To meet the insurance needs of its members, Hanscom Federal Credit Union has opened its own insurance agency.
The $938 million credit union at Hanscom Air Force Base, Mass., has launched Hanscom Insurance Agency LLC. Car, homeowner, life, business and renters insurance will be available. Specialty products such as pet and wedding insurance will also be offered.
Hanscom Insurance will match up members with multiple insurance carriers the agency has partnered with, according to the credit union.
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"The new agency will enhance Hanscom FCU's competitive position, and deepen its member relationships with insurance products that feature the best combination of price, convenience and selection," said Paul Marotta, Hanscom board chairman.
Hanscom FCU serves 45,632 members.
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