cafe
61. Bluwater Grill
62. BNC Mortgage, Inc.
63. BP Hawaii Group, LLC
64. Brian M. Watanabe
65. Brooks, Tom, Miller & Porter
66. Busch Consulting, Inc.
67. Capone's Ultimate Detail, Inc.
68. Cardiology Associates, Inc.
69. Care Givers of Hawaii
70. Carla's Milk & Cookies
71. Carmen's Daycare
72. CCA Home Mart, Inc.
73. Central Pacific Homeloans, Inc.
74. Centurion Insurance Agency
75. Certapro Painters
76. Charter Funding
77. Charter Mortgage, Inc.
78. Chauntel M. Busch'e
79. Chili's Bar & Grill Waikele
80. China Airlines
81. Chugach Support Services, Inc.
82. Chunji International Corporation
83. CitiFinancial
84. Classic Hawaiian Kitchen
85. Clear Choice Builders, Inc.
86. Clinical Laboratories of Hawaii LLP
87. Club FNU Inc.
88. Coffee or Tea, Inc.
89. Connie Gayle Skin Care Centre, Inc.
90. Consulate General of the Philippines Honolulu
91. Coolrice, LLC
92. Comforcare Hawaii
93. Coral Wireless dba Mobi PCS
94. Costco Wholesale
95. Creations by Toy
96. C & S Wholesale Grocers, Inc.
97. Curves
98. D's Framing
99. Daniel O. Ramiscal dba D.R. Auto Detailing
100. Danny K. Sam
101. Dawson International
102. Dean Kipi, Jr.
103. Dean's Security Professionals
104. Debbie Hart
105. Debra A. Nahinu
106. Deering K. Lewis
107. Devan Paul Kimoto
108. Devland Management
109. Dillion L. Bracken
110. Door to Door Auto Detailing
111. Down to Earth Natural Foods & Lifestyle
112. Duffy International
113. Dustin B. Deleon
114. E. Maria Trucking Co.
115. E Unciano Contracting
116. Edward Enterprises, Inc.
117. Eli's Diamonds & Jewelry Direct
118. Elizabeth Cua-Oasay
119. Energy Industries, LLC
120. Ernesto P. Guieb, Jr. dba Guieb's Catering
121. Etsin Ringlen
122. Eurosport Inc.
123. Excellent Auto Center, Inc.
124. Executive Auto Salon, LLC
125. Exotic Motorcars LLC
126. Fajardo Enterprises
127. Faualo Tusigaigoa F T
128. Ferreira's Trucking
129. Financial Management Association
130. First Class Tinting
131. Flexa Hawaii
132. Foh/Professional Performance Development Group, Inc.
133. Fonseca Co.
134. Frederick Fong, M.D.
135. Fresh & Natural, LLC
136. Fuhe's Repair
137. Full Spectrum Mortgage
138. Gary A. Ferreira
139. GEICO General Insurance Co.
140. Goodwill Industries of Hawaii
141. Grand Construction LLC
142. Guy Derek, Inc. (C. June Shoes)
143. H & H Technologies, Inc.
144. Hac Sales
145. Halau Ka Wailola, LLC
146. Halawa Valley Auto Repair
147. Hale Koa Hotel
148. Harry's Cafe
149. Hawaii Nanny Domestic
150. Hawaii Pacific Concrete & Paving
151. Hawaii Self Storage
152. Hawaiian Agents, Inc.
153. Hawaiian Blades
154. Hawaiian Island Homes, Ltd.
155. Hawaiian Magic Baskets
156. Hawaiian Ukulele Company
157. Hawaiian Western Transport
158. Hawthorne Administrative Services
159. Heidi L. Miller
160. Heights Productions
161. Hertz Corporation (Honolulu Airport Division)
162. Hina Mauka
163. Hokua Condominium
164. Hokuahi Lawns, Inc.
165. Home Loans of Hawaii
166. Honolulu Processing, LLC
167. Immanuel Enterprises, Inc.
