2013 Hawaii Revised Statutes
TITLE 22. BANKS AND FINANCIAL INSTITUTIONS
412. Code of Financial Institutions
412:10-801 Purposes.
§412:10-801 Purposes. The purposes of the corporate credit union are to:
(1) Accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;
(2) Act as an intermediary for credit union funds between members and other corporate credit unions;
(3) Obtain liquid funds from other credit union organizations, financial intermediaries, and other sources;
(4) Foster and promote in cooperation with other state, regional, and national corporate credit unions and credit union organizations or associations the economic security, growth, and development of member credit unions; and
(5) Provide payment systems and correspondent services to its members. [L 1993, c 350, pt of §1]
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