2018JULY

This year we recognized 140 years of service, by 7 employees & 1 volunteer,

at our 81st Annual Membership Meeting & Luncheon.

Staff Service Awards

Two outstanding Hawaii Community Federal Credit Union (HCFCU) employees were honored at the credit union’s 81st Annual Membership Luncheon: Assistant Bookkeeper Cecilia “Ceci” Calpito and Executive Assistant Valerie Umeda were named 2017 Employees of the Year. They were selected for this dual honor by our staff for exhibiting such personal and professional qualities as accountability, integrity, teamwork and a consistent commitment to service excellence.

Cecilia Calpito Employee s of theYear

2017

From L-R: Jaedeen Kiili, Lee Ann Ashimine, Nellie Medeiros, Novie Gonzales.

From L-R: Dwight Manago, Chairman of the Board; Cecilia Calpito, Assistant Bookkeeper; Valerie Umeda, Executive Assistant; Tricia Buskirk, President/CEO.

Nellie MedeirosCorporate Development & Marketing ManagerYears

Lee Ann Ashimine Operations Officer

Lilian CorbinAdministrative Loan Officer

Peggy Ciriako Board Member

Jaedeen Kiili Member Service Specialist

Novie Gonzales ACH/EFT Specialist

Menard Galam Member Relationship Specialist

Virginia Kokal Branch Support Coordinator

Valerie Umeda

Mahalo to our staff for all their hard work and commitment to our members.

Years Years Years

A N N U A L

M E M B E R S H I PM E E T I N G & L U N C H E O N

The Hapuna Beach Prince Hotel was the perfect setting for our annual business meeting and luncheon. Over 350 members joined together on Saturday, May 5, 2018 for our business session and a luncheon featuring an all-you-can eat buffet, a variety of entertainment and the ever popular cash prizes, while commemorating staff achievements. We look forward to celebrating our 82nd Annual Membership Meeting & Luncheon next year!

We’d like to take a moment to inform you about Regulation D (Reserve Requirements of Depository Institutions, 12 C.F.R. 204) that limits the number of preauthorized withdrawals and transfers financial institutions can allow on savings accounts.

Under Regulation D a savings account is limited to no more than six (6) preauthorized withdrawals and transfers during any calendar month. Regulation D only affects savings accounts. Checking accounts offer unlimited transactions.

The chart below shows which transactions are limited by Regulation D and which ones are not limited.

SAVINGS TRANSFER LIMITS

UNDER REGULATION D

All savings accounts are affected by Reg. D. This includes our: Regular Share Account (RSA), Youth Share Account (YSA), Student Credit Union (SCU), Money Manager Account (MMA), Premium Saver Account (PSA), Club Savings Account (CSA) & Sub-Savings Account (SSA). The 6 transfer limit starts new at the beginning of each month.

Once the 6 transfer limit is reached, you may continue to conduct transfers by using the following methods: in person, by mail or by ATM.

If you have any questions please contact our Call Center Representatives at (808) 930-7700, toll free (800) 514-2328 or info@hicommfcu.com. You can also visit any of our convenient branch locations for assistance.

REGULATED SAVINGS Transfers and Preauthorized Withdrawals (Limited to 6 per month in any combination)

NON-REGULATED SAVINGS Transfers and Preauthorized Withdrawals (Unlimited)

Overdraft protection transfers In person or by messenger

Preauthorized or automatic transfers, withdrawals or payments By Mail

Online (eBranch) transfers / Mobile App transfers (except for HCFCU Loan Payments) By ATM

Call 24 automated phone system transfers (except for HCFCU Loan Payments) Via phone contact with HCFCU representative (check withdrawals only)

Phone transfers with HCFCU representative (except for HCFCU Loan Payments) Transfers to pay HCFCU loan

A N N U A L

M E M B E R S H I PM E E T I N G & L U N C H E O N

2018 Hawaii Community Federal Credit Union (HCFCU) announced the recent appointments of three

members to the nine-member board of directors by the Nominations and Election Committee at

their 81st Annual Membership Meeting & Luncheon held on May 5, 2018 at the Hapuna Beach Resort.

