Purposes
HRS §412:10-801
in effect412:10-801. Purposes
The purposes of the corporate credit union are to:
(1) Accumulate and prudently manage the liquidity of
its member credit unions through interlending and investment services;
(2) Act as an intermediary for credit union funds
between members and other corporate credit unions;
(3) Obtain liquid funds from other credit union
organizations, financial intermediaries, and other sources;
(4) Foster and promote in cooperation with other
state, regional, and national corporate credit unions and credit union
organizations or associations the economic security, growth, and development of
member credit unions; and
(5) Provide payment systems and correspondent
services to its members.
[L 1993, c 350, pt of §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: https://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-0010-0801.htmFetched: 11/10/2026