PRODUCTS
LOAN PRODUCTS:
Signature (personal loan) - 1-5 years
Car – New - 2-7 years
Used - 2-5 years
Share Secured – 2,3,& 5 years
Tuition – 1-3 years
1-year Specials
Bill Consolidation: 1-3 years (offered January thru March)
Line of Credit/Overdraft Protection for Share Draft
First Mortgage Loans
Are you in need of financing your dream home or considering refinancing an existing home? Hawaiian Electric EFCU offers a complete range of mortgages to fit your needs. For more information and current rates, please call us at 808-543-4428. We will prequalify you for the most home your budget can afford.
Home Equity Line of Credit (HELOC)
Need help with large expenses, home improvement, bill consolidation, or taxes? Use the equity in your home to send your kids to college, finance a dream vacation, start a business, purchase a new vehicle, or do home renovations. The interest paid may be tax deductible. (Consult your tax advisor)
$200,000 or up to 80% loan-to-value ratio, whichever is less
$20,000 minimum line of credit
Shares: A safe and convenient way to save.
Minimum $5.00 to open
Earn interest with a minimum deposit of $100.00
Payroll deduction
Custodial Account: A worthwhile opportunity to save for your children
Minimum $5.00 to open
Payroll deduction
Available to members’ children and grandchildren from birth to age 21 years old
High yielding dividend rate
Christmas Club: An attractive Christmas savings plan with dividends
Minimum $5.00 to open
Payroll deduction
Funds are mailed to you or directly deposited to your share or share draft account on or after October 1st.
Share Draft : A checking account with great value
$100.00 to open
No minimum balance required
Payroll deduction or net deposit
First check order free
$500.00 overdraft protection offered with every checking account
(Higher limits available upon request )
Roth IRA Savings:
Offers the opportunity for tax-free earnings
Gives you an easy and safe way to plan for the future
Minimum $100.00 to open
Certificates of Deposit:
Higher yielding share certificate with a 1 or 2 year term. Special terms offered from time to time.
Minimum deposit - $1,000.00
VISA CREDIT CARD:
Classic Visa Credit Card @ 9.50%
Maximum $10,000
No Annual Fee
Platinum Visa Credit Card @ 8.50%
Minimum $5,000 up to $10,000
No Annual Fee
Look at What Else We Offer:
Wire Transfers
Accidental Death & Dismemberment Insurance
Credit Disability Insurance
Loan Protection
Accidental Death and Dismemberment Insurance:
Every member is offered $2,000 in Accidental Death Insurance at absolutely no cost. Eligible members, ages 18 through 69, may choose to purchase from $10,000 to $200,000 in additional accident protection at very affordable rates. For detailed information, please contact us.
Credit Disability Insurance:
This affordable coverage reduces or pays off your loan balance should you become disabled. You pay for only the coverage you need. For added convenience the premium is added to your loan payment and when the loan is paid off, the premium and benefits end. For more details, please contact us.
Loan Protection Insurance:
Members under age 70 are eligible for loan protection insurance at no cost. This life insurance covers the balances on all loans made at the Credit Union up to $15,000, excluding Credit Card balances, First Mortgages and Home Equity loans. Other qualifications may apply. For more details, please contact us.
