About Hudson Valley Federal Credit Union
Hudson Valley Federal Credit Union – or HVFCU as many people call us – was born in 1963 when a group of IBM employees in Poughkeepsie, NY decided they could create their own financial institution that would be all about service to each other and not “making a profit.” These members pooled their deposits together and loaned money to each other. When the loans were paid back, that money was used to fund more loans and pay dividends on the money they deposited into savings and checking accounts. As a credit union, we’re a “financial cooperative” so all the money we make as a “profit” goes right back to the members who help us make the money – which makes us unique and better than your average bank.
Since that time long ago, we’ve grown to be one of the largest credit unions in New York State and even the USA. We have over 275,000 members – most right here in the Hudson Valley, but some as far away as Alaska, Texas, Florida and even other countries around the world. We have a saying, “once a member, always a member.” So it doesn’t matter if you move, go away to college, or eventually retire to some sunny spot on the map – as long as you keep $5 in your Savings Account, you are a Member of HVFCU!
So who can join HVFCU? Anyone who lives, works, worships, volunteers, or goes to school in Dutchess, Ulster, Orange, or Putnam Counties in New York State OR anyone related to someone who is already a members of HVFCU can join today.