Overview / Commentary
HFS Federal Credit Union is headquartered in HILO and is the 5th largest credit union in the state of Hawaii. It is also the 498th largest credit union in the nation. It was established in 1937 and as of December of 2022, it had grown to 117 employees and 50,693 members at 6 locations. HFS Federal Credit Union's CD rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, volunteer, or participate in associations headquartered on the Island of Hawaii.
See current membership details
Health
B+
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1829 |
| Year Chartered | 1937 |
| Employees | 117 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 7.46% |
| Annual Interest Income | $20.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $841.4MM$811.4MM |
| Loans | Q4 2022vs Q4 2021 | $315.1MM$239.2MM |
| Deposits | Q4 2022vs Q4 2021 | $760.5MM$739.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $73.8MM$68.3MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $3.8MM$3.1MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $2.7MM$2.3MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |