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Overview / Commentary
808-935-2969
131 Puuhonu Way
Hilo, HI 96720

Hawaii County Employees Credit Union is headquartered in Hilo and is the 21st largest credit union in the state of Hawaii. It is also the 1,705th largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 15 employees and 5,905 members. Hawaii County Employees Credit Union has a A+ health rating.

Field of Membership Restrictions

Must be an employee of the County of Hawaii, the Comprehensive Employment and Training Act who works for the County of Hawaii, Hawaii Government Employees Association or the United Public Workers Association who works in Hilo, Hawaii. - See Details

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Health

Data for Q4 2013

Institution Health

A+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Hawaii County Employees Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Hawaii County Employees Credit Union had $238,000 in non-current loans and owned real-estate with $13.29 million in equity and loan loss allowances on hand to cover it. This gives Hawaii County Employees Credit Union a Texas Ratio of 1.79% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Hawaii County Employees Credit Union decreased dramatically from 2.69% as of December 31, 2012 to 1.79% as of December 31, 2013, resulting in a positive change of 33.31%.This indicates that the balance sheet and financial strength for Hawaii County Employees Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Hawaii County Employees Credit Union has increased its total deposits by $3.55 million, resulting in 5.46% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Hawaii County Employees Credit Union has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Hawaii County Employees Credit Union has $81.66 million in assets with $13.29 million in equity, resulting in a capitalization level of 16.27%, which is excellent.

Institution Statistics

Overall
NCUA #1784
Year Chartered1936
Employees15
Primary Regulator
Assets and Liabilities
Assets$81.66 million
Loans$28.32 million
Deposits$68.50 million
Equity Capital$12.86 million
Loan Loss Allowance$432,000
Unbacked Noncurrent Loans$238,000
Real Estate Owned$0
Historic Data - December 2012
Assets$78.12 million
Equity Capital$12.72 million
Loan Loss Allowance$535,000
Unbacked Noncurrent Loans$238,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.02%
Return on Assets0.19%
Return on Equity1.19%
Interest Income$2.04 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Hawaii County Employees Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Hawaii County Employees Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Christmas Club Share Account
0.50%--IRA Share Account
0.50%--Roth IRA Share Account
0.50%--Coverdell Education Savings Account
0.20%$50-Regular Share Account
0.20%$50-Sub-Share Account

Hawaii County Employees Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$2,500-Money Market Share Account

Hawaii County Employees Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.00%--Share Draft Account

Hawaii County Employees Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.70%$2,500-24 Month Share Certificate
0.50%$2,500-18 Month Share Certificate
0.40%$2,500-1 Year Share Certificate
0.35%$2,500-6 Month Share Certificate

Hawaii County Employees Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-24 Month IRA Share Certificate (Traditional,Roth,CESA)
0.50%$1k-1 Year IRA Share Certificate (Traditional,Roth,CESA)
Locations


Hawaii County Employees Credit Union Locations
Branch Office375 Kekuanaoa StHilo, HI 96720
Branch Office131 Puuhonu WayHilo, HI 96720