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A Local Credit Union That Cares

Scholarship Program

It is our pleasure to announce the second year of Wailuku Federal Credit Union’s Scholarship Program. Education is a tool and resource that positively contributes to community development. Since our founding in 1955, we’ve been committed to making a positive difference in our community. Our scholarship is a way to give back to both our members and community.

We will award up to five (5) $2,000.00 scholarships to students who will be or are currently attending a fully accredited university, college or trade/vocational school in the upcoming school year.

Scholarship Eligibility

  1. Must be a member of Wailuku FCU in good standing for a minimum of three (3) consecutive months prior to the application deadline. Membership must continue at the time of scholarship award.
  2. Attending a fully accredited university, college, or trade/vocational school as a full-time student.
  3. Completed a minimum of 20 hours of community service within twelve (12) months prior to the application deadline.
  4. Demonstrate financial need.
  5. Submit a completed application by 11:59 PM HST on Wednesday, July 31st, 2024.

Submission Requirements

  1. Completed application.
  2. Five hundred (500) word or less essay that describes “How your education will make a positive difference in the community.”
  3. Official Transcript and Cumulative GPA.
  4. Student Aid Report (SAR)
  5. List of leadership roles, activities, achievements, awards and honors.
  6. Letter of recommendation(s) (optional).
  7. Must provide proof of enrollment or attendance.
  8. Photograph or headshot.

Selection Criteria

The Scholarship Committee will review and evaluate each application before final selections are made. All selected awardees are final. Selection criteria is based on the factors listed:

  • Demonstration of financial need.
  • Community Service- Based on community service to the community.
  • Merit- Based on essay.
  • Academic- Based on applicant’s transcripts.
  • Leadership- Based on leadership, school/employment activities, achievements, honors, and awards.
  • Recommendation(s)- Based on letter(s) of recommendation.
  • Preference given to first time applicants

How to Apply

Download and complete the application. Completed application, transcripts, letter(s) of recommendation, and proof of enrollment must be postmarked by 11:59 PM HST on Wednesday, July 31st, 2024 to:

Wailuku Federal Credit Union
Attn: Scholarship Committee
133 Ma’a Street
Kahului, Hawaii 96732

Completed applications can also be emailed to

Contact 808-244-7981 or email for details or questions.


Member in good standing - Member is current with all obligations outstanding with Wailuku FCU and has not caused the credit union a loss. Parental membership does not qualify applicant.

Full time student - A full time student is defined as undertaking 12 or more credit hours per semester or quarter.

I recently applied for a mortgage loan at Wailuku Federal Credit Union. The employees there were very helpful and knowledgeable and answered all of my questions. Without their help I would not have been able to purchase my home. I highly recommend seeing them for your financing needs.
-Lance B.