---
title: "Credit Unions: Your Strongest Advocate"
description: "We are proud of Hanscom FCU’s 63-year tradition of providing superior financial service responsive to members’
needs."
image: https://go.hfcu.org/hubfs/images/mwisdom_blog/fall16_creditunions2.jpg
---

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# Credit Unions: Your Strongest Advocate

** [MoneyWisdom Newsletter](https://go.hfcu.org/blog/author/moneywisdom-newsletter) ** Oct 06, 2016

![Happy couple at a credit union](https://go.hfcu.org/hubfs/images/mwisdom_blog/fall16_creditunions2.jpg)

We are proud of Hanscom FCU’s 63-year tradition of providing superior financial service responsive to members’ needs. Our sole purpose is to help you live a better life and help our community prosper.

Those of you who already belong to a credit union know the power of cooperative organization. However, too many others are not aware of the credit union difference. The time to spread awareness is now, and you can help.

The Credit Union National Association, our trade group, has developed an awareness initiative that identifies the four key differences between credit unions and all other financial institutions. With support from credit union members around the country, we are using these statements to bring more members into the credit union movement.

1. **Credit unions are different from banks. **We are owned and controlled by the people who use our services. The cooperative structure of credit unions creates a cycle of mutual assistance toward the common goal of the financial well-being of members.
2. **Credit unions are not-for-profit, unlike Wall Street. **We exist solely to serve members, not to earn profits or satisfy stockholders.
3. **Credit unions are member-owned, like Main Street. **Our purpose is to improve all members’ personal finances with well-priced loans and higher rates on savings.
4. **Credit unions return earnings to members. **Hanscom FCU has returned funds through annual loyalty dividends and loan rebates, as well as keeping loan rates low, savings rates high and reduced fees.

These messages have a proven ability to change behaviors and encourage people to join a credit union.

 

** [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance)

[**

 Paper Checks a Pain? Use EasyDeposit for Fast Relief! 

](https://go.hfcu.org/blog/paper-checks-use-easydeposit-for-fast-relief) [**

 How does my credit score affect my mortgage application? 

](https://go.hfcu.org/blog/bid/149497/how-does-my-credit-score-affect-my-mortgage-application)

### About Author

![Default Author Image](https://cdn2.hubspot.net/hubfs/476360/Blog%20Template/Images/default-author-thumbnail.jpg)

MoneyWisdom Newsletter

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The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site.

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The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site.

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The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site.

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