HONOLULU — Hawaii State Federal Credit Union (Hawaii State FCU) has activated its Emergency Member Relief Program to provide immediate financial support to members impacted by Hurricane Lala.
“Hurricane Lala has created significant challenges for families across our state, and we want our members to know that we are here to support them during this difficult time,” said Andrew Rosen, president and CEO of Hawaii State FCU. “Financial concerns can add to the stress of recovering from a disaster. Through our Emergency Member Relief Program, we can provide members with greater flexibility and access to funds as they begin to recover and rebuild.”
Through Hawaii State FCU’s Emergency Member Relief Program, qualifying members have access to a range of support options, including:
Emergency Assistance Loans — Access up to $5,000 with no payments required for the first three months and no prepayment penalty for qualifying members.
Deferral on Loan Payments — Payment deferrals on eligible Hawaii State FCU consumer loans for one to three months. Interest will continue to accrue during the deferral period, and the loan term will be extended, resulting in a final balloon payment. Deferral options for mortgages, home equity lines of credit and revolving credit may vary. Members are encouraged to contact Hawaii State FCU for details.
Penalty-Free Term Share Withdrawals — Withdrawals from existing term share accounts without an early withdrawal penalty.
Members interested in learning more about Hawaii State FCU’s Emergency Member Relief Program are encouraged to visit any of the credit union’s 14 branch locations, contact the Member Service Call Center at (808) 587-2700, or go to https://hawaiistatefcu.com/emergency-member-relief-program/.