Hawaii Schools Credit Union

233 Vineyard Street
Honolulu, HI 96813
(808) 521-0302
www.hawaiischoolsfcu.org

NCUA


Hawaii Schools Credit Union is headquartered in Honolulu and is the 25th largest credit union in the state of Hawaii. It is also the 1,976th largest credit union in the nation. It was established in 1936 and as of March of 2013, it had grown to 14 employees and 6,117 members. Hawaii Schools Credit Union's CD rates are 3X the national average, and it boasts a 5-star health rating.



See Rates for: Savings | CD | IRA

Hawaii Schools Credit Union Savings Account Rates

ApyMinMaxProduct
1.50%$50k-Individual Retirement Account
1.00%--Holiday Club Savings
0.25%$50k-Savings

Hawaii Schools Credit Union CD Rates

ApyMinMaxProduct
3.00%$1k$1k12 Month Super Saver CD
1.25%$2,500-60 Month CD
1.00%$2,500-48 Month CD
0.75%$2,500-36 Month CD
0.50%$2,500-24 Month CD
0.40%$2,500-12 Month CD
0.30%$2,500-6 Month CD

Hawaii Schools Credit Union IRA Rates

ApyMinMaxProduct
2.00%$2,500-5 Year IRA
1.75%$2,500-4 Year IRA
1.50%$2,500-3 Year IRA
1.25%$2,500-2 Year IRA
1.00%$2,500-1 Year IRA

Rates updated: 6/19/2013

Data for Q1 2013


Institution Statistics


HAWAII SCHOOLS
NCUA #1785
BankRate ReportView
Year Chartered1936
Employees14
Primary Regulator

Assets and Liabilities

Assets$65.22 million
Loans$31.18 million
Deposits$55.49 million
Equity Capital$7.46 million
Loan Loss Allowance$346,000
Unbacked Noncurrent Loans$358,000

Historic Data - March 2012

Assets$62.92 million
Equity Capital$7.43 million
Loan Loss Allowance$413,000
Unbacked Noncurrent Loans$58,000

Profit Margin - Quarterly

Net Interest Margin1.15%
Return on Assets0.02%
Return on Equity0.16%
Interest Income$459,000
Non-Interest Income$62,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 March 31, 2013 Hawaii Schools Credit Union had $358,000 in non-current loans and owned real-estate with $7.8 million in equity and loan loss allowances on hand to cover it. This gives Hawaii Schools Credit Union a Texas Ratio of 4.59% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Hawaii Schools Credit Union held steady from 0.74% as of March 31, 2012 to 4.59% as of March 31, 2013, resulting in a negative change of 520.48%. This indicates that the balance sheet and financial strength for Hawaii Schools Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Hawaii Schools Credit Union has increased its total deposits by $1.76 million, resulting in 3.28% 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 Schools Credit Union has shown is above average.
Capitalization4
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 Schools Credit Union has $65.22 million in assets with $7.8 million in equity, resulting in a capitalization level of 11.97%, which is above average.
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