168. Indochine Café and Karaoke
169. In Kuw Shim
170. In Production
171. Iniki Enterprises Limited
172. In-Motion Promotions
173. Inter Island Sportfishing
174. Iris M. Ramirez dba Iris's Hairstyling
175. Island Anodize
176. Island Title Corporation
177. I Spy Customs
178. Jacobsen Labor Services, Inc.
179. Jade Audio Video Associates
180. Jake's Lawn Service
181. James Nishimoto, HRC Company
182. Jaron R Ching aka Ching Flooring
183. Jeffrey K.H. Chang
184. Jennifer Frank, MD
185. Jersen Plumbing
186. Jihan Corporation
187. JFT Dev Corp dba Twomey Flooring
188. JM Pacific Auto Body
189. JOA Deli
190. Joe Pacific Shoe Repair
191. John Hancock Honolulu Jube Agency
192. John Mullen and Company, Inc.
193. Jon Ren Salon
194. Joseph William Use
195. Kahu Malama Nurses, Inc.
196. Kailua Nail Care
197. Kaimana Travel & Party Rentals
198. Kamakee Lindsey
199. Kapolei Realty inc.
200. Karen D. Hutcherson
201. Kawaihae Pizza inc. dba Cafe Pesto
202. KB Travel Consultants
203. Kirkland Cabinetry LLC
204. Kleen Sweep Janitorial Services
205. KKC Coordinating
206. Kmart Kapolei
207. KMR International, Inc.
208. Ko'olau Golf Club
209. Kove's Auto Detail
210. Kristopher D. K. Kato
211. Krystelyn K. Ramos
212. KS Jewelry Design, LLC
213. Kumon
214. Lauren A. Parks
215. Law Offices of Marvin S.C. Dang
216. Len Oyama
217. Lenore H. Lee, Attorney at Law
218. Leota Rockwall
219. Lita Soria Care Homes
220. M. Angela Smith
221. Majestic Services
222. ManagementAids, Inc.
223. Maria Y. Goings
224. Marites R. Collado
225. Marvin Ching
226. Masae Shimizu
227. Masako Hawkins
228. Max Nakata Garcia, Attorney at Law
229. Meridian Auto Consultants, LLC
230. Meridian Financial Network Inc.
231. Merle Norman Cosmetics Studio
232. MGM Services
233. Michael D. Rigodon
234. Michael M. Okano, D.D.S., Inc.
235. Michael M. Powers Distributors
236. Midas Auto Service
237. Middle Kingdom Travel, LLC
238. Mid-Pacific Partners, LLC
239. Mortgage Ability, Inc.
240. Mortgage Brokers Consortium
241. Moss Engineering, Inc.
242. MRW & Co.
243. Muriel Cablay
244. Myles S. Breiner, Attorney at Law
245. NAVAK Distributing, Inc.
246. Never Quit Enterprises, Inc.
247. New Era National Video Store
248. Nick M. Dietrick
249. Ohana Finance, Inc.
250. Onestop Wireless LLC
251. P&I Services
252. PACBLU
253. Pacific Air Cargo
254. Pacific Diamond and Swiss Watch Exchange
255. Pacific Isles Equipment Rental, Inc.
256. Pacific Mechanical Company, Inc.
257. Pacific Mortgage and Loan Reduction
258. Pacific Resources, LLC
259. Pacific Rim Cycle
260. Pacific Shipyard International
261. Pacific Trans LLC
262. Palama Meat Company
263. Pancho's Solar Systems
264. Paradise Cafe
265. Paradise Skycap Services, Inc.
266. Party Planners of Hawaii
267. Paula Kaneshiro
268. Pave Rentals
269. Pearl City Auto Collision
270. Pediatric Dentistry Associates
271. Pension Services Corporation
272. Phyllis Z. Levy MSW LCSW
273. Plantation Candles
274. Post Office Cafe
275. Prime Design Group
