Protect Yourself from Tax Refund Fraud
For many people, knowing a tax refund is on the way can be a big relief. However, if you were a victim of identity theft, the wait to receive your refund could drag on for almost a year. It’s important to understand how tax-related identity theft works, how to reduce chances of becoming a victim, […]
The Many Benefits of Going Solar
Traditional sources of power are becoming less popular and more expensive, while photovoltaic (PV) electricity is an increasingly valuable resource that will never run out! Despite a few cynics out there, PV panels have become an affordable and smart investment for many Hawaii homeowners. Here are some of the most valuable benefits of installing PV […]
Buying vs. Renting a Home
Deciding whether to rent or buy can be a tough choice, and there’s no one-size-fits-all answer. It ultimately comes down to what makes sense for your lifestyle and goals. Take this short quiz to help you weigh the options and determine which path is right for you. Would you rather: A) Save for a down […]
Top 5 Reasons to Join a Credit Union
Credit unions were originally formed to serve the financial needs of communities unserved and underserved by traditional banks. Although the present-day financial landscape is vastly different from those early days, there are still a lot of benefits of credit union membership. Here are five reasons why joining a credit union like Hawaii State FCU may […]
Dos and Don’ts of Home Financing
Things you should do We all know that getting a mortgage is a major decision, with lots of steps involved. Since getting a mortgage requires that you show your creditworthiness and financial stability, here are a few steps you can take to position yourself as a good candidate for a mortgage: What NOT to do […]
Imposter Scams: Know the Signs and Protect Yourself
Many companies, including Hawaii State FCU, are seeing an uptick in imposter scams. An imposter scam uses “spoofing,” posing as a legitimate individual or business, to convince a target that they are communicating with a trusted source. Upon gaining the victim’s trust, they attempt to obtain sensitive information. Spoofing legitimate businesses can occur via email, […]
Deposit, Transfer and Pay Your Way with Our Mobile App
Managing your money can take a lot of time. Tracking deposits, monitoring expenses, remembering when to make payments – it can be enough to overwhelm even the savviest budgeter! Fortunately, the Hawaii State FCU Mobile App1 gives you the power and flexibility to move your money anytime and from virtually anywhere right from your smartphone. […]
The Ins and Outs of Adjustable Rate Mortgages
In today’s high interest rate environment, mortgage payments for new home purchases and refinances are substantially higher than even a few years ago. One way that potential homeowners may be able to combat these higher rates is by considering an Adjustable Rate Mortgage (ARM). With an ARM, your initial interest rate and payments are typically […]
Keep Your Money Safe in a Federally Insured Credit Union
When uncertainty arises, it’s natural to worry about the security of your money. Some people may consider the drastic step of withdrawing their funds from banks and credit unions, with the belief that their money is safer stashed away at home. But you may want to think twice before emptying your accounts. Your money is […]
Fraud Takes Many Forms – Avoid Becoming a Victim
The Federal Trade Commission (FTC) reported that Americans lost nearly $10 billion to fraud in 2023, with a median loss of $500. In Hawaii alone, residents reported $43.8 million in fraud losses in 2023.* Scammers have become increasingly savvy — a concerning trend for both consumers and businesses. Fraud can occur in many different ways […]