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Deposit Days

Children's Savings Project - Deposit Days

A penny saved is a penny earned. The Children's Savings Project is a state-wide initiative that partners community credit unions with public elementary schools. The goal of the project is to help develop young savvy savers.
Hawaii Community Federal Credit Union first became a partner in the project in 2009. Our first participating school was Konawaena Elementary School which began it's participation in January 2010. Within the first five months at Konawaena there were over 90 participating students who saved over $7,000. With this project we work directly with a participating elementary school to schedule Deposit Days throughout the school year. Enrolled students bring their deposits to school the morning of a scheduled Deposit Day. Credit Union staff are available to accept the deposits.  

Participating Schools    Click on your school for details


Project Partners

Dr. Michael Cheang, DrPH
University of Hawaii at Manoa




How to Enroll

All project participants must be members of Hawaii Community Federal Credit Union. To enroll your son or daughter you have to complete our Enrollment Packet. Simply print out the packet, complete the first page, sign the second page and drop it off at any branch! It's that simple! Once your packet is received your child will be able to make a deposit at the next scheduled Deposit Day at their school - a personalized savings register will be waiting for them to pick up!


Frequently Asked Questions

Can existing Credit Union members participate in the project?
Yes - existing members can participate in the project. Simply complete the Enrollment Packet and drop it off at any branch!
Can I open a new account for my son/daughter if they already have an account?
A new account can be opened to participate.

Can I be reminded about upcoming Deposit Days?
Yes - please email depositdays@hicommfcu.com with your name, student's name, and school to be added to the mailing list (email).


More Questions?

If you have more questions about the project please email us at depositdays@hicommfcu.com.