Hawaii credit union gives ‘green’ discounts
Aloha Pacific Credit Union has become the first financial institution in Hawaii to introduced a loan program to help drivers become sustainable.
The credit union’s Go Green Auto Loan gives discounts for vehicles that are labeled "hybrid" or have at least 25 miles per gallon. Annual rates are 4.4 percent, and further discounts are given based on payment plans.
"In the face of rising gas prices, this program is one way to help our members meet this challenge," said Wallace Watanabe, president and CEO of Aloha Pacific, the first credit union in Hawaii to offer green-car incentives.
Aloha Pacific FCU is the third largest credit union in Hawaii with more than $450 million in assets.
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