How to Prepare Your Finances for the Holidays

The holiday season is upon us, a time for fun and celebration. Before diving too deep into planning, take a step back to prepare your finances. Sure, this step probably doesn’t excite you, but your wallet will thank you when the dust settles and the new year rolls in.

We have some useful tips and tricks to help get your finances in order so that you can ensure a merry and bright celebration for you and your loved ones.

HawaiiUSA Federal Credit Union Announces Newest University of Hawaii Student-Athletes as Part of Team Kasasa

The credit union teams up with college student-athletes in sponsorship partnerships

HawaiiUSA Federal Credit Union has announced a sponsorship partnership with eight University of Hawaii student-athletes to re-launch its Team Kasasa campaign, a promotional campaign to drive the credit union’s Kasasa Cash Back® Checking.

Common holiday scams to avoid

As the holiday season approaches, so does the unfortunate rise in various scams targeting unsuspecting individuals. In this article, we'll delve into the most common holiday scams to be aware of and provide valuable tips to protect yourself from falling victim to these fraudulent schemes. From phishing emails and package delivery scams to fake travel websites, text/phone call scams, charity scams, and gift card scams, it's crucial to stay informed and cautious during this festive time. By following these guidelines and being vigilant, you can ensure a safe and happy holiday season with your loved ones.

5 Ways to Detect Fake Fraud Alerts

Originally published July 2023.

It’s normal for financial institutions to send account alerts when they detect unusual activity, but hackers have become skilled at mimicking these official warnings. Their imitation fraud alerts aim to panic potential victims, so they’ll act before thinking. But if you can recognize the telltale signs of this crafty scheme, you can avoid falling prey to a crook’s nasty tactics.

First Time Homebuyer Seminars

Ready to begin your homeownership journey? 

Topics that will be covered include:

• What to look for in a lender
• How to prequalify for a mortgage
• An much more!

Help or Hoax: 5 Ways to Recognize a Tech Support Scam

Trusting someone with your tech issues is a lot like handing them the keys to your digital home. Just as you wouldn’t let a complete stranger walk through your front door, it’s crucial to discern whom to welcome into your online space. Someone who appears to be a knowledgeable professional offering tech help could actually be a crafty “locksmith” trying to access your personal information.

The Life Matters Collective launches at the Imua Play Store

On HI Now: Kainoa Carlson of Hawaii News Now interviews HawaiiUSA's Tanya Lee, along with the other Collective partners: Maria Holmes of Maui 'Oma and Dean Wong of Imua Family Services. Watch now!

Can’t Afford Your Student Loan Payments? Try This.

Federal student loan payments are resuming after an extended hiatus. Maybe you aren't sure how you'll afford the payments, or inflation could stretch your budget thin, and there’s not enough room to add student loan payments. The good news is that you may qualify for temporary or long-term relief.

Disaster Charity Scams

Scammers exploit natural disasters, emergencies, or charitable causes for personal gain.

Delivery Text Scam

The COVID-19 pandemic has led to increased online shopping in the U.S., resulting in more package deliveries. However, this surge in deliveries has also increased scams related delivery notifications. Scammers are adapting to these trends, attempting to steal money and personal information.

HawaiiUSA Federal Credit Union is first in Hawaii to adopt The FedNow® Service

What is The FedNow® Service?

The FedNow Service is a new instant payment system that was developed by the Federal Reserve Bank for banks and credit unions of all sizes.  Payments settle instantly between financial institutions, which is much faster than traditional payment systems like ACH, Cards, Checks, or Wires.  It provides a safe and efficient instant payment service 24x7x365.

7 Tips for Avoiding Charity Scams

Natural disasters remind us of our shared humanity. Fires, earthquakes, and hurricanes often leave behind intense suffering, triggering an outpouring of support from people around the globe. But not everyone is genuinely interested in providing relief to those affected by such tragedies. Scammers see suffering as an opportunity to exploit the generosity of givers by redirecting funds and other resources away from those who need them most.

4 Potential Safe Harbors for Your Savings

Turbulent economic seas can leave you searching for the best port for your savings. Ensuring that your hard-earned money is sheltered from storms is more crucial now than ever. But finding a safe harbor can be daunting when experts disagree on whether slow financial growth or recovery is in the forecast. Fortunately, there are low-risk, guaranteed reward accounts to help you wait out the storm.

Changes Coming to Retirement Savings Accounts in 2024

A set of new rules are coming into effect stemming from the SECURE Act 2.0 that went into law at the end of 2022.

Back-to-School Shopping: How to Cut Costs and Still Get Everything on Your List

Summer break is over, and school is almost back in session. If you haven’t quite grabbed everything your kid(s) need to prepare for the big day, don’t panic. There are many ways to save on back-to-school shopping without breaking the bank.

Tips to Help Prepare for Student Loan Repayment

If you have private student loans, you're used to making payments. However, federal student loan borrowers have enjoyed a payment pause since March 2020, which is set to end in October 2023. We've compiled a practical guide to help you prepare for the resumption of payments, so keep these suggestions in mind.

6 money management tips for college students

Managing your finances during college can be a challenging task. But it is not impossible. You can set yourself up for long-term success with the right approach and strategies. Plus, you can still enjoy your college experience. Here are some tips to help you get started.

Benefits of deposits: saving made simple

You work hard for your money. So, it’s no surprise that storing it in a safe place is a top priority. But protecting your funds isn’t the only benefit you get from deposits. Depending on the type of account you use, earning a generous return on interest is possible. Regular deposits can help you save money and unlock other opportunities.

How a High-Yield Checking Account Can Nourish Your Finances

Is your checking account balance looking a little wilted despite maintaining a minimum balance? The place you plant funds to cover everyday expenses might lack the necessary nutrients to thrive in today’s economy. Mistakenly thought to be available only to wealthy individuals, a high-yield checking account could be the fertilizer your finances need to flourish.

Preparing for back-to-school expenses: a stress-free guide for parents

Summer break is winding down. The kids are still having a blast, but you’re shifting gears to focus on back-to-school shopping. And for a good reason - inflation is driving up prices on consumer goods, and you want to get a head start. Here are some tips to prepare your finances for the upcoming shopping season.

How the Pay Gap Affects Women’s Retirement Savings

The pay gap is a hot topic nationwide. Regardless of where you stand on the issue, research shows that women earn 82% of what men earn. The problem is that the pay gap is having a significant impact on women's retirement savings. In fact, it’s downright derailing their efforts.

All is not lost, though, there are ways to limit the impact and still have enough money during retirement.

Why You Should Budget for Fun Money

A budget is an important part of your financial plan. When you use a budget correctly, you don’t spend more than you earn, and you keep moving closer to your financial goals. But what about fun money? Does it have a place in your spending plan?

