Hanscom FCU’s Paul Marotta inducted into the DCUC Hall of Honor
HANSCOM AFB, MA (August 17, 2018) — Paul Marotta, Hanscom Federal Credit Union’s Chairman of the Board, was inducted into the Defense Credit Union Council (DCUC) Hall of Honor during the DCUC Annual Conference held this month in Williamsburg, VA.
Marotta has served Hanscom FCU and the credit union community with distinction since 1976. He first served on Hanscom FCU’s Supervisory Committee, and then served as a Director beginning in 1988 until he was elected Chairman of the Board in 1992. Marotta sets precedent for the active board involvement and member volunteerism that has kept Hanscom FCU true to traditional credit union values.
During his nearly 45 years of service to the credit union, he guided Hanscom FCU through some challenging times, including rapid developments in technology, unprecedented member growth, economic ups and downs, and some of the greatest legislative hurdles the credit union movement has seen. Under his leadership, Hanscom FCU’s assets have grown past $1 billion and the branch network has grown to 21 locations in two states.
Marotta has also demonstrated a high level of social responsibility in his role as Hanscom FCU’s Chairman. He’s an avid supporter of Home Base, a partnership of the Red Sox Foundation and Massachusetts General Hospital; Boston Children’s Hospital; and the Massachusetts Coalition for the Homeless, as well as numerous outreach efforts that enrich local and military communities. For the past 15 years, he’s served as the only volunteer official on the Social Responsibility Committee of the Massachusetts Cooperative Credit Union Association. He became chairman of this committee in 2016.
“Our credit union has not only grown but thrives today because of Paul’s dedication and commitment to credit union values,” said David Sprague, Hanscom FCU’s President & CEO. “There is no one more deserving of this induction than Paul. This honor is a testament to his outstanding service on behalf of all credit union members.”
DCUC’s Hall of Honor was established in 2000 as a means of recognizing individuals whose contributions and inordinate support of the credit union movement added great value to the Defense Credit Union Council and defense credit union community. Former or current volunteers, and management and staff of DCUC member credit unions, whose lifelong achievements have been exceptionally noteworthy, are eligible for this prestigious award.
Hanscom Federal Credit Union’s Chairman of the Board Paul Marotta (center) receiving his DCUC Hall of Honor statue from Frank Padak, President & CEO of Scott Credit Union (left) and Anthony Hernandez, President and CEO of the Defense Credit Union Council (right).
About Hanscom Federal Credit Union
Hanscom Federal Credit Union, headquartered at Hanscom Air Force Base, serves over 91,000 members across the country and overseas through 22 branches, over 100,000 service centers and surcharge-free ATMs, 24-hour telephone service, and a web-based branch. The credit union, chosen Best Credit Union in America 2019 by Kiplinger’s Personal Finance Magazine, holds $1.4 billion in assets. Follow Hanscom FCU on Facebook , Instagram, LinkedIn, and Twitter, and check out our MoneyWisdom blog today.
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