Owners Count Second Quarter 2010
Safety net for the unexpected.
An insurance policy is a safety net against the great 73rd Annual Membership
unknown; it provides you with the peace of mind that you Meeting & Luncheon:
can get back on your feet after an accident, property loss or
Hawaiian music by the sea
catastrophe. Simply stated, insurance is a necessity and in
some cases legally required. However, there are also ways to
accompanies good buffet.
save money on auto and home insurance premiums, especially Every year, the Annual Membership Meeting &
during these tough economic times. Luncheon features great food, cash prizes and valuable
fellowship. This year’s event will be no exception. And,
we are proud to offer outstanding, local hosting and
• Be a good driver and keep your car insured. entertainment for you to enjoy along with your buffet
Insurance companies give good drivers a break in the form of and white sand views from the Hapuna Beach Prince
good driving discounts, accident free discounts, and continuous Hotel, Saturday April 24, from 11:00 a.m. to 2:30 p.m.
coverage discounts. A ticket for a moving violation or for no
Cash Prizes! Over the past 73 years, we’ve given
insurance could increase your premiums.
away thousands of dollars in cash prizes at the
• older vehicles. With older vehicles, consider raising your Annual Meeting. Your turn to win may be this year!
deductibles or dropping comprehensive and collision coverage.
(Story continued inside)
Generally, if your car’s Blue Book value is less than $2,000, it
makes sense to drop comprehensive and collision coverage.
• Consolidate. If you have more than one vehicle, or if you are a
homeowner, keep your policies with the same insurance company so
you can take advantage of multi-car and/or multi-policy discounts.
• Discounts for safety features. Insurance companies give
discounts for smoke/fire alarms, burglar alarms and hurricane clips.
These features make your home safer and they also reduce the
probability of a loss.
• minimize other hazards in your home. Trampolines, dead trees
and plants, excessive debris around your home, and even owning
vicious dog breeds could make your home ineligible or uninsurable with
companies that offer the best rates.
• Consider a higher deductible. A $1,000 deductible versus a $500 deductible Come join us at the beautiful Hapuna Beach Prince Hotel for the
could save you some money on your insurance premium. For most cases, a $1,000 73rd Annual Membership Meeting & Luncheon.
deductible is reasonable. Save your homeowners policy claims for big losses. You will
lose your claims-free discount if you file small claims excessively.
For more information and for quotes on premiums with all
the qualifying discounts for HCFCU members, call Elaine
Panlilio at Atlas Insurance Agency, 854-2818.
Ask the expert:
Investment corner: Sensible investment strategies.
By Arnold Kanai,
Bonds have historically been much less volatile than stocks, so adding them to a portfolio can help decrease
Vice President, Support Services
the overall volatility of your portfolio.
Tips to avoid identity theft. According to Hartford Advisors, for the 20-year period ending June 30, 2009, a $100,000
investment in the S&P 500 Index would have grown to $443,882; while a more diversified
Q. what are the warning signs of identity theft
investment of 70% in the S&P 500 Index and 30% in the Barclays Capital U.S. Aggregate
and how can i keep my information secure?
Bond Index (the broadest measure of bonds) would have grown to $431,674--nearly as much
A. First, let’s define identity theft. When someone growth but with much less volatility. This is a hypothetical example and is not representative
uses your personal information to open an account of any specific situation. Your results will vary.
or to apply for a service, or takes over an existing
Steven r Fassbender CFP® CLu CFS
account or service, you can consider yourself
LPL Registered Principal
a possible victim of identity theft. Here are a
Securities and Insurance products offered through LPL Financial and its affiliates, Member FINRA/SIPC. Hawaii Community
few warning signs indicating that your personal Federal Credit Union; not a registered broker/dealer nor affiliated with LPL Financial.
information might have been stolen and utilized:
Not NCUA insured No Credit Union Guarantee May Lose Value
• Missing bills or statements. If you did not
receive an expected bill or statement by mail.
The Standard & Poor’s 500 Index is a capitalization–weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes
in the aggregate market value of 500 stocks representing all major industries. The Barclays Capital U. S. Aggregate Bond Index is a market-capitalization-weighted
• Unexpected charges. If there are charges index of investment grade bonds designed to measure performance of the broad domestic economy through changes in the aggregate market value of investment grade
you don’t recognize on your account, bonds traded in the U. S. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for
any individual. To determine which investments(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical
or transactions with vendors you don’t and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.
