Consider Debt Protection with Life Plus before the unexpected happens
If your life takes an unexpected turn, your family’s finances can be strained. But with HOCU Debt Protection with Life Plus, your loan payments or balance may be canceled, up to the contract maximums, in case of involuntary unemployment, disability, or death. It’s just one more way you can look out for the people you love.
Taken an important step toward financial security. Call HOCU at 777-5626 and ask about Debt Protection with Life Plus today.
Peace of Mind
Debt protection can help cancel your monthly loan payments should an unforeseen protected life event occur.
Convenience
Adding debt protection to your loan is easy and can be done at the time of your loan application. The cost of protection is included in your monthly payment.
Protection
Missing payments can hurt your credit rating. Debt Protection could cancel your payments when unexpected life events happen.
Eligibility
No medical exam required.
Debt Protection Products
Life Plus Most Popular
QUICK FACTS
Life Plus adds protection for financially-stressful life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent.
Credit card balances may be protected with Life Plus with Disability and Involuntary Unemployment. Speak to a loan representative today for more information.
- Full refund if cancelled within 30 days
- No medical examination required
Disability
QUICK FACTS
Disability protection can be added to Life Plus to provide up to 12 months or $12,000 (whichever comes first) of payment protection should you experience disability due to injury or illness.
- Must be actively working for 25 hours per week to be eligible to purchase
- Can be added or cancelled at any time during the loan
Involuntary Unemployment
QUICK FACTS
Involuntary unemployment protection can be added to Life Plus & Disability to protect payments for up to 6 months or $6,000 (whichever comes first).
- 3 month waiting period (loan must be active for 3 months before coverage can be claimed)
- Must be actively working for 25 hours per week to be eligible to purchase.
- Self-employment doesn’t qualify
Debt Protection FAQs
LifePlus $0.149 per $100
LifePlus + Disability $0.299 per $100
LifePlus + Disability + Unemployment $0.399 per $100
For a loan of $1,000, the cost of Life Plus debt protection for the first month will be $1.49.
There is no age limitation, but your Life Plus benefit will be reduced to 25% of the protected balance once you reach 70.
Your purchase of HOCU Debt Protection with Life Plus, Disability, and Involuntary Unemployment Protection is optional and will not affect your application for credit or terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member agreement for a full explanation of the terms of HOCU Debt Protection with Life Plus. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.
DP-3415592.1-0121-0423 CUNA Mutual Group ©2021, All Rights Reserved
Other Added Protection
Inquire about our extra services to help protect your loan. Call 777-5626 for more details.
Guaranteed Asset Protection (GAP) Plus Most Popular
QUICK FACTS
GAP Plus can help you avoid sudden out-of-pocket expenses in the event your vehicle is deemed a total loss by your insurance company.
- GAP may reduce or eliminate the difference between what your vehicle insurance will pay and what you owe on your loan.
- If you finance your next vehicle with HOCU, your GAP Plus insurance will pay $2,500 for your next new replacement vehicle*
- The Deductible Assistance can provide financial relief when your vehicle is damaged but not deemed a total loss. Covers deductible of up to $500 per occurrence.
Mechanical Repair Coverage (MRC)
QUICK FACTS
MRC may help pay for covered repairs on new and eligible used vehicles after your manufacturer’s warranty expires.
Get a Quote- Limit repair costs to your deductible, if any.
- Choose your deductible: $0, $100, $250, or $500.
- Rental reimbursement up to $35/day for 5 days (up to an additional 5 days with verified parts delay) from day one.
- Travel reimbursement up to $200 per day for 1-5 days for food, lodging & transportation expense, when a covered breakdown occurs 100 miles or more from home. (Not available to NY residents.)
- Good at any authorized repair facility in the U.S. or Canada.
- 24-hour emergency roadside assistance up to $100 per occurrence. Includes towing, battery jumpstart, fluid delivery, flat tire assistance & lockout service.
- No out of pocket expense except any deductible. Plan pays the repair facility.
- Transferable to increase resale value. Only if sold privately. Subject to transfer fee.
- Cancel for full refund within 60 days. A full refund is available only if coverage is unused in the first 60 days. If used or cancelled after 60 days, refund is prorated less administrative fees. Cancellation administrative fees vary by state.