Thomas Griffiths, former President & CEO of the Iowa Credit Union League, Carol S. Ikeda, retiree

of UH College of Tropical Agriculture & Human Resources and Chrystal Thomas Yamasaki, owner

of Wes Thomas Associates were nominated and elected for another full term. David De Luz Jr.,

vice president of Big Island Toyota, Inc. was nominated and appointed to a fill remaining 2 year term

left vacant after former Board of Director, Marilyn Koschella retired to return to her home state of

Nevada. David S. De Luz Jr. previously served as HCFCU’s Supervisory Committee Member.

The Board Officers are Dwight Manago as chairman, Daryl Kurozawa as vice chairman,

Lloyd Tanaka as treasurer and Chrystal Yamasaki as secretary.

Also serving on the Board from 2018 – 2018 are Peggy M. Ciriako and Russell Komo.

Board members serve three-year terms on a voluntary basis. They are responsible for

providing direction to management to meet members’ financial needs, as well as maintain

the sound fiscal condition of the Credit Union.

Board of Directors Announcement

Thomas Griffiths

Carol S. Ikeda

David De Luz

We are pleased to announce Rose Kagawa as Branch Manager for its Kaloko Branch. She will be responsible for branch administration and operations, loans, personnel functions, and community and public relations.

“I’m so excited to continue my career at Hawaii Community Federal Credit Union,” Rose said. “This new role allows me to help the community in a broader way and to make a positive difference in so many lives.”

She was hired in 2014 and, until recently, was a Loan Officer. She graduated from Konawaena High School and received a Bachelor of Business Administration degree from University of Hawaii at Hilo. She was previously an Escrow Officer at Title Guaranty Escrow Services in Kailua Kona. Kagawa is a member of the Ilocano Ancestry Club and a Delta Sigma Pi-Lambda Psi Chapter Alumni (a professional business fraternity at the University Hawaii at Hilo).

ROSE KAGAWACONGRATULATIONS TO

TAGGART NAKAMOTOKonawaena High School

John Y. Iwane Scholarship

PRIOR TO APPLYING FOR A CREDIT UNION STUDENT CHOICE LOAN, BE SURE TO...

• Fill out a Free Application for Federal Student Aid (FAFSA)

• Apply for scholarships - you never know how many you may be eligible for

• Take the maximum amount of Federal Stafford Loans

• Know which college you are going to attend

We offer an alternative student loan program, Credit Union Student Choice, that helps students fill the funding gaps that federal aid can leave behind. As the

cost of both public and private colleges and universities continues to increase, federal funding has not kept up. This growing gap between what college

costs and the financial aid available is causing many families to resort to higher cost loans to pay for higher education.

For more details, visit our educational loan webpage at HICOMMFCU.COM/STUDENTCHOICE

*Yasunori Deguchi Scholarship available to post high school graduates currently attending, or planning to attend college.

Congratulations & best wishes to our college-bound recipients!

• SIGNIFICANTLY LOWER RATES • NO ORIGINATION FEES • FLEXIBLE REPAYMENT TERMS • AN EASY ONLINE AND PHONE APPLICATION!

uy Student loans designed with in mind!

2018 marks the 32nd

year of our scholarship

program! A total of

$21,000 was awarded to

9 recipients who were

chosen out of a field of

152 applications from

13 high schools on the

Island of Hawaii.

Scholarship Recipients

NICHOLAS GODOY Kamehameha Schools Hawaii

Albert Akana Scholarship

CHEYENNE FUERTES Kohala High School

Michael Asam Scholarship

TEAH VAN BERGEN Hawaii Preparatory Academy

Frank Ishii Scholarship

RACHEL IGNACIOWaiakea High School

Peter T. Hirata Scholarship

ROWLIE JOHN FLORESKau High School

Mitsugi Inaba Scholarship

SHARISSA BIRD Honokaa High School

Katsumasa Tomita Scholarship

LYDIA ROBBINSBarnard College

Yasunori Deguchi Scholarship*

SHAYLEE THOMPSON Kealakehe High School

Student Credit Union Scholarship

This past April we celebrated National Credit Union Youth Month ™. Our keiki members were encouraged to save as much as they can and discover the science of saving! Throughout the month we celebrated with fun activities at our branches. This year our savers deposited over $911,400 and conducted nearly 4,187 transactions! What a great start for our keiki to discover the power of saving early at Hawaii Community Federal Credit Union.

