HONEA Merger FAQ’s
It’s now official! Honea Federal Credit Union merged with HOCU (Honolulu Federal Credit Union) on December 1, 2021. We’re excited to have you and answer any questions you have.
You should have received a Welcome Packet in the mail with more information about the merger. Click here to view a digital version of the Welcome Packet.
Attached below is a list of FAQs about the merger and what to expect as the newest HOCU member.
Don’t see what you’re looking for? Send us a question here.
No, membership eligibility is transferred with the merger of HONEA FCU with HOCU. Membership with HOCU is effective December 1, 2021.
Yes, you will be issued new account number(s). Your HOCU account number will be eight digits. Part of your current HONEA account number will be used to fill the eight digits that is required. An added prefix number of 55 will be used followed by zero(s) if applicable. See examples below:
At the close of business day on November 30, 2021, your account balances will be transferred to your new HOCU account.
Yes. You will receive a final HONEA statement for the month of November 2021 (received in December 2021).
HOCU will send account statements beginning in December 2021 (received in January 2022).
HOCU offers similar products and services that you are currently receiving from HONEA. We do offer a wide variety of products and services that can fit your financial needs. Please visit myhocu.com or call us at 808-777-5646 for more information.
Starting on December 1, 2021, HONEA members will have access to HOCU’s Shared Branching options. HOCU is a participant in the CO-OP network, offering access to over 30,000 ATMs nationwide without surcharges.
On December 1, 2021, HOCU will convert your Your Choice Checking and/or Share Express Accounts into one HOCU checking account.
Your entire balance will be transferred to this new account with the same rates and conditions.
You can continue to use your HONEA debit card until 9 pm on November 28, 2021. Your card will no longer be active after this date.
If you currently have a HONEA debit card, you should of received a new HOCU debit card by November 20, 2021. We recommend that you activate your new HOCU debit card as soon as you receive it. Once your new card has been activated, we recommend that you destroy your HONEA debit card after November 28, 2021. You may start using your new HOCU debit card on December 1, 2021, at the start of business day.
You will receive a complimentary box of 80 checks before November 28, 2021. You can start using your HOCU checks on December 1, 2021, at the start of the business day.
You can continue to use your HONEA checks until November 28, 2021. For security purposes, we recommend shredding your supply of HONEA checks.
On December 1, 2021, HOCU will convert all HONEA Regular Share Accounts into HOCU Regular Share Accounts. No action is necessary on your part. Your entire balance will be transferred.
Keiki Club accounts are coming over “as is” and will convert to a HOCU Regular Share account when the primary member on the account reaches the age of 17.
Christmas Club accounts are coming over “as is.” Any new Christmas Club accounts opened on or after December 1, 2021, will follow HOCU’s Christmas Club account rates, terms, and conditions.
On the close of business day on November 30, 2021, all accrued interest will be posted to your certificate account. If your certificate(s) mature on November 26 through November 30, 2021, it will not renew and will be closed.
On December 1, 2021, your Term Share Certificate(s) will transfer over to HOCU. Terms and conditions will remain the same as HONEA.
On November 28, 2021, online banking with HONEA will no longer be available. You will need to enroll for online banking with HOCU. Visit a HOCU branch, log onto your account at myhocu.com, or call us at 808-777-5646 to enroll.
Your existing Direct Deposit and Payroll will be re-routed to your new HOCU account. During this time, please inform your direct deposit and/or payroll providers about your new HOCU account number and routing number to ensure there are no interruptions to the receipt of your deposit. Please visit a HOCU branch, log onto your account on myhocu.com, or call us at 808-777-5646 for more details.
On November 28, 2021, bill pay with HONEA will no longer be available.
You will need to enroll in HOCU online banking, and then sign up for bill pay. Member needs to have a HOCU checking account to use bill pay. For more information on how to enroll, visit a HOCU branch, log onto your account at myhocu.com, or call us at 808-777-5646.
To ensure that your payments will continue to be processed, please contact the companies that process automatic payments from your checking account and inform them of your new HOCU account number and routing number.
Our routing number is 321379164.
You can receive statements electronically by enrolling through HOCU’s online banking. For more information on how to enroll, visit a HOCU branch, log onto your account on myhocu.com, or call us at 808-777-5646.
Yes, HOCU provides members with incoming/outgoing wire transfer services. For breakdown on costs, please refer to HOCU’s Fee Schedule in the Disclosure and Fees section of the Welcome Packet.
