Deposit Accounts with Ka'u Federal Credit Union

Ka’u Federal Credit Union offers its members basic deposit services of Regular Share Accounts (Savings) and Share Draft (Checking). Membership accounts are available to adults, students and businesses – including associations and nonprofit organizations.

Regular Share (Savings) – The minimum deposit to maintain a Regular Share Account is $25. Students have a minimum Regular Share Account balance of $5. A member may have up to 3 share accounts under the same member number. These are sub-accounts that make it easy for members to save for something special like Christmas, vacations, or education.

The minimum balance to earn dividends on a Regular Share Account is $100. For students the minimum to earn dividends is $5. Dividends are declared quarterly and credited to the member’s account on March 31, June 30, September 30 and December 31.

Members with only a share account will receive their statement of account mailed quarterly.

Share Certificates – Ka’u FCU also offers Share Certificates at a higher dividend return. Share Certificate terms are 3 months up to 2 years. The minimum to open a Share Certificate is only $1,000. Click here for current rates.

Share Draft (Checking) Account – Any individual or business member can have up to two Share Draft (checking) accounts under the same number. Members can order and re-order their checks right online. (Check charges will vary according to style and quantity ordered).

There is a $3.00 monthly fee for individual Share Draft (checking) account however; the fee will be waived if one of the following exists:

• Average Daily Balance of $300 or more is maintained for the month
• Direct deposit of entire payroll
• Direct deposit of social security or other disability or retirement check
• Primary member is 55 years of age or older
• Average Daily Balance maintained in the regular share account is $1,000, or more
• Outstanding loan of at least $2,000
• Member is under 18 years of age

Click here to order checks

Business Accounts – Ka’u Federal Credit Union offers its business members business Share Draft (checking) accounts. The month fee is $10 however; the fee will be waived if one of the following exists:

• Minimum Average Daily Balance of $500 is maintained for the month
• Minimum Average Daily Balance maintained in the Regular Share Account is $5,000 or more

Business accounts can use their own check provider or order through Harland Clarke right here on online.

Click here to order checks

Members with Share Draft (Checking) accounts will receive their Statement of Account monthly.