2013 3rd Quarter Edition eNewsletter
Whether you've been impacted by Sequestration or are facing tough financial challenges brought on by the economic downturn, HawaiiUSA's NEW Financial Relief Program is designed to help you. This program includes assistance in the areas of:
- Value Added Services
Financial counseling and education, and employment resources for all members
- Fee Relief
Share certificate early withdrawal penalty waiver for the Sequestered
- Loan Solutions
Loan payment assistance for all members and special loans for members affected by the Sequestration
Here at HawaiiUSA FCU, we understand each member’s situation is different. We will work with you to find the right solution to meet your unique financial needs.
For more information on how HawaiiUSA can help, stop by one of our 12 branches, visit our website at hawaiiusafcu.com/FRP.aspx, or call our Member Service Center at 534.4300 or toll-free (800) 379.1300.
Our Student Choice Loan fills the gap that federal aid may leave behind.
- No origination fees
- Low interest rates
- Flexible payment plans
Visit hawaiiusafcu.com/loans/student-loans.aspx for more details.
At HawaiiUSA, we are always looking for ways to enhance your banking experience. Get ready to experience the future of Online Banking:
- Access, view and perform transactions on your HawaiiUSA joint accounts.
Managing your accounts just got easier!*
- Give your joint users their own credentials to access Online Banking.
This will allow them to view account balances and perform limited transactions.*
- Transfer funds from your primary and joint accounts to other accounts here at HawaiiUSA.
All you need is the account name, account number and share/loan ID.*
Please keep your personal information current. For more information, visit us at hawaiiusafcu.com or contact our Member Service Center at (808) 534.4300 on Oahu and toll-free at (800) 379.1300.
*Some restrictions apply.
Financing your next project is easy with our Home Improvement/Green Loans
Now is the ideal time to consider installing a photovoltaic (PV) system on your residential property. Not only can you save money on your electric bill, you can also help protect Hawaii’s environment by producing clean energy. State and Federal tax credits are still available, so now is the time to take advantage of them while they last!
Let us help finance your next project with our Home Improvement/Green Loan program. Check out these benefits:
- Flexible Terms and Low Rates
- No Mortgage Lien
- No Home Equity or Appraiser Costs
- Quick and Easy Processing
The Federal Reserve Board (FRB) announced that the redesigned $100 note will begin circulating on October 8, 2013. From that point forward, depository institutions ordering $100 notes from the FRB will begin receiving the new note, which will be easier for the public to authenticate but more difficult for counterfeiters to replicate. The note incorporates new security features such as a blue 3-D security ribbon, raised- and micro-printing, a color-shifting 100, and a portrait watermark.
Consumers and businesses will not have to trade in older $100 notes for new ones—the older designs of Federal Reserve notes remain legal tender, and will not be recalled, demonetized, or devalued.
Although this new design was actually unveiled in 2010, a production delay postponed its introduction. Therefore, to ensure the smooth transition to the redesigned note, the U.S. Currency Education Program is reaching out to businesses and consumers around the world to raise awareness about the new design and inform them about how to use its security features. More information about the new $100 note, as well as training and educational materials, are available at www.newmoney.gov.
Now you can easily do your banking anywhere, anytime with HawaiiUSA’s Mobile Banking!* Mobile Apps are available for iPhone®, AndroidTM and Blackberry® devices. You can also access our Mobile Banking Website at hawaiiusafcu.com on your mobile device browser.
- Check Balances & Transactions
Find out your current balances and view posted transactions
- Transfer Funds
Conveniently transfer funds within your accounts
- Pay Bills
Schedule bill payments
Also try out our Text (SMS) Banking and get on-demand account balances and transaction history when you need it.
For more information, visit us at hawaiiusafcu.com/mobile-banking.aspx or contact our Member Service Center at (808) 534.4300 on Oahu and toll-free (800) 379.1300.
*Mobile banking is free to all HawaiiUSA Online Banking members. An internet-enabled device is required to access the HawaiiUSA Mobile Banking App and Website. You must be enrolled in HawaiiUSA Online Banking to access mobile banking. Enrollment in HawaiiUSA Online Banking Bill Pay is required to access any bill payment services on mobile banking. Standard messaging and data usage fees apply. Please contact your carrier for details. Your mobile device must be registered through the Mobile Banking Service enrollment process.
iPhone® is a registered trademark of Apple® Inc., registered in the U.S. and other countries. App StoreSM is a service mark of Apple Inc. The Trademark BlackBerry® is owned by Research In Motion Limited (RIM®) and is registered in the United States and may be pending or registered in other countries. Android is a registered trademark of Google Inc. Trademarks and Service Marks are the property of their respective owners. Trademark owners have no affiliation with HawaiiUSA FCU, its products and services nor its website.
Although general property crime statistics have been decreasing in Hawaii over the years, crime still happens on a daily basis in our islands. Criminals do not discriminate and anyone can become a victim at any time. HawaiiUSA wants to remind our members to be vigilant when handling money and valuables in public. Here are some general safety tips to help you stay safe:
- Do not carry large sums of cash. Never display any cash in public.
- If you do carry cash, do not carry any more than is necessary. Most stores accept checks, credit cards and debit cards.
- If you must carry valuables like important papers, jewelry, cash, etc., choose to wear clothes with inside pockets or use a small bag with long thin straps that can be worn under your coat or clothes.
- Beware of pickpockets, especially in crowded areas. Thieves often work in pairs. One may bump you or distract you while the other is picking your pocket.