Yes, HOCU offers a mobile banking app for Apple IOS and Android devices. You must be first enrolled in online banking to use the mobile banking app.
On November 28, 2021, HONEA’S Tell Talk system will no longer be available.
Your Automatic Transfer service between your HONEA accounts will automatically be set up with your new HOCU account(s). Automatic loan payment transfers from your HONEA account to your HONEA loan will automatically be set up with your new HOCU account(s).
No change. No action required on your part.
You will receive a monthly statement that includes a payment amount and your current balance.
Loan payments can be made at any HOCU branch location. If you need to mail in a payment, please send it to the following address:
Honolulu Federal Credit Union (HOCU)
PO BOX 235862
Honolulu, HI 96823
If you have a current HELOC loan that has draft writing capabilities, please contact HOCU to order new drafts.
You can continue to use your HONEA HELOC drafts until November 28, 2021. After November 28, 2021, please destroy any remaining HONEA HELOC drafts and begin using the new HOCU HELOC drafts you receive.
If you have questions not addressed on this page, please go to myhocu.com/send-us-an-email. This webpage will be updated with new information throughout the merger for HONEA members.
You can also visit one of our HOCU branches or call 808-777-5646 to speak with one of our team members.
Min Balance | APY* | When Paid** | Rate Update | Remarks |
$0 – $20,000 | 4.75% | Monthly | September 1, 2023 | Balances over $20,000 earn 0.25% dividend rate on portion of balance over $20,000, resulting in 4.75%-0.26% APY. ATM refunds nationwide based on meeting cycle qualifications. Earn 0.03% APY if cycle qualifications not met. |
*APY – Annual Percentage Yield. APYs accurate as of 09/01/2023. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) balances up to $20,000 receive APY of 4.75%; and (2) balances over $20,000 earn 0.25% dividend rate on portion of balance over $20,000, resulting in 4.75%-0.26% APY. If qualifications are not met, all balances earn 0.03% APY.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. All accounts are insured up to $250,000 by the NCUA. IRA and other Trust Accounts are insured separately up to $250,000 by the NCUA.
Minimum to open a Kasasa checking is $5.00. HOCU/Honolulu Federal Credit Union membership is also required. To qualify for Kasasa Cash rates, you must: (1) Have at least eighteen (18) debit card purchases (ATM-processed transactions do not count); (2) Be enrolled in and agree to receive e-statements; (3) Have at least one (1) direct deposit, ACH payment, or ACH credit transaction(s). Qualifying transactions must post to and settle to the account during monthly qualification cycle. Qualifying transactions must post to and settle to the account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” is defined as a period beginning on the last business day of the prior calendar month and ending on the next-to-last business day of the calendar month in which dividends are paid. Limit one Kasasa Checking account per Social Security Number. Federally insured by NCUA.
Plus, ATM Refunds nationwide. Domestic ATM fees incurred during the qualification cycle will be reimbursed up to $25.00 ($4.99 per single transaction) and credited to the account on the first day of the next monthly statement cycle. Reimbursement only applies if the ATM withdraw is from Kasasa checking account.
Kasasa, Kasasa Cash, and Kasasa Cash Back are trademarks of BancVue, Ltd., registered in the U.S.A.
Min Balance | When Paid** | Remarks |
$0 | Monthly | 5.00%* cash back for up to the first $500 in debit card purchases & ATM fees nationwide based on meeting cycle qualifications. |
*When monthly qualifications are met, you receive 5.00% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $25.00 per monthly qualification cycle.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. All accounts are insured up to $250,000 by the NCUA. IRA and other Trust Accounts are insured separately up to $250,000 by the NCUA.
Minimum to open a Kasasa checking is $5.00. HOCU/Honolulu Federal Credit Union membership is also required. To qualify for Kasasa Cash Back rates, you must: (1) Have at least eighteen (18) debit card purchases (ATM-processed transactions do not count); (2) Be enrolled in and agree to receive e-statements; (3) Have at least one (1) direct deposit, ACH payment, or ACH credit transaction(s). Qualifying transactions must post to and settle to the account during monthly qualification cycle. Qualifying transactions must post to and settle to the account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” is defined as a period beginning on the last business day of the prior calendar month and ending on the next-to-last business day of the calendar month in which dividends are paid. Limit one Kasasa Checking account per Social Security Number. Federally insured by NCUA.
