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Grow your balance, boost your rate.
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A new savings account that builds consistent saving habits to help you reach your financial goals.

Contribute to your Always Saving account to receive a better rate.

Balance Up To $5,000

Base APY¹

0.05%

Qualified APY²

5.00%

Balance Above $5,000

Base APY¹

0.05%

Qualified APY²

3.00%

To earn the higher rate, your balance must be higher than it was during the previous month when we review accounts for qualifications  (excluding dividends for the current month)2. If it doesn’t increase, the base rate of 0.05% APY applies to the entire balance.

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1. Annual percentage yields (APYs) are subject to change at any time without notice. The minimum balance to open the account is $100. A $5 monthly service charge applies if the account’s average daily balance falls below $500 for the month. You will have 60 days from account opening to obtain the minimum average daily balance before the monthly service fee is assessed. This 60-day waiver applies only to new Always Saving accounts, not converted accounts. Fees may reduce earnings.
2. To earn the higher rate, your balance must be higher than it was during the previous month when we review accounts for qualifications (excluding dividends for the current month). If it doesn’t increase, the base rate of 0.05% APY applies to the entire balance. For more information, please refer to the Hawaii State FCU Always Saving Truth-in-Savings Disclosure or contact the Credit Union.
Truth-In-Savings Disclosure
Available to Hawaii residents only. Credit Union membership is required. Federally insured by NCUA
Rates effective 05/01/2026

3 Steps to Always Saving

With the Always Saving Account, earning the qualified rate is simple – just grow your balance month over month. If your balance at the time we review accounts for qualifications is higher than it was the month before, you earn the qualified rate.

always saving step 1

Begins at the roots

Understand What You Can Save

Building a budget helps you see how much you can comfortably set aside each month. Even a small amount has impact over time, the key is consistency.

always saving step 2

Water Regularly

Build Your Savings Habit

Saving each month creates momentum, discipline is the quiet habit that builds your future. And with automation, like sunshine and rain, your savings keeps growing without stress.

  • Direct deposits
  • ACH deposits
  • Mobile banking scheduled transfers
  • Pre‑authorized transfers
always saving step 3

Tend the Tree

Adjust as Life Changes

Your financial life will evolve as raises, new expenses, and shifting priorities happen. Check in every 3 months to make sure your contribution amount still fits your budget.

Always Saving Calculator

Always Saving Summary

Estimate earnings in one year

$0.00

Estimate blended APY

0.00%

Total balance over the year

$0.00

Earnings Breakdown

Intended for illustrative purposes only.

FAQs

How many Always Saving accounts can I open?

Each member may open one Always Saving account per SSN.

Are account conversions allowed?

Yes. You can convert other savings products to an Always Saving at any HSFCU branch. After converting, be sure to meet the minimum balance requirement within your first month and maintain it going forward to avoid the monthly service fee. For more assistance, visit or contact your local branch.

What do I need to do to earn the qualified rate?

To earn the higher rate, your balance must be higher than it was during the previous month when we review accounts for qualifications (excluding dividends). If it doesn’t increase, the base rate applies to the entire balance.

  1. If you withdraw $200, you’ll need to deposit more than $200 to qualify.

  2. Example: Deposit $250 and withdraw $200 → net growth of $50, which qualifies you for the higher rate.

It’s all about ending the month with more than you started with.

When is the qualifying period?

Hawaii State FCU performs its review on the credit union’s last processing day of each month (excluding Sundays and federal holidays). The review typically occurs at approximately 8:00 pm HST, though it may occasionally take place later. To qualify for the higher, qualified rate, your balance must remain above your previous month’s ending balance from the time of the review through midnight HST on the last processing day of the month.  For more information, please refer to the Always Saving Truth-in-Savings disclosure.

Month Last Processing Day of Month
April April 30th, 2026
May May 30th, 2026
June June 30th, 2026
July July 31st, 2026
August August 31st, 2026
September September 30th, 2026
October October 31st, 2026
November November 30th, 2026
December December 31st, 2026

Where would I see the dividend rate and annual percentage yield (APY) I’m earning? 

You’ll always see the base dividend rate for your account in digital and mobile banking. If you qualify for a higher rate by growing your balance month over month, it will be reflected in the Annual Percentage Yield Earned (APYE) on your monthly statement. The APYE shows the actual yield you earned for that statement period.

If I save more than $5,000, does my whole balance drop to 3%?

No. The Always Saving account uses a blended rate to help you earn more.

  1. The first $5,000 earns 5%.

  2. Any amount above $5,000 earns 3%.

Your total earnings are based on a blend of both tiers — not a drop to one flat rate.

Examples of how to grow your money with Always Saving

young man at a branch

for young adults

Kai is a 22-year old member who’s ready to start saving for the future. He isn’t familiar with the concept of interest, but a relationship officer at Hawaii State FCU shows him how he can earn a great interest rate and grow his money faster just by making monthly deposits into an Always Saving account. He opens an Always Saving account and sets up direct deposit from his employer, with a goal to save $200 each month.

A year later, Kai grew his account by over $2,500! He put in most of the work through contributions but due to a high interest rate he earned over $200 in interest.

local family at the park

for adults & families

The Chong family wants to keep an emergency fund in a local credit union where it’s easily accessible. They recently moved into an older home and want to build their savings for future repairs or upgrades.
 
After learning about the Always Savings account, they move their joint savings of $50,000 to Hawaii State FCU and make it a point to contribute $100 to their account each month.  By making consistent deposits, they earn the highest rate on the first $5,000, plus the next best rate on the balance. The blended interest rate is still very competitive and the Chongs are happy to see their money grow faster than ever before. 
kupuna at a branch

for kupuna

Ann is retired and on a fixed income, getting a monthly pension. She wants to grow her savings so she can enjoy eating out with friends and treat her granddaughter.

Ann brought over her savings of $12,000. While her balance didn’t grow every month, she was able to contribute small amounts. She also helped her granddaughter open an account to deposit her monthly allowance.

Ready to open your savings account?

Apply online

Open an account

Visit a branch

Schedule appointment
Contact Member Services

(808) 587-2700
1 (888) 586-1056
memberservices@hsfcu.com

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