Hawaii’s Largest Credit Union Appoints New CEO

Greg Young was appointed president/CEO of HawaiiUSA Federal Credit Union in Honolulu, the largest financial cooperative in the Aloha State.

He will succeed current HawaiiUSA FCU President/CEO Karl Yoneshige who is retiring. He joined the credit union in 1988 as a loan administrator and became CEO in 2002. During his executive leadership, the credit union grew its assets from $1.4 billion to $2.2 billion, while its membership expanded from 119,819 to more than 132,000.

Young has more than 23 years’ experience in the financial services industry and has held various executive positions.

He launched his career at the Federal Home Loan Bank in Seattle and later landed a job as a residential loan officer for the Bank of Hawaii. He also worked as a home loan consultant for Wells Fargo Home Mortgage. In 2007, Young was hired as a project manager for American Savings Bank and was promoted as a vice president retail credit risk analyst and then moved up as an operations excellence manager and later as a vice president and product manager for residential loans.

In 2019, he joined HawaiiUSA FCU as senior vice president of lending and was promoted to chief lending officer a year later.

“These are exciting times for our organization as our members and business partners adapt to the rapidly changing world around us, and we evolve to serve them. I look forward to Greg Young leading this great organization,” Yoneshige said.

HawaiiUSA’s 375 employees operate 15 branches.