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We are here for you!

Tax season has drawn to a close and we hope you were able to file your income tax return at the lowest possible cost to you. Did you know that Hawaii Federal Credit Union is an IRS participating Volunteer Income Tax Assistance site providing free tax preparation services to the community? If you were not able to take advantage of this service for tax year 2021, you might want to check back with the credit union in filing your income tax for year 2022.

Every day is a new day and a new opportunity to straighten out your finances or your financial situation. Did you know that it is never too late to start a savings account, nor it is too late to learn to control your expenses? Hawaii Federal Credit Union can help you. We have Certified Financial Counselors on staff that can work with you in improving your financial wellbeing. Call us today for your appointment to talk with one of our Certified Financial Counselors at (808) 847-1371. We are here for you!

VITA Program Provides Free Tax Help

Complex tax laws and complicated forms present a challenge for many people each year when income tax filings are due. The Internal Revenue Service understands that some people may not be able to pay a tax preparer, especially in these challenging times. That’s where the IRS’s Volunteer Income Tax Assistance (VITA) program can help.

Established more than 50 years ago, the program offers free basic tax preparation help to:

  • People who generally make $57,000 or less;
  • Persons with disabilities; and
  • Limited English-speaking taxpayers.

All VITA volunteers who prepare returns are trained in tax laws, privacy and confidentiality. They must also meet or exceed IRS standards to be certified in tax preparation. In addition, the IRS requires that every return prepared by a VITA volunteer undergo a quality review check prior to filing.

Hawaii FCU will continue to offer the services of its VITA volunteers to those in the community who qualify, even as the IRS reports that many VITA sites will be closed or not operating at full capacity this year.

“We have always been committed to serving our community,” said Steve Goo, Hawaii FCU President and CEO. “As we do our part to rebuild the state’s economy, we must also ensure assistance is provided to those in our community who are often overlooked and underserved.”

Appointments are being scheduled for February 1, 2021 through March 31, 2021. To schedule an appointment and obtain a list of documents to bring with you, please call Hawaii FCU at (808) 441-4285.

Cash In Your Coins!

Have you noticed signs at cash registers around town requesting that customers make purchases with exact change? No, we are not having a nationwide “coin shortage,” but the pandemic has indirectly left financial institutions and businesses a little “short changed.”

With more people staying at home and shifting to online purchases, there has been a dramatic decrease in coin circulation. As a result, coin allocations delivered to financial institutions have been limited, affecting the amount they can distribute to their business members or customers.

We could use your help. If you have a lot of coins in your loose change jar at home, cash them in at Hawaii FCU so we can help our members and local businesses. Check your car cup holders, dig between your sofa cushions, and empty your piggy banks, too.

Hawaii FCU is happy to provide coin wrappers to make it easier for you to bring in your coins. We will also accept unwrapped coins, but ask that you please count and separate your coins by denomination. Mahalo for helping us to keep coins in circulation!

Light Up the Season With Holiday Cash

With all the changes and challenges we have been through this year, it’s important for family and friends to celebrate the holidays and end the year on a note of goodness and light. Even if your personal finances are more limited this year, you can still make the season a little brighter.

Look into a Holiday Personal Loan to help you with gift giving, consolidate high-interest credit card debt, or pay for upcoming expenses such as home repairs or tuition. Use your funds however you wish. At Hawaii Federal Credit Union, we enable you to pay less interest on loans, which keeps your monthly payments low and saves you money over the length of your loan.

Everyone could use some financial assistance right now, and a Holiday Personal Loan can be the perfect holiday helper. We can work with you to find a term that fits your financial situation and monthly budget.

Get the cash you need to celebrate the end of the year and begin 2021 with renewed hope. Hawaii FCU loan applications can be submitted at the credit union but are more easily completed online at www.hawaiifcu.org. Our Loan Department can answer any questions at (808) 847-1371, option 4.

How To Get the Assistance You Need

We’re all facing the same challenges. All of us. So if you could use a helping hand, don’t keep it a secret. Reach out to get the help you need.

Talk to creditors. If shutdowns have made it difficult to meet your financial obligations, the worst thing you can do is to stop paying your bills without communicating with creditors. Call each one, let them know you’re having financial difficulties and work out a repayment plan together. They’ll understand.

Check with utility companies. You may have fallen behind in your payments, but having your service turned off will only create additional service reconnection fees for you to pay. And the electric, gas and water companies would really prefer not to cut your service anyway. So give them a call and ask for assistance in scheduling affordable payments.

Feed your family. Even nonprofit organizations like the Hawaii Foodbank are experiencing difficulties with limited resources and increasing demand. Fortunately local farmers, businesses, labor organizations and community groups are stepping forward to assist with food drives that are feeding thousands of hungry families around Oahu. Tune in to the news and social media for information on the next event.

Call 2-1-1 for Aloha United Way. Or go online to the AUW website at auw.org. See if you qualify for any of the available programs: 1) State of Hawaii Rent Relief and Housing Assistance Program; 2) City & County of Honolulu – Household Hardship Relief Fund; 3) Department of Hawaiian Home Lands – COVID-19 Emergency Rental Assistant; and 4) Aloha United Way COVID-19 Rent & Utility Assistance.  AUW can also refer you to a wide range of other community services.

Contact your community leaders. Your congressional senator and representative and your city councilperson can also provide useful information.  Call their offices to inquire about the latest pandemic assistance programs.