HOLIDAY CLOSURES King Kamehameha Day - June 11th Independence Day - July 4th Statehood Day - August 17th KGEFCU 2976 Ewalu Street PO Box 711 Lihue, HI 96766 Telephone: 808-245-2463 Website: kgefcu.org Telephone Banking 800-330-8115 Lost/Stolen Debit Cards 800-472-3272 BUSINESS HOURS Monday – Wednesday 7:45a.m. – 4:30 p.m. Thursday 8:30a.m. – 4:30 p.m.Friday 8:30a.m. – 6:00 p.m. DRIVE-THRU HOURS Monday – Thursday 9:00a.m. – 4:00p.m. Friday 9:00a.m. – 5:30p.m. STAY CONNECTED BOARD OF DIRECTORS Cyndi Ayonon - Chairman Roberta Charles - Vice Chairman Kyle Okamura - Treasurer Kenneth Villabrille - Secretary Melvin Ota - Mem. Officer Byron Watanabe - Director Patrick Balbarino - Director MANAGEMENT Monica Belz - CEO Shane Corregedore - EVP/CFO Sean Kaley - COO Leah Michaels - CCO SUPERVISORS Myrvie Buster - Lending Joyce Arellano - Operations FIELD OF MEMBERSHIP County, State and Federal Employees, and Employees of Select Employer Groups (SEGs) and their immediate families. NEWSLETTER SUMMER 2018 KGEFCU KAUAI DEVASTATED BY MAJOR FLOODING April was what felt like month three of consistent cloudy weather and non-stop rain, the day the flood came was just another rainy day. No one was prepared for the toll it would take on our island. KGE Federal Credit Union stepped in to support our community because that’s what credit unions do, we are not-for-profit, community focused people with a purpose to serve, we are Kaua’i. The first day after the flood our team gathered around to discuss the immediate needs and see how we could meet as many as possible. We heard several reports of families on the North Shore with no food, water, gas, or electricity. We were amazed to see that the entire island was coming together to support their ohana. Kauai’s First Responders were beginning to airlift people out and get them to safety, there were stranded visitors and locals with no road out and only ocean on the other side. Anyone and everyone that had a boat or jet ski had gassed up and started shuttling people out, and bringing supplies in. KGEFCU became an immediate drop of site for supplies and monetary gifts. CONTINUED ON NEXT PAGE WE ARE PEOPLE WITH A PURPOSE TO SERVE
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HOLIDAY CLOSURES
King Kamehameha Day - June 11th
Independence Day - July 4th
Statehood Day - August 17th
KGEFCU 2976 Ewalu Street
PO Box 711 Lihue, HI 96766
Telephone: 808-245-2463 Website: kgefcu.org
Telephone Banking 800-330-8115
Lost/Stolen Debit Cards 800-472-3272
BUSINESS HOURS Monday – Wednesday 7:45a.m. – 4:30 p.m.
Cyndi Ayonon - Chairman Roberta Charles - Vice Chairman Kyle Okamura - Treasurer Kenneth Villabrille - Secretary Melvin Ota - Mem. Officer Byron Watanabe - Director Patrick Balbarino - Director
MANAGEMENT Monica Belz - CEO Shane Corregedore - EVP/CFO Sean Kaley - COO Leah Michaels - CCO
FIELD OF MEMBERSHIP County, State and Federal Employees, and Employees of Select Employer Groups (SEGs) and their immediate families.
NEWSLETTER SUMMER 2018 KGEFCU
KAUAI DEVASTATED BY MAJOR FLOODING
April was what felt like month three of consistent cloudy weather and non-stop rain, the day the flood came was just another rainy day. No one was prepared for the toll it would take on our island. KGE Federal Credit Union stepped in to support our community because that’s what credit unions do, we are not-for-profit, community focused people with a purpose to serve, we are Kaua’i. The first day after the flood our team gathered around to discuss the immediate needs and see how we could meet as many as possible. We heard several reports of families on the North Shore with no food, water, gas, or electricity. We were amazed to see that the entire island was coming together to support their ohana. Kauai’s First Responders were beginning to airlift people out and get them to safety, there were stranded visitors and locals with no road out and only ocean on the other side. Anyone and everyone that had a boat or jet ski had gassed up and started shuttling people out, and bringing supplies in. KGEFCU became an immediate drop of site for supplies and monetary gifts. CONTINUED ON NEXT PAGE
WE ARE PEOPLE WITH A PURPOSE TO SERVE
KGEFCU
COMMUNITY SUMMER 2018 The staff organized the incoming donations while others loaded their t rucks fu l l of suppl ies to be distributed to flood victims in affected areas of the island. We delivered more than 500 gallons of diesel, gasoline and non-ethanol boat gas so the shuttles going in and out of the Haena. We delivered hundreds of food items, cleaning supplies and fresh water. Our teams went out to damaged and destroyed homes to do anything that was needed of us manual labor, dump runs, cleaning, organizing or just hold a baby so a mom could think. Some people just needed a shoulder to cry on.
