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Hawaii's Top Employers 2013: Aloha Pacific Federal Credit Union

Aloha Pacific Federal Credit Union employees and Board of Directors gather at the Fort Street branch.

Aloha Pacific Federal Credit Union is all about ‘ohana.

It’s that sense of family that keeps credit union members – often multiple generations of members – coming back, knowing that Aloha Pacific FCU has their best financial interests at heart.

And it’s that sense of family that keeps APFCU employees working together for those valued members.

“We have a great team,” said Wallace Y. Watanabe, president and CEO of APFCU. “Our team members like each other and like working for the good of the members and the credit union. You can’t ask for much more than that.

“We must be doing something right,” he said, smiling. “APFCU is one of Hawaii’s Best Places to Work for the fifth straight year!”

Chartered in 1936 by a dozen Honolulu City & County employees, the not-for-profit financial institution has grown to become Hawaii’s third-largest credit union, with nearly 42,000 members and a staff of 180.

APFCU’s executive team is led by Wallace Y. Watanabe, center.

Once hired, many employees elect to stay – a very long time. At the Annual Meeting of credit union members, long-serving employees are recognized for 10, 15, 20 or more years of service. Of these, President/CEO Watanabe is the longest-serving of all, with more than 40 years in the credit union, beginning as a loan officer.

“It’s wonderful to see our employees move up in the ranks or into opportunities in other departments,” Watanabe said. “They are serious about learning more about financial services and expanding their experience and expertise to help APFCU function efficiently.”

The ‘ohana effect extends to the community, in the employees’ enthusiasm for volunteer work and other activities. They come together early on a Saturday to complete an entire day’s Lanakila Meals on Wheels route, delivering food to seniors in need. They also organize a series of bake sales at the branches and a car wash, all to benefit the Kapiolani Children’s Miracle Network. And in December, they marched in the Honolulu City Lights parade for the second year in a row.

At APFCU, the employee benefits package is very attractive, including:

  • Paid family medical insurance; paid employee dental insurance
  • 12 paid holidays 
  • 401(k) plan (after the first year of employment, APFCU matches 200 percent of the employee’s first 5 percent of salary that is contributed to the plan) 
  • Generous paid time off
  • Transportation and parking subsidies
  • Paid tuition for industry-related courses
  • Leadership and management development opportunities

“Building Lasting Relationships” is the mission of Aloha Pacific Federal Credit Union. It’s been a successful way of doing business with generations of Island families – and it’s been a priority in maintaining a happy, dedicated staff.  


(808) 531-3711
832 South Hotel Street
Honolulu, HI 96813

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