7 Easy Ways to Teach Kids to Save

We are creatures of habit, and our kids pick up on that. But sometimes, they pick up our less desirable habits. Overspending or spending on all the wrong things can leave you with deep regrets. Kids are often the same way.

Bad habits could continue into adulthood unless we teach kids to be money savvy while still at home. Fortunately, there are easy ways to teach kids to save, and we’ll lay out our best pointers here.

6 Ways to save for a home mortgage down payment on one income

A house is your biggest investment and purchase in life. And saving for the down payment can seem out of reach, especially if you have just one income. Still, it’s not impossible to start saving sooner than later. Plus, resources are available to help you achieve homeownership. Here’s what you need to know.

5 Ways to Save on Groceries

The cost of groceries is more than it’s ever been. You’re staring at a list of things you need and comparing it to the money you have. You're wondering whether you’ll have enough to cover it all. How do you save money on groceries today?

Here are five strategies to help stretch your dollars when shopping for groceries.

What the Debt-to-Income Ratio is and Why It Matters

Are you looking to get a loan or apply for a credit card soon? The lender will likely assess your debt-to-income ratio. It’s an important figure used to help determine if you’re approved for or denied financing.

Don't Panic: Here's Your Quick Guide to Responding to Fraud

If you’ve fallen victim to fraud, you’re not alone. According to the Federal Trade Commission (FTC), consumers lost roughly $8.8 billion to fraud last year - up 30% from 2021. This figure is from the 2.4 million fraud reports filed with the FTC. The top categories were imposter and online shopping scams. Prizes, sweepstakes, lottery, investment, business, and job opportunity scams were also prevalent.

5 Ways to Build Your Credit Fast

The importance of good credit is essential to many things in life. You need it to buy a car, get a loan, or purchase a home. But how do you build credit if your credit report is a little blemished or you’re just beginning your financial journey? Does it take years, a lifetime, or is there a faster way?

7 Unconventional Ways to Save on Summer Travel

As summer approaches, many families dream of sun-drenched vacations and exciting adventures. Planning that perfect getaway, however, can quickly become an overwhelming task. Scouring the internet for the best deals, syncing vacation approvals from work, and worrying about the financial implications of your wanderlust can make a staycation look like an appealing alternative. But before giving up on your plans, consider a few unconventional ways to save on summer travel expenses.

Investing in Your Future: 5 Smart Ways to Use Your Graduation Money

Congratulations on your graduation! As you celebrate this milestone, you might find yourself with extra cash from graduation gifts. While it's tempting to spend this newfound wealth on immediate pleasures, take a moment to consider the long-term benefits of spending it wisely. Here are five ways to use your graduation money that could pave the way to financial stability.

Protect Your Finances from AI Voice Cloning Scammers

Artificial intelligence (AI) voice cloning technology is the latest tool fraudsters use to pry open the wallets of consumers. Inexpensive voice-imitating technology is advancing rapidly, allowing scammers to create deep-fake recordings that impersonate an intended victim’s friend or loved one. The sophistication of this technology makes it more challenging to recognize and fend off a scam caller.

What Should You Do with Your Tax Refund?

If you're eagerly awaiting a tax refund, it's only natural that you've already brainstormed how to spend it. From treating yourself to a luxurious vacation to investing in your future, there's no shortage of possibilities. Like a team preparing for a big game, it's essential to have a winning strategy for how you'll use your refund to help achieve your goals.

Here are our tips for maximizing your refund and scoring big in the game of financial management.

Emergency Fund: How Much Do You Really Need?

There’s been a lot of talk about emergency funds lately. You see it in the news and your favorite magazine. You hear about it in podcasts, on YouTube, and television. So, what is it, and, more importantly, how much do you need to save? The answer might surprise you.

4 Savvy Ways to Spend Responsibly in College

You're in college and the first stages of your new journey. Now that you've entered adulthood, it's time to talk about savvy money habits and how to save and spend wisely. After all, your finances are essential but have a funny way of gaining control over your life if you falter. Here's how to take control of your money now.

This Venmo scam sends you money “by accident.”

If someone sends you money out of the blue, it’s probably an honest mistake, right? Not necessarily. If you use Venmo or another digital wallet, such as Zelle or Apple Pay, watch out for this high-tech twist on a classic con.

How Long Does a Bankruptcy Stay on Your Credit Report?

Sometimes things in life happen that lead to bankruptcy. And when it does, it affects your credit report. But what is sometimes unclear is what it means to file for bankruptcy, how it affects your credit report, and for how long.

It may surprise you that bankruptcies can impact your credit report for up to 10 years. However, the reporting timeline depends on the type of bankruptcy you file. Keep reading for more important information.

Creditworthiness: What it is and how to improve it

What is creditworthiness, and why does it matter? Keep reading to learn the answer to this question and more.

When Can You Skip Insurance Coverage?

Life as an adult without adequate insurance is risky. An unexpected event could expose you to financial liability and quickly overwhelm your bank account. But sometimes, skipping insurance coverage is a better choice for your finances. Before you opt for coverage, understand when declining might be more beneficial.

5 Common Financial Mistakes New Families Make

Like a raging wildfire, a serious financial mistake could quickly burn through your resources. The consequences of a money mistake could be particularly damaging if you recently welcomed a new bundle of joy. With baby expenses already taking up more space in your budget, you probably can’t afford to lose money due to a lapse in judgment.

Tax Time: 4 Actions Freelancers Should Take Today

Some freelancers enjoy playing detective, but not with their taxes. Unfortunately, figuring out deductions, credits, and filing deadlines can require serious sleuthing skills. Here are four actions freelancers should take today to avoid unnecessary twists and turns when filing taxes.

IRS Solutions for Tax Debt

There’s something innately different about federal tax debt. Unlike with credit card or student loan debt, failure to pay taxes owed to the government could result in hefty fees, tax liens on your property or financial assets, and possibly a prison sentence. That’s enough to keep most people up at night. But you can escape a potential financial nightmare and rest easy by exploring your tax relief options.

HawaiiUSA Federal Credit Union Unveils Team Kasasa, Partnering with University of Hawaiʻi Athletes

The credit union teams up with college student-athletes in sponsorship partnerships in 2023

MILKEN EDUCATORS OF HAWAII & HAWAIIUSA FEDERAL CREDIT UNION HONOR HAWAII’S “TOP” TEACHER

Seven Hawaii Department of Education teachers are finalists, while one state winner received the highest prize.

How to shield your micro-business from cyberattacks

Micro-business owners typically wear multiple hats. Salesperson, account manager, customer service agent, and more are often the responsibility of a single person. While this might allow businesses to keep costs down, it could also leave them vulnerable to cyberattacks.

6 Ways to fill the gaps of financial aid

Preparing to send your child to college? Higher education is expensive, and even more so if they choose to go to the mainland and must stay in a dorm or apartment. College-related expenses also add up fast and can place a big dent in your wallet. And in some instances, they can deplete your reserves. There are several options to make paying for your child's education easier, allowing them to achieve their academic goals and earn a degree.

