Accounts
Regular Share Account
 
This is the main statement savings account offered by Molokai Community Federal Credit Union. There is a minimum deposit of $25.00 dollars and a minimum balance requirement of $25.00 dollars. members can apply for an ATM Card. Dividends are paid quarterly on this type of account.
Subsidiary Share Account
 
Subsidiary Share Accounts are secondary savings accounts. Members with an established regular share account can add an additional savings account. This feature is often helpful to members who would like to keep funds separate from their regular shares to save for different family reunions, vacations, schooling, or even a new car. Subsidiary Share Account earns the same dividend rates as our Regular Share Account. However, a Subsidiary Share Account cannot have an ATM card.
Share Draft Account
 
A share draft account is a checking account. Members are able to apply for a debit card with their new checking account. We also pay dividends on our checking accounts. Members are also able to view transactions online with our online banking to help keep account balanced.
Your Responsibilities for Insufficient Funds & Overdrafts
Christmas Club Account
 
Save for your Christmas Shopping and open a Christmas savings account. The account is active from October 1st through September 30th then funds are distributed to members via mailed check or account transfer (member’s choice). Dividends are paid quarterly.
Individual Retirement Account
 
Start planning for your retirement today by opening an IRA account at Molokai Community Federal Credit Union today. With outstanding rates and funds that grow tax deferred year after year, an IRA account is an important part of your long-term savings portfolio.
Certificate Accounts
 
Also known as Certificate of Deposits, these are term savings accounts. The member agrees to leave money on a deposit for a chosen period of time and Molokai Community Federal Credit Union agrees to pay that member a higher rate of return than our share accounts. We currently offer 6 month, 12 month, and 24 month certificates all with a required minimum deposit amount of $500 dollars. Should a certificate need to closed before the designated maturity date, there are penalties that will be applied for early withdrawal.
Debt Protection
Molokai Community Federal Credit Union’s Debt Protection

Help play it safe!

Thinking about taking out a loan? It can be a financial gamble because…life happens.

Molokai Community Federal Credit Union's Debt Protection is a voluntary loan-payment protection product that helps preserve your family’s standard of living.

Ask about protecting your loans today!

Your purchase of Molokai Community Federal Credit Union’s Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of the Molokai Community Federal Credit Union Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.

DPGAP-0813-3328, © CUNA Mutual Group 2014, All Rights Reserved

TruStage™ Life Insurance Plans

Exclusively for credit union members, we offer TruStage Life Insurance Policies to help you protect the people who matter most in your life. Underwritten by CMFG Life Insurance Company, these plans are designed to fit your budget and provide excellent coverage.

Learn about this important coverage or call 1-855-612-7909 for more information.

TruStage™ Life Insurance is offered by TruStage Insurance Agency, LLC and issued by CMFG Life Insurance Company. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.


TruStage™ Auto & Home Insurance Program

Exclusively for credit union members like you, the TruStage Auto & Home Insurance Program provides affordable top-quality protection. You could enjoy discounted rates combined with online convenience and 24/7 claims service.

Get your free quote today or call 1-855-483-2149.

TruStage™ Auto and Home Insurance program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union.

Accidental Death & Dismemberment Insurance

One of the nice benefits of credit union membership is a no-cost TruStage Accidental Death and Dismemberment (AD&D) insurance policy from CMFG Life Insurance Company. AD&D coverage pays you or your loved ones a cash benefit after an accident results in a covered injury or loss of life due to an accident.

You can get $2000 of coverage, paid for by your credit union, and provided by CMFG Life Insurance Company. You can also get up to an additional $300,000 AD&D coverage from CMFG Life at affordable rates.

Sign up for your no-cost or additional protection today.

TruStage™ AD&D Insurance is offered by TruStage Insurance Agency, LLC and underwritten by CMFG Life Insurance Company. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.

Specialized Services
Teller Checks
 
A Teller Check is a certified credit union check that can be written for any amount. They must be payable to a person or business. There is a service fee* per teller check.
Money Orders
 
Money orders are almost as good as cash. They can be issued in increments of $1000.00 and are accepted as cash almost anywhere. They are left blank for the member to write in who it is payable to. There is a service fee* per money order.
Direct Deposit
 
Direct Deposit can be accepted at the Molokai Community Federal Credit Union. With direct deposit you never have to worry about not being able to get your pay check when you are out of town.
Wire Transfers
 
Our members are able to transfer fund electronically to other financial institutions with our wire transfer service. There are fees that are applicable depending on location.
Notary Service
 
We offer notary service for many types of documents free of charge. Photo identification is required. Notary service is available by appointment only.

*To view our current Fee Schedule, click here.

Discounted Insurance from Farmers Insurance Hawaii

Save an average of $385* on your auto insurance with Farmers Insurance Hawaii. Call them today for your Molokai Community FCU member discount, including savings on homeowner’s insurance and local claims service. Visit Farmers Insurance Hawaii or call (800) 515-1023.

*Average savings from information provided by new policyholders from 6/1/17 to 6/1/18 which showed that they saved by switching to Farmers Hawaii.
Quick Links
Home & Family Financial
How to Sign up for Internet BillPayer

Electronic Funds Transfer Agreement and Disclosure

Your Responsibilities for Insufficient Funds & Overdrafts
 
Cards & Reward
Programs
 
ATM Card
All members who have an established share (savings) account can apply for a free ATM card to use at any participating ATM machine.

Lost, Damaged or Stolen ATM cards have a replacement fee*, and forgotten Pin numbers have a replacement fee*.

Currently, our members can withdraw from any American Savings Bank machine, First Hawaiian Bank machine, or participating Co-op Network machine for free.

Molokai Community Federal Credit Union is not responsible for any fees that maybe charged when withdrawing from other financial institution’s machines.


 
Debit Card
All members who have an established share draft (checking) account can apply for a free Debit Card to use at any participating ATM machine or make point-of-sale purchases at any participating merchant.

Lost, Damaged, or Stolen cards have a replacement fee*, and forgotten Pin numbers have a replacement fee*.

Currently, our members can withdraw from any American Savings Bank machine, First Hawaiian Bank machine, or participating Co-op Network machine for free.

Molokai Community Federal Credit Union is not responsible for any fees that maybe charged when withdrawing from other financial institution’s machine.

*To view our current Fee Schedule, click here.