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About HFCU


Honolulu FCU - About HFCU

History and Background

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 15,000 members with assets of over $231 million, served by 40 employees at four branches.

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 7,500 credit unions in America today.

HFCU is "Enriching Island Life." 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."

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

In 2011, HFCU shares were $203.3 million and loans were $104.0 million. The credit union approved 2,122 loans totaling $21.2 million. The average return on all shares was 0.44% and the average rate on all loans was 5.44%. Net income was $997 thousand and capital remained a strong 10.72% of assets. This very high capital ratio helps to keep HFCU strong and your savings safe.

Fields of Membership (FOM) - Membership Eligibility

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


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

Complete a Credit Union membership form now.

Holiday Schedule

January 2015
Thursday, January 1 All Offices closed to observe New Year's Day
Monday, January 19 All Offices closed for Martin Luther King, Jr. Day
February 2015
Monday, February 16 All Offices closed for Presidents' Day
March 2015
Thursday, March 26 All Offices opened on Kuhio Day
April 2015
Friday, April 3 All Offices opened on Good Friday
May 2015
Monday, May 26 All Offices closed for Memorial Day
June 2015
Thursday, June 11 All Offices opened on Kamehameha Day
July 2015
Friday, July 3 Airport Office opened; Other Offices closed to observe Independence Day
Saturday, July 4 All Offices closed for Independence Day
August 2015
Friday, August 21 All Offices opened on Statehood Day
September 2015
Monday, September 7 All Offices closed for Labor Day
October 2015
Monday, October 12 All Offices closed for Columbus Day
November 2015
Tuesday, November 3 All Offices opened on Election Day
Wednesday, November 11 All Offices closed for Veterans Day
Thursday, November 12 Airport Office closed to observe Veterans Day
Thursday, November 26 All Offices closed for Thanksgiving Day
December 2015
Friday, December 25 All Offices closed for Christmas Day

Holiday Schedule may be subject to change.



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