HRS §412:10-303
Deposit accounts
A credit union can take deposits from its members, other credit unions, and government units. The credit union's board sets the rules, rates, and conditions for these accounts. The credit union may pay different interest rates based on account features like minimum balance or notice requirements.
creditors
The statute, as written — Deposit accounts
(a) A credit union may accept deposit accounts from its members, other credit unions and governmental units subject to the terms, rates and conditions established by the board of directors. (b) Interest may be paid on deposit accounts at various rates with due regard to the conditions that pertain to each type of account such as minimum balance, notice and time requirements.
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