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 499th largest credit union in the nation. It was established in 1937 and as of June of 2023, it had grown to 125 employees and 51,701 members at 6 locations. HFS Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in HFS Federal Credit Union 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 Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1829 |
| Year Chartered | 1937 |
| Employees | 125 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 7.76% |
| Annual Interest Income | $13.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $840.6MM$843.2MM |
| Loans | Q2 2023vs Q2 2022 | $345.0MM$271.9MM |
| Deposits | Q2 2023vs Q2 2022 | $757.6MM$768.9MM |
| Equity Capital | Q2 2023vs Q2 2022 | $76.1MM$69.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$3.2MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.6MM$1.8MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |