SAVINGS AS IT SHOULD BE
Pearl Hawaii offers a suite of Savings Accounts created to help you make your long-term financial dreams a reality. Financial security is something you prepare for. To ensure you get to where you want to go, you need a partner that provides you with pathways to achieve your goal.
Our traditional savings account means you can also accomplish other financial goals. We’re proud to be a full-service credit union that’s still got that local charm. Hopefully, you can start your journey with us and we’ll take a ride together.
- Get started with just $5.00
- Required to establish membership.
- Free online banking and more.
- Earn competitive interest
- Open other Pearl Hawaii accounts
HIGH-YIELD SAVINGS ACCOUNT
If you are a Cash or Cash Back Checking member, you are eligible to open an exclusive account. With our Kasasa Saver® account, you can earn an additional 0.75% APY*.
BENEFITS OF THIS HIGH-YIELD SAVINGS ACCOUNT
- Monthly Service Fee | None
- Minimum Balance | None
- 0.75% APY* up to a Balance Cap of $20,000 (If Account** Requirements Are Met)
- Earn a Base Rate of 0.05% APY* (If Account** Requirements Are Not Met)
SAVE BIG, DREAM BIGGER
JUMBO SAVINGS ACCOUNT
Saving up for a down payment? Getting ready to buy a car with cash? This savings account earns a bigger-is-better rate, but you’ll still have access to your money whenever you need it.
- Open with as little as $2500
- Save more with zero monthly fees
- Manage your money from anywhere
SAVINGS FOR CHILDREN
MOMI’S MONEY* SAVINGS ACCOUNT
From little red envelopes on Chinese New Year to their first allowance, this account is perfect for teaching keikis 12 and under to save.
PENNIES ADD UP
Whether it’s a birthday card from nana, a chore allowance, or tooth fairy visits, your kids will want to keep their treasure safe. A Momi’s Money Savings Account*** is a perfect way. It might surprise them to watch their money grow when they add it to a savings account.
- From birth to age 12
- Start with as little as $5
- Includes a free money bank upon account opening
- Eligible* for a free birthday gift each year or special giveaways during the year
- Comes with free coin sorting services (up to $200 per day)
A STRESS-FREE HOLIDAY?
HOLIDAY SAVINGS ACCOUNT*
Avoid the stress that comes with the holiday season and open up Pearl Hawaii’s Holiday Savings account. With a Holiday Savings account, you can save during the year and avoid debt during the holidays.
GET STARTED WITH $5
With a minimum opening deposit of $5, start saving for the holidays now by setting up monthly deposits into your Holiday Savings account. On November 1st, we will deposit your savings plus the interest you earned into your Checking** account. You can start your holiday shopping with cash in hand. It’s the perfect way to prep for your gift-giving and holiday needs.
Features of a Holiday Savings Account
- Earn 0.20% APY**** while you save
- The minimum balance for interest earnings is only $5.00
- Open any time of the year
- Automatically transfers into your account on November 1st
- Monthly Account Service Fee | None
- Early Closure Penalty | None
- Deposit Limit | None
A SMART WAY TO SAVE MONEY
SECONDARY SAVINGS ACCOUNT
Our Secondary Savings Accounts are a perfect way to save for planned expenses like vacations, your next car, your baby’s first birthday, graduation, medical bills, and more.
SECONDARY SAVINGS ACCOUNT FEATURES
- Minimum amount to open | $0.01
- Minimum balance to maintain | $0.01
- Fees: none
Account Minimum Balance APY* Regular Savings $5.00 0.10% Open Jumbo Savings $5.00 | $2,500 to earn advertised APY 0.20% Open Holiday Savings** $5.00 0.20% Open Secondary Savings $5.00 0.10% Open Momi's Money (Children's Savings) $5.00 0.10% Open
*Annual Percentage Yield. Rates are subject to change without prior notice. Savings Rates and terms effective June 3, 2021. Fees could reduce the earnings on the account.
**Annual Percentage Yield. Deposits can be made to this account between November 1st and October 31st of each year. On November 1st, funds in the account will be transferred to the member’s checking or savings account (if checking is not available). $5.00 minimum balance to open and earn APY. There is a $5.00 fee per withdrawal. Fees could reduce the earnings on the account. Federally insured by NCUA.
ARTICLES TO GET YOU STARTED
- Practice Better Money Habits
- Create a Budget
- Trim Your Budget
- Out of Work?
- The Upside of Frugality
- The Rule of 72
Annual Percentage Yield. Rates are subject to change without prior notice. Savings Rates and terms effective June 3, 2021. Fees could reduce the earnings on the account.
* Annual Percentage Yield. Balances up to $20,000 in your Kasasa Saver account receive a 0.75% APY. Balances over $20,000 earn 0.25% APY, resulting in a range from 0.75% to 0.33% APY, dependent on the account’s balance. When account qualifications are not met, all balances in a Kasasa Saver account earn 0.05% APY and ATM fees are not reimbursed.
When linked to the Kasasa Saver account, the interest earned within the linked Kasasa Cash account do not compound since it is automatically transferred to the Kasasa Saver account. The actual interest amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY if the advertised APY is represented without a linked Kasasa Saver account. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings.
Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. Federally Insured by NCUA. Kasasa Terms & Conditions
**Kasasa Cash or Kasasa Cash Back
Momi’s Money | Children Savings Account
***Please bring your child’s social security card when opening the account. Opening/minimum balance is $5.00. Certain conditions and restrictions may apply. Must be aged birth to 12 and have an authorized adult to participate. Accounts that have an average daily balance of $500 or more are eligible for a birthday gift. Coin sorting services are waived if deposited into the child’s account up to $200 per day. An adult (the account owner) will be responsible for all transactions, fees, and overdrafts that occur; and must be a PHFCU member.
This club was created to teach children the value of saving money and rewarding them for goals met. On occasion, parents like to deposit large sums of money for their children. Unfortunately, this does not teach them the value of money or how to save. For larger amounts, we strongly suggest also opening a Jumbo Savings Account or a Coverdell Education Savings Account with/for your child.
Holiday Savings Account
****Annual Percentage Yield. Deposits can be made to this account between November 1st and October 31st of each year. On November 1st, funds in the account will be transferred to the member’s checking or savings account (if checking is not available). $5.00 minimum balance to open and earn APY. There is a $5.00 fee per withdrawal. Fees could reduce the earnings on the account. Federally insured by NCUA.