5 Ways to build a better budget and pay bills on time

Paying your bills on time can impact more than your budget. Some bills also affect your credit health, and falling behind on payments often has negative consequences. But you can use a budget to help keep your spending in check and steer clear of late payments. A realistic budget can also help improve your credit score and, in some instances, boost your net worth.

Save more in 2023: 6 simple ways to boost your savings

Your car breaks down, the A/C in your home stops working, or you fall ill and need to cover treatment and prescription costs. But money’s tight. You have little in savings, debt obligations are sucking the life out of your wallet, and it seems impossible to cover these unexpected expenses. Now what?

Avoiding scams during tax season

Fraudster are always on the lookout for ways to deceive and take advantage of people. Don't fall victim to these scams during tax season!

Share Certificates: How they can help you realize your savings goals

Do you already have an emergency fund? Looking for one more way to increase your savings? How about adding Share Certificates? These investment tools offer another option to increase your savings and build wealth. Here’s what you need to know.

Tax time for gig workers: 3 tips for a bigger refund

Earning money as a gig worker can do wonders for your finances. You can use the cash to pay bills, eliminate debt, or achieve another financial goal. Whether the gig economy was your primary source of income in 2022 or simply a way to make extra money, it might affect the size of your tax refund. Here is what you should know so those earnings don’t wind up costing you big.

Supporting teachers’ professional development

KHON2’s John Veneri talks story with HawaiiUSA’s Stacie Rosa and Gabrielle Hernandez of Ewa Beach Elementary School about how HawaiiUSA supports professional development for Hawaii teachers.

5 Federal Tax Changes You Need to Know About for 2023

It’s a new year, and a new tax filing season. U.S. taxpayers will soon begin filing their returns for tax year 2022. As in years past, some filers will owe taxes and others will receive a refund. But this year, the amount owed or refunded might surprise you. Here’s what you should know about recent IRS changes as you prepare your 2022 federal income tax return.

Preparing for an Emergency [Guide]

A Simple Guide for What To Do If You Find Yourself in the Dark

When it comes to emergencies, most people only think about natural disasters like hurricanes, earthquakes, and volcanic eruptions.

But what about the everyday emergencies that can happen? A power outage, a car accident on your way home from work, or a fire?

These are the emergencies that catch most people unprepared. If you’re not expecting anything, you’ll be ill-equipped to face an emergency when it happens.

The fact is that emergencies can happen at any time and anywhere. Therefore, you must prepare to face the crisis if and when it arrives. That means having a plan and being ready with the supplies you’ll need if things go wrong. So we’ve put together a few tips to get you started with your emergency preparations.

Are social media ads making you overspend?

Have you suddenly found yourself with a cart full of items on a retail website after scrolling through your social media feed? One minute you're reading a friend's post, and the next, you're reaching for your credit card and wondering how you got to this point.

HawaiiUSA Sponsors Free Classroom Kits Available in Fisher Hawaii Locations

The credit union has designed and printed free resources for teachers to use in classes K-12

Credit worthiness: How to improve your credit history and credit score

There’s more to your creditworthiness than your credit score. In fact, your credit score is just one of many factors that lenders consider when you apply for a credit card, loan, or mortgage. And, even if your credit report is a little blemished, there are things you can do starting today to boost your credit.

Saving for College: Here’s What You Should Know

Tips to Start a College Savings Account at Your Kids’ Different Ages

It’s never too early to start saving for your child’s college education. While you can support your kids with a college savings fund regardless of whether they’re in kindergarten or high school, the sooner you start, the better.

5 Budgeting pitfalls…and how to overcome them

Ready to create a budget that actually works for you? Before getting started, there are a few things you should know, such as some of the biggest budgeting pitfalls that can derail all your hard work. We’ll highlight those pitfalls and tell you how you can overcome them for a more successful year!

6 Proven Strategies for Managing Debt

Many U.S. households can attest to the nerve-wracking experience of walking the tightrope of higher monthly bills and mounting debt. An unexpected job loss or surprise expense could knock a person off balance, leading to a devastating freefall. And without an emergency savings net, it could take years to recover from such an event. Fortunately, there are ways to manage debt that let you safely make it to the other side and live the financial life of your dreams.

How to create a financial plan to carry you through 2023

Ever wondered what goes into a financial plan or how to create one that works with your budget and will carry you through the year? It’s not as challenging as you may have imagined, and having a financial plan can bring you one step closer to financial freedom.

7 Ways to Reduce Financial Stress

There’s no denying that finances can dish up a lot of stress, especially today when money is tight, and the costs of goods and services are higher. We understand the challenges this brings and are here to help you find ways to overcome financial stress so you can breathe a little easier.

Saving for a vacation

7 Tips for a vacation budget and how to reach your savings goals

According to a recent study by Outdoorsy, only 58% of American families set aside money to budget for a vacation. A whopping 72% of those who are saving for a vacation end up using those funds to make ends meet each month, and 56% don’t think they can afford a vacation.

If you’re willing to plan and save for your vacation, you can take time away without breaking the bank. 

We’ve put together a few tips for creating a vacation budget and reaching your savings goals without sacrificing too much or going into debt for your vacation.

Make Your Own Christmas Club

How to Prepare for the Next Holiday Season by Saving Now

Needing money for Christmas is a familiar narrative for many people. According to a recent Gallup poll on American holiday spending, the average American family anticipated spending around $932 last year on Christmas gifts, not including travel, food, or other holiday expenses. Part of the cost is due to the increasing costs of goods and services.

Instagram Artist Scam

Beware of the latest Instagram artist scam. Fraudsters are posing as artists on social media and promising to pay you for allowing them to use your photos as inspiration for their art. Here's how the scam works:

Wants vs. needs

Getting smart about what you really need…so you can afford some of the things you want

Going shopping today is less fun than it used to be. Prices are higher, so the things you’ve always bought now cost you more, and your wallet reflects this. Little splurges that didn’t matter before can now make or break your budget. Yet, by making smart money decisions, you can do both--take care of your needs and purchase some of your wants.

Money Resolutions for the New Year

How to Set SMART Realistic Goals for What You Need to Achieve

'Tis the season for financial frustrations for many individuals and families, but it doesn't have to be that way. So why not make a money resolution for the upcoming year? Let us guide you so you can see those resolutions come true.

CEO Message December 2022

Aloha,

This year has been one of growth and opportunity for HawaiiUSA Federal Credit Union (HawaiiUSA). Since 2020, we have been on an upward trajectory to ensure that our members are receiving the best services and products to help make their lives easier in this ever-changing world. Our Life matters promise continues to inspire how we do business and how we serve the community.

