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From Credit Unions, For Credit Unions

World Council created this page as a resource for the latest coronavirus (COVID-19) news, information and recommendations specifically relevant to credit unions across the globe. All of the content is provided by World Council, its members, or their affiliated credit unions and financial cooperatives. To share information from your organization on this page, please email us at communications@woccu.org.

Hawaiian Credit Union Receives Grant Money to Deploy Emergency Funding

This post is provided by the Hawaii Credit Union League, representing credit unions and their members in the U.S. State of Hawaii

Hawai'i First Federal Credit Union has partnered with Hawai’i Community Foundation to provide up to $1,000 in emergency funds to Hawai’i island households impacted by COVID-19.

The Hawai’i Resilience Fund was created by the Hawai’i Community Foundation in collaboration with local donors. Hawai’i First Federal Credit Union and its non-profit arm, Hawai’i First Community Ventures, were one of the community partners chosen in this round of COVID-19 relief grants. The grant allows Hawai’i island residents to apply for up to $1,000 per household to cover specific household expenses.

As Financial First Responders, Hawai’i First made operational adjustments early to ensure they could keep operating safely, especially during this time of financial uncertainty.

In April of this year, Hawai’i First also stepped up to assist and deploy $1,000 maximum emergency funds to Waimea (Kamuela) households in partnership with Hawai’i Community Foundation and the Richard Smart Fund. In one month, Hawai’i First processed applications and issued hundreds of checks. These funds helped assist Waimea residents with rent, mortgage, and utility payments.

“We are grateful for the strong community partnerships we’ve built over the years. When Hawai’i Community Foundation comes to us with opportunities to provide help, hope and happiness, we never hesitate. We are thrilled to expand our efforts to the entire island of Hawai’i and assist more families in need during this difficult time.” Laura Aguirre, President/CEO of Hawai’i First.

For additional information on the programs and services offered at Hawai’i Federal Credit Union, visit www.hawaiifirstfcu.com.