Kelvin YS Chun
MagiKel MagiChun - Honolulu, Hawaii

picture HawaiiUSA FCU Board of Directors

February 2021: Retired Board of Director
2001 - 2021: HawaiiUSA FCU Committee Volunteer

Industry: Banking & Financial Services
Duties/responsibilities: To set direction for and control the credit union, making sure it is operated in a sound and prudent manner and that all decisions are guided by the best interests of the members.

About HawaiiUSA FCU

HawaiiUSA Federal Credit Union is a not-for-profit federally insured financial cooperative owned and operated by our members. Chartered in 1936, we serve individuals in the field of education including employees, retirees, students and their parents of Oahu schools except secondary schools in Honolulu.

Vision Statement:

HawaiiUSA will be recognized as the "Life matters" organization that makes financial dreams come true.

Mission Statement:

HawaiiUSA improves our members' lives through our "Life matters" commitment.

Core Values:


At HawaiiUSA Federal Credit Union we are joining together to make

a positive difference in people’s lives. Our Core Values guide the way we make decisions.

Honor: Value the individual. Treat each person with dignity. Strengthen relationships with enthusiasm, energy and compassion.


We are trusted; we do what we said we would do

We are respectful and honest in every business and interpersonal dealings
We consider the impact on others; we make decisions based on what’s best for the members, the organization, and our teammates

Innovation / Continuous Improvement: Be flexible, seek new and better ideas. Embrace change, creativity, and innovation to respond to opportunities.


We support and work with others until the goal is achieved
We collaborate to resolve conflict and create win-win relationships

Share one vision. Earn the trust of others through honesty, fairness, and professional conduct.

We bring to life our organization’s vision and culture of helping one another

We support and work with others until the goal is achieved
We collaborate to resolve conflict and create win-win relationships

Share one vision. Earn the trust of others through honesty, fairness, and professional conduct.


We create a positive impression/outcome during each interaction

We build strong member confidence and satisfaction

Our members and employees find value in interacting with us

Build lifelong relationships through caring genuine hospitality, and superior service. Provide members extraordinary value.


We are true to our profession and continuously seek to renew our skills and knowledge level

We are responsible and strive for personal accountability for results

We are resilient; we overcome obstacles, changes, and challenges

HawaiiUSA’s mission is to be the primary provider of financial services to our members.

Our Board of Directors and staff pledge to achieve this goal through a total commitment to service excellence.
We will maintain financial strength and stability to support growth and to provide diverse services to our members.

Member deposits are insured up to $250,000 by the National Credit Union Administration.

Credit Union History

This is a common question with a not-so-common-knowledge answer. Credit unions are not-for-profit financial institutions, owned by their members. Members pool their money for the credit union to lend to other members. Profits earned are returned to members in the form of lower fees, higher dividends, and/or other benefits. Hence, the credit union motto, “People helping people.” 

HawaiiUSA has been living this motto for 80 years. From our roots as Oahu Teachers No. 3 Federal Credit Union serving Hawaii Department of Education employees, retirees, students, and their parents, to the many businesses and associational groups we welcome today, helping people is simply what we do; or shall we say, it’s what all of you – our members – do!

HawaiiUSA Federal Credit Union has been providing financial services to our members for over 80 years.
In 1936, teachers and principals on the Island of Oahu bonded together to form three credit unions based on grade levels that took advantage of the new federal regulations enabling organizations with a common bond to form credit unions.

Our Credit Union opened its doors on November 6, 1936 as Oahu Teachers No. 3 Federal Credit Union. Our field of membership was comprised of elementary school teachers of schools in the Honolulu District, as well as teachers of schools of all grade levels in what was then called “rural” Oahu. Over the years, our credit union benefited from the tremendous growth of population and the corresponding expansion of the school system in the Leeward, Central and Windward districts.

Our credit union ended its first year of operation with 138 members and assets of $4,499. We have since grown into the largest credit union in Hawaii by asset size of more than $1.5 billion, and is also the largest credit union by membership with more than 131,000 members being served through 14 branch locations on the islands of Oahu and Maui.

The membership has changed to include not only teachers, but also principals and other school employees such as secretaries, counselors, cafeteria workers, volunteers and janitorial staff. Employees of all schools (not only elementary) outside the Honolulu school district as well as students and parents are eligible to join. In 1971, our name was changed to Oahu Educational Employees Federal Credit Union.

For many years, the membership remained predominately teacher and school oriented, providing a stable yet maturing membership base. There were several amendments to our charter expanding the field of membership to its current approved position, which include 5,800-plus Select Employee Groups (SEGs). A significant membership amendment occurred when the definition of immediate family member was revised to include those living outside of the household.