Keeping your finances safe in person

ATM, in-store, and other tips to safeguard your personal financial information

During the holiday season, many prepare to travel, spend time with family and friends, and shop for gifts. While this is a beautiful time of year, it's crucial to be aware of the potential financial risks, as it's also the time of year fraudsters are more active, and not just online.

6 Safe shopping tips

Physical health and safety has been top-of-mind when out shopping this year. While it’s smart to continue to use contactless payments at the store, don’t forget the basics about protecting your money when shopping, no matter where you are.

HawaiiUSA Employee Awarded Project Manager of the Year

Shannon Fujiwara received the honor from the Project Management Institute, Hawaii Chapter

The power of systems: How to stay on top of school and money

College is an exciting time, but it’s also full of new experiences and obstacles. Among the usual challenges, you'll face higher prices and a higher cost of living. That makes striking a balance between money and school a top priority.

Tips for Creating a Spending Plan

How to Make Sure Your Spending Aligns With Your Goals

Spending money is easy; saving it is hard. Yet, there are moments in life when planning for small and large expenses such as a car, house, vacation, repairs, or even a shopping trip makes sense. How you accomplish both matters; it all begins with a solid plan.

Paying for College: Financing Options, Scholarships, and More

It's no secret that paying for college can be expensive. The average cost of tuition and fees for the 2021-2022 school year was $38,070 at private colleges, $10,740 for state residents at public colleges, and $27,560 for out-of-state residents attending public universities. For students living on campus, that number can climb to nearly $14,000 more for room and board, and the costs to attend college rise yearly. But don't worry! There are plenty of ways to finance your education without breaking the bank. We'll run through some options to get you started.

7 Do's and Don'ts of Holiday Credit Card Spending

The aroma of sugar cookies, chestnut lattes, and a quick look at your calendar confirms it’s the holiday season. Many people welcome the cooler evenings filled with festive meals, gift-giving, and credit card spending. While holiday shopping using a credit card can bring joy today, using it without a plan can lead to sorrow while reviewing your next billing statement.

How to avoid holiday scams

Common scams that pop up during the holiday season

The holidays are a time of joy, celebration, and gathering with family, friends, and neighbors. However, fraudsters also look forward to the holidays for different reasons. For them, the holidays are just brimming with opportunities.

How to Avoid a Credit Card Mismatch

Like wearing sneakers one size too small, using a credit card that doesn’t fit your active lifestyle can be painful. Owning a credit card that requires you to juggle purchase categories to maximize rewards or jump through hoops to avoid high fees might signal a credit card mismatch. Fortunately, you have options. You can step into a credit card that supports your active lifestyle and financial goals.

How Many Credit Cards are Too Many?

Cash back rewards. 0% introductory interest rates. Sign-up bonuses. These are a few reasons consumers can’t resist adding one more credit card to their wallets. While each new credit line expands purchasing power, accepting the latest offer is not without risk. Before adding another card to your financial toolkit, weigh the pros and cons of owning multiple credit cards to determine if you already have one card too many.

How to Max Out Credit Card Rewards

Rewards credit cards come with many perks, including points, miles, cashback, bonuses, and more. Instead of missing out on those benefits, we're bringing you some expert tips to help you max out your credit card rewards, and it all begins with understanding your loyalty program details.

Refund Scam

What is a refund scam?

You may be familiar with the idea of a refund scam if you've sold goods online before. In this setup, someone typically "overpays" you for an item and claims that it was an accident. When you send them the extra money back to correct the "error," they cancel the original payment and thus steal your money.

Tech support refund scams follow a similar setup. Let's walk through how malicious individuals have set them up, so you don't fall victim to this.

Sweetheart Scams

A sweetheart scam occurs when a victim is romanced though online dating sites or social media networks, then manipulated into sending funds to fraudsters or giving them account access.

Work from home scams

Scams targeting jobseekers are increasing. Now it is even easier for scammers to target people who are looking for work, using newer tools such as phony websites, unsolicited emails, robocalls and cold calls using faked origin phone numbers, remote interviews using tools such as Skype, social media, instant messenger services, Internet pop-up ads, and more.

Trouble Adjusting Financially to College?

Tips to Make Changes to How You Spend Money, So It Lasts all Semester

You made it. You’re in college and learning independence. It feels good being on your own, following your rules, and making your own choices. However, now that you’re acclimating to freedom and attending college, there are a few things you should know about money to make it last all semester.

Why an Annual Credit Card Fee Might Be a Good Thing

You’re not alone if you’re looking for the right credit card. There’s a labyrinth of cards to choose from, each with a different focus and approach, including perks cards that offer points, miles, discounts, and more to conventional cards with no fees, low fees, low interest, or a combination of these. Of the different credit cards, some carry annual fees, but why would anyone want a credit card with annual fees? The answer might surprise you.

3 Tips for giving safely

There are many ways to support causes that are close to your heart and align with your values. If you choose to donate money to charity, here are some tips to ensure your dollars make the impact you intend.

Christmas Gifts on a Budget

Ideas Beyond the Usual Homemade Foods to Give Gifts People Will Love, Without Breaking the Bank

It’s time again to strategize your pre-holiday approach to gift-giving. With the higher costs of goods and services, it’s essential but sometimes challenging to stick to a shrinking budget while giving presents people will love. Sometimes, that means getting creative, but it doesn’t always mean your presents must be the usual homemade foods. 

College readiness: HACAC and HawaiiUSA

College is such an exciting milestone, but it can be daunting if you don’t know where to start. KHON2’s John Veneri got the inside scoop from Sheldon Tawata, Community Relations Chair at the Hawaii Association for College Admission Counseling (HACAC) and Stacie Rosa, Community Partnerships Manager at HawaiiUSA Federal Credit Union.

How to Apply for Financial Aid

What You Need to Know about the FAFSA

Financial aid is a great way to cover college expenses. Yet, finding student aid and applying for it can seem like a daunting task for students and parents. Still, it's easier and less painful than it sounds, and what the aid covers might surprise you.

College-bound students and their parents need to know the answers to common questions before applying for aid with the Free Application for Federal Student Aid (FAFSA). So, where do you begin, and how much can you expect to get? We researched the topic to bring you these answers and more to prepare you for your college career.

What To Do When You Can’t Pay Your Bills

If U.S. economic news is keeping you up at night, you’re not alone. With inflation at a 40-year high (8.5% as of July 2022, after rising to 9.1% previously) and economists predicting a recession, many Americans are concerned about their financial well-being. Figuring out how to stretch your paycheck to cover the increased costs of food, vehicles, and energy are only the beginning.

Tips for Buying a New or Used Car in Today’s Market

Visit any dealership today, and the view will look much different from a few years ago. The effects of supply and demand, microchip shortages, and more have rocked the automotive industry, making it harder to find the car you want and at an affordable price.

How to Build or Improve Your Credit

Have you ever wondered how to improve your credit score or build one from scratch? It’s easier than you might think. Whether your goal is to create a credit score or improve a less-than-stellar score, we’ll cover a few steps you can start with today.