- Never leave valuables unattended, even with people you think you know.
It is always a good idea to be aware of your surroundings. Criminals are opportunistic. They will usually wait for an opportunity to take advantage of a victim who is unaware and not paying attention.
These tips are provided to help our members protect their valuable assets and themselves.
HawaiiUSA is now offering a program you currently cannot find elsewhere in Hawaii! When you purchase a vehicle, finance it with HawaiiUSA Federal Credit Union, and purchase a Vehicle Protection Program, HawaiiUSA will give you a six month complimentary Vehicle Return Protection with the option to upgrade for a longer term.
Vehicle Return Protection allows you to return your vehicle and walk away from negative equity up to $15,000 should any life changing circumstance arise, keeping your savings and credit intact.
In addition, HawaiiUSA now offers Roadside Assistance, Tire and Wheel Protection, and Paintless Dent Protection.
Emergency Roadside Assistance is available on a sign and drive basis; no out-of-pocket expense will be incurred – up to $100 per incident, and up to three uses per 12 months.
Tire and Wheel Protection
Replace or repair tires or wheels due to damage caused by road hazards.
Paintless Dent Protection preserves the showroom sparkle with coverage of minor door dings and dents.
Visit one of our 12 branches for more information on our new MPower Program.
The Nominating Committee of the Board of Directors for HawaiiUSA has nominated three (3) members to fill three (3) vacancies for the 2014-2015 Board of Directors. The following members, listed in alphabetical order, have been nominated:
Morris H. Kimoto · Harold H. P. Look · Jean H. Miyahira
HawaiiUSA members may petition the Board of Directors for nominations by submitting a brief statement of qualifications and biographical data, along with a petition signed by five-hundred (500) HawaiiUSA members. Nominations by petition must be postmarked no later than August 30, 2013. To receive a petition packet, email your request to email@example.com. Nominations by petition should be mailed to:
HawaiiUSA Federal Credit Union
PO BOX 23226
Honolulu, HI 96822
We are pleased to announce the 16 members who were selected to receive a $2,000 scholarship each for the 2013-2014 school year.
Stipends were awarded to HawaiiUSA members to help extend their opportunities for career enhancement with the Department of Education.
President & CEO, Karl Yoneshige, Assistant Superintendent Office of Human Resources, Mr. Corey Moriyama, and Acting Director Personnel Development Branch, Ms. Yvonne Lau, with stipend recipients who attended the award ceremony on May 4, 2013.
What would you think of an investment which, after 15 years, couldn't buy as much as it could when you first invested the money? If you have a Traditional or Roth IRA in a low-yielding share account, that’s what your hard-earned dollars are currently doing.
In today's low interest environment, share-deposit IRA’s are earning less than .5% a year. While they have the advantage of being NCUA insured, they are hardly growing in value. At the same time, the cost of living continues to rise. This increase in the cost of everything is known as inflation and, historically, averages about 3.00% a year.
What can you do about this steady erosion in the purchasing power of your retirement funds? At HawaiiUSA Investment and Insurance Services, available through CFS*, we provide members with options for their retirement dollars. We invite you to give us a call at 844.8338 or stop in at any HawaiiUSA branch and speak with a Financial Advisor. Have your retirement money work as hard as you do.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. HawaiiUSA Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
When:Monday, August 5, 2013
Where:Pearl Country Club
Time:11:30 a.m. Registration
12:30 a.m. Shotgun Start
Cost:$1500 Platinum Sponsor* (includes two teams and greenies)
$1000 Gold Sponsor* (includes one team and greenies)
$650 Sliver Sponsor* (one team)
$110 Per Person*
* includes green fees, cart fees, lunch, banquet, & one (1) Flanigan
- Handicap Maximum: Men 24/Women 36
- Handicaps will be reviewed by the Golf Tournament Committee
- Flanigan: One (1) chance to rehit your ball, and select the better of the two
Please send entry and payment to:
Attn: Golf Tournament Committee
1226 College Walk
Honolulu, HI 96817
Make checks payable to: HawaiiUSA FCU Golf Tournament
Download PDF Version of newsletter for application
Proceeds derived from this tournament will benefit Hawaii’s schools and/or educators in the Hawaii Public Education System to further their career development. Call 534.4300 for more information.
We proudly congratulate recipients of our 2013 1st Quarter Keys of Excellence Awards! HawaiiUSA’s KOE winners demonstrate our Core Values of Service, Integrity, Unity and Achievement.
Business Relationship Officer
In three months, Meli achieved 300% of her sales goal! Meli’s insight saved a business owner money and built a loyal relationship.
When assisting branches as a relief manager, Kelii shares observations and talks with employees to help them succeed. As a 19-year employee, Kelii granted a loan to a member who was trying to keep things together for the family. Our member was in tears of joy. “Situations like these are AWESOME…we show our members how Life matters” – Kelii.
Laurie Kamada, Travis Kiyono, Val Ozaki, Shannon Fujiwara,
Sandy Hiromasa, Curtis Nishimura, Jennifer Batacan, Deb Louis,
Amanda Takahashi, Jody Yamada & Scott Young
CTR Template Conversion Team
Employees from Compliance, IT and Member Relations/Branch Support reconfigured the previous Symitar Currency Transaction Report (CTR) form used by branches. After several weeks, they met our Bank Secrecy Act (BSA) requirement by 3/31/2013 and saved our company money.