Hawaii State FCU Offers Assistance Program to Members Affected by COVID-19

March 31, 2020

HONOLULU — Hawaii State Federal Credit Union (Hawaii State FCU), Hawaii’s largest credit union with more than 114,000 members statewide and branches on Oahu and Maui, has announced a new emergency assistance program for its members affected by the recent impacts of COVID-19.

The Hawaii State FCU Emergency Assistance Program includes:

  • Emergency Assistance Loans of up to $5,000 with no prepayment penalty.
  • Loan Payment Deferrals and Mortgage Forbearance providing relief from making scheduled monthly payments. Hawaii State FCU consumer loan payments may be deferred from one to three months. A forbearance program for mortgage payments is also available.
  • Term Share Early Withdrawals without an early withdrawal penalty. The minimum withdrawal is $500.

Additionally, beginning Wednesday, April 1, the credit union will temporarily waive all surcharge fees at Hawaii State FCU ATMs.

“With so many lives affected by the pandemic, we understand the unforeseen financial difficulties that our community is facing,” said Andrew Rosen, president and CEO of Hawaii State FCU. “We want our members to know that we’re here to help during this time of uncertainty and we hope that our Emergency Assistance Program will provide some form of relief and financial security during this unprecedented time.”

To qualify for the Emergency Assistance Program, individuals must have been a member of the Hawaii State FCU as of Dec. 31, 2019.

For more information about Hawaii State FCU’s Emergency Assistance Program, call (808) 587-2700 or toll-free 1 (888) 586-1056. For more information and for ongoing updates regarding Hawaii State FCU branch operations as a result of COVID-19, please visit www.HawaiiStateFCU.com/updates.

About Hawaii State Federal Credit Union

Hawaii State Federal Credit Union (Hawaii State FCU), Hawaii’s largest credit union, was founded in 1936. Serving state, city and county employees as well as non-profits and select businesses and their families across the state, Hawaii State FCU has more than 114,000 members and $1.7 billion in assets. Hawaii State FCU provides financial advising, checking, savings and loan services on Oahu and in Kahului, Maui. For more information, visit www.HawaiiStateFCU.com.

 

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