HawaiiUSA Federal Credit Union CEO Karl Yoneshige to retire next year

on "September 23, 2020 10:27 am"

HawaiiUSA Federal Credit Union’s President and CEO, Karl Yoneshige, announced his plans to retire in 2021. The Board of Directors of HawaiiUSA FCU hired D. Hilton Associates to conduct a nationwide search to find its next president and CEO.

Karl Yoneshige“The Board would like to sincerely thank Karl for his significant contributions to HawaiiUSA Federal Credit Union over the past 32 years. Karl dedicated much of his professional career to leading the credit union to its current success and growth and we are immensely grateful. As a credit union we have achieved significant milestones, including holding the position of largest credit union in Hawaii,” said HawaiiUSA FCU Chairman Harlan Kimura. “We wish Karl all the best in his well-deserved retirement.”

Yoneshige is retiring after more than 40 years in the financial services industry. He spent the first ten years of his career at First Interstate Bank of Hawaii, which later merged with First Hawaiian Bank. Yoneshige joined HawaiiUSA FCU in 1988 as loan administrator, before being promoted to executive vice president in 1990, and finally moving into the CEO role in 2001. During his tenure as president/CEO, HawaiiUSA FCU went from $400 million in assets with 69,000 members to almost $2 billion in assets and over 130,000 members.

“I have had an immensely fulfilling career at HawaiiUSA FCU and am proud of the many accomplishments we have achieved at the credit union over the last 30 years,” Yoneshige said.  “It has been a privilege to lead this credit union and serve the community, ensuring that we provide our members with affordable products and help them towards their financial goals. Working with the board of directors and the wonderful employees of the credit union is an experience I value greatly and will miss everyone upon my retirement.”