Debt Protection
Contact Us
Contact us or call 808-777-5546 to learn more about HOCU Debt Protection with Life Plus.
Let HOCU Help You
A better financial future is within reach. Get in touch to get started!
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!
Mahalo to everyone that attended our 85th Annual Meeting on Sunday, March 20 at 11 am.
This was our first in-person meeting in 3 years, and we enjoyed having our members, volunteers, and vendors back together to reconnect with each other. Stay tuned for more details on next year’s Annual Meeting.
85th Annual Meeting
FAQs
1. When is the deadline to purchase tickets?
The deadline to reserve tickets for the Annual Meeting is March 18. Due to COVID-19 restrictions, we highly recommend reserving tickets sooner than later.
2. Is there assigned seating at the event?
No, it’s open seating when you arrive.
3. Are vaccinations required to attend the Annual Meeting?
No, we don’t require proof of vaccination or negative COVID-19 test to attend the meeting. All attendees are required to wear masks unless they’re eating or drinking.
4. Is there parking?
Parking is available at the Japanese Cultural Center of Hawaii for $4. Free street parking is also available in the surrounding area and the nearby HOCU Moiliili branch.
5. What’s the lunch buffet menu?
The buffet menu includes the following items:
- Main Entrees:
- Roasted Garlic & Herb Crusted Prime Rib
- Oriental Steamed Fish
- Teriyaki Chicken
- Butter Whipped Mashed Potatoes
- Steamed White Rice
- Mari’s Garden Mixed Greens Salad
- Pasta Salad
- Seasonal Fresh Fruits
- Grilled Vegetables
- Dessert
- White Chocolate
- Cinnamon Bread Pudding
- Beverage
- Freshly Brewed Coffee
- Hot Water or Tea
- Iced Water
Have Questions? Call 808-777-5646 or email annualmeeting@myhocu.com
Celebrate International Credit Union Week
Monday, October 16 – Friday, October 20
Help HOCU celebrate International Credit Union Week with the following activities
In celebration of International Credit Union (ICU) Day, join us for a jam-packed week with the following virtual and in-branch activities:
Online Trivia Contest
QUICK FACTS
Play to win! Test your HOCU knowledge with our Online Trivia Contest. Questions will be posted daily, and one member will be selected daily to win a $25 gift card.
Eligibility Requirements: This online trivia contest is only open to members of Honolulu Federal Credit Union (HOCU). HOCU staff and volunteers will not be considered for prize winnings.
Selection and Notification of Winner: One winner will selected and notified the day following each trivia question post. They will be selected in a random drawing from a list of members who answered the daily trivia question correctly. Prize winners will be notified via email. HOCU will have no liability for a winner’s failure to receive notices due to winner’s spam, junk email, or other security settings, winner’s incorrect or non- functioning contact information.
- Contest open between Monday, Oct 16 at 8 am HST to Friday, October 20 at 5 pm
- Daily prizes
- Easy to answer the trivia questions from anywhere
Virtual Scavenger Hunt
QUICK FACTS
Embark on a cosmic adventure with Starry Pursuit, our virtual scavenger hunt on myhocu.com! Find the answers to 10 questions hidden only on our website. Let the stars align as you hunt for HOCU knowledge and take the journey towards a brighter future! All members who complete the scavenger hunt will be entered to win a $250 gift card at the end of the week!
Here’s how to participate:
- Find the 10 questions on the Virtual Scavenger Hunt page about HOCU’s products and services
- Look for the answers throughout myhocu.com.
- Complete the virtual scavenger by 11:59 pm on Friday, October 20.
Selection and Notification of Winner: One winner will be selected on Saturday, October 21, 2023 in a random drawing from a list of members who completed. Prize winner will be notified via email. HOCU will have no liability for a winner’s failure to receive notices due to winner’s spam, junk email, or other security settings, winner’s incorrect or non- functioning contact information.
- Answer 10 questions that only be found on HOCU’s website
- Must meet requirements
- Enter to win a $250 Visa Gift Card
ICU Day Giveaways
QUICK FACTS
We want to show some love for our members and their loyalty to HOCU. All members visiting our Moiliili, Airport, and Tripler branches on International Credit Union Day (Thursday, October 19) will receive limited edition HOCU gifts.
