Life matters Loan Money News. A publication of HawaiiUSA Federal Credit Union. HawaiiUSA s new website...coming soon!

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1 r e t r a u 2 Q 5 nd 201 Money News A publication of HawaiiUSA Federal Credit Union HawaiiUSA s new website...coming soon! Construction is going on right now on HawaiiUSA s new website. We re building it with ease of use in mind. In fact, the upgrades to our site reflect changes in how you, our members, prefer to bank. As our lives shift more online, we continue to be committed to the same level of customer service beyond the branch with the ease and comfort of 24-hour online access anytime, anywhere. Being there when it matters... The new website will debut this summer with a refreshing new look and feel plus state-of-theart features intended to deliver a streamlined member experience. Whether you are using your tablet or desktop, you will notice a smarter, simpler design that delivers seamless website navigation, increased functionality and security. Visit hawaiiusafcu.com/newdesign for more information. Follow us on Facebook, Instagram, and Twitter for updates and to get a sneak peek of what to expect. Thank you for being a member of HawaiiUSA, where... Life matters! Life matters Loan 1.99 as low as % APR* for 12 months Apply online today! lifemattersloan.com *Annual Percentage Rate. Offer valid on all applications received beginning 4/1/2015 until 6/30/2015. (Payment example: Loan amount of $1,000 at 1.99% for 12 months would have a monthly principal and interest payment of $84.23). Loan amount must meet a $1,000 minimum requirement. Refinancing of existing HawaiiUSA FCU Visa or loans does not qualify for this special rate promotion. This offer cannot be combined with any other offers. Subject to HawaiiUSA s loan terms and conditions. Membership guidelines may apply. Federally insured by NCUA.

2 Lowest rates of the year! As a loyal HawaiiUSA Credit Cardholder, make purchases with your HawaiiUSA Visa Platinum Credit Card between April 1, 2015 through May 31, 2015 and receive a low purchase promotional rate until cycle date: May Take advantage of these low rates because they won t last long! Don t forget our other great benefits that come along with using your HawaiiUSA credit card: No Annual Fee No Cash Advance Fee Low 1% Foreign Transaction Fee CU Rewards Points Program option* For more information regarding our promotional rates, visit: hawaiiusafcu.com/creditcard. Filling in the gap with a Private Student Loan Program By now, many college-bound students have received their acceptance letters to the school(s) of their choice, along with their financial aid packages which reveal all the scholarships, grants and government loans the student will receive. So what happens if it still isn t enough to pay for college? HawaiiUSA has the answer: Student Choice. Student Choice private student loans are useful in filling in the college funding gap. They are flexible where you can use them for tuition, housing, textbooks, transportation, and any other school related expense. Unlike federal student loans, the student applies for the Student Choice loan once and does not have to reapply again.* Students may defer payment while still in school (interest accrues) and there is a 25 year repayment period, longer than most other programs. Additionally, a graduated payment structure after college allows the student to pay less while in an entry-level position and more as wages increase. HawaiiUSA s partnership with CU Student Choice helps Hawaii students attend college with a loan program that has no origination fees, low interest rates, and a flexible payment plan. *The CURewards Points Program is available for specified accounts only. Learn more by visiting our 13 branches or go to hawaiiusafcu.studentchoice.org to find out about our apply-just-one-time Student Loan with a deferred payment program! *Subject to credit score and applicable during 5-year college attendance. Earn 15,000 by drawing on your HawaiiUSA Home Equity Line of Credit today!* Visit hawaiiusafcu.com for more information. *This offer for a chance to earn 15,000 HawaiianMiles cannot be combined with any other offer. HawaiianMiles earned during the promotion period are non-transferable. To qualify for this offer, you must 1) make a minimum aggregate draw of $25,000 between 4/1/2015 through 6/30/2015; proceeds from draws used to pay HawaiiUSA loans will be excluded from the minimum aggregate draw total, 2) keep outstanding the minimum aggregate draw amount after it is met for a six-month period (less regularly-scheduled payments), and 3) be enrolled in Hawaiian Airline s HawaiianMiles program. Advances will be charged at your account s prevailing rate. Upon meeting the requirements, you will receive a letter informing you that you are qualified. You will have 60 days from the date of that letter to provide to HawaiiUSA FCU your HawaiianMiles number; otherwise, the offer expires and HawaiianMiles will not be awarded. The awarded miles will be processed by Hawaiian Airlines, and miles earned may not immediately post to your HawaiianMiles account. Awardees may be responsible for paying taxes on earned miles. Please consult your tax advisor. All other provisions of your HawaiiUSA Federal Credit Union Agreement remain unchanged. Loan drafts must be drawn for $ or more to avoid the $10.00 minimum draw fee. Loan drafts are not eligible for electronic conversion under NACHA regulations and should not be used where checks are converted to electronic debits (ACH). Federally insured by NCUA.

