Hawaii State Federal Credit Union reported an uptick in growth of 12.6% in loan balances and 7.5% in assets year-over-year.
In the second quarter, the credit union hit a milestone by becoming Hawaii’s first billion-dollar credit union lender. It has maintained an annualized growth rate of more than 6% over the past five years.
Hawaii state FCU had $1.02 billion in loan balances at the end of this quarter, up from the $901.9 million reported at the end of Q2 2018. At the end of last year's…