On February 23, 2000, the Board of Directors approved to change our name to HawaiiUSA Federal Credit Union. This process of a name change was important not only to accurately reflect the changes in our membership but also to gain a marketing advantage for membership expansion. Although our core membership and focus remains with the educational community, the passage of legislation by Congress allowed HawaiiUSA FCU to aggressively seek membership expansion through Select Employee Groups. After months of planning and pre-notifications, the conversion to our new name was completed on July 1, 2000. Our new name better depicts our current field of membership and lays the foundation to provide service to our members statewide and possibly nationwide.

Board of Directors:

assume fiduciary responsibility,

do not receive compensation,

and may require many hours of time commitment.

Some of the skills and competencies needed are:

Ability to understand and appreciate the Mission of HawaiiUSA and needs of its members;

Independent-minded to advocate for the members’ best interests;

Financial literacy encompassing a working familiarity of basic finance and accounting practices and procedures;

Risk Management experience in evaluating the opportunities and challenges of HawaiiUSA in the financial services industry;

Governance experience to lead HawaiiUSA in its Life matterscommitment; and

Diplomacy and strong network of community contacts.

I would like to serve as a Board of Director to represent our members, to promote the "Life Matters" concept, and be a visionary to strategically plan for the future.

As a lifelong educator, I believed in "ikigai." Everyone has an ikigai which is essentially waking up every day and enjoying life. I have taught my students valuable life lessons and promoted this lifelong concept. These concepts were instilled by my parents, teachers, and mentors. In fact, my parents believed in the credit union concept and started my account in 1961 (Hawaii State FCU), and 1979 (Pearl Harbor FCU). I joined HawaiiUSA FCU in 1991 as an educator.

I have volunteered as a Board of Director (since 2014) and on the following committees (since 2001): Scholarship, Technology, Golf, Annual Banquet, Strategic Planning, Personnel, Loan Policy and Review, Governance, and Asset-Liability.

My background in Business Administration, Secondary Mathematics, Educational Technology and professional development activities have advanced my understanding of issues affecting our credit union. I have kept abreast of the latest global, financial, and technological developments.

I have completed numerous certification programs from both National Association of Federal Credit Union and Credit Union National Association, Inc. From daily operations to board governance, my ability to understand and analyze issues is critical. The Board of Directors work in partnership to strive for excellence. I am committed to the credit union industry and appreciate the opportunity to serve its members by providing superior financial products and services. Thank you for your support.

Employment History:
1. 01/1984 - 07/2014

Elementary Educator: Nuuanu Elementary School, Waialae Elementary School, and Pohakea Elementary School

Technology Resource Teacher, Multimedia Learning Center Facilitator and Librarian

Secondary Educator: Moanalua High School, Waianae High School, Pearl City High School, and Waialua High and Intermediate School

Secondary Mathematics and Computer Science Teacher

2. 09/1992 - 06/1995: Leeward District, Campbell Complex District:

Technology Resource Teacher

3. 08/1990 - 06/1991: Office of Instructional Service, General Education Branch

State Educational Officer: Educational Specialist II - Computer Education

4. 09/1980 - 12/1980: University of Hawaii, Central Accounting:

Accountant Assistant

Degrees, Certifications, Significant Awards:
1. Degrees:


University of Hawaii College of Education, Master of Education (M. Ed.)

Major: Educational Technology


College of Arts and Science, Graduate Certificate

Major: Telecommunication Information Resource Management (TIRM)


Leeward Community College

Associate in Science degrees

Major: Accounting and Information and Computer Science

12/1983: College of Education, Professional Diploma (PD)

Major: Secondary Education - Mathematics

05/1982: College of Business Administration

Bachelor of Business Administration

Major: Business Economics & Quantitative Methods

2. Certifications:

06/2016: Computer Education K-12, Mathematics 7-12

Hawaii Teacher Standards Board

Credit Union National Association

Certified Credit Union Volunteer (CCUV)

09/2015, 08/2017: Board of Directors Certificate

06/2015, 07/2017: National Association of Federal Credit Union

Certified Volunteer Expert Course

08/2009: Elementary K-6, Economics K-12, Mathematics K-12

Certificate of NCLB (No Child Left Behind) Highly Qualified Teacher

3. Significant Awards:

08/2017: University of Hawaii, Department of Learning Design & Technology

Distinguished alumni

02/2016 Moanalua High School

Kinaole Award

09/2016: Hawaii Credit Union League and the Credit Union National Association, Inc.

