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Hawaii has a state credit union statute, but currently no state-chartered credit unions. Please visit one of our other states for the latest news on the state credit union system.


Carol Marx Named Hawaii Credit Union League President/CEO

April 06, 2022 – Marx brings over 30 years of financial services industry experience to Hawaii’s credit union movement.

Carol Marx259 CopyThe Board of Directors of Hawaii Credit Union League is pleased to announce the hiring of Carol Marx as President/CEO of the state’s credit union trade association. She takes over the leadership position vacated by the retirement of former President/CEO Dennis Tanimoto.

Carol Marx achieved successive leadership positions in Hawaii’s financial services industry. She most recently worked as Sr. Vice President, Retail Sales Manager for the Mortgage Banking Division at Bank of Hawaii. Marx previously worked at Bank of America (Inter-Island Home Loans, Branch Manager and Joint Venture Manager), First Hawaiian Bank (VP, Mortgage Banking Department Manager) and Pioneer Federal Savings Bank (VP, Marketing & Public Relations; Branch Manager).

“The credit unions of Hawaii provide their members with excellent services and execute their missions to serve those in their charter, some for over 80 years now. I will move forward with the Hawaii Credit Union League’s staff and Board of Directors to continue to support the members of this Trade Association, representing Hawaii.”

Carol Marx earned a Bachelor of Business Administration in Finance from the University of Hawaii at Manoa. She has served in many community leadership positions including President for Hawaii HomeOwnership Center, Mortgage Bankers Association of Hawaii, and Soroptimists International of Waikiki Inc.

“The Hawaii Credit Union League looks forward to an exciting new era under the leadership of Carol Marx,” said Hawaii Credit Union League Board Chairman Clayton Fuchigami. “We are very fortunate to have secured someone with an extensive background in financial services, management, and volunteerism. In her role, she will provide the strategic leadership, advocacy, and support necessary to rally our credit unions to unified success.”


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