ALEXANDRIA, Va. — Continuing his mission of promoting the benefits of member business lending, NCUA Vice Chairman Rodney Hood recently met with Karl Yoneshige, the president/CEO of HawaiiUSA Federal Credit Union, which is in the midst of helping small businesses grow in Hawaii.
The $847 million credit union offers a variety of loan, deposit, investment and insurance services to businesses. The vice chairman praised HawaiiUSA FCU for its "strides to strengthen the economy by offering products and services to businesses in Hawaii."
"As a credit union regulator, it is my priority to provide regulatory framework whereby credit unions have the flexibility and empowerment to provide affordable capital to their member-owners," Hood said.
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Hood also said he is "enthusiastic" about the advances being made throughout the credit union arena to promote the establishment and growth of businesses within their membership.
"I encourage credit unions to continue providing innovative member business lending products which help member-owners establish viable businesses that create jobs and sustain local communities," Hood said.
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