Hawaii Schools Credit Union
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
|
Apy | Min | Max | Product |
| 1.50% | $50k | - | Individual Retirement Account |
| 1.00% | - | - | Holiday Club Savings |
| 0.25% | $50k | - | Savings |
Hawaii Schools Credit Union CD Rates
|
Apy | Min | Max | Product |
| 3.00% | $1k | $1k | 12 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
|
Apy | Min | Max | Product |
| 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 Report | View | | Year Chartered | 1936 | | Employees | 14 | | 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 Margin | 1.15% | | Return on Assets | 0.02% | | Return on Equity | 0.16% | | Interest Income | $459,000 | | Non-Interest Income | $62,000 |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | 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 Trend |  | | 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 Growth |  | | 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. | | 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 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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