Hawaii State Federal Credit Union more than doubled its net income last year while growing the number of members by 6.2 percent and total assets by 3.3 percent.
The Honolulu-based credit union, which has members on Oahu and Maui, reported net income of $9.84 million in 2018, an increase of 108 percent from $4.72 million in 2017.
Membership grew to 106,601 members, from 100,370 members in 2017.
Hawaii State FCU’s assets grew to $1.58 billion by the end of 2018, from $1.53 billion in 2017. Loan…
