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Treasury awards $1.2M in Native Hawaiian capital

Associated Press

LAST UPDATED: 12:37 p.m. HST, Sep 19, 2013

The U.S. Treasury Department has awarded $1.2 million to two Hawaii credit unions for financial assistance awards for Native Hawaiians.

U.S. Sen. Brian Schatz said today the awards will give better opportunities, security and stability to Native Hawaiian families.

Queens Federal Credit Union will get $659,000 while Hawaii First Federal Credit Union will get $524,000 for fiscal 2013.

The awards are part of an assistance program geared toward Native Americans.

Treasury officials say the awards help people who often don't have access to traditional banking.

Individual awards come as loans, grants, investments and deposits.

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8082062424 wrote:
this will bring the haters out
on September 19,2013 | 01:17PM
what wrote:
Huh? This grant is to remedy that Native Hawaiians don't have access to traditional banking? Seems to me they have all the access to banking that any red-blooded American has. Sounds like a hand out to me.
on September 19,2013 | 01:36PM
grantos wrote:
how do green blooded americans do their banking?
on September 19,2013 | 02:43PM
Mythman wrote:
You must not have read the "Native American" part of the story, Mr. Watt or did your bias not see it?
on September 19,2013 | 02:53PM
entrkn wrote:
Thinking the same thing... and anyone saying they are native Hawaiian are already getting more breaks on everything than anyone else.
on September 19,2013 | 04:04PM
DiverDave wrote:
More money thrown to the wind by Dem victimizers like Schatz. Don't other people in Hawaii need help too? Oh well, an election is coming up. He has to buy as many votes as he can with the tax payer's money.
on September 19,2013 | 01:27PM
8082062424 wrote:
did not take long now we need your pal KK and allie
on September 19,2013 | 01:33PM
8082062424 wrote:
seems native Americans have this program too
on September 19,2013 | 01:46PM
hanalei395 wrote:
Amerian Indian DiverDave would say ...."So what?".
on September 19,2013 | 05:04PM
Mythman wrote:
Buy tax payer votes - you mean like Inouye did for 50 years and his crew are still doing in support of Cong Hanabusa's election bid for his senate seat, which Brian holds right now.....Dan brought home 12 billion, that's with a b since the CETA Act started the ball rolling and until Rice ended that particular form of the gravy train.
on September 19,2013 | 02:55PM
salsacoquibx wrote:
Cmon who will this money really go to? Free Money...Well its better than it going to Syria for so called aid..
on September 19,2013 | 02:38PM
Mythman wrote:
Drop in the bucket while the ali'i trusts have BILLIONS AND BILLIONS AND BILLIONS to build HIGH RISE CONDO TOWERS. That isn't "hate" it's a cruel, hard fact of life.......
on September 19,2013 | 02:52PM
tutulois wrote:
My brother was a pastor for many years on the Waianae coast, and he often tried to help parishioners who had jobs, sometimes two jobs, and were reliable people but were unable to get loans from banks. Usually, even with his and other good references, traditional bankers turned them down, even when the loan was for something like schooling that would help them get a better job. Many people are left out of "traditional banking," and I hope this will help. Kudos to Schatz!
on September 19,2013 | 02:53PM
8082062424 wrote:
well said
on September 19,2013 | 03:04PM
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