this article is an orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . september 2015 hawaiian tel federal credit union type credit union industry financial services headquarters honolulu hawaii website hitelfcu.com hawaiian tel federal credit union or hitel fcu is a member owned financial institution credit union in honolulu hawaii . the credit union is administered and regulated by the national credit union administration ncua and insured by the national credit union share insurance fund ncusif . 1 hitel fcu is the fourth largest credit union in hawaii 2 as of 2012 hitel fcu has a total of 512.3 million usd in assets 3 serving more than 50 000 members 3 and seven office branches . 3 the president of hawaiian tel federal credit union is norman okimoto . 3 hitel fcu is guided by the principle we are people helping people make their dreams come true by being their financial institution of choice . 3 contents 1 history 2 membership 3 references 4 external links history edit in october 22 1936 mutelco oahu employees federal credit union was formed by 65 employees of mutual telephone company . in 1954 the credit union officially changed its name to hawaiian tel employees federal credit union htefcu . although operating with only volunteers and unpaid staff the credit union was successful in reaching 1 million usd in assets in the next year and 2 million usd in assets by 1961 . in addition htefcu extended their operations to the neighbor islands of hawaii . . 4 in 1971 the credit union officially became a completely independent entity from the phone company while continuing to serve the company s employees and their families as well as other members . 4 throughout the 1980s hitel fcu continued its dynamic growth into a full service financial provider while keeping quality member service as its focal point . services products and programs were developed and implemented to meet the ever changing needs of the membership . in 1999 htefcu changed its field of membership to serve oahu s community and their families . 4 at the credit union s 2003 annual meeting it was announced that the word employees had been removed from its name and that the organization s new name would officially be hawaiian tel federal credit union . 5 membership edit hawaiian tel federal credit union s primary field of membership shall be limited to those having the following common bond persons who live work in worship or go to school in and businesses and other legal entities located on the island of oahu hawaii ; members of record of hawaiian tel federal credit union as of the effective date of the approval of its community charter on june 14 1999 to include the island of oahu hawaii ; others living in the same household under the same roof ; members of their immediate families including foster & adopted children ; organizations of such persons . 4 references edit home . ncua.gov . retrieved 2013 10 20 . four hawaii credit unions sign contracts with fifth third processing solutions pacific business news . bizjournals.com . 2010 10 27 . retrieved 2013 10 20 . a b c d e grow with us . official web site . hawaiian tel fcu . retrieved october 21 2013 . a b c d about us hawaiian tel fcu . official web site . hawaiian tel fcu . retrieved october 21 2013 . soliven darren . board chairman unveils name change . belonging apr. 2003 1 . external links edit hitelfcu official website retrieved from https en.wikipedia.org w index.php title hawaiian tel federal credit union & oldid 743457178 categories credit unions based in hawaiicompanies based in honolulubanks established in 19361936 establishments in hawaiihidden categories orphaned articles from september 2015all orphaned articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 19 06 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view