Press Releases

The Science of Saving - Youth Month

April 11, 2018
Teens and keiki who want to get a head start on financial independence and planning for the future may take part in Hawaii Community Federal Credit Union’s (HCFCU) National Credit Union Youth Month events. All of HCFCU’s branches will encourage youth to open savings accounts and to make deposits by offering a range of fun family events (see below). Every new youth account opened, or a deposit into a current youth account, includes an automatic entry to win a range of grand prizesFor more information visit, email or call 930-7700.

A 2017 national survey found that almost 60% of Americans have less than $1,000 in savings, and almost 40% had none,” said ,” said Kristy Akao, HCFCU Youth Services Coordinator. These events, along with our high school credit unions, help keiki and teens understand the importance of being in charge of their money.

Hawaii Community Federal Credit Union is a not-for-profit, federally insured financial institution owned by its 40,000 members HCFCU’s branches are located in Honokaa, Kailua-Kona, Kaloko, Kealakekua and Kohala, along with Student Credit Unions in Kealakehe, Kohala and Konawaena High Schools. In 2018, HCFCU will open its first branch in East Hawaii in Hilo. In addition to complete checking and savings services, HCFCU provides service-minded financial professionals to help facilitate mortgage, land, construction, small business, educational, personal and auto loans; drive up tellers; credit and debit cards with rewards; online and mobile banking; investment services and youth programs. HCFCU also supports numerous Hawaii Island non-profit organizations and community events. Membership in Hawaii Community Federal Credit Union is open to all Hawaii Island residents.

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