Plus, ATM Refunds nationwide. Domestic ATM fees incurred during the qualification cycle will be reimbursed up to $25.00 ($4.99 per single transaction) and credited to the account on the first day of the next monthly statement cycle. Reimbursement only applies if the ATM withdraw is from Kasasa checking account.
Kasasa, Kasasa Cash, and Kasasa Cash Back are trademarks of BancVue, Ltd., registered in the U.S.A.
Min Balance | APY* | When Paid** | Rate Update | Remarks |
$5 | 0.08% | Monthly | January 1, 2021 | Balances under $100 do not earn dividends. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | APY* | When Paid** | Rate Update | Remarks |
None | 0.08% | Monthly | July 1, 2023 | No monthly fee or minimum balance required. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | APY* | When Paid** | Rate Update |
None | 0.15% | Monthly | January 1, 2020 |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | APY* | When Paid** | Rate Update |
$5 – $1,999.99 $2,000 – $9,999.99 $10,000+ | 0.20% 0.30% 0.35% | Monthly | January 1, 2020 |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | APY* | When Paid** | Rate Update | Remarks |
$2,000 – $4,999.99 | 0.12% | Monthly | January 1, 2021 | 0.08% APY for below $2,000. For members age 55+, add 0.05% to Shares Plus rates (for balances of $2,000+). |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | Interest Rate Per Annum | APY* | When Paid** | Rate Update | Remarks |
$100 | 0.080% | 0.08% | Monthly | January 1, 2021 | Balances under $100 do not earn dividends. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | Interest Rate Per Annum | APY* | Rate Update | Remarks |
None | None | None | July 1, 2023 | No monthly fee is charged for a minimum balance. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Min Balance | Interest Rate Per Annum | APY* | When Paid** | Rate Update | Remarks |
$50,000 – $499,999.99 $500,000+ | 0.220% 0.370% | 0.22% 0.37% | Monthly | January 1, 2021 | Balance below $50,000 earns 0.17% APY. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Type of Account | Min Balance | APY* | When Paid** | Rate Update | Remarks |
6 mo | $500 | 0.65% | Monthly | October 1, 2022 | Penalty for early withdrawal on all certificates. |
For Certificate Special rates, please click here.
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Type of Account | Min Balance | APY* | When Paid** | Rate Update | Remarks |
6 mo | $10,000 | 0.70% | Monthly | October 1, 2022 | Penalty for early withdrawal on all certificates. |
*APY – Annual Percentage Yield.
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. Family members are welcome to join! All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
Type of Account | Min Balance | APY* | When Paid** | Rate Update | Remarks |
1 yr | $500 | 0.15% | Monthly | June 1, 2022 | Penalty for early withdrawal on all certificates. |
**Dividends/rewards paid monthly. Contact CU for applicable fees and terms. All rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the NCUA. IRA and other Trust Accounts are insured separately to at least 250,000 by the NCUA.
With over 30,000 surcharge-free CO-OP network ATMs across Hawaii and nationwide, HOCU makes accessing your money easier for you. Call us at 777-JOIN to learn more!
Deposit Checks from Anywhere, Anytime
We’re excited to announce the launch of Remote Deposit, our newest tool in the HOCU Mobile Banking App. Skip the trip to the branch and deposit from anywhere, anytime with just a few clicks. All you need is a smartphone and HOCU Mobile Banking App to snap, submit, and deposit your checks!
Available FREE to all qualified members on our FREE HOCU Mobile Banking App
Enjoy the on-the-go of depositing your checks anywhere, anytime with your smartphone
Secure app protects you and your financial information with each deposit
All you need to do is a few clicks with your camera to complete a remote check deposit
1. Endorse your check. Make sure to add ‘For HOCU Mobile Deposit Only’ below your signature with the check number.
2. Log into the HOCU Mobile Banking App
3. Click the Camera Icon located on the bottom right corner
4. On the Deposit Screen, click ‘Deposit Check’
5. Place your check on a solid background that contrasts with the check color
6. Take photos of the front and back of the check. Make sure all edges are inside the frame. Click ‘Continue’.
7. Review check deposit information and details. Choose a ‘Suffix’. Click ‘Deposit Check’.
8. Review Deposit disclaimer and click ‘Deposit’
Click here to download a print version of the Remote Deposit steps.
What is Remote Deposit?
Remote Deposit lets you deposit checks into your HOCU account anywhere, anytime using your mobile device.
Is Remote Deposit safe to use?
Yes. Remote Deposit requires you to log in to the HOCU Mobile Banking App with your username and password.
Who is eligible to use Mobile Deposit?
