Credit unions offer a slew of benefits – lower fees, fewer account rules, and a larger ATM network than other financial institutions. How do we do this? The answer is multifaceted.
In the last week of December, I take a break from my usual routine. There’s time for home-cooked breakfasts, afternoon tea, and long visits with family and friends. This quiet intermission before jumping into a busy new year is a gift I give to myself.
Hanscom FCU is giving gifts as well. For the 20th consecutive year, the board of directors has approved a Loyalty Dividend. On December 31, Hanscom FCU will distribute an extraordinary payment of 2% of dividends earned and interest paid on most consumer loans.
International Credit Union Day takes place on Thursday, October 20, 2016 to recognize the history and achievements of credit unions around the world. For more than 160 years, credit unions have put people before profit and demonstrated the power of a financial cooperative.
In the 1850s, hard times hit Germany, and people turned to each other for help. They removed small savings from under mattresses and started making reasonably priced loans to one another. These early credit unions were the model for all the credit unions that followed: not-for-profit, democratically controlled and community oriented. The principles that guided them then, guide credit unions today.
Topics: Credit Unions
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.
On October 20, 2016, credit unions around the world will celebrate International Credit Union Day (ICU Day).
Whether your plans include cruising the ocean or cruising down to the local pool, here are two suggestions to manage your finances while enjoying the season.
Topics: Credit Unions
Hanscom FCU members get the equivalent of $644 in direct financial benefits each year. In other words, when our members use Hanscom FCU instead of a local or national bank for loans, checking and savings accounts, credit cards, or a mortgage, they end up with more money in their pockets.
Last Friday I helped celebrate Tony Costa’s 40th work anniversary. Tony is a financial control specialist in the accounting department. You would think that is a solitary job — balancing the books, reconciling accounts, ferreting out errors, and so on.
You have bragging rights. As an HFCU member, you have access to thousands of Co-op Shared Branch locations across the US. In fact, your branch network includes 5,341 locations — nearly 100 more than the number of Bank of America branches (5,244).