News and views happening now at HFCU.
Hanscom FCU was recently recognized by the Marketing Association of Credit Unions with a silver MAC Award for community engagement.
Hanscom Middle School student writes winning essay with financial advice.
Sandy Imbrogna, training specialist at Hanscom FCU, was honored with the Sandra C. Labaree Volunteer Values Award from the New England Division of the American Cancer Society.
Chairman of the Board Paul Marotta is the 2017 Volunteer of the Year for the National Association of Federally-Insured Credit Unions.
Lola Johnson, manager of Hanscom FCU’s member relations center, was named a Credit Union Rising Star for her contributions to the credit union movement.
Chairman of the Board Paul J. Marotta reported that the credit union had a financially solid year.
Hanscom FCU celebrated its new branch in Billerica with a ribbon-cutting ceremony.
Hanscom FCU celebrated another strong year of community support, announcing nearly $200,000 in gifts to local nonprofits in 2016.
Seven high school seniors received college scholarships at the annual meeting.
Hanscom FCU members and staff donated 2,054 books for children in need.
What is a secured credit card? The term “secured” simply means that you have collateral behind a loan. If you borrow money for a mortgage or home equity, your house is the collateral. If you borrow money for a car, the car is the collateral. If you fail to make your payments, the lender can take possession of the collateral to satisfy the debt. With a secured credit card, the amount of your credit line is secured against funds in your share savings account. Read more to see if this is a good option for you.
Ever notice how your monthly expenses always seem to equal whatever salary you’re making, even after you get raises? The phenomenon is called “lifestyle creep” and it can keep you from reaching all kinds of financial goals, from paying down debt, to saving for retirement. One way to get lifestyle creep under control is to have any future raises you get direct deposited into savings – like a 401(k) account through your employer, or an Individual Retirement Account (IRA). But here are five things you can do right now to cut your monthly expenses.
When you visit a beautiful vacation destination, have a wonderful time, and plan to return again and again, you may dream of owning a home there. However, for many, a vacation home – with the big down payment, monthly mortgage, and ongoing maintenance costs — just isn’t in the budget. An alternative many people consider is a timeshare, which can seem like a cost-effective alternative to hotel stays. However, as with any major purchase, a lot of careful research should go into deciding whether or not a timeshare is the right choice for you. Here are four questions to consider before buying a timeshare.
The freshness of spring motivates a lot of people to throw open the windows and doors, and do a thorough spring cleaning. It’s a great way to take stock of what you have, organize it so everything’s more accessible, and ditch the clutter that’s keeping you from enjoying your space. While you’re at it, why not dive into a bit of spring cleaning for your finances, too? Here are four ways to tidy up your money.
The US Military retirement system is making big changes. Starting January 1, 2018, the Department of Defense will implement a new retirement system, affecting about 2.2 million people. If you are among that number, you have some decisions to make. Click here to learn more.
There’s a new phone scam sweeping the country. The “Can you hear me now?” scheme attempts to record your voice over the phone. (When you pick up the phone, you’ll hear someone ask, “Can you hear me now?”) The scammer then records and uses your “yes” response to sign you up for a product or service – and demand payment. If you refuse to pay, the criminals may threaten you with legal action, citing your “yes” as proof. To protect yourself, the Better Business Bureau offers these five tips.
If you find yourself squeezed between caring for your children and caring for your aging parents, you’re part of what’s now referred to as the Sandwich Generation. It’s a scenario faced by nearly half (47%) of adults now in their 40s and 50s, according to a 2013 Pew Research Center study, and it can be recipe for financial disaster. Here are some things you can do to help keep your finances on track, while meeting your family responsibilities.
Scams come and go, which is why the Federal Trade Commission updates it's warnings frequently. Here are 5 popular scams making the rounds right now.
Worrying about money keeps many of us awake at night. Short of hitting the lottery or receiving a windfall inheritance from a long-forgotten relative, what can people do to ease this anxiety? These 4 steps can help to ease the stress.
Paying a credit card or loan in good standing is a pretty simple task, but older debt can be trickier because you may not know who is holding the debt. These three steps will help you make a fresh start.
Issue Highlights: New Branch, Mobile Options | 4 Rules for Investing | Digital Wallet is Here | Are You in Credit Card Crisis? | 3 Steps to Improve Your Credit Score | Learn from Our Experts at a Seminar or Webinar
Issue Highlights: 3 Reasons Credit Union Rates are Better | A 3-Step Plan to Keep Your New Year Resolutions | Top 5 Tips for a Successful Balance Transfer | What to Know About Passing Retirement Accounts to Loved Ones | Apply for Our Scholarship, more
Issue Highlights: Shrink Your Debt: We Can Help You Make a Plan | 29 Tips to Avoid ID Theft | Election Year Investment Jitters? Our #1 Piece of Advice | Credit Unions: Your Strongest Advocate | Win $10,000, Help the Homeless | Paper Checks a Pain? Use EasyDeposit for Fast Relief! | No More IOUs for You
Issue Highlights: 5 Top Questions in Commercial Lending | Increased Security and Rewards with Hanscom FCU MasterCard | Smart Moves for the Summer | Paying Student Loans and Saving for Retirement | Don't Overlook Your Retirement Benefits During Divorce | 9 Ways to Save on a Cruise
Issue Highlights: Top 3 Benefits Of Having a Will | Get Lower Payments on a Better Car | 9 Reasons To Love Your Hanscom FCU ATM & Check Card | New Grad? Why an Ira Might Be Right For You
Issue Highlights: Boost Your Mood with a Solid Savings Plan | Raise Your Credit Score and Lower Your Rate | College Hunting | Tips for Raising Money-Savvy Kids
Issue Highlights: 3 Steps to Avoid Buyer's Remorse | Chip Cards are Coming | 4 Estate Planning Tips
Issue highlights: Apple Pay and Chip Card Technology Coming Soon | 7 Mobile Banking Moves | Funding a College Degree | Grow Your Business and Manage Cash Flow | Ways to Rake in Some Summer Cash
Issue Highlights: Should You Use a Real Estate Agent? | New iBranch Combines Personal Service with High Tech | Investment Advice: The Personal Touch Matters | Stages Through the Ages: We're Here For You
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