On October 3, 2008, the President signed into law the Economic Emergency Stabilization Act of 2008 that temporarily increases share insurance coverage from $100,000 to $250,000.  This increase is effective from the date of enactment through December 31, 2009.

Your savings at Hawaii Schools Federal Credit Union is insured by the National Credit Union Administration (NCUA), a federal government agency similar to the Federal Deposit Insurance Corporation (FDIC) who insures banks and is backed by the full faith and credit of the U.S.  government.  Federal insurance protects money held in share savings, share draft/checking, money market, share certificates, trust and retirement accounts.

We want to assure you that Hawaii Schools Federal Credit Union is financially sound and that your savings is safe and secured with us.

Should you have any questions about the increased insurance protection, please click here for the NCUA Share Insurance Tool Kit link for more information, or call the NCUA Consumer Assistance Hotline at 1-800-755-1030.