Rates

Auto Loans

Rates Effective: April 1, 2018

NEW Auto Loans (Rates good thru 6/30/18)
Term Rate APR*
SPECIAL: 2 & 3 Years 2.20% 2.20%
SPECIAL: 4 Year 2.25% 2.25%
SPECIAL: 5 Year 2.50% 2.50%
6 year1 3.00% 3.00%
7 year1 3.50% 3.50%
USED Auto Loans (Rates good thru 6/30/18)
Term Rate APR*
SPECIAL: 2 & 3 Years 2.20% 2.20%
SPECIAL: 4 Year 2.25% 2.25%
SPECIAL: 5 Year 2.50% 2.50%
SPECIAL: 6 year 3.50% 3.50%

* APR = Annual Percentage Rate

16 and 7 year New Car loan rates: Minimum $20,000, 100% Kelley Blue Book retail price, No down payment – 100% Financing

Loans

Rates Effective: April 1, 2018

UNSECURED Loans
Loan Type Maximum Term Rate APR*
Signature Loan 2 year 8.25% 8.25%
Signature Loan 3 year 9.00% 9.00%
Signature Loan 4 year 10.50% 10.50%
Signature Loan 5 year 11.50% 11.50%
Spring Loan** 1 year 3.25% 3.25%
Tuition Loan1 1 year 3.25% 3.25%
Tuition Loan1 2 year 3.75% 3.75%
Tuition Loan1 3 year 4.25% 4.25%
Bill Consolidation Loan2 1 year 3.00% 3.00%
Bill Consolidation Loan2 2 year 4.25% 4.25%
Bill Consolidation Loan2 3 year 5.00% 5.00%
Bill Consolidation Loan2 4 year 5.50% 5.50%
Line of Credit OD3 n/a 12.00% 12.00%
Home Equity Line of Credit*** 1 to 3 year fixed 1.00% to 3.00% 1.00% to 3.00%

* APR = Annual Percentage Rate

** Minimum $2,500, Maximum $20,000 Rates good thru 6/30/18

*** HELOC promotional rates listed. Rate will change to a variable rate after the promotional period, based on the Wall Street Journal prime rate + 1% margin.

1Tuition Loan: Maximum $50,000, Rate good thru 6/30/18, 2Bill Consolidation Loan: Maximum $30,000, Rate good thru 5/31/18, 3Line of Credit OD: Maximum $5,000

SECURED Loans
Loan Type Maximum Term Rate APR*
Share Secured 2 – 5 year 2.50% 2.50%

* APR = Annual Percentage Rate

VISA Credit Cards
Card Type Maximum Credit Limit Rate APR*
Platinum1 $5,000 – $10,000 8.50% 8.50%
Classic1 $10,000 9.50% 9.50%

* APR = Annual Percentage Rate

1No Annual Fee

Shares

Rates Effective: April 1, 2018

Savings & Checking
Account Type Dividend Rate APY*
Share 0.15% 0.15%
Christmas 0.15% 0.15%
Share Draft 0.05% 0.05%
Custodial 0.20% 0.20%

* APY = Annual Percentage Yield

Fees may reduce earnings.

Certificates

Rates Effective: April 1, 2018

Share Certificates
Term Minimum Deposit Dividend Rate APY*
SPECIAL: 11 MONTH $1,000.00 0.25% 0.25%
1 year $1,000.00 0.30% 0.30%
2 year $1,000.00 0.40% 0.40%

* APY = Annual Percentage Yield.

Dividends on certificates are posted quarterly to your regular share account. Fees may reduce earnings. (Rates subject to change without notice)

IRAs

Rates Effective: April 1, 2018

IRAs: Traditional, Roth & Education
Term Dividend Rate APY*
Roth IRA 0.65% 0.65%

* APY = Annual Percentage Yield

Upcoming RETIREMENT PLANNING workshops in April for all HECO employees. Courtesy of INPAC, workshops to be held at Ward, King St., Waiau and Kahe PP. Free lunch provided! Sign up for a workshop