RTN Celebrates 70!

This year, RTN Federal Credit Union marks a significant milestone, as we celebrate the 70th anniversary of the Credit Union’s founding in 1945.

For the next seven months, we are Celebrating 70 in branches through special events, special product promotions, drawings for prizes, and other giveaways.

As we look ahead to continuing our proud service to our members and community, it is a good time to reflect on how it all started. Hazel Petersen, Raytheon’s employment manager, had a simple idea—to improve financial opportunities for her fellow Raytheon Company employees. The first ‘branch’ was a desk in Hazel’s office. Many years later Hazel recalled, “It took me a whole year to get it started.”

Today, RTN is one of the ten largest credit unions in Massachusetts with nearly 50,000 members, more than $800 million in assets, and 19 branches. We serve more than 650 employer groups including two major employers in Massachusetts—Raytheon Company and Brigham and Women’s Hospital. Members enjoy 24/7 account access from nearly anywhere on the globe with the latest technology.

I thank all our staff for their individual efforts to make our Credit Union such a strong institution. Our tagline—Work. Home. Life.—embraces the ongoing mission to meet our members’ needs as they relate to work, home, family, community, and life’s milestones. Together, we will continue in our proud tradition as we grow and change to meet the evolving needs of our members.