Haw. Code R. § 16-31-1
As used in this chapter:
"Commissioner" means the commissioner of financial institutions of this State.
"Credit union" means a cooperative, nonprofit association, chartered under chapter 412, Hawaii Revised Statutes, for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, and providing an opportunity for its members to use and control their own money to improve their economic and social condition.
"Risk assets" means all assets except the following:
(1) Cash on hand;
(2) Deposits or shares in federally or state-insured banks, savings and loan associations, and credit unions;
(3) Assets which are insured by, fully guaranteed as to principal and interest by, or due from the United States government, its agencies, the Federal National Mortgage Association, or the Government National Mortgage Association;
(4) Loans to other credit unions;
(5) Loans to students insured under the provision of Title IV, Part B of the Higher Education Act of 1965 ( 20 U.S.C. 1071 et seq.) or similar state insurance programs;
(6) Loans insured under Title I of the National Housing Act ( 12 U.S.C. 1703 ) by the Federal Housing Administration;
(7) Shares or deposits in central credit unions;
(8) Common trust investments which deal in investments authorized by the Federal Credit Union Act;
(9) Prepaid expenses;
(10) Accrued interest on nonrisk investments;
(11) Furniture and equipment; and
(12) Land and buildings owned by the credit union.
Haw. Code R. § 16-31-1