The Moneyhune Savings account is especially designed for keiki under the age of 18. It can be converted to a Statement Savings account when the individual turns 18 years old. We also have investment and savings accounts used for education. Speak to a Financial Advisor for more information.
You may make no more than six (6) transfer transactions per monthly cycle. These restricted transactions consist of transfers to third parties or another deposit account with us made by preauthorized or automatic transfers (including overdraft transfers), or telephone agreement (including data transmission), order, or instruction, such as using our telephone banking service or online banking, and transfers made by check, draft, point-of sale, or similar order payable to third parties. Payments to your loans with us and withdrawals or transfers made in person at ATMs or our branches do not count toward the six (6) transfer limit. If you exceed this limit on more than an occasional basis, we may freeze, close, and/or convert your account, transfer your funds to a transactional account, and/or charge you a fee. This applies to both business and personal accounts.
Interest is compounded daily and credited to your account monthly. If your account is closed or is transferred to a non-interest bearing account before interest is credited, you will not receive the accrued interest. If the interest amount calculated for the monthly cycle is less than half a cent, interest will not be paid.
For checking and money market accounts, a statement will be provided to you monthly. For savings accounts a statement will be provided to you at the end of each calendar quarter. You will receive an additional statement for any month in which you perform electronic fund transfers. If your savings account is part of the combined statement, a monthly statement will be provided instead of a quarterly statement.
A checking account is considered dormant at 12 months of inactivity and a savings account is considered dormant at 36 months of inactivity. While your account is dormant, you will not be able to access the ATM or use your debit card at point-of-sale (POS) terminals.
A checking account is considered dormant at 12 months of inactivity and a savings account is considered dormant at 36 months of inactivity. While your account is dormant, you will not be able to access the ATM or use your debit card at point-of-sale (POS) terminals.