[ Our History ]

About Us

Welcome To Kauai Community Federal Credit Union!

Kauai Community Federal Credit Union is a member owned financial institution providing financial products and services to more than 31,500 members of Kauai and Niihau. With assets totaling over $300 million and a combined membership savings exceeding $265 million, Kauai Community FCU is in the top 10 largest neighbor-island credit union in the state of Hawaii.

Ownership is what distinguishes KCFCU from other financial institutions. Members put their money in a variety of savings accounts, and that money, in turn, is lent to members. After operating expenses and reserve requirements are met, loan income is returned to all members in the form of dividends and comprehensive financial services.

KCFCU is governed by a Board of Directors that establishes and reviews policy. The Directors are Credit Union members who are elected by the membership and serve without pay. Every member has one vote, regardless of how much he or she has on deposit. At the credit union, there is no select group of shareholders that profits more than anyone else. All members profit -- individually and collectively.

KCFCU is a federally-chartered credit union, organized under strict regulatory laws that are monitored and enforced by the National Credit Union Administration, an agency of the U.S. Government. The NCUA insures each member savings account for $100,000.

Our History

In 1954, 10 pineapple growers from the Kapaa area got together to discuss ways to improve their financial conditions. Dissatisfied with the lending policies of the local banks, and ineligible to join any of the 12 existing credit unions on Kauai, this determined group of farmers pooled $595 of their own savings to start Kauai Community Federal Credit Union. From the beginning, the credit union's goal was "to improve the economic condition of its members and to offer its services to all residents who were not eligible to join the other credit unions on the island."

KCFCU grew rapidly, and today is the largest credit union on Kauai and among the ten largest credit unions in the state. With five full-service branch offices in Lihue, Kukui Grove, Kapaa, Waimea and Eleele, our goal is to provide top-notch financial products, services and benefits to every member of the credit union.

Management Team

Melvin I. Chiba, President and CEO
Charles Carveiro Jr., Senior Vice President of Loans and Information Technology
Tess Shimabukuro, Senior Vice President of Accounting and Financial Services
Irving M.K. Soto, Vice President of Business Development and CUSO
Owen Nishihara, Vice President of Human Resources
Lorna Probasco, Internal Auditor

Board of Directors

Kauai Community Federal Credit Union is served by a volunteer Board of Directors who donate their time and services to set forth the policies which govern the credit union.

Walton D.Y. Hong, Chairman
Victor K. Punua Sr., Vice Chairman
Caroline Uohara, Secretary and Treasurer
Phil Fudge, Member
Eric Honma, Member
Earl Miyao, Member
Tammy Ando, Member
Walter K. Smith III, Member
George M. Masuoka, Member

Officials

Credit Committee
Brent Mizutani, Chairman
Mitchell Ikeda, Member
Stephen Fujii, Member

Supervisory Committee
Phil Fudge, Chairman
Gwynne Duarte, Member
Kei Inazu, Member
Joseph Kobayashi, Member
Lon Shimanuki,Member