Pakela Award for Educational Achievement

06/2006: Institute of International Education

Japan Fulbright Memorial Fund Teacher - Hawaii Representative

01/2003 Classroom Connect

Internet Educator of the Year Finalist

12/2002: Technology and Learning Magazine

National Ed Tech Leaders of the Year

10/2000: USA Today

All USA Today 2000 First Teacher Team

08/1999: Disney American Teacher Award

Disney Award: Honoree: Elementary Specialist: Technology

05/1999: Department of Education, Honolulu District

Year 2000 Teacher of the Year

Volunteer or Community Involvement Activities:

1. Hawaii USA Federal Credit Union Volunteer

05/2014 - 02/2021: Board of Director

02/2016-02/2017: Board of Director Vice Chair

02/2001 - Present: Committtee Volunteer:

Committees: Scholarship, Workforce, Strategic Planning, Technology, Golf, Annual Banquet, Personnel, Loan Policy and Review, Governance, and Asset-Liability

2. STEM (Science, Technology, Engineering & Mathematics) Educational Presenter & Facilitator

1991 - Present:

Hawaii Council of Teachers of Mathematics, National Council of Teachers of Mathematics, Hawaii Department of Education, Kamehameha School, Pacific Aviation Museum, Japan American Museum, and University of Hawaii Outreach College

Workshop and Conference Presenter of Mathematics, Magic, Robotics, Multimedia, Technology, Balloons, Kites, Career, and Ikigai

3. Magician And Entertainer

1995 - Present:

International Brotherhood of Magicians, Society of American Magicians, Fellowship of Christian Magicians, Texas Association of Magicians, and Pacific Association of Magicians

Conference Presenter and Performer

4. Director

2014 - Present:

See Dai Doo - Chinese Organization

HawaiiUSA FCU or other Financial Institution Experience/Training:
1. Hawaii USA Federal Credit Union Volunteer:

05/2014: Present: Board of Director

2016-2017: Board of Director - Vice Chair

2001 - Present: Commitee Volunteer:

Committees: Scholarship, Workforce, Strategic Planning, Technology, Golf, Annual Banquet, Personnel, Loan Policy and Review, Governance, and Asset-Liability

Professional Development:
Today’s credit unions demand board members make strategic, effective decisions. The board must regularly review to ensure the board and credit unions operate at the highest levels.

2. Course Certification

Hawaii Credit Union League and the Credit Union National Association, Inc.:

09/2016: Pakela Award for Educational Achievement

09/2015, 08/2017: CUNA (Credit Union National Association)

Volunteer Certification Program

Areas of Study:

- Safety and Soundness

- Governance

- CEO Oversight

- Board Operations and Development

- Strategic Planning

CUNA Volunteer Achievement Program

09/2015: Thomas Doig Certificate and Pin: 48 VAP courses completed including the prerequisites V01, V02 and V03

09/2015: Strategic Planning Certification

09/2015: Governance Certification

09/2015: CEO Oversight Certification

09/2015: Board Operations & Development Certification

09/2015: Safety and Soundness Certification

09/2015: Regulatory Compliance Award

09/2015: Credit Committee Award

09/2015: Dora Maxwell Certificate and Pin: 42 VAP courses completed

09/2015: Louise Herring Certificate and Pin: 36 VAP courses completed

09/2015: Alphonse Desjardins Certificate and Pin: 30 VAP courses completed

09/2015: Roy F. Bergengren Certificate and Pin: 24 VAP courses completed

09/2015: Friedrich Raiffeisen Certificate and Pin: 18 VAP courses completed

09/2015: Credit Union Services Award

09/2015: Supervisory Committee Award

08/2015: Board of Directors Award

08/2015: Board Financial Literacy Certificate

08/2015: Credit Union Leadership Award

National Association of Federal Credit Union

06/2015, 07/2017: Certified Volunteer Expert Course

Certification: Governance

Certification: CEO Oversight

Certification: Board Operations and Development

Certification: Strategic Planning

3. Conferences, Workshops, and Courses

2014 - 2021: Hawaii Credit Union League Convention, Directors and CEOS Leadership Convention, CUNA Conference, NAFCU Conference, CU Conference, and International Summit of the Cooperatives

06/2014: Accounting & Risk Seminar, Waialae Country Club/ Kwock & Company CPAs. 06/2014: Watchdog Mini Series #18: Strategic Planning,Waialae Country Club/ Kwock & Company CPAs 04/2008: Internet and Computing Core Certification (IC3), Certiport.

03/1993: Facilitative Leadership, Interaction Associates Seminar