HRS §412:10-704
Credit unions can manage retirement accounts
Read the official text at capitol.hawaii.gov ↗A credit union is allowed to serve as the trustee or custodian for retirement, pension, profit-sharing, or deferred income accounts that are allowed by federal or state law. This includes individual retirement accounts and pension funds for self-employed people or for companies whose employees can join the credit union.
The statute, as written — Retirement accounts
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.
A credit union may act as trustee or custodian of any form of retirement, pension, profit-sharing, or deferred income accounts authorized under federal law or the laws of this State including but not limited to individual retirement accounts, pension funds of self-employed individuals, and pension funds of a company or organization whose employees or members are eligible for membership in the credit union.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.