3 , n g i S, Swipe and Fly! Use your HawaiiUSA Debit MasterCard and be entered to win a fly-away to see MARIAH CAREY in Las Vegas! Visit hawaiiusafcu.com for contest details & official rules. Valuing our members starts with great employees! How much money will I need in retirement? We honor our retirees who invested their lives into serving HawaiiUSA s staff and members, because Life matters! In this low interest rate environment, retirees are learning cash flow is more important than the value of your nest egg. One rule of thumb is that you ll need 70% of your pre-retirement yearly salary to live comfortably. That might be enough if you ve paid off your mortgage and are in excellent health when you retire. But if you plan to build your dream house, travel the globe, or have health issues, you may need 100% of your annual income - or more. Roy Higa James Caswell Maintenance 27 years Enterprise Risk Management 18 years Bradley Kelii Rickey Terao Approval Center 17 years Credit Service 17 years Shirley Aquiningoc Member Arlene Shinozuka Service Center Credit approval req. Early Termination Fee (sprint.com/etf): After 14 days, up to $350/ Administration line. IL Discount: Available for eligible company employees or org. members (ongoing 7 years 7 years verification). Discounts subject to change according to the company s agreement with Sprint and are available upon request for monthly svc charges on select plans. Discount only applies to data buy- ups/add-ons for Unlimited, My Way and Framily plans, Talk 450, and primary line on Talk Share 700. Other Terms: Offers and coverage not available everywhere or for all phones/networks/plans. Restrictions apply. See store or sprint.com or Sprint. All rights reserved. Sprint and the logo are trademarks of Sprint. Other marks are the property of their respective owners Sprint Item # CU Solutions Group CONGRATULATIONS and a big mahalo to our retirees! We wish them all the very best to enjoy retirement life. It s important to make realistic estimates about what kind of expenses you will have in retirement. Be honest about how you want to live in retirement and how much it will cost. These estimates are important when the time comes to figure out how much you need to save in order to comfortably afford your retirement. Our CFS* Financial Advisors in our branches have financial planning tools that can help you evaluate your current situation and your future goals. To set an appointment, please call (808) *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ( CFS ), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. HawaiiUSA Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

4 Why should my business have accurate financial statements? Written by Joseph Burns Regardless of whether you are a soon-to-be entrepreneur, or run an existing business, it is essential that you create and maintain a timely and accurate financial reporting system. Available software such as QuickBooks or Xero make it much easier than ever to do that, provided they are set up correctly at the outset. Failure to produce timely and accurate financial statements is a recurring weakness in small businesses. Some owners and senior managers avoid this task because they prefer to work in areas in which they have greater understanding and comfort, such as the operational areas of the company. An effective and well-designed financial reporting system provides much more than simply profits and losses; it produces the numbers upon which business decisions are made. With accurate numbers, you can create a break-even model for looking at scenarios involving capital investment, changes in staffing, analysis of marketing and products, and to help establish productivity goals. It is essential for owners and senior managers to have financial tracking systems in place to provide an early warning of any potential problems. The best financial reporting systems are the basis for creating leading performance indicators, which alert you to these possible problems. They create the context and perspective in which you will spot trends and patterns. Lacking such indicators, you may not identify a problem until it becomes serious, at which point it takes more resources to resolve, with the obvious and many costs to the performance of the company. If your company is audited, having defensible financial reports is an excellent way to reduce federal or state tax liability exposure. Ignorance due to a lack of good numbers is not an effective riskreduction strategy. The stronger your financial reporting system, the better you will be able to address any potential tax issue. An effective financial reporting system enables lenders to gain clarity into your company by analyzing financial ratios, cash flow, and other financial information. Successful financing is the product of good numbers that reflect the strength of your company, and the lender s high level of confidence in the accuracy of those numbers. If there are decisions to be made with regard to succession, having a realistic valuation of the company, which begins with accurate financial statements, helps to clearly define what is at stake. Such decisions often include an emotional dimension for both owners and successors, but accurate financial information is the common ground leading to successful negotiations. Joseph Burns, Director for Oahu, Hawaii Small Business Development Center (SBDC) Board of Directors election results: There were four vacancies for the Board of Directors annual elections, three for 3-year terms and one for a 1-year term. For this election, there were four candidates and no member from the general membership submitted a qualifying nomination by petition. As such, no mail ballot election was held for these positions. At HawaiiUSA FCU s Annual Meeting on Tuesday, February 24, 2015, the following members were declared elected for a 3-year term: Kelvin Chun Maxine Joe Donald Yee The following member was declared elected for a 1-year term Colleen Umetsu In addition to the above, due to the untimely passing of long-time Board member, Albert Yoshii, a Special Election was held to fill a 1-year term on the Board of Directors. The Nominations, Elections & Volunteer Committee nominated four candidates for this Special Election which was conducted by mail ballot election. The following member was announced at HawaiiUSA FCU s Annual Meeting on February 24, 2015 as elected by the membership to serve the 1-year term. Gerald Nakashima

