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The Honolulu Advertiser

Posted at 1:02 p.m., Wednesday, December 12, 2007

Hawaii State Federal Credit Union rebates total $2M

Advertiser Staff

Hawaii State Federal Credit Union has returned $2 million to members in the form of bonus dividends and loan interest rebates.

The bonuses and rebates were based on dividends earned and interest paid from Jan. 1 through Sept. 30.

"This is the twelfth consecutive year that we've been able to return money to members and we are one of the few credit unions across the nation that continues to return profits to member/owners on an annual basis," said Deborah Kim, Hawaii State FCU president.

Since 1996, Hawaii State FCU members have received more than $35 million through the bonus dividend and interest rebate program. The credit union has 67,659 members statewide with $858 million in assets.