Hawaii Law Enforcement FCU is headquartered in Honolulu and is the 15st largest credit union in the state of Hawaii. It is also the 1,139th largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 28 employees and 13,042 members. Hawaii Law Enforcement FCU's savings rates are 25% higher than the national average, and it has a A health rating.
Field of Membership Restrictions
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Data for Q1 2014
Institution Health
Texas Ratio
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Hawaii Law Enforcement FCU had $440,000 in non-current loans and owned real-estate with $15.4 million in equity and loan loss allowances on hand to cover it. This gives Hawaii Law Enforcement FCU a Texas Ratio of 2.86% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Hawaii Law Enforcement FCU experienced no significant changes from 2.85% as of March 31, 2013 to 2.86% as of March 31, 2014, resulting in a negative change of 0.14%. This indicates that the balance sheet and financial strength for Hawaii Law Enforcement FCU has had no significant changes in recent periods.
Deposit Growth
In the past year, Hawaii Law Enforcement FCU has increased its total deposits by $6 million, resulting in 4.59% 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 Law Enforcement FCU has shown is excellent.
Capitalization
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 Law Enforcement FCU has $152.4 million in assets with $15.4 million in equity, resulting in a capitalization level of 10.10%, which is above average.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 1870 |
| Year Chartered | 1937 |
| Employees | 28 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $152.40 million |
| Loans | $58.09 million |
| Deposits | $136.82 million |
| Equity Capital | $14.97 million |
| Loan Loss Allowance | $422,000 |
| Unbacked Noncurrent Loans | $42,000 |
| Real Estate Owned | $398,000 |
| Historic Data - March 2013 | |
|---|---|
| Assets | $147.48 million |
| Equity Capital | $15.78 million |
| Loan Loss Allowance | $476,000 |
| Unbacked Noncurrent Loans | $42,000 |
| Real Estate Owned | $398,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 1.09% |
| Return on Assets | 0.28% |
| Return on Equity | 2.89% |
| Interest Income | $1.01 million |
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Hawaii Law Enforcement FCU Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.65% | - | - | Christmas Club Account | |
| 0.15% | - | - | Share Savings Account | |
| 0.15% | - | - | Keiki Account | |
| 0.15% | - | - | Achievement Account | |
| 0.15% | - | - | IRA Share | |
| 0.15% | - | - | Roth IRA Share | |
| 0.15% | - | - | CESA Account |
Hawaii Law Enforcement FCU Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.05% | - | - | Share Draft Account |
Hawaii Law Enforcement FCU CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.75% | $1k | - | 36 Month CD | |
| 0.55% | $1k | - | 24 Month CD | |
| 0.45% | $1k | - | 18 Month CD | |
| 0.35% | $1k | - | 12 Month CD | |
| 0.25% | $1k | - | 4 Month CD Special |
Hawaii Law Enforcement FCU IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.75% | $1k | - | 36 Month True Blue IRA | |
| 0.55% | $1k | - | 24 Month True Blue IRA | |
| 0.45% | $1k | - | 18 Month True Blue IRA | |
| 0.35% | $1k | - | 12 Month True Blue IRA | |
| 0.25% | $1k | - | 4 Month True Blue IRA Special |
| Hawaii Law Enforcement FCU Locations | ||
|---|---|---|
| Branch Office | 1140 Kuala St | Pearl City, HI 96782 |
| Branch Office | Pearl City Police Station 1100 Waimano Home Rd Ofc 4 | Pearl City, HI 96782 |
| Branch Office | 1537 Young St Fl 3 | Honolulu, HI 96826 |
| Branch Office | Crossroads at Kapolei 889 Kamokila Blvd Ste 202 | Kapolei, HI 96707 |
| Branch Office | 801 S Beretania St | Honolulu, HI 96813 |