Overview

About Us Overview - Who We Are Mission WHO WE ARE Formerly known as Straub Employees Federal Credit Union, the name was officially changed in November 2000 to Kokua Federal Credit Union. Our new name better reflects the Credit Union's strategic plan to also serve groups of individuals not directly associated with Straub Clinic and Hospital. The Credit Union currently serves nearly 1,200 members who have deposits in excess of $7 million. From inception in 1965 to December 31, 2006 the credit union helped more than 10,869 member/borrowers with over $42 million in loans for homes, cars, vacations, education, bill consolidation, etc. Members meet annually to elect from among themselves their own Board of Directors who serve without any financial compensation. Credit unions are financial cooperatives serving groups of members who share something in common . . . employment, association membership, or residence in a particular geographic area. Today, there are 96 federal and state chartered credit unions in Hawaii. More than 112 million people belong to 37,000 credit unions around the world. PHILOSOPHY & STRUCTURE Credit unions are democratically owned and controlled institutions based on 'people helping people' principles. Credit union boards of directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and directors serve without compensation. Credit unions have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates and lower cost services. Brighter Tomorrows Start Here!   Please check out  for the lastest happenings!

Mission

CREDIT UNION MISSION      The mission of a credit union is to provide and promote the use of a variety of financial services which feature particular benefits and advantages over those generally available from other banking sources, with specific intent of helping members gain some particular measure of personal financial success. LEGISLATIVE UPDATE      When legislation or bankers' lawsuits attack any credit union, it's an attack on all credit unions. Kokua Federal Credit Union proudly protects members' right to join and participate in their not-for-profit financial cooperative. The management and Board of Directors keep up to date on legislation or anti-credit union lawsuits. BENEFITS OF MEMBERSHIP      Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical to the health and stability of ordinary citizens.