How to Build Credit from Scratch

You know that you need a positive credit history to make big purchases, get the best insurance rates, and even get your dream job. But how do you get started? What should you do, and what should you avoid?

How to Spot a Credit Repair Scam

Having good credit can simplify your financial life. Paying bills on time and keeping credit balances low often results in fewer hassles and significant cost savings. Consumers with good credit typically have access to low-interest rate credit cards, deposit-free mobile service contracts, and smaller security deposits for housing rentals.

On the flip side, the financial lives of consumers with poor credit can get thorny. Poor credit not only makes it more challenging to obtain the same approvals, scammers offer credit repair “solutions” that only make matters worse.

Easy Ways to Save — Even with Inflation Hitting Your Pocketbook

Inflation continues to rock the economy, leaving your pocketbook and savings accounts something more to be desired. We get it. Rising costs make it harder to save money. Still, there are plenty of ways to reduce costs while tucking money into a savings account. 

We dug our heels in for this one and gathered some tips to help you save money, even during challenging times, beginning with what to do about your current debt.

Best Practices: Digital Banking Security Measures to Keep Your Data Safe

It doesn’t matter how small your business is; keeping your company financials safe is vital, especially today. Every year, small and large businesses lose about 5% of their revenue to fraud, and there’s no evidence that it’s slowing. The moment you think your business is protected, along comes a new scam or phishing method or something else that sets spidey-senses tingling, not in a good way.

CEO Message August 2022

Aloha,

It’s safe to say that we are at a turning point in our collective journey of recovering from the pandemic. As I approach my one-year anniversary as HawaiiUSA’s president and CEO, I reflect on who we are as an organization, and how far we’ve come. Sometimes, reflection begets growth and change. You may have noticed some differences with our branding and website. We, along with you, acknowledge the new horizon in front of us and we’re happy to share HawaiiUSA’s new brand identity with you.

What Should You Do with Your Tax Refund?

If you’re expecting a tax refund, you’ve probably got some ideas about what you want to do with it. Whether a few hundred or a few thousand dollars, here are our tips for making the most of your money.

Back to School: Tips for Making This School Year Great

With the school year off to a roaring start, it’s time to settle in and plan for a smooth year. You’re sure to experience some bumps and hurdles along the way, but the right plan will help you face those challenges head-on.

One of the first steps is to start with a school calendar. So, get ready to dig in while we serve up some of our best expert tips to make this school year shine.

Smart Savings Tips: What You Need to Know About Interest Rates and Savings

Do interest rates baffle you? Are you scratching your head over the differences between simple and compounding interest? Many members ask us these questions and more. So, we're laying out the differences and providing tips on what you need to know to make savvy money decisions.

You probably already know something about interest. After all, it's everywhere, from credit cards to car loans, personal loans, mortgages, and more. Yet did you know the two types of interest – simple and compounding – work differently in lending and affect your savings differently, too? It's true! We'll dive into how it affects you, from borrowing to saving and investing.

Time for a Financial Check-Up: Check on Your Budget and Goals After Inflation

Rising costs have affected everyone's budget, including higher prices on groceries, gas, rent, and more. Inflation is currently at its highest in 40 years, and increasing costs mean less money in your wallet and bank account. It's easy to fall behind when prices get out of hand.

Despite the pain of inflation, we've got some tips for you to ease the financial burden and meet those price demands head-on. Now is an excellent time for a financial check-up to see what's working and what's not.

HawaiiUSA Staff Volunteers Help Build a Home for a Kapolei Family

For four Saturdays in July, HawaiiUSA joined Habitat for Humanity Leeward Oahu to build their largest home to date.

Three things to know about credit scores

Applying what you learn here can not only improve your financial health but can put you on the path to achieving your financial goals.

This article was originally posted in October 2021.

How Student Loan Scams Work

Student loan repayment is making headlines — and so are student loan scams. Whether it’s federal extended repayment pauses, loan forgiveness programs, or other forms of student debt relief, borrowers are likely to click through for details. While student loan borrowers are eager to learn ways to trim their debt, scammers are eager to get information from them to fatten their wallets.

You can outsmart these bad actors by understanding how student loan scams work.

Mid-Year Financial Checkup (Inflation Edition)

Rapid spikes in the costs of fuel, groceries, and other goods and services is putting the squeeze on household budgets. Escalating inflation has many people rethinking how they spend and whether they can save for the future. This reality makes performing a mid-year financial checkup more important than ever.

Put These Hot Weather Scams on Ice

This summer is a scorcher. But it’s not just rising inflation trying to burn a hole in your wallet — it’s those sleazy scammers. As you lower your guard while on vacation or relaxing at the beach, fraudsters are turning up the heat on their hot weather scams. Stay cool and put their attempts on ice by learning about these cons that pick up during summer break.

5 Reasons to Refinance Today

Higher prices on everyday goods and services are forcing households to reassess their finances and find new ways to save money. While eating out less and canceling unnecessary subscriptions are excellent ways to temper spending, another option might have an even greater impact on your budget — refinancing debts to a lower interest rate. When you refinance, a new loan is used to pay off existing debt.

HawaiiUSA Federal Credit Union Named Forbes Best-In-State Credit Union for Fifth Consecutive Year

Since 2018, HawaiiUSA has appeared on this prestigious list

Starting Your Financial Life? Here Are Tips For New College Graduates

Graduation is the end of one phase of your life — and the beginning of an exciting new one. You’re on your own. You’re ready to start your career (or take a stop-gap job until you find the right position in your field). And you’re poised to make your own financial decisions, maybe for the first time in your life.

You have all the power here. But, as they say in Spider-Man, “With great power comes great responsibility.”

Here are some steps you can take to make responsible choices with your finances as you’re starting out.

Home Buying Terms You Should Know

Once you start speaking with mortgage lenders, realtors, and even friends about buying a home, you might feel like you’re swimming in an unfamiliar pool of abbreviations and terms you’ve never heard before. We’re defining some of the most common terms here, so you learn to tell your PMI from your DTI.

Mortgage Pre-qualification: What Is It and Why Does It Make Home Buying Easier?

When you’re ready to buy a house, there is one step you need to take before you start looking at homes — get pre-qualified for a mortgage.

Pre-qualification is the process of going over your finances, so you can see how much mortgage you qualify for. You’ll look at the factors that might affect your ability to get a mortgage, your estimated payments, and whether now is the right time to apply.

Timeline of a Home Purchase

Once you make an offer on a home, how long will it take before you can finally hire the movers and start your new life?

Every situation is different, so we can’t tell you exactly how long it will be to the day, but we can give you some estimates for each part of the process, so you won’t be surprised at how long it takes. (And we know, if it’s taken you weeks or months just to find the right house, waiting even longer seems like a big hassle.)

