Hawaii Community Federal Credit Union Convenience Community
 
E-BRANCH
CALL24
ATM
CURRENT RATES
CONTACT US
LOCATIONS
HOME > ABOUT US >  HISTORY
Our history: Roots in Kona coffee farming.

 

 
First branch
Appropriately enough, the original Kona Community Federal Credit Union used this coffee "shack" as its office until 1955. It was located next to the present facility in Kealakekua.



In 1955, we were the largest federal credit union in the former territory of Hawaii, and also the first to erect our own building. (Left to right) Patrick Masutomi, Peter Hirata, Yasunori Deguchi, Mitsugi Inaba, Matsuko Onaka, Paul Sakamoto, Nora Koyanagi, Harry Chow.



The Kealakekua branch, now a familiar landmark to mauka residents, opened its doors on June 1, 1973.



Hard at work: In the early 1960s, credit union staff (Lilly Ushiroda, cashier; Mitsugi Inaba, manager; Yasunori Deguchi, assistant manager; Nora Koyanagi, secretary; Matsuko Onaka, loan clerk; and Patrick Masutomi, field rep), manually calculate the dividends for each share account. The entire staff was needed to help in the process of calculating and posting the dividends.
 

On a windy, rainy night in 1936, a group of 10 coffee farmers sat down in Kealakekua and drew up a charter to form their own credit union. Because they had difficulty obtaining loans or service from banks, this new credit union helped its first members get through the challenges of the Great Depression and kept their farms and families going.

Known initially as Kona Farmers Federal Credit Union, and later expanded in 1939 as Kona Community Federal Credit Union, this credit union was built by our community, for our community.

HCFCU's field of membership increased substantially in 1981 when Kohala Federal Credit Union merged with us. In 1991, we changed our name to Hawaii Community Federal Credit Union to better represent the geographic scope of our membership. In 2000, our field of membership opened up to the entire island of Hawaii as Paauhau Federal Credit Union merged with us. We now serve members with offices in Kealakekua, Kailua-Kona, Kapaau, Paauhau and Kaloko. Through our shared branching locations on other islands, members can access these branches as though they were their own.

Today a few charter members are still living, and we salute them. Without them, there would not be a Hawaii Community Federal Credit Union, now grown stronger and larger beyond their wildest dreams.

 

 

 

 
 
     

 

NCUA LogoEqual Housing Lender Logo        

Accounts | Loans | Services | About Us | Security | Sitemap | Terms & Conditions | Privacy & Account Disclosures |  Funds Availability