HONOLULU, Hawaii—The $2.4-billion Hawaii State Federal Credit Union here plans to merge with local $55-million HMSA Employees’ FCU, Maui Now reported.
“This merger is a significant step forward for both Hawaii State FCU and HMSA EFCU, combining our strengths to better serve our members and communities,” Andrew Rosen, president and CEO of Hawaii State, stated in the Maui Now report. “HMSA EFCU has a proud history, and together, we’ll ensure their members continue to receive personalized care while gaining access to enhanced products and services. We’re excited to welcome HMSA EFCU members into our family.”
The merger is expected to be completed in 2025, HSFCU said.
“HMSA EFCU has always been dedicated to personalized service, and this merger opens the door to even greater opportunities, “said Gloria Omandam, director at HMSA EFCU. “By partnering with Hawaii State FCU, our members will benefit from a wider range of financial services, innovative digital tools, and a larger network of branches, all while maintaining the personal, community-focused experience they’ve come to expect. We’re excited for the future as part of this united credit union.”