Hawaii County Employee Federal Credit Union - Savings Options
Savings Options

The share (savings) account establishes your membership and eligibility for all other services offered. Your shares earn dividends at very competitive rates and deposits may be made in person, by mail, through payroll deduction or direct deposit. A minimum balance of $50.00 is required at all times. In addition, $2,000.00 of Accidental Death and Dismemberment insurance is provided free to each member over age 15, with additional coverage available at minimal rate.

Federal Insurance

Each account is federally insured to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

Christmas Accounts

Christmas accounts are a great way to save for the Holidays. The account can be opened at any time during the year with a $5.00 minimum balance required. Dividends are paid monthly. Checks are distributed by the first week in November, and may be directly deposited to your share account upon maturity. Accounts are automatically renewed each year. Deposits may be made by payroll deduction, direct deposit, in person or by mail.

Individual Retirement Accounts

IRA accounts are available as a personal tax-sheltered retirement plan. IRA's are used to reduce present taxes and to build for a more secure future. HCEFCU offers a variety of IRA plans that will fit your individual needs, including ROTH IRA & Coverdell Education Savings Account.

Share Certificates

Certificates are offered in a variety of short and long terms to suit every financial need. Dividends are paid monthly and can be transferred to a share account, or a dividend check can be mailed to a specified address.

Money Market Accounts

Money market accounts take advantage of market rates with the additional feature of insured safety. Dividends are compounded monthly. A minimum of $2,500.00 is suggested to take full advantage of the higher earnings rate. Transactions are limited to three withdrawls and three transfers a month.

Share Draft Accounts

Share Draft checking accounts offer the convenience of checking with no monthly service fees, no per check fee, and no mimimum balance requirements, while earning you interest. Dividends are computed on an average daily balance for the month and paid monthly. You can also take advantage of the credit union's VISA debit card for convenient access of your draft account through ATM's.



  • Member Cellular Discounts with Sprint
  • Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government

  • *Loan calculators do not guarantee extensions of credit and are available to you for your independent use and are not intended to provide investment advice. We do not guarantee their accuracy or applicability in regards to your individual circumstances. We recommend that you seek professional advice for all of your financial concerns.