The Hawaii league shared this piece of history: The first credit union in Hawaii was formed by a group of Big Island teachers who pooled $30 to form the Big Island Educational Federal Credit Union, which was federally chartered in April 1936.
The credit union's "office" was Archie Jackson's house. Since the credit union served members all over the Big Island, Mr. Jackson found himself taking many trips to Kona, Puna and other communities in the 4,015-mile area around the island. "A number of times, some teacher in Kona, Ka'u, or Kohala would call and say he needed money promptly," Mr. Jackson wrote in a 1980 article shortly before his death. Traveling long distances to service the members became a family affair for Mr. Jackson. "When we could, I'd pile the family in the car and we'd make a picnic out of it."
