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Hawaii Schools Federal Credit Union was founded on November 5, 1936 then as Oahu Teachers No. 2 Federal Credit Union by ten educators.  These pioneering educators sought to form an institution where they could save money in a safe place as well as an institution from which they could borrow money at fair rates.  Hawaii Schools FCU, founded as Oahu's first, was established to serve the needs of middle school teachers in metropolitan Honolulu.

Over the years Hawaii Schools FCU expanded its products and services to include those of a more contemporary financial institution.

In 2000, our Board of Directors approved a two-fold change in our membership focus.  First, our membership charter was updated so that we could welcome as members all teachers in the State of Hawaii, as well as all public education employees, students, and families.  Then to signify our broadened approach, our name was changed to Hawaii Schools Federal Credit Union.

Today, Hawaii Schools FCU ranks as the eleventh largest credit union among our peers on Oahu and we continue to offer contemporary financial solutions for our members.  Our Board of Directors meets regularly to discuss how Hawaii Schools FCU can continue to improve the ways it meets the needs of its members.