HANSCOM

1610 Eglin St
Hanscom Afb, MA 01731

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 9095
Date Established 1953
Assets $1,312.00 million
Loans $1,145.47 million
Deposits $1,158.56 million
Capital $136.18 million

Hanscom is an NCUA insured institution located in Hanscom Afb, MA. It was founded in 1953 and has approximately $1312 millions in assets.

Who can join?

There are three ways to become eligible to join Hanscom FCU:

Eligibility by Family Relationship to a Current Hanscom FCU Member:
If someone in your immediate family is a current member, you are eligible for membership in Hanscom FCU (includes spouse, domestic partner, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, step siblings, adoptive relationships, and others living in your household).

Eligibility by Employer:
All active or retired employees of the Federal Government in Massachusetts are eligible to join Hanscom Federal Credit Union, as well as organizations that offer Hanscom Federal Credit Union as a benefit to their employees, volunteers and retirees.

Eligibility by Membership:
You are eligible to join if you currently belong to or join a sponsoring membership organization that offers Hanscom FCU as a member benefit.

Field of Membership Restrictions

Membership in Hanscom Federal Credit Union is open anyone through joining the Nashua River Watershed Association ($35 membership fee). Membership is also open to the following: (1) active or retired military; (2) employees ore retirees of any federal government agency with a duty station in Massachusetts; (3) employees of Lockheed-Martin NISC, Scansoft, and over 100 area Select Employer Groups.

Deposit Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.50% $2,000 $9,999 Learn MoreShow Less
Money Market
0.70% $10,000 $24,999 Learn MoreShow Less
Money Market
0.80% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.25% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.85% $1,000 - Learn MoreShow Less
6 Mo CD
0.95% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.30% $2,000 - Learn MoreShow Less

Loan Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for HANSCOM

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.774% 4.750% 0.25 $690 $1,305 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
4.646% 4.625% 0.25 $625 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to HANSCOM
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Hanscom branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Hanscom Locations

Financial Details

Hanscom Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hanscom. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Hanscom U.S. Average
4.09% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Hanscom had $5,579,430 in non-current loans and $272,839 in owned assets. To cover these potential losses it had $136,183,566 in net worth and $6,820,989 in loans loss reserves. That gives it a Texas Ratio of 4.09%.

Net Worth
Hanscom U.S. Average
10.37% 13.21%

Hanscom FCU has a net worth of 10.37% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions On Hanscom

What is Hanscom?

A federal credit union, registered with the NCUA under certificate #9095.
Learn more about credit unions here.

Is Hanscom FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Hanscom?

Please see Field of Membership information above for information on who is eligible to join.

What are Hanscom's share account and share certificate rates?

Hanscom's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Hanscom?

Hanscom has total capital of $136.18 million. Full information on Hanscom's financial position is located above.

Who owns Hanscom?

Credit Unions are owned by their members.

Where are Hanscom branches located?

See branch locations nearby.

Are Hanscom ATMs Open 24/7?

Do Hanscom ATMs accept cash deposits?

Can Hanscom customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Hanscom have a mobile app?

Does Hanscom have mobile deposit?

Does Hanscom have quick pay?

How can Hanscom transfer money to other banks or credit unions?

Does Hanscom report to credit bureaus?

Does Hanscom use Chexsystems?

Does Hanscom use Equifax?

What is Hanscom's toll free phone number?

What is Hanscom's ACH Routing Number?

What is Hanscom's SWIFT code?

Where can I find Hanscom's wire transfer form?

What is the Hanscom address for deposits?

What Products Does Hanscom Offer

Does Hanscom offer mortgages?

Compare mortgage rates here.

Does Hanscom offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Hanscom offer auto and RV loans?

Compare auto loan rates here.

Does Hanscom offer student loans or personal loans?

Compare personal loan rates here.

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