The prominent need for money was becoming more demanding. People had continually asked how we could assist. We quickly gathered our resources and set up an information intake center at Hale Halawai in Hanalei. We were able to successfully assist people who didn’t have the means to get to our Lihue branch open up a Flood Relief loan with little interest, and no payments for 5 months. Through this process we were overwhelmed with gratitude and so thankful we were in a position to help our community. Another way we were able to help was through the support of local business like Java Kai and Kauai Pasta we were able to provide the First Responders daily meals. “If it weren’t for you guys we wouldn’t be eating” quoted a Captain manning air rescues.
KGEFCU was also able to coordinate with Tom one of the co-owners at Guardian Storage in Lihue (pictured above) who donated 40 s t o r a g e c o n t a i n e r s t o displaced families and flood victims. We were able to offer this service to several of our members whom had no where else to store their belongings. We are so proud of our credit union, our community and our island!
Catch up with more
flood relief effort
stories in CUNA & cu
today magazine!
WA N T T O S TAY U P T O D AT E W I T H A L L T H E L AT E S T P R O M O T I O N S ?
T U N E I N T O YO U R FAV O R I T E S TAT I O N S
A N D L I S T E N F O R K G E F C U
O N T H E A I R !
KGEFCU
COMMUNITY CONTINUED….SUMMER 2018 Congratulations Class of 2018! We were able to award four hard working students with the KGEFCU Annual Scholarship! We are honored to invest in the youth of Kauai!
Financial Empowerment for Women Conference!
CAREER DAY!
CURRENT RATES
SHARES……………………………………….APY (Annual Percentage Yield) ‣ Regular Shares…………………………………………….0.150%-0.401%‣ Christmas Club Account……………………………………………0.150%‣ Money Market Account…………………………………..0.200%-0.602%‣ Individual Retirement Account……………………….….1.250%-1.257%‣ Traditional & Roth IRA Certificate……………………….1.160%-2.422%‣ Share Certificate………………………………………..…1.160%-2.422%‣ Share Draft……………………………………………….…………..0.150%
*Contact your credit union for information on applicable fees and terms
Personal Loan…………………………………………….….…..5.75% - 12.50%
Platinum VISA Credit Card with UChoose Rewards………7.99% - 12.99%
Share Secured……………………………………………………3.50% - 5.00%
Share Draft Overdraft Line of Credit……………………….10.00% - 16.00%
New & Used Auto Loans ………………………………………1.75% - 16.99%
Silver Plan Auto…………………………………………..….…..3.00% - 18.00% *Silver Plan Auto does not qualify for any rate discount
Combine These Discounts For Maximum Savings On Your Next Auto Loan Take an Additional .25% off when you:
‣ 0.25% with automatic payment from your KGEFCU checking account.‣ 0.25% with a 10% down payment.‣ 0.50% with a 20% down payment.‣ 0.25% for any non-hybrid vehicle that receives a combined miles per
gallon rating of 30 mpg or greater as determine by the U.S. Department of Energy and published at fueleconomy.gov.
‣ 0.25% for new and used vehicles financed by an active duty member of the U.S. Military (Army, Navy, Air Force, Marines, Coast Guard, National Guard or Active Reserves.) Spouses and retired military personnel are not eligible.
Mixed Collateral (Signature & Shares) Up to 5 years………………………………………………………2.75%-16.49% Up to 6 years on loan greater than 20k & based on credit worthiness..6.25%
Contact lending dept. for current rates: ‣ Mortgage Loans – 15yr. Balloon/30yr. Amort; Fixed up to $950,000
Owner Occupied, 1st Mortgage & 2nd Mortgage‣ Mortgage Loans – 20 Year Fixed, up to $950,000
Owner Occupied, 1st Mortgage & 2nd
‣ Home Equity Line Of Credit (HELOC) – 15 Year Variable 80% of Equity Value or $350,000 Maximum (whichever is less)
‣ Home Equity Line Of Credit (HELOC) – 20 Year Variable 80% of Equity Value or $350,000 Maximum (whichever is less)
KGEFCU Student Loans……………………………………….…………6.25%
Share and loan rates and the Annual Percentage Rate are subject to change without notice. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act. Dividend Rates effective 1/1/2017. Your savings is federally insured to at least $250,000 and is backed by the full faith and credit of the United States Government. The National Credit Union Administration is a U.S. Government Agency.
