HRS §412:10-101
You need a charter to run a credit union
Read the official text at capitol.hawaii.gov ↗Unless federal law or this chapter allows it, you cannot run a credit union, call yourself one, use a name with 'credit union' in it, or control someone who does. This section sets that basic rule.
everyone
The statute, as written — Necessity for credit union charter
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Except as expressly permitted by federal law or this chapter, no person shall engage in the business of a credit union, represent itself as a credit union, use a name or title containing the phrase "credit union" or any derivation thereof, or control any other person engaging in the business of a credit union.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.