SmartScore Credit Builder

• APR determined by applicant's score
• No prepayment penalty

• No annual fees

The maximum permitted to be deposited into a Certificate is $1,000,000.00 in aggregate per Taxpayer Identification Number.

• No setup charges or annual maintenance fees
• Dividends credited monthly
• Additional deposits not permitted
• Early withdrawal penalties apply
• Please consult your tax advisor

• No monthly fee
• Unlimited check writing
• Regular Checking - no minimum to open
• No fees for Debit Card usage
• *Earns dividends by maintaining an average daily balance of $2500.00 or more
• *Dividends compounded and credited monthly
• *Minimum to open Plus Checking is $2500.00
• *Minimum  to earn dividends is $2500.00

• 1 year construction period
• Construction Permanent Financing
• Construction Loan converts to a 30 year term 1st Mortgage
• LTV for Contractor and Owner Builder is 80%. LTV for Investor is 70%
• * 12 month construction period followed by 180 month term with 360 month amortization. Balloon payment due at end of 180 months

• Call for current rates, terms and programs

• The Introductory Rate is fixed for the specific term and adjusted annually thereafter
• After the initial term, the APR will be based upon the 6-month US Treasury Bill constant maturity rate plus a margin of 3%
• 3% margin based on CLTV (Combined Loan to Value) of 80% or less (rounded up to the nearest 0.125%)
• Price floor is 5.000%, max rate not to exceed 18%
• CU Hawaii Federal Credit Union will pay for all necessary closing costs on approved lines up to $2500.00; however, if the line is closed within 3 years, the member is responsible for reimbursing the credit union for all fees. Estimated closing costs will approximately be between $0-$3,000
• No prepayment penalty
• Certain restrictions apply

• No setup charges or annual maintenance fees
• Dividends compounded and credited quarterly
• Please consult your tax advisor

Kasasa accounts must meet the following account qualifications to earn the qualifying dividend rate and APY:

• A minimum of 10 debit card purchases post to your Kasasa Cash or Kasasa Cash Back account;
• You receive monthly e-Statements for the account; and       
• You have a direct deposit, ACH credit, or ACH payment on your account at least once during the cycle.
• If qualifications are not met the account will earn 0.010% APY
• Dividends are compounded and credited monthly

Kasasa accounts must meet the following account qualifications to earn the qualifying dividend rate and APY:

• A minimum of 10 debit card purchases post to your Kasasa Cash or Kasasa Cash Back account;
• You receive monthly e-Statements for the account; and       
• You have a direct deposit, ACH credit, or ACH payment on your account at least once during the cycle.
• If qualifications are not met the account will earn 0.050% APY
• Dividends are compounded and credited monthly

• Rates are fixed
• No Annual fees. For additional details on credit card fees, please CLICK HERE.

• Money Market is a tiered rate account
• $2,500.00 minimum opening balance
• $2,500.00 minimum balance to earn interest
• Excess withdrawal/transfer fees apply
• Dividends compounded and credited quarterly

• APR determined by applicant's score
• No prepayment penalty

• No prepayment penalty
• Certain restrictions apply

*Annual Percentage Rate (APR) and monthly principal and interest payments are based on a borrowed amount of $100.000. Payments do not include the required down payment, applicable maintenance fees, real estate taxes, insurance premiums, if appicable, and your actual payment obligation may be greater. Rates and Terms may change at any time without prior notice and are provided for informational purposes. Subject to credit approval. Certain restrictions apply.

**Adjustable Rate Mortgage (ARM) is a thirty year term with an intial fixed rate for the first five years, then adjusts annually thereafter. Your interest rate can increase or decrease every 12 months according to the current index. Monthly payments may change when the rate is adjusted. Adjustments are based on the Secured Overnight Financing Rate (SOFR) 30 day average plus 2.750% rounded up to the nearest 0.125%. Interest rate adjustments are subject to a floor rate of 4.750% and a maximum rate of 9.750%. Maximum annual adjustment is 2%. 

• No early withdrawal penalty
• Earn dividends by maintaining an average daily balance of $100 or more
• Dividends compounded and credited quarterly
• $50.00 to open
• $100.00  to earn dividends

• Savings Secured: Floating APR
• Certificate Secured: Fixed APR
• No prepayment penalty

• No prepayment penalty
• Certain restrictions apply

Our SmartScore loan is an exciting way to help you build or rebuild your credit!* Whether you’re starting fresh with no credit history or looking to improve a less-than-stellar credit score, this loan is designed for you. Plus, you’ll have the added benefit of saving some funds along the way!

*Your credit score will depend on your timely payments and financial habits. Results cannot be guaranteed. Please note that this product will not eliminate any negative credit history from your credit report.

Your Membership Savings account is used to pledge the collateral for your SmartScore loan. After successful repayment of the loan, the balance pledged in your Membership Savings account will be made available. If you fall 30 days delinquent, your SmartScore Loan will be settled and closed, using the funds previously pledged in your Membership Savings account.

• Balloon: Interest Only Payments
• Price floor is 8.125% APR, max rate not to exceed 18% APR
• LTV for Future Primary Residence is 80%. LTV for Investor is 75%
• No points for Future Primary Residence. 0.50 point for Investor
• No prepayment penalty