Coverdell Education Savings Account

College dreams can be realized

Planning and support from your ohana

Striving for a better life through higher education is a mission we support completely. When you're saving for college, consider our Coverdell Education Savings Acccount and all its tax advantages.
Tax-free when used for eligible expenses

Savings just got even better

Hawaii Community Federal Credit Union is invested in local communities, and that means providing avenues for members to reach their goals. With our Coverdell ESA, your savings grow tax-free when used for qualified expenses; please consult your tax advisor for full details.

  • Contribute up to $2,000 each year until the beneficiary is 18 years old
  • Must be used by age 30 or transferred to another eligible person
  • Minimal effect on financial aid eligibility
  • Income phase-out begins at $95,000 for single filers, $190,000 for joint filers

Please consult a CPA or tax advisor to determine which type of IRA is most beneficial for you.

Frequently Asked Questions

Phone Numbers

Lost/Stolen VISA®

Mailing Address:

73-5611 Olowalu Street, Kailua-Kona, HI 96740

Hawaii Community Federal Credit Union's routing number is 321379818.

We offer notary serives at all our branches. We recommend you call ahead to schedule an appointment at 808-930-7700.


We all want peace of mind when it comes to keeping our hard-earned money in savings accounts. Your Hawaii Community Federal Credit Union accounts are safe with us and insured by the NCUSIF for up to $250,000. If you need insurance beyond that amount, we'll help you structure your account so you can get additional coverage. Keep in mind our IRA accounts are insured separately up to $250,000, too.


Yes, Hawaii Community Federal Credit Union participates in shared branching. Whenever you're traveling on the mainland, you can still get easy access to your Hawaii Community Federal Credit Union account through our partnership with the CO-OP Network.
Locate a shared branch online or by calling 888-748-3266.

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