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1610 Eglin St
Hanscom Afb, MA 01731

Hanscom Credit Union is headquartered in Hanscom AFB and is the 5th largest credit union in the state of Massachusetts. It is also the 198th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 163 employees and 53,618 members. Hanscom Credit Union's savings rates are 6X the national average, and it has a A health rating.

Field of Membership Restrictions

You can join Hanscom FCU even if you are not eligible for membership through your employer or family. That's because you are automatically eligible to join us if you are an active member in one of our partner organizations. Once established, your membership with Hanscom FCU continues even if you no longer participate in any of our partner organizations. Air Force Association: AFA is a national, nonprofit, civilian organization that promotes public understanding of aerospace power and its role in our nation's security. Burlington Players: Burlington Players are an adult, all volunteer theater group open to those ages 18 and over. Nashua River Watershed Association: NRWA's mission is to work for a healthy ecosystem with clean water and open spaces for human and wildlife communities in the Nashua River watershed. - See Details

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Reviews (2)


Unfriendly. Would not recommend.

Friendly Credit Uniton

I opened a checking and a Thrive CD with them a month ago. Although there were some errors made they were corrected after I pointed them out. I found them to be a very friendly Credit Union.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Hanscom Credit Union had $3.76 million in non-current loans and owned real-estate with $103.54 million in equity and loan loss allowances on hand to cover it. This gives Hanscom Credit Union a Texas Ratio of 3.63% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Hanscom Credit Union decreased dramatically from 5.78% as of March 31, 2013 to 3.63% as of March 31, 2014, resulting in a positive change of 37.18%.This indicates that the balance sheet and financial strength for Hanscom Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Hanscom Credit Union has increased its total deposits by $51.65 million, resulting in 5.68% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Hanscom Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Hanscom Credit Union has $1.08 billion in assets with $103.54 million in equity, resulting in a capitalization level of 9.61%, which is above average.

Institution Statistics

NCUA #9095
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$1.08 billion
Loans$706.09 million
Deposits$961.18 million
Equity Capital$95.72 million
Loan Loss Allowance$7.82 million
Unbacked Noncurrent Loans$3.44 million
Real Estate Owned$323,000
Historic Data - March 2013
Assets$1.03 billion
Equity Capital$91.89 million
Loan Loss Allowance$8.30 million
Unbacked Noncurrent Loans$3.44 million
Real Estate Owned$366,000
Profit Margin - Quarterly
Net Interest Margin0.85%
Return on Assets0.41%
Return on Equity4.6%
Interest Income$7.82 million

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Hanscom Credit Union Savings Account Rates

3.00%--CU Thrive
0.75%$25k-Higher-Yield Savings
0.45%$250-EasyStart CD
0.20%$25-Share Savings
0.20%--Holiday & Vacation Club
0.20%--IRA Share
0.20%--Roth IRA Share

Hanscom Credit Union Money Market Rates

0.55%$75k-Money Market Account
0.55%$75k-Business Investment Account
0.55%$75k-IRA Money Market
0.55%$75k-Roth IRA Money Market

Hanscom Credit Union Checking Account Rates

0.20%--Premier Checking

Hanscom Credit Union CD Rates

1.75%$1k-60 Month CD
1.60%$1k-48 Month CD Special
1.10%$1k-30 to 59 Month CD
0.85%$1k-11 Month CD Special
0.85%$1k-18 to 29 Month CD
0.70%$1k-12 to 17 Month CD
0.55%$1k-6 to 11 Month CD
0.45%$1k-3 to 5 Month CD

Hanscom Credit Union IRA Rates

1.75%$500-60 Month IRA
1.10%$500-30 Month IRA
0.85%$500-18 Month IRA
0.70%$500-12 Month IRA
0.55%$500-6 Month IRA

Hanscom Credit Union has 16 locations. Click to view all Hanscom Credit Union locations.