How do state income tax rates affect credit unions?
According to recent reports in The Wall Street Journal and other publications, Hawaii’s tourism economy is experiencing a big wave of double-digit increases in visitor arrivals and spending over the past year. However, Hawaii credit unions reported a flat return on average assets during first-quarter 2012, according to the NCUA’s...
Second-quarter NCUA stats show Aloha State credit unions waiting for the wave of returning tourism dollars to lift their fortunes.
Twenty five Hawaii credit unions have now signed on to a statewide disaster relief effort, “Aloha for Japan,” led by Gov. Neil Abercrombie and demonstrating again that Hawaii feels the impact of the catastrophe more than any other state.