MoneyWisdom Blog

Why Are Credit Union Rates Better?

Posted by MoneyWisdom Newsletter on Jan 23, 2017 9:43:43 AM

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.

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Topics: Credit Unions, Hanscom FCU

A 20 Year Tradition Continues with our 2016 Loyalty Dividend

Posted by Patti Conty on Dec 23, 2016 2:53:58 PM

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.

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Topics: Credit Unions, Hanscom FCU

What is International Credit Union Day?

Posted by Hanscom Federal Credit Union on Oct 12, 2016 12:43:46 PM

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. 

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Topics: Credit Unions

Credit Unions: Your Strongest Advocate

Posted by MoneyWisdom Newsletter on Oct 6, 2016 7:12:36 AM

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.

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Topics: Chairman's Corner, Credit Unions

International Credit Union Day Celebrates The Authentic Difference

Posted by Hanscom Federal Credit Union on Sep 26, 2016 7:00:00 AM

On October 20, 2016, credit unions around the world will celebrate International Credit Union Day (ICU Day).

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Topics: Credit Unions, Hanscom FCU, Community

2 Ways Your Credit Union Can Help You Save Big This Summer

Posted by Hanscom Federal Credit Union on Jul 13, 2016 11:08:08 AM

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. 

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Topics: Credit Unions

Your Hanscom FCU Membership Saved You $644 This Year

Posted by Patti Conty on Mar 7, 2016 9:30:00 AM

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.

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Topics: Hanscom FCU Community, Credit Unions

Lessons Learned from a 40-year Credit Union Career

Posted by Patti Conty on Aug 19, 2015 2:03:30 PM

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.

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Topics: Credit Unions, Hanscom FCU, Community

Your Branch Network is Bigger Than Bank of America’s

Posted by MaryJo Kurtz on Jun 24, 2015 10:17:00 AM

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).

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Topics: Credit Unions, Shared Branch, Hanscom ATM

Never pay to access your cash.

Posted by Bill Burpeau on Jul 2, 2014 10:00:00 AM

Why did the ATM user cross the road? 

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Topics: Credit Unions

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