276. Rainbow School
277. Randall Morita Design
278. Redemption Academy
279. Reiko Maeshiro
280. Reliant Security Corporation
281. RE/MAX Honolulu
282. ResortQuest Hawaii dba Waikiki Beach Hotel
283. Rhoda Feinberg, PhD
284. Richard D. Gronna, Attorney at Law
285. Richard Martin Repossessions
286. Richelle L. Hamamoto dba Holoholo Prints
287. Richie L. Concepcion
288. Ridgetop Hawaii Inc.
289. Robert F., Shirley K. Sester
290. Rodney Sparrow Enterprises
291. Romeo & Evangeline Garcia
292. Russell K. Lapera Jr dba Kaimana Trucking
293. Rustam A. Barbee, Attorney at Law
294. S&M Painting
295. Sabu S. Utai dba S.R.S.U. Auto Clinic
296. Safeguard Services, Inc.
297. Salon & Body Fitness Spa
298. Sam the Man BBQ & Ramen
299. Samson K. Woodlyn
300. Sansei Seafood Restaurant & Sushi Bar
301. Scott's Plumbing
302. Service Corps of Retired Executive Association of Hawaii, Inc. (SCORE)
303. Securitas Security Services USA, Inc.
304. Security Innovations, Ltd.
305. Sephora Ala Moana
306. Shawn Santos Construction, Inc.
307. Shanelle Baxa
308. Sho Horiuchi Realty, Inc.
309. Simi P. Sepulona dba First Pacific Dealer
310. Sinclair Drywall Inc.
311. S. Kolona Painting, Inc.
312. Sonic Motorsports, Inc.
313. Small Engine Clinic
314. Staffing Solutions
315. Star Financial, LLC
316. State Farm Insurance Kapolei
317. Stephanie K. Warner
318. Stephen B. Yim, Attorney at Law
319. Subway Salt Lake & Pearl Harbor
320. Success Solutions, LLC
321. Sunrise Construction, Inc.
322. Tamera Lee Meznarich
323. Taste of China, Inc.
324. Technology Resources Support
325. The Cheesecake Factory
326. The Fashion Image
327. Thinker Toys Ala Moana
328. Tiburon Development, Inc. dba Quest Intelligence Bureau, Ltd.
329. T&T Tinting Specialists, Inc.
330. TOBN, LLC
331. Tony Group AutoPlex
332. Tony Group AutoPlex Bodyshop
333. Tony Huynh dba Hollywood Nails & Spa
334. Triad Travel Services, Ltd.
335. Two Bears Auto Detailing, Inc.
336. Union Glass Maintenance
337. Unique Auto Sales
338. Unique Mortgage, LLC
339. USERS, Incorporated
340. Vakautapol Lauaki
341. Valenti Print Group
342. Vangie's Beauty Salon
343. Vern Walter
344. Victor's Fine Jewelry
345. Voyager Auto Sales
346. V-Tech Auto Service
347. Vui Vui, Inc.
348. Waltjen Ohana Counseling
349. Walter P. Thompson, Inc.
350. Washington Shave Ice
351. Weil & Associates
352. Wells Fargo Home Mortgage Hawaii Fulfillment Site
353. Wesley Y.S. Chang, Law Offices of
354. Westaff of Hawaii
355. World Class Limousines, Inc.
356. World Wide Window Cleaners, Inc.
357. Wu Song He
358. W.W. Construction LLC
359. Y. Hata and Co., Ltd.
360. Yamano Aiko Salon of Beauty
361. Yokota and Li, CPA
362. Yoon's Carpentry
363. Yummy Korean Bar-B-Q
364. Zep Manufacturing Company
365. Zhi Huan Joe Zhang dba Z H Construction


• Family members of and persons sharing a household with existing members can join Honolulu FCU.

Complete a Credit Union membership form now.

Holiday Schedule may be subject to change.