History
In October 22, 1936, Mutelco Oahu Employees Federal Credit Union was formed by 65 employees of Mutual Telephone Company. In 1954, the credit union officially changed its name to Hawaiian Tel Employees Federal Credit Union (HTEFCU). Although operating with only volunteers and unpaid staff, the credit union was successful in reaching $1 million USD in assets in the next year and $2 million USD in assets by 1961. In addition, HTEFCU extended their operations to the neighbor islands of Hawaii. In 1971, the credit union officially became a completely independent entity from the phone company while continuing to serve the company’s employees and their families as well as other members. The company renamed itself again in August 2018 as "Hawaiian Financial Federal Credit Union." ==Membership==
Membership
Hawaiian Financial Federal Credit Union's primary field of membership shall be limited to those having the following common bond: • Persons who live, work in, worship, or go to school in and businesses and other legal entities located on the Island of Oahu, Hawaii and Maui County; • Members of record of Hawaiian Financial Federal Credit Union as of the effective date of the approval of its community charter on June 14, 1999, to include the Island of Oahu, Hawaii; • Others living in the same household under the same roof; • Members of their immediate families, including foster & adopted children; • Organizations of such persons. ==References==