Congratulations to our Youth Month Winners!

Hope for Puna Kohala King Kamehameha Day Parade

Liam PagatRadio Flyer’s 3-in-1 All Terrain Wagon®

Age Group 0-3 Years Old

Mehana KaimiolaLeapFrog Epic™ Academy Edition

Age Group 4-6 Years Old

Matthew VillafuerteAce Chromebook 15

Age Group 7-12 Years Old

Kanawailaukoaokalamaku Fruean

Bose Soundlink Color Bluetooth® Speaker IIAge Group 13-18 Years Old

Our members and staff were quick to respond to those in need due to the lava flows in Puna. We partnered with HOPE Services Hawaii to be able to provide aid. Our staff donated 70 cases of water and we collected over $4,200 in monetary donations to support those in need. Our branches also acted as collection sites where hundreds of articles of clothing, dozens of back packs, and many other needed items were donated. Mahalo to our members and communities for helping us support Hawaii Island.

Honokaa Western WeekDid you get a chance to visit our Honokaa Branch and see Moani, Menard and Roberta celebrating during Western Week?

Our Kohala Branch is proud to participate in the King Kamehameha Day Parade with a float every year. This year, other branches and departments were able to help make the ti leaf leis that our branch presented at the parade.

In Our Community

Free Community Seminars The more you know, the more financially sound you are.

Congratulations to our Youth Month Winners!

VOICE

73-5611 Olowalu St., Kailua-Kona, HI 96740

EMAILinfo@hicommfcu.com

WEBSITEwww.hicommfcu.com

CONTACT US808-930-7700 800-514-2328 808-329-8192 TTY

CALL24808-329-9440800-303-9440

LOST/STOLEN VISA808-930-7700 800-514-2328800-543-5073 (After hours)

The Owners Count newsletter is published for members of Hawaii Community Federal Credit Union. The articles and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for a specific product or service. We suggest that you consult your attorney, accountant or financial or tax advisor with regard to your individual situation. Entire publication© Hawaii Community Federal Credit Union, 2018. All rights reserved.

Federally insured by NCUA

Presorted STDU.S. Postage

PAIDWC

Holiday Schedule All branches will be closed

on the following dates: Friday August 17* | Annual Staff Training Day

Monday, September 3 | Labor Day

Monday, October 8 | Columbus Day

*Branches will be open until 6:00 p.m. on Thursday prior to any holiday closings that occur on a Friday.

Kailua Branch OnlyIronman Triathlon | Labor Day

Our free community seminars are available for all to attend. Seminars are held at the John Y. Iwane Credit Union Center, Kaloko Facility Training Room, 73-5611 Olowalu Street, Kailua Kona, HI, unless otherwise stated.

Saturday, August 4

Security Systems &

Alarms 9:30 AM – 11:30 AM

For reservations visit us online at www.hicommfcu.com/communityseminarsSeating is limited – reserve your seat today!

Wednesday, September 5

Estate Planning 101

6:00 PM – 8:00 PM

Tuesday, September 11

Estate Planning 101

6:00 PM – 8:00 PM‘Imiloa Astronomy Center of Hawaii

600 Imiloa Pl., Hilo, HI 96720

Saturday, October 6

Medicare 101

9:30 AM – 11:30 AM‘Imiloa Astronomy Center of Hawaii

600 Imiloa Pl., Hilo, HI 96720

Saturday. December 1

Medicare 101

9:30 AM – 11:30 AM

Free Community Seminars The more you know, the more financially sound you are.

Hearing from our members has always helped us to improve. Starting in the next few weeks, we’re going to want to hear from you more often. We’ve partnered with Market Trends Pacific, a local Hawaii company, to help make this happen. You may be receiving surveys, via email or phone call, in regards to recent branch, online or call center transactions. Hearing from our members more often will help us continue to serve our members the best way possible.

of Our Members