HONOLULU — Hawaii State Federal Credit Union (Hawaii State FCU) today announced the promotions of key executives in its consumer and mortgage lending division.
Victor Brock was promoted from vice president to senior vice president of consumer and mortgage lending, where he will continue to manage a $700 million loan portfolio for the largest credit union lender in the state. During his four-year tenure at Hawaii State FCU, Brock spearheaded the introduction of several new loan programs and products, including the credit union’s first-time homebuyer mortgage program, no-down Combo 100 mortgage program, photovoltaic loan product, and credit card cash rewards program. He increased average monthly first mortgage fundings more than 500 percent over four years, from $2 million in 2013 to $12.2 million in 2016. Brock also led the implementation of policies and procedures to comply with the Dodd-Frank Wall Street Reform Act. He has nearly 30 years of experience in financial services, which includes executive positions at Bank of America and Central Pacific Bank.
Steven Ohata was promoted to assistant vice president of consumer loan operations, where he will oversee consumer loan products, including auto dealership loans, solar photovoltaic loans, home renovation loans, and home equity lines of credit (HELOCs). Prior to joining Hawaii State FCU three years ago as consumer loan operations manager, Ohata served as vice president of loans at Hickam Federal Credit Union.
Mihe Muraoka was promoted to assistant vice president of mortgage loan operations, where she will continue to oversee first mortgage operations and drive mortgage loan growth. In her previous role as Hawaii State FCU’s mortgage loan operations manager, she reduced the processing time on first mortgages and increased mortgage loan closings. She also served for five years as the operations manager at CU Network Services LLC, the mortgage Credit Union Service Organization for Hawaii Central Federal Credit Union.
“At Hawaii State FCU, we look forward to helping our members achieve their goals at every stage of their lives, from buying their first home to financing a new car,” said Andrew Rosen, president and CEO of Hawaii State Federal Credit Union. “With Victor, Steven and Mihe leading consumer and mortgage lending, we’ve been able to grow our loan portfolio while providing members with affordable, low-interest rates, enabling us to maintain our position as the largest credit union lender in Hawaii.”