HRS §412:10-101
You need a charter to run a credit union
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
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.