Hanscom Federal Credit Union established the John F. Condon Memorial Scholarship in honor of a former member of the Board of Directors. Mr. Condon provided the credit union with invaluable guidance and leadership. He served our membership faithfully for 26 years and continues to do so through the scholarship that bears his name.
Up to five $1,500 scholarships will be awarded this year to graduating high school seniors (including gap year graduates). The Condon Scholarship is open for applications from Tuesday, January 3, 2023 through Monday, March 6, 2023.
The application period has closed. Winners will be announced at the credit union’s Annual Meeting on May 3, 2023.
When Hanscom Federal Credit Union’s founders received a charter from the National Credit Union Administration (NCUA) in 1953, they could not have known that their small group would become what it is today.
Hanscom FCU has grown from eight volunteers to more than 95,000+ members, from $40 in shares to more than $1.9 billion in assets, and from one location in Cambridge, Massachusetts, to 22 branches in two states.
Tremendous changes have taken place in the world since our beginnings. Hanscom FCU has changed along with it, but we have preserved our founding principles of "People Helping People." We are democratically controlled and led by volunteers. We focus on the financial wellbeing of our member-owners. Everything we do and every product we offer is designed to return value to the membership.
Hanscom FCU's President/CEO Peter Rice addresses attendees at the credit union's Annual Meeting on May 4, 2022.