Stay Safe When Buying a Home: Common Scams Targeting Consumers

Because homes are a high-value purchase, shopping for one or looking for a refinance deal can bring scammers out of the woodwork. A little knowledge of some common scams will help you protect yourself. Here are the things to look out for.

Why a Low-Interest Rate on a Home Loan Matters

Preparing to buy a home while mortgage rates and real estate prices are on the rise can be nerve-racking. With each uptick in rates, you might wonder if delaying homeownership might be the better option. But trying to time the market by waiting until rates or home prices reverse course could result in missing out on an excellent buying opportunity.

While rates are no longer at 2019 levels, they are still considered historically low. Plus, experts predict prices will continue to increase for homebuyers and renters due to the continued housing demand. Here's why securing a low-interest home loan approval is still a good idea — and how you can improve your chances of success.

Security tips for kupuna and caregivers

Many of us will need assistance as we age. Here are some tips for protecting your loved ones’ finances.

Professional Development Teacher Stipends is a Long-Standing Tradition

The credit union has funded nearly 900 Department of Education teachers stipends since 2001, 

with a total of $18,210 awarded in 2022.

Tips for Finding Your Dream House in Today’s Market

The housing market may be slightly slowing down, but sales are still moving fast, and sellers still have their pick among multiple offers. Here is what you need to know to find your new home.

Why It's Easy to Fall for the Free Gift Scam

Text message scams aren't new. But a fresh twist on an old scheme is making the rounds as fraudsters collect financial details and other personal data from unsuspecting victims. Crooks use this information to empty bank accounts, make fraudulent charges on debit and credit cards, and steal identities. Fortunately, the more you know about how this scam works, the less likely you are to fall for it.

HawaiiUSA Federal Credit Union and Chaminade University Host Summer Workshop for Teachers to Learn Personal Finance

HawaiiUSA Federal Credit Union and Chaminade University of Honolulu are partnering to help prepare public school educators to be ready to teach economics and personal finance at their grade levels. Registration for a summer workshop is now open for K-12 teachers to apply for this unique learning opportunity. The workshop will take place from July 11-15, 2022 and will be held at the Chaminade University campus. Registration is open until June 15.

Buying a Multi-generational Home

Is it time for your ohana to begin sharing a home? Maybe your parents need to move in to make it easier to ensure their safety as they age. Or maybe your adult kids need a place to live as they start their own families. Regardless of your situation, these are the features you should look for and the questions you need to ask as you merge your family into one home.

MILKEN EDUCATORS OF HAWAII & HAWAIIUSA FEDERAL CREDIT UNION AWARD “TOP” HONORS TO TEACHER FINALISTS

Ten Hawaii Department of Education teachers are finalists, while one state winner was previously honored.

HawaiiUSA talks financial wellness with ThinkTech Hawaii

HawaiiUSA offers plenty of avenues to foster financial wellness in Hawaii, which include efforts through partnerships, education, school engagement, and funding support.

HawaiiUSA FCU helps students acquire real world experience in finance

See the interview with Kainoa Carlson of HI Now, HawaiiUSA’s Bryan Yucoco, and Waipahu High School’s Brent Murakami

Is it time to downsize?

When starting a family or moving from a starter home, you may have thought bigger was always better. But there are times in life when you may be considering a smaller home. Here are some questions to help you decide if downsizing your home is the right option.

Easy Home Upgrades You Can Do Yourself

Do you feel like you need a change? Sick of looking at everything in your house?

With some creativity, you can make changes that will help you feel like you’re in a new home. And the bonus? They are projects you can tackle yourself — no waiting for a contractor or other professional to slot you into their packed schedule. Nonetheless, if you are renting, you may need to get permission from your property manager or landlord before undertaking some of these projects.

HawaiiUSA supports teachers’ professional development with Chaminade University

HI Now host Kainoa Carlson speaks with HawaiiUSA’s Stacie Rosa to learn about our support for local teachers through their partnership with Chaminade University.

Are you Ready to Buy a Home?

With low mortgage rates and rising rents, it certainly seems like all signs are pointing to buying a house. But are you ready? These questions will help you figure out if now is your time to buy.

Steps in the Home Buying Process

Buying a home is such an exciting milestone, but it can also feel overwhelming if you aren’t sure where to start.

You know you’ll be looking at houses, putting in offers, and securing a mortgage. But what else goes into buying a home? How long does it take? What do you need to know and do between house hunting and moving in?

HawaiiUSA FCU works to promote financial wellness in Hawaii’s schools

See the interview with Kainoa Carlson of HI Now and HawaiiUSA’s Bryan Yucoco.

Financial Literacy FAQ

Money topics can spark lively online conversations. Whether shared in social media posts or website comment sections, much of the information can leave you feeling more confused than when you started. Whether due to incomplete answers or a failure to consider an individual's financial status, learning about personal finance can be a challenge.

To help improve your financial literacy, we've gathered some of the most frequently asked questions (and the answers!) about credit, savings, making a major purchase, and retirement planning.

DIY or Hire Out? How to Decide if You Should Do a Home Improvement Project Yourself

You’ve watched HGTV and seen all the things that can go wrong when taking on a big home improvement project or repair, so you’re a total expert, right?

Maybe. There are some projects that the average homeowner can definitely tackle. But there are others that will benefit from a professional.

Here are some tips to help you decide when to go it alone.

Credit myths that stall your financial goals

Your credit history report shows where you’ve applied for credit, who extended you credit and whether you’ve paid as agreed. The report represents a snapshot of your credit health. However, a record of these behaviors stays on your credit report for 7 – 10 years. A change in credit behavior can mean improved financial health or can serve to put a stop to the progress you’ve made towards reaching your financial goals.

Believing and acting on credit myths can result in:

• higher interest rates or fees on home and car loans;
• a higher annual percentage rate (APR) on credit cards;
• approval on less than favorable types of mortgages or straight denials; and
• a decreased ability to save money since most of your spending plan is used to pay high-interest credit accounts.

Lenders and creditors extend their best offers to consumers with good or excellent credit so dispelling myths by gaining a proper understanding of credit can improve your financial well-being.

Milken Press Release

MILKEN EDUCATORS OF HAWAII & HAWAIIUSA FEDERAL CREDIT UNION HONOR HAWAII’S “TOP” TEACHER 

Eleven Hawaii Department of Education teachers are finalists, while one state winner received the highest prize.

Home improvements that add value

Smart Home Improvements That Increase Your Value — and Those That Don’t

Home improvements should serve two purposes. First, they should make you happier in your home. And second, they should add to the value of your home. But many improvement projects are undertaken without regard to whether they improve the value. And if they aren’t a home-run in your enjoyment, then do you even need to do them?

Here are some ideas of home improvements that add value — and some common ones that don’t — so you can decide whether a project is worth it for your home and family.

