Savings Accounts

Shares in our credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States Government. The NCUSIF is managed by the National Credit Union Administration (NCUA). On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, which permanently set the insurance level at $250,000. 

Not one penny of insured savings has ever been lost by a member of a federally insured credit union. For more information about share insurance coverage, click here to visit NCUA's website.

Regular Share Account

Become a member by opening this basic savings account with a $10.00 minimum deposit and a $1.00 one-time nonrefundable membership fee (total $11.00). Being a member entitles you to use our products and our low-cost and no-cost services. Your deposit earns dividends at a very competitive rate. Dividends are credited to your account on the last calendar day of each month.

Minimum Opening Deposit Minimum Average Daily Balance to Earn APY APY**
$10.00 None 0.05%

^The Annual Percentage Yield (APY) may change after the account is opened. The APY is effective as of 6/1/2022 and may change without notice. Fees may reduce earnings.

Christmas Savings Account

Save for the holiday season and earn a high rate of return on your funds! An initial deposit of $5.00 starts your Christmas Savings Account. New accounts may be opened throughout the year, however, to receive the dividend all funds must be maintained in the account until the annual distribution on November 1st. On November 1st of each year, the balance in your Christmas Savings Account will be automatically transferred to your Regular Share Account.

Minimum Opening Deposit Minimum Average Daily Balance to Earn APY APY**
$5.00 None 0.15%
 

Kahului FCU is Supporting the Fed’s amendment to delete the 6 Transaction Limit on Savings Deposits

This is just one more way we’re trying to CARE FOR OUR FAMILY by granting more flexibility to access your savings deposits at a time when we know our Members are facing financial hardships due to the coronavirus pandemic.

On Friday, April 24, 2020, the Federal Reserve Board (FRB) announced an Interim Final Rule to amend the reserve requirement of depository institutions to delete the six-per-month limit on transfers and withdrawals made from “savings deposit” accounts.

What does that mean for our members?

  • You can now make an unlimited amount of transfers and withdrawals from your regular share account.

  • You no longer will need to head into the credit union to transfer funds between accounts or to withdraw from your account.

  • You can make transfers yourself via online banking or audio response all on your own time.

Please note that this change may just be temporary, but we have to await clarification from the FRB before we can address that with certainty.

^The Annual Percentage Yield (APY) may change after the account is opened. The APY is effective as of 6/1/2022 and may change without notice. Fees may reduce earnings.

Checking Account

Use this account to manage your finances. Access your funds by writing checks, by using our convenient VISA® debit card, or via our Virtual Branch service. This account earns dividends which are credited monthly, so your funds work for you while they are sitting in your account. Overdraft protection is available from your regular shares or a line of credit (subject to credit approval) or both! As an added benefit, get free drafts (checks) when you have direct deposit coming to your credit union account!

Need to reorder checks? Visit Harland Clarke’s check ordering website www.OrderMyChecks.com

  • Routing Number = 3213-7971-1

  • When self-ordering your free checks, please remember to choose:

    • CHECK TYPE: Liberty Image

    • SHIPPING TYPE: Bulk Mail (HI)

    • You may choose other CHECK TYPES and SHIPPING at your own expense.

Minimum Opening Deposit Minimum Average Daily Balance to Earn APY APY**
No minimum deposit None 0.025%

^The Annual Percentage Yield (APY) may change after the account is opened. The APY is effective as of 6/1/2022 and may change without notice. Fees may reduce earnings.