• Denied credit. If you are denied credit or
are offered less than favorable credit terms
2010 Youth Week:
for no reason.
Game on! “Get in the Savings Game,”
• Unsolicited credit cards. If you receive
credit cards that you didn’t apply for. April 19 to 24.
Calling kids all over the island! It’s time to “Get in the Savings Game” in 2010.
• Collection calls. If you get calls from
This April, during National Credit Union Youth Week, kids can compete for fun
creditors or debt collectors regarding
merchandise or services that you did and prizes, making deposits into their savings and then watching how fast
not buy. they grow. Of course, it’s also about the prizes! This year’s theme, “Get in the
Game” invites kids to enjoy saving money as much as they do playing games.
Experiencing one or all of these may In the past, we’ve given away Nintendo Wii sets, Gameboys and iPods. Visit our
mean your identity and/or credit Web site for more about the prizes and additional details about the promotion.
has been compromised. For a
small monthly fee, ITAC Sentinel
provides members three levels
of account monitoring. To learn
more, visit our Web site or call
Annual Meeting: Entertainment
930-7700. Dancing, singing, dining, winning. KAPA Hawaiian FM mid-day host
Ka‘ea Alapai will emcee our event, which showcases a fine group of Hawai-
Arnold Kanai supervises
ian musicians and dancers. Eddie Heaukulani performs during lunch while
marquee entertainer Lorna Lim will sing numbers from her new CD, Polinahe.
Performances will include those by Miss Kona Coffee 2010 Wikolia Enos and
Miss Aloha Hawaii 2010 Mahealani Nakaahiki. Featured hula soloist Michelle
Management at the
Kaulu Amaral and her lovely daughter Misti Manasas will grace the stage with
their breathtaking hula renowned throughout Hawaii.
this event is nearly always sold out, so get your tickets today!
Annual Meeting Ticket Prices: $20 Adults ages 13 years and older
Emcee Ka’ea Alapai is a mid-day host with Michelle Kaulu Amaral and her
$10 Children between the ages of 5 & 12 years KAPA Hawaiian FM. Also a kumu with Ke Kula Manasas are featured soloists a
No Charge Under 5 years old ‘o ‘Ehunuikaimalino- Hawaiian Language Coast, and are honored to shar
Immersion School, she endeavours to bring the Hawaii and of hula.
beauty of the Hawaiian culture to the world.
In the know:
Here are a few important notifications that
our members need to know about.
Funds Availability Policy (regulation CC).
Our general policy is to allow you to withdraw funds
deposited in your account on the first business day
after the day we receive your deposit. In some cases,
MoneyMix: we may delay your ability to withdraw funds beyond
Online financial planner. the first business day. Then, the funds will generally
be available no later than the ninth business day
A wealth of info for members 18 to 30. Another of our practical, interactive online tools that helps younger after the day of deposit.
members manage their finances, MoneyMix speaks their language with relevant information that addresses topics
unlawful internet Gambling (regulation GG).
of interest, including housing, borrowing, insurance, investing and more. Access MoneyMix on our Web site at
The Act prohibits any person engaged in the business
www.hicommfcu.com. Just a few of the site’s features include: of betting or wagering (as defined in the Act) from
• Streaming. Stream video, articles and blogs on a variety of financial topics. knowingly accepting payments in connection with the
• mymoneymix Profile. This feature allows you to create a personal profile complete budgets, checklists and participation of another person in unlawful Internet
other tools that help facilitate student or auto loans, long-term planning and ways to reduce spending. gambling. Such transactions are termed ‘‘restricted
transactions.’’ The Act generally defines ‘‘unlawful
• Credit. How to use—not abuse—credit.
