2013 Hawaii Business Top 250: Aloha Pacific Federal Credit Union
Represent! Aloha Pacific Federal Credit Union employees last year took part in team-building activities that culminated.
Economic tides may rise and fall, but Aloha Pacific FCU has steadily fulfilled its members’ needs for more than 75 years.
The not-for-profit financial institution was chartered in 1936 as the Honolulu City & County Employees Federal Credit Union, while America was still struggling with the Great Depression. Today, the renamed Aloha Pacific FCU is Hawaii’s third-largest credit union, having made significant gains even during the current Great Recession.
“We are thrilled to be among Hawaii’s Top 250 companies once again,” said Vince Otsuka, APFCU’s interim president and CEO, who succeeded the recently retired Wallace Y. Watanabe. “It’s all because of our loyal members, who trust us with their financial well-being, and we do our best to help them achieve their goals.”
“Building Lasting Relationships” is APFCU’s mission and way of doing business. Generations of Island families have looked to APFCU for savings and checking accounts, a first car loan, a personal loan for an exotic vacation or a Home Equity Line of Credit.
In the last several years, APFCU has grown through mergers with other credit unions and the addition of more than 1,700 Select Employee Groups (SEGs), all of whom are eligible to join. In 2008, there were just under 30,000 members; today there are approximately 42,000. Our assets have grown from $491 million in 2008 to more than $750 million in 2013.
“We have evolved,” Otsuka said. “As times have changed, so have we, but always with our members’ best interests in mind. That includes more convenience and accessibility through new technology, such as a full suite of online, mobile and text banking.”
In addition, APFCU’s Facebook page (www.facebook.com/AlohaPacificFCU) and Twitter feed (twitter.com/apfcu) reach out to social media users. With nine branches on Oahu – several with Saturday hours – and one in Las Vegas, and a network of 40 Kalabash ATMs, APFCU is never far away.
Looking forward, Otsuka said, “We expect to continue building lasting relationships for generations to come.”
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