About HSFCU

Hawaii Schools Federal Credit Union is an exclusive, lifetime benefit available to employees, retirees, and current students of the Department of Education (K-12) system in the State of Hawaii including qualifying family members and domestic partners.  We are one of Hawaii's oldest credit unions and the largest remaining credit union in Hawaii with a membership focus on those involved with public education (K-12).

Unlike other financial institutions that have public stockholders, Hawaii Schools FCU is a not-for-profit financial cooperative where our members are the shareholders and owners. Your Savings Account represents your ownership in Hawaii Schools FCU.  All income after operating expenses and federally-mandated reserves is returned to our member-owners, in the form of higher dividends and great loan rates.

As a Hawaii Schools FCU member, you will enjoy higher-than-average dividend payouts, superior personal service, and access to our diverse line of financial solutions including:

  • Savings and Checking with no-fee ATM and Debit Cards

  • Individual Retirement Accounts and Educational Savings Accounts

  • Direct Deposit, Overdraft Protection and Electronic Funds Transfer

  • Visa® Credit Cards

  • Home Equity Lines of Credit

  • Vehicle Loans

  • Account Access by Phone, Online Account Access, eStatement, and Online Bill Payer

  • Access to more than 30,000 ATMs through CO-OP ATM

  • More than 60 'Shared' Branches throughout Hawaii 

We encourage you to take advantage of the financial products and services we have to offer. We look forward to serving you.

Our History

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 the metropolitan Honolulu.

Over the years, Hawaii Schools FCU expanded its products and services to become a full-service 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 Department of Education teachers in the State of Hawaii, as well as all Department of 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 thirteenth 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.