Any member that meets the following requirements:
Is there a fee for Remote Deposit?
There are NO FEES for using Remote Deposit.
What account types can I make a Remote Deposit into?
Remote deposit can be used to deposit checks into any HOCU savings or checking account.
How must I endorse a check deposit with Remote Deposit?
Can I make multiple deposits in one day?
Yes. You can submit multiple deposits in one day, as long as you do not exceed your daily and/or monthly deposit limits.
When will funds from Remote Deposit be available?
Funds will be available on the 3rd business day after the date of deposit.
Can I cancel my Remote Deposit?
No, a check submitted for Remote Deposit cannot be cancelled. Please call 808-777-5646 for assistance.
What checks are not accepted with Remote Deposit?
The following checks will not be accepted:
Click here to view the full list of ineligible checks and items.
Click here to download a print version.
With over 30,000 surcharge-free CO-OP network ATMs across Hawaii and nationwide, HOCU makes accessing your money easier for you. Call us at 777-JOIN to learn more!
Loan rates are listed “as low as.” Actual rates may differ based on credit score.
As our rates do change daily please call 777-LOAN [5626] for the most up to date rates available.
Call for rates |
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Max Loan | Repayment Term | Draw Period | Variable (APR*) | Fixed Intro (APR*) | Rate Update | Remarks |
$350,000 | 18/30 yr | 8 yr | 8.50% | 6.75% 7.25% | May 8, 2024 | 6.75% Intro APR for 3 years or 7.25% Intro APR for 5 years, then converts to prevailing variable rate after fixed promotion rate expires. Variable rate currently 8.50%. As high as 80% loan to value. |
*APR – Annual Percentage Rate. Rates effective as of 05/08/2024 and subject to change without notice. HOCU membership required.
Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly (8.50% APR min. & 18.00% APR max).
6.75% APR fixed for 36 months, or 7.25% APR fixed for 60 months is an introductory rate which starts when the loan is opened. Program is for fee-simple owner-occupied properties located in Hawaii. You can obtain credit advances for 8 years (draw period). At the time you establish the plan you will have your choice of a 216 or a 360-month payoff period.
You must pay certain fees to third parties to open the plan. These fees generally total between $250.00 and $3,500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.
Max Loan | Repayment Term | Draw Period | Variable (APR*) | Rate Update | Remarks |
$200,0001 $150,0002 | 18/30 yr 18/30 yr | 8 yr 8 yr | 9.50% 10.50% | January 1, 2024 | Between 80.01% – 90% LTV Between 90.01% – 100% LTV |
*APR – Annual Percentage Rate. Rates effective as of 01/01/2024 and subject to change without notice. HOCU membership required.
1Up to 90% LTV: maximum credit limit $200,000, for qualified borrowers with a minimum credit score of 660. Subject to credit approval. Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly (9.50% APR min. & 18.00% APR max).
2Up to 100% LTV: Maximum credit limit $150,000, for qualified borrowers with a minimum credit score of 720. Subject to credit approval. Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly (10.50% APR min. & 18.00% APR max).
Program is for fee-simple owner occupied properties located in Hawaii with combined loan to value ratios above 80% and no more than 100%. You can obtain credit advances for 8 years (draw period). At the time you establish the plan you will have your choice of a 216 or a 360 month payoff period. You must pay certain fees to third parties to open the plan. These fees generally total between $250.00 and $3,500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.
Max Loan | Repayment Term | Draw Period | Variable (APR*) | Rate Update | Remarks |
$350,000 | 18/30 yr – 1st¹ | 8 yr | 9.00% | January 1, 2024 | As high as 70% loan to value. |
*APR – Annual Percentage Rate. Rates effective as of 01/01/2024 and subject to change without notice. HOCU membership required.
¹Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly (9.00% APR min. & 18.00% APR max). Program is for fee-simple rental properties in the 1st position with a maximum loan to value ratio of 70%. You can obtain credit advances for 8 years (draw period). At the time you establish the plan you will have your choice of a 216 or a 360 month payoff period. You must pay certain fees to third parties to open the plan. These fees generally total between $250.00 and $3,500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.
²Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly (9.25% APR min. & 18.00% APR max). Program is for fee-simple rental properties in the 2nd position with a maximum combined loan to value ratio of 70%. You can obtain credit advances for 8 years (draw period). When the draw period ends you will have a 216 month payoff period. You must pay certain fees to third parties to open the plan. These fees generally total between $250.00 and $3,500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
No Maximum | 5 yr 6 yr 7 yr | 5.50% 5.75% 7.00% | September 1, 2024 | New car must be an electric or hybrid vehicle powered by alternative fuels. |
*APR – Annual Percentage Rate. Rates effective as of 09/01/2024 and subject to change without notice. HOCU membership required.
Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Example: monthly payments on a $10,000 loan could be as low as $191.01 for 60 months.
Vehicle must be licensed and registered in the State of Hawaii.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
No Maximum | 3 yr | 5.25% | September 1, 2024 | Up to 120% of invoice or MSRP (whichever is less). |
*APR – Annual Percentage Rate. Rates effective as of 9/1/2024 and subject to change without notice. HOCU membership required.
Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Example: monthly payments on a $10,000 loan could be as low as $300.83 for 36 months; $232.56 for 48 months; $192.17 for 60 months; $165.73 for 72 months; $151.66 for 84 months.
Vehicle must be licensed and registered in the State of Hawaii.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
No Maximum | 3 yr | 5.75% | September 1, 2024 | Up to 120% of Kelly Blue Book – Retail. Maximum age of used vehicle is 9 years old. |
*APR – Annual Percentage Rate. Rates effective as of 9/1/2024 and subject to change without notice. HOCU membership required.
Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Example: monthly payments on a $10,000 loan could be as low as $303.09 for 36 months; $236.00 for 48 months; $194.49 for 60 months; $170.49 for 72 months.
Vehicle must be licensed and registered in the State of Hawaii.
Max Loan | Max Term | Fixed (APR*) | Rate Update |
$20,000 | 1 yr | 6.25% | June 1, 2024 |
*APR – Annual Percentage Rate. Rates effective as of 06/01/2024 and subject to change without notice. HOCU membership required.
Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Example: monthly payments on a $10,000 loan could be as low as $861.81 for 12 months; $453.41 for 24 months; $319.16 for 36 months; $254.83 for 48 months; $218.67 for 60 months.
Max Loan | Max Term | Variable (APR*) | Rate Update | Remarks |
$50,000 | 12 yr | 3.098% | January 1, 2020 | 100% of funds on deposit. |
*APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Regular Share Secured variable rate – 2.50% above Regular Share dividend rate and adjusted monthly (3.098% APR min. – 18.00% APR max.)
Max Loan | Fixed (APR*) | Rate Update | Remarks |
$5,000 | 12.00% | January 1, 2020 | Minimum monthly payment is the greater of $50 or 3% of the balance outstanding. |
*APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Max Loan | Max Term | Fixed (APR*) | Rate Update |
$50,000 | 5 yr Refinance Term** 6 yr | 5.99% Refinance Rate** 6.49% | September 1, 2023 |
*APR – Annual Percentage Rate. Rates effective as of 9/1/2023 and subject to change without notice. HOCU membership required.
Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Owner-occupied properties only. Example: monthly payments on a $10,000 loan could be as low as $193.28 for 60 months; $134.80 for 96 months; $116.06 for 120 months.
**Rates “as low as” based on creditworthiness. Actual rates may differ based on credit score. Owner-occupied properties only. Example: monthly payments on a $10,000 loan could be as low as $168.05 for 72 months; $134.80 for 96 months.
Max Loan | Max Term | Fixed (APR*) | Rate Update |
$25,000 | 3% of balance/month | 13.75% | No annual fee, up to 25 day grace period. |
*APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Balance transfer fee (finance charge): 3.00% of each balance transfer.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
$25,000 | 3% of balance/month | 10.75% | January 1, 2020 | No annual fee, up to 25 day grace period. |
* APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Balance transfer fee (finance charge): 3.00% of each balance transfer.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
$25,000 | 3% of balance/month | 9.75% | January 1, 2020 | No annual fee, up to 25 day grace period. |
*APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Balance transfer fee (finance charge): 3.00% of each balance transfer.
Max Loan | Max Term | Fixed (APR*) | Rate Update | Remarks |
$50,000 | 3% of balance/month | 6.99% | January 1, 2020 | No annual fee, up to 25 day grace period. |
*APR – Annual Percentage Rate. Rates effective as of 1/1/2020 and subject to change without notice. HOCU membership required.
Balance transfer fee (finance charge): 3.00% of each balance transfer.
With over 30,000 surcharge-free CO-OP network ATMs across Hawaii and nationwide, HOCU makes accessing your money easier for you. Call us at 777-JOIN to learn more!
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