Mar, 31, 2021 — HAWAII SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in Honolulu, HI with 1 branch location and about $71.45 million in total assets. Opened 85 years ago in 1936, HAWAII SCHOOLS FEDERAL CREDIT UNION has about 3,998 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HAWAII SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 233 Vineyard St Honolulu, HI 96813-2446 |
| Phone: | (808) 521-0302 |
| Fax: | (808) 538-3231 |
| Website: | http://www.hawaiischoolsfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,998 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1785 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $71,451,057 |
| CEO/Manager: | Robin C Kim |
| Chairperson: | Milton Higa |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,945,909 |
| TOTAL INVESTMENTS | 42,276,310 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 14,687,979 |
| Unsecured Loans | 1,217,140 |
| Other Loans | 7,194,131 |
| TOTAL LOANS | 23,099,250 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -204,939 |
| Land And Building | 95,000 |
| Other Fixed Assets | 33,339 |
| NCUSIF Deposit | 569,801 |
| All Other Assets | 2,636,387 |
| TOTAL ASSETS | 71,451,057 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 953 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 707,001 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,287,942 |
| Regular shares | 43,791,542 |
| All Other Shares & Deposits | 9,354,762 |
| TOTAL SHARES & DEPOSITS | 62,434,246 |
| TOTAL LIABILITIES | 63,142,200 |
| Regular Reserve | 1,276,360 |
| Other Reserves | 42,359 |
| Undivided Earnings | 6,990,138 |
| TOTAL EQUITY | 8,308,857 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 71,451,057 |
| INCOME & EXPENSE | |
| Loan Income | 227,512 |
| Investment Income | 152,117 |
| Other Income | 6,214 |
| Total Employee Compensation & Benefits | 187,150 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 171,790 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -18,168 |
| Cost of Funds | 32,944 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 42,290 |
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