Categorized | Education

HCF Credit Union accepting scholarship applications


Hawaii Community Federal Credit Union is now accepting scholarship applications from high school seniors on the Island of Hawaii.

The credit union will award $12,500 in scholarships to 2012 high school seniors headed on to an institution of higher learning. The five scholarships – each in the amount of $2,500 – are each named after a volunteer who made important contributions to Hawaii Community Federal Credit Union.

Four of the scholarships – Peter Hirata Scholarship, Albert Akana Scholarship, Katsumasa Tomita Scholarship and Frank Ishii Scholarship – are general scholarships awarded to students based on need, academic achievement, career goals, and extracurricular activities.

The John Y. Iwane scholarship will be awarded to a high school senior that meets all the criteria mentioned above and plans to enter an agriculture-related field of study.

The Credit Union has offered scholarships to students in their communities for more than 25 years.

Any graduating high school senior attending a high school on the Island of Hawaii is eligible to apply. Each applicant must plan to attend a two- or four-year institute of higher learning.

Interested high school seniors may fill out an application on the website, or may obtain one through their high school’s counseling office, at any Hawaii Community Federal Credit Union branch or Student Credit Unions at Kealakehe, Konawaena and Kohala high schools.

Applications must be received by April 9, 2012 to be considered.

Hawaii Community Federal Credit Union is a not-for-profit credit union currently celebrating its 75th anniversary. Hawaii Community FCU is wholly owned by its more than 39,000 member/owners and the financial institution has branches in Honokaa, Kailua-Kona, Kaloko, Kealakekua and Kohala.

In addition to complete checking and savings services, the credit union offers credit cards, auto, mortgage, construction, small business, educational and personal loans; investment services; money-saving programs and more.

It sponsors Student Credit Unions at Kealakehe, Kohala and Konawaena high schools, Children’s Savings Projects at elementary schools from Paauilo to Hookena and supports numerous Island of Hawaii programs and events.

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