Internet gambling’’ as placing, receiving, or otherwise
• Save. Learn how to save for big purchases and retirement. knowingly transmitting a bet or wager by any means
which involves the use, at least in part, of the Internet
where such bet or wager is unlawful under any
applicable Federal or State law in the State or Tribal
Puako Lunch Buffet lands in which the bet or wager is initiated, received,
Soup of the Day • Sliced Hawaiia or otherwise made.
n Fruits • Pineapple, Big Island
• Caesar Salad with Garlic Croutons • Trad Papaya and Oahu Melons
itional Caesar Dressing • Waipio non-Visa Pinless Debit transactions. You may
• Grilled Shrimp Sala • Fernshoot Salad
d Pasta Salad with Roasted Pep use your InstaCheck Visa Debit Card to initiate both
pers, Pine Nuts and Feta Cheese
From the Chafing Dishes : Visa debit transactions and non-Visa transactions
Sliced Teriyaki Tri-tip Sirloin with
Nut Crusted Chicken with Cabern Crispy Onions • Macadamia without using a personal identification number (PIN)
et Sauce • Steamed White Rice • to authenticate the transactions.
• Cheese Straws and Vegetable of the Day
(Story continued on back)
From the two Dessert Station
s: Apple Cinnamon Oatmeal Cris •
• Strawberry Cheese pe Haiku Lime Tarte
cake • Freshly Brewed Kona Ble
• Prince Selection of
nd Coffee, Decaffeinated Coffee
Teas, hot or cold • No Host Bar
daughter Misti Eddie Heaukulai’s soothing vocals will Lorna Lim’s beautiful voice, deep knowledge Miss Aloha Hawaii 2010 Mahealani Nakaahiki. Miss Kona Coffee 2010 Wikolia Enos.
along the Resort accompany the lunch buffet. of hula, and her connection to Hawaii Island’s
re their love of musical traditions place her among our living
treasures. We are honored to have her perform
at our meeting.
(Continued from inside)
To initiate a Visa debit transaction, you may sign a
receipt, provide a card number or swipe your card
through a point of sale (POS) terminal and choose to
route the transaction over a Visa network.
To initiate a non-Visa debit transaction, you may
enter a PIN at a point of sale terminal or, for certain
bill payment transactions, provide the account
number for an e-commerce or mail/telephone order
transaction after clearly indicating a preference to
route it as a non-Visa transaction. We have enabled
non-Visa debit transaction processing on the Star,
CO-OP, and Plus networks.
The rights and protections applicable only to Visa
Sales of new book helps debit transactions, including additional consumer
The Food Basket. liability limits and streamlined error resolution
procedures, as described in your Electronic Fund
As part of our ongoing social responsibility efforts, Transfers Agreement and Disclosure will not apply to
we are helping out The Food Basket by offering the transactions processed through non-Visa networks.
new, 256-page, coffee table book entitled “Big Island
Credit Card Act notification. Unless you tell
Journey.” A portion of the proceeds from sales of this
us otherwise, we will decline any transaction that
beautiful publication will go to this worthy community
causes you to go over your credit limit. If you want
organization. Featuring vintage images combined with
us to authorize these transactions, you can request
excellent storytelling, the book captures the history
over-the-credit limit coverage.
of Hawaii Island from early Polynesian settlement
through the 21st century. Regularly priced at $40, the If you have over-the-credit limit coverage and you go
books are available to the community for a special rate over your limit, we will charge you a fee of $20.00.
You will only pay one fee per billing cycle, even if you
of just $26. Enjoy reading about the history of Hawaii
go over your limit multiple times in the same cycle.
while knowing you are helping feed the hungry in our
community. Stop by any branch for details or visit our If you request over-the-limit coverage, in some cases
Web site for more information. we may still decline a transaction that would cause
you to go over your limit, such as if you are past due
or significantly over your credit limit.
Did you ch in If you want to authorize transactions that go over
tion of our Ke
During construc e temporarily your credit limit, please call us at: 808 930-7700 or
1972 , credit union iu. The sign toll free at 1-800-514-2328, visit our Web site or check
alley in Kainal
in the bowling t the the appropriate box on the Consent Form that was
housed ilding today, bu
can still be seen on the bu mailed to you and return the form to us at 73-5611
itself is long go
bowling alley Olowalu Street, Kailua-Kona, HI 96740. Please note:
For your convenience a separate notification has
Community Calender been mailed to you to authorize transactions that will
exceed your credit limit. Additional details are also
available on our Web site at www.hicommfcu.com.
monday, may 31 week of April 19-24
memorial Day national Credit union Youth week
Saturday, April 24 Saturday, April 17
monday, July 5 73rd Annual membership meeting 9th Annual Kona Chocolate Festival
independence Day observance & Luncheon & Symposium
Branches Closed Hapuna Beach Prince Hotel Sheraton Keauhou Resort & Spa