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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.
University of Hawaii at Manoa
County of Hawaii
Research and Development
HACBED
Hawaiian Alliance for Community Based Economic Development
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!
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 kshaw@hicommfcu.com with your name, student's name, and school to be added to the mailing list (email).
tions about the project please email:
Kenneth Shaw - kshaw@hicommfcu.com
Youth Services Coordinator
Hawaii Community Federal Credit Union
Resources We offer a number of resources to help you and your family make sense of the financial world
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
- Holualoa Elementary - Wednesdays
- Honaunau Elementary - Fridays
- Honokaa Elementary - Wednesdays
- Hookena Elementary - Fridays
- Kealakehe Elementary - Tuesdays
- Kohala Elementary - Thursdays
- Konawaena Elementary - Wednesdays
- Paauilo Elementary - Thursdays
Project Partners
Dr. Michael Cheang, DrPHUniversity of Hawaii at Manoa
County of Hawaii
Research and Development
HACBED
Hawaiian Alliance for Community Based Economic Development
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 kshaw@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:Kenneth Shaw - kshaw@hicommfcu.com
Youth Services Coordinator
Hawaii Community Federal Credit Union