When does an Interest-Only HELOC Make Sense

When an Interest-Only HELOC Makes Sense

When faced with an extensive home repair or improvement project (new roof, anyone?), it can seem like saving up enough money to pay for it is impossible.

But a home equity loan can be a smart choice. Yes, you’re borrowing against your home’s value. But you may be using that money for something that will only increase the overall value of your home. And with home values on the rise, you may have more equity than you imagined, so the overall debt burden on your home can remain reasonable.

Financial Literacy Quiz

According to a National Financial Capability Study, financial literacy rates among Americans have decreased from 42% to 34% since 2009 — yet 71% of Americans believe they know more about personal finance than the data suggests. This has real-world implications for how people manage money today and prepare for their financial futures. How financially savvy are you?

Complete this quiz to gauge your financial literacy IQ.

Should you consolidate high-interest rate debt?

Debt payments can put the squeeze on your financial goals. They often shoehorn themselves into your monthly budget, leaving little cash to put toward savings. Multiple sources of high-interest rate debt can make it seem impossible to gain control of your finances.

But don't despair! Whether your cash squeeze is due to a job loss, unexpected expenses, or the pandemic, it's possible to relieve the financial pressure in a few simple steps. And if you're a homeowner, you have even more options than you think.

5 Things to know before you start a home renovation

Whether you're planning a room addition to welcome a new family member or exploring ways to boost the market value of your home, a renovation can be a wise investment. While home improvement TV shows, blogs, and magazines provide inspiration, few of them share some of the most important aspects of renovation to consider before starting your project. Here are five things to know before tearing down your first wall.

Can your home help pay for college?

If your child recently received a college acceptance letter from their first-choice school, you both have reason to celebrate. But the letters that soon followed were likely a real party pooper. Is the gap between your child's college tuition bill and their financial aid award package larger than you expected? Even after adding in scholarships, grants, and federal assistance, the balance due before the start of the semester may be more than you have in your savings account.

Protect Your Elders from Scams

Unfortunately, many scammers target older adults because they may have large sums of money saved, and they may not be as savvy online or over the phone. In fact, Hawaii’s elderly lost $5.4 million to fraud and scams in 2020.

So, how can we keep our kupuna safe from fraud? A combination of education and oversight will be your best option.

How to Survive Inflation

The last time you went to the grocery store, did you wince when you realized how all the price increases you saw on the shelves added up on your final bill? How about when you filled your gas tank? Or ate at a restaurant?

It’s no secret that prices are going up. The national inflation rate is 7.5%, and fuel costs are a huge part, increasing nearly 40%. Hawaii has always had higher prices than the mainland, so these price increases put us way over the national averages.

What can you do to reduce the impact of inflation on your budget?
 

HawaiiUSA named one of Hawaii’s Best Workplaces 2022

Pacific Business News and research partner Quantum Workplace announced their annual list of Hawaii’s Best Workplaces. HawaiiUSA was named one of five honorees in the Large Company category, the only financial institution in that category.

HawaiiUSA Federal Credit Union is Title Sponsor for Inaugural Weed & Seed Hawaii Golf Tournament

Honolulu, Hawaii (March 29, 2022) - HawaiiUSA Federal Credit Union, the state’s largest credit union, is partnering with local nonprofit Weed & Seed Hawaii as a title sponsor of their first-ever golf tournament fundraiser. The golf tournament, “Let’s Club Out Crime” will take place on Wednesday, March 30, 2022 at the Hoakalei Country Club located in Ewa Beach.

Budgeting on a fixed income

HawaiiUSA’s own Kim Dodson, Financial Wellness Partner and Certified Credit Union Financial Counselor, gives budgeting tips to kupuna and those living on a fixed income. See the interview with Diane Ako on KITV’s Aging Well.

5 Costly Tax Filing Myths

Many people have a love-hate relationship with Tax Day. They love to receive a tax refund but hate the work that goes into filing their tax return. Filing myths only magnify the dread taxpayers feel as April quickly approaches.

Paying for unexpected expenses

Both the best and worst surprises in life can come as unexpected costs you weren’t able to plan for. There’s nothing we can do to stop these surprises from coming in the door, but we can work to find ways to cope with them once they do.

It's Not You, Federal Tax Filing is Different in 2022

Tax Day occurs every April in the United States. While the calendar deadline to file is predictable, changes to tax filing requirements are not. For 2021 tax year, there are over 60 tax provision updates you may need to be aware of to successfully navigate tax season. Here are five that are likely to impact most taxpayers.

What is a Mobile Wallet and how to use one

Is your wallet one-too-many credit cards away from resembling a condensed brick made of mostly plastic cards? 

Got a debt hangover? How to pay it down

At one time or another, we have all overspent during the holidays. Now that the holidays are over, many of us enter the new year with a bit of dread. If you set a holiday budget and you stuck to it, you're probably feeling pretty good. But what if you let the holiday season sweep you up? You might be wincing every time you open your email as you wait for those statements to come in. If you've got a debt hangover from the holidays, we can help.

Never share your Digital Banking password

You probably wouldn’t hand your wallet over to just anyone who asks. Did you know that when you share your Digital Banking login credentials, it’s very similar?

Avoid tax scams

It’s tax season. That means you’re gathering paperwork, filling out forms, sending items to your tax preparer, and dodging the scammers trying to take advantage of you. 

Tax Tips for Side Work

Have you ever had a friend or family member ask you to help them by using the skills you’ve learned on the job? Perhaps you’re putting your HVAC experience to use by upgrading their air conditioning or using your years as an auto technician to finally solve that pesky check engine light. Or maybe you’re helping their new business get off the ground by designing a website.

And once you help one person, they tell their friends. And they tell their friends. Suddenly, you’re working many weekends. Wait, did you just start your own side hustle?

How to get out of the paycheck-to-paycheck cycle

Do you often feel like you have more month than money? Do you worry when your paydays won’t hit until after your biggest bills are due? Maybe you avoid going out for saimin with friends until you get paid again — then find that you still can’t go out because an unexpected bill came in?

Funding your next chapter

If there’s one thing you can always count on in life, it’s change. Some changes are little; some are big. Some are “lose-a-week-of-sleep” big. Some changes are as simple as picking out a new color of carpet, while others are as complex as picking who you’re going to spend the rest of your life with – living on that carpet.

2 Ways to take control of your debt - without extra payments

Paying off debt tops most lists of New Year's resolutions. But many households are experiencing financial hardship and are not in a position to make extra payments. Hundreds of thousands are finding it difficult to even make ends meet, which can result in feelings of helplessness about their financial circumstances. If this sounds like you, there's good news! You have options.

Setting financial goals - tips for beginners

Retiring early, losing weight, and even starting a business necessitates planning to turn these dreams into reality. Each one requires that you set a series of realistic goals. Failing to do so can leave you with dreams for financial or physical improvement that are never realized.