*All members visiting the Ewa and Federal branches on Friday, October 20, will also receive these special giveaways.
- Only 1 gift for member
- Available to Moiliili, Airport, and Tripler branch members on Thursday, October 19
- Available to Ewa and Federal branch members on Friday, October 20
WORKING TOGETHER FOR A BRIGHTER FUTURE.
Transfer funds between your HOCU account and other accounts you own at different financial institutions!
You can now do external transfers from or to your HOCU account via online banking.
FAQs
External transfer allows you to transfer funds between accounts you own at other financial institutions.
This service is available now to all HOCU members that have online banking.
The monthly transfer amounts are the following below:
- $2000 for transfers from another institution to HOCU
- $5000 for transfers from HOCU to another institution
This service is available under the “Accounts” tab and is titled EXTERNAL ACCOUNTS. See screenshot below for reference.
Yes, members need to verify micro deposits at other institutions in order to transfer funds.
No, members can’t set up a transfer on the weekend. They will receive an error message on the online banking page.
Yes, there are holds for the following:
- 1 day hold for any transfers below $225
- 5 day hold for any transfers above $226
To receive funds immediately, please visit one of our branch locations to make an in-person deposit.
Yes, there is a $26 NSF fee for returned ACH transfers. Members will be restricted on using this service after the 1st NSF is received.
External Transfer Instructions
- Log into Online Banking from myhocu.com and go to Accounts -> External Accounts -> External Account Management.
- Click on Add External Accounts. Read disclosure and click Accept Disclosure to continue.
- Enter the following External Account information:
- Account Type (Checking or Savings)
- Account Description
- Account Number
- Institution Routing Number
- Once all details in the form fields are completed, review the ACH Verification section and then click Add External Transfer.
- Review the message about the micro deposits and then click OK. Once Deposits have been verified, you may start using external Transfers.
- Log into Online Banking from myhocu.com and go to Accounts -> External Accounts -> External Account Management.
- Click on Start New Transfer and enter External Transfer account information and amount. Click Continue.
- Select Transfer Date (Monday – Friday, except Holidays) and Frequency from the drop-down menus. Adding a message is optional. Then click Submit.
- Review all External Account information and click Confirm.
- Click Close to exit and return back to the home page.
Brighten a Child’s Holiday with Toy Donations!
HOCU is proud to announce we’re partnering this year with HUGS Hawaii, a local organization that provides support to over 400 seriously ill children and their families. We’re collecting new, unwrapped toys and gift cards until Wednesday, December 13 at all HOCU branches.
Please consider all age groups, including pre-teen and teenage children. Look for the toy donation stations at our branches or ask any of our tellers.
Holiday Toy Drive
FAQs
1. When is the deadline to purchase tickets?
The deadline to reserve tickets for the Annual Meeting is March 18. Due to COVID-19 restrictions, we highly recommend reserving tickets sooner than later.
2. Is there assigned seating at the event?
No, it’s open seating when you arrive.
3. Are vaccinations required to attend the Annual Meeting?
No, we don’t require proof of vaccination or negative COVID-19 test to attend the meeting. All attendees are required to wear masks unless they’re eating or drinking.
4. Is there parking?
Parking is available at the Japanese Cultural Center of Hawaii for $4. Free street parking is also available in the surrounding area and the nearby HOCU Moiliili branch.
5. What’s the lunch buffet menu?
The buffet menu includes the following items:
- Main Entrees:
- Roasted Garlic & Herb Crusted Prime Rib
- Oriental Steamed Fish
- Teriyaki Chicken
- Butter Whipped Mashed Potatoes
- Steamed White Rice
- Mari’s Garden Mixed Greens Salad
- Pasta Salad
- Seasonal Fresh Fruits
- Grilled Vegetables
- Dessert
- White Chocolate
- Cinnamon Bread Pudding
- Beverage
- Freshly Brewed Coffee
- Hot Water or Tea
- Iced Water
Have Questions? Call 808-777-5646 or email us.
Honolulu Federal Credit Union
Call (808) 777-5646Routing Number: 321379164
NMLS Number: 477720
- Federally Insured
by the NCUA 
- Equal Housing
Lender