Loan Services
Everybody needs a helping hand from time to time. That’s why we have a variety of loan options to fit your individual needs. Whether you need additional cash for a personal project or you’re adding an addition to your home, we will make it happen, together.
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Personal
Loans - Auto Loans
- Line of Credit
- Loan Calculator
- Climate Resiliency Loans
- Special Programs
Personal Loans
Borrow up to $50,000 at attractive rates, with terms varying from one to six years
– Rates as low as 6.25% APR*
– Contact us about rates
New and Used Auto Loans
Get that new car you’ve been wanting with up to seven years to repay at low-interest rates.
-Rates as low as 5.25% APR*
-Contact us about rates
Lines of Credit
Protect yourself against overdrafts with a line of credit of up to $5,000
Climate Resiliency Loans
Kauaʻi has and continues to face the catastrophic impacts from climate-change related conditions. From major floodings to hurricanes, Kauaʻi FCU resolves to be the Financial First Responder in times of emergency and our ever-changing environment. By also creating more immediate access to Sustainable Home Improvement loans, we can do our part in increasing equity for building climate and financial resiliency for our members and their ʻohana.
We currently offer the following Sustainable Home Improvement Loans, for the purpose of making sustainable improvements to a member’s property, such as:
- Solar Panels
- High-efficiency cooling systems
- Improved Insulation
- New windows and doors
- Water usage reduction systems
- Energy-efficient appliances
- Controlled ventilation systems
- And other sustainable improvements are not listed if they can demonstrate they increase energy efficiency, CO2 reduction, and wastewater mitigation.
Special Programs
In late 2023, Kauaʻi Federal Credit Union and Hawaiian Community Assets (HCA) embarked on the second phase of Filene Research Institute’s Racial Economic Equity Incubator. As one of eight community partnerships across the U.S. selected for this inaugural program, Kauaʻi FCU and HCA are developing unique products and partnering to build economic resilience for underserved and historically excluded community members. Product prototypes include a down payment assistance program, pathways for home improvement loans and sustainability incentives to support cesspool-to-septic conversions. Available for Kauaʻi residents only.
Cesspool to Septic Conversion Loan (or alternative wastewater management system)
- Deferral of first payment for six months
- Funding disbursed directly to contractors
- Support for technical grant applications to bring down the loan amount/costs
Downpayment Assistance Program
A major influence of an individual’s financial stability is affordable housing or housing options that create generational wealth. To increase access to these opportunities, Kauaʻi FCU is partnering with FHLB (Federal Home Loan Bank) of Des Moines to provide qualified members home downpayment assistance. Up to $25,000 per household is available on a first-come, first-served basis as funds are available. Funds can be used to provide down payment, closing costs, or counseling to eligible homebuyers, who are purchasing an owner-occupied unit to be used as their primary residence. Purchases must be on Kauaʻi and membership with Kauaʻi FCU must be established and maintained. See below for the additional details of the two different ways to participate and visit this link: Resource Guide for Homebuyers – FHLB Des Moines (fhlbdm.com):
- Home$tart:
- At least one homebuyer listed on the mortgage must be a First-Time Homebuyer and that individual must complete a Financial Literacy Program prior to application.
- Must stay in the home for five years from the date of closing.
- Household income limit may not exceed 80% of the area median income, adjusted for family size as published by HUD or NAHASDA.
- NAHI (Native American Homeownership Initiative):
- At least one homebuyer on the mortgage must be Native American, Alaska Native, or Native Hawaiian and that individual must complete a Financial Literacy Program prior to application.
- NAHI beneficiaries does not have a first-time homebuyer requirement.
- Must stay in the home for five years from the date of closing.
- Household income limit may not exceed 80% of the area median income, adjusted for family size as published by HUD or NAHASDA.
*APR = Annual Percentage Rate is subject to change without notice. Kaua‘i FCU is an equal opportunity lender. We do business in accordance with the Equal Credit Opportunity Act. Federally insured by NCUA.