5 The unexpected happens, let us give you peace of mind... As a token of our appreciation and in the spirit of our Life matters brand, all new HawaiiUSA auto loans are now protected by our Vehicle Return Program. This complimentary program applies to the duration of your loan. This means that, should you lose your job or become disabled and are no longer able to afford your loan payments, you can return your car. Any remaining balance up to $7,500 will be paid for you. This unique program is available to HawaiiUSA members only. If you know of any family members or friends looking to purchase a new or used vehicle, please spread the news about this valuable program. If they acquire their auto loan at one of our branches, they too will enjoy the auto loan protection benefits of our Vehicle Return Program at no charge! For more information regarding this complimentary program, please contact our Member Protection Center at HawaiiUSA Golf Tournament When: Monday, August 10, 2015 Where: Pearl Country Club Time: 11:30 a.m. Registration 12:30 p.m. Shotgun Start Format: 3-person Team Cost: $1500 Platinum Sponsor* (includes two teams and greenies) $1000 Gold Sponsor* (includes one team and greenies) $650 Silver Sponsor* (one team) $110 Per Person* *Includes green fees, cart fees, lunch, banquet, & one Flanigan Please send payment to: Handicap Maximum: Men 24/Women 36 HawaiiUSA FCU Attn: Golf Tournament Committee 1226 College Walk Honolulu, HI Handicaps will be reviewed by the Golf Committee Flanigan: One chance to rehit your ball, and select the better of the two Proceeds derived from this tournament will benefit Hawaii s schools and/ or educators in the Hawaii public education system to further career development. Call for more information. Make checks payable to: HawaiiUSA FCU Golf Tournament Name: Name: Handicap: Address: Phone: Handicap: Address: Name: Phone: Handicap: Address: Phone: 5

6 dreamality FIRST-TIME HOME BUYER Helping to turn your dreams into reality... Here at HawaiiUSA, when dreams become reality, we call them Dreamality. Owning a first home usually tops our members dream list and for first-timers, the process can seem daunting, confusing and complicated. That s why we created HawaiiUSA s Dreamality First Time Home Buyer Program. If you can dream it, our experienced Mortgage Loan Officers can help you own it. They re with you every step along the way to a mortgage loan that s right for you. With a down payment as low as 3% plus Mortgage Insurance your dream home can start with a dream mortgage! You can apply online at hawaiiusafcu.com/dreamhome or visit any of our 13 branches. PRSRT STD U.S. POSTAGE PA I D Permit No. 985 Honolulu, Hawaii 1226 College Walk, Honolulu, HI Branch Locations Main 1226 College Walk Aiea Aiea Shopping Center Kaneohe Windward Mall Mililani Mililani Shopping Center Kaimuki 3660 Waialae Ave #108 Ala Moana Waipahu Kapolei Hawaii Kai Pearl City Kahului Kihei Aloha Member Services Oahu Toll-free (800) Kapiolani Boulevard Ste. 105 Waipahu Town Center Online Visit hawaiiusafcu.com 920 Kamokila Boulevard Hawaii Kai Executive Plaza Kuala Street Ste. 101 Queen Kaahumanu Office Bldg. Kihei Times Supermartket 550 Paiea St. Ste. 126 Be a part of our Life matters Movement... Make a Difference one life at a time! We are accepting online job applications for: Member Service Specialists (Tellers), Member Service Representatives (Call Center) and other positions! Celebrate Youth Month with us! April 1-30, 2015 HawaiiUSA youth members come and get Wild About Saving! Draw a picture of what saving means to you and you could win an annual family pass to the Honolulu Zoo!* Apply today at hawaiiusafcu.com/careers Great Benefits: Paid Medical, Paid Time Off, 401(k), Flexible Spending Plan, Employee Loan Discounts, Tuition Assistance, Wellness Program and much more! Visit any one of our branches or go to hawaiiusafcu.com for entry form and drawing contest rules. *Prize may vary if the winner is from Maui.