But, it can be tough to know where to start with financial goal setting.

Ways to celebrate the year-end

The count-down to 2022 is upon us. Whether you have been looking forward to it since June or you’ve found something to savor in 2021, we will all soon be saying “goodbye” to this year. Here are some ideas for enjoying the rest of the season by focusing on what you can do instead of what you can’t.

8 Ways to protect your debit card from fraud

Here are some proven ways to protect your debit card from fraudulent activity and safeguard your hard-earned cash.

Two Bitcoin/Cryptocurrency scams trending on social media

Beware of these two new Bitcoin/Cryptocurrency scams trending on social media that are affecting unsuspecting consumers. 

Gifts of Giving

During this holiday season in lieu of traditional gifts, we are gifting donations to local nonprofit organizations on behalf of our valued business partners.

5 Steps to take if you discover fraud

Scammers are skillful at getting people to trust them with their money and personal information. They’ll bombard you with calls, texts, or emails promising you the world, or pretend to help you out of a (made up) sticky situation. But all they want is your money and private information. They are out to steal your account numbers, passwords, or Social Security numbers.

HawaiiUSA Foundation donates $54,000

HawaiiUSA Federal Credit Union Foundation Kicks Off Holiday Giving Season with $54,000 to Local Community Organizations

Smart Holiday Spending During Rising Inflationary Periods

With the holiday season fast approaching, you'll soon find yourself shopping for festive decorations, meaningful gifts, and a host of other merry expenses that pop up this time of year. But, this season is unlike those in recent memory. You've probably noticed that everything from gasoline to ground meat costs more today than it did a year ago. If you're intent on getting the most for every dollar you spend this holiday season, then shop now before prices go up even more.

How to stay secure while shopping online

To help protect your identity and practice safer online security measures, here are some tips when shopping online

HAWAIIUSA Federal Credit Union embarks on new era with new CEO

Experienced financial services executive, Greg Young, will officially take over as chief executive officer and president of HawaiiUSA Federal Credit Union (HawaiiUSA) on October 1, succeeding Karl Yoneshige, who is retiring after 20 years leading the organization.

3 Ways to prepare for "what-ifs"

Benjamin Franklin got it right when he said: “By failing to prepare, you are preparing to fail.”

This especially rings true when it comes to finances. A natural disaster, sudden sickness, even a positive occurrence such as a child getting accepted to college – all these life events can quickly deplete a person’s bank account.

And though many crises are improbable for many people, they are not impossible.

While many parts of the future are unknown, it is always best to be proactive for when the unexpected happens.

Here are three steps you can take now to prepare for what may or may not be coming down the road.

Keep your accounts safe with a digital identity app

A digital identity offers two-way security. It's one thing to verify who you are with login credentials and one-time-use passcodes, but how do you also know the website or the person on the other end is who they claim to be? 

Hurricane preparedness: are you financially ready?

Hurricane season is from June 1 through November 30. Stocking up on food and water is a given, but are you financially prepared? Many things in life are beyond our control; planning is not one of them. Get prepared now, and you'll have peace of mind whether a storm hits or (fingers crossed) not.

Child tax credit not what you expected? Here's why

Understanding how the credit is calculated could help you plan the best use of the funds or decide whether opting out of future payments is a better choice.

Do's and don'ts of living on less

Whether it be a temporary setback or permanent lifestyle adjustment, you will get through this

CEO Message July 2021

Aloha,

It’s hard to believe we’re at the half-way mark of 2021. As we all emerge from a long, chaotic season, it’s a good time to take a step back to reflect on how we were able to turn challenges into opportunities. Here are some of the ways HawaiiUSA has gained clarity despite the fog.  

HawaiiUSA named Forbes Best-in-State Credit Union

Every year since 2018, HawaiiUSA has appeared on Forbes list of America's Best-in-State Credit Unions.

5 tips for lowering your monthly grocery bill

When it comes to saving money in Hawaii, your food bill is a tough expense to lower.

Raising kids to have good money habits

Setting a good foundation for their financial health

Savings accounts you need right now

Three types of savings accounts that we recommend.

Your first mortgage

As the single largest purchasing decision in most people’s lives, it’s worth taking some time to understand the mortgage process.

5 simple steps to planning your wedding

To help you focus on what matters (you and your soon forever-to-be), here are some general guidelines.

3 tips for managing your checking account

Understanding how to manage your checking account is an important step toward financial success. 

Financial health in fatherhood

Whether you’re a new dad or a dad with many years on the job, we’ve gathered some of our favorite fatherly advice in honor of Father’s Day, or any day.

5 Non-traditional jobs that can generate income fast

If you suddenly find yourself in dire need of extra cash to pay bills, try your hand at generating income with one (or more) of the jobs in this list.

5 Employee financial wellness initiatives businesses can use to improve productivity

Financial wellness initiatives that could help your employees reduce stress and remain engaged, despite their circumstances.

Auto buying myths that can cost you

While uncovering the best car deal can seem like a battle of wills (you versus the car salesperson), it doesn’t have to be.

4 myths about mortgage loan approvals that keep you renting

Four myths about mortgage loan approvals that prevent renters from becoming homeowners.

What you should know about social payments

A few things you should know about social payment apps before you sign up for the service.

Can you use the KonMari method to tidy up your finances?

Here’s how you can find your way to financial tidiness in five steps.

Drive akamai

Everyone has their ideal dream car, but is your dream car the right car for you?

Shopping

Tips to help you stay on track with minimal financial regrets

Adventure

Are you staring at the clock hoping the work day will end? Did the week just start and you’re already looking forward to the weekend? If the answer to either of those questions is yes, it sounds like you’re in need of a little adventure!

Travel

The bags are packed and you’re almost ready to go! We all look forward to vacation, but before you head out the door make sure you have everything you need.

Food

Nothing is as universal as food. But whether you’re eating in or spending an evening out on the town, why not save a little money without sacrificing that perfect bite?

Need/no need: dorm room essentials and inessentials

Buy this, not that. Know when to splurge and when to buy the cheap stuff.

Need/no need: budget practices

A college student’s guide to budgeting and saving.

Need/no need: social engagements/entertainment

Have fun with your friends, without going broke. Learn how to save money and have a social life.

Second Helpings of Hope

We are fortunate to partner with nonprofits that give back to our communities

DOE's Grab and Go

Serving meals to the Pearl City and Waipahu communities through DOE's Grab and Go program

Kauai Ballet Academy

We love supporting small businesses like the Kauai Ballet Academy. 

Supporting Domestic Violence Action Center

On January 19, 2021 HawaiiUSA presented a check for $20,000 to Nanci Kreidman, Chief Executive Officer of Domestic Violence Action Center (DVAC).

Teacher of Promise

HawaiiUSA proudly supports this program that recognizes outstanding public-school teachers in Hawaii.