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Overview / Commentary
800-468-3011
159 Barnegat Rd
Poughkeepsie, NY 12601

Hudson Valley Credit Union is headquartered in POUGHKEEPSIE and is the 5th largest credit union in the state of New York. It is also the 31st largest credit union in the nation. It was established in 1963 and as of December of 2013, it had grown to 675 employees and 280,473 members. Hudson Valley Credit Union has a A health rating.

Field of Membership Restrictions

If you live, work, worship, volunteer or attend school in Dutchess, Ulster, or Orange, or Putnam County, you are eligible for membership. Membership is established by opening a savings account in your name with as little as $5. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Hudson Valley Credit Union had $21.79 million in non-current loans and owned real-estate with $360.43 million in equity and loan loss allowances on hand to cover it. This gives Hudson Valley Credit Union a Texas Ratio of 6.05% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Hudson Valley Credit Union experienced no significant changes from 6.60% as of December 31, 2012 to 6.05% as of December 31, 2013, resulting in a positive change of 8.43%.This indicates that the balance sheet and financial strength for Hudson Valley Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Hudson Valley Credit Union has increased its total deposits by $170.39 million, resulting in 5.27% 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 Hudson Valley Credit Union has shown is excellent.

Capitalization

GRADE:
C+

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. Hudson Valley Credit Union has $3.84 billion in assets with $360.43 million in equity, resulting in a capitalization level of 9.38%, which is average.

Institution Statistics

Overall
NCUA #15802
Year Chartered1963
Employees675
Primary Regulator
Assets and Liabilities
Assets$3.84 billion
Loans$1.94 billion
Deposits$3.41 billion
Equity Capital$337.01 million
Loan Loss Allowance$23.43 million
Unbacked Noncurrent Loans$21.04 million
Real Estate Owned$747,000
Historic Data - December 2012
Assets$3.75 billion
Equity Capital$341.48 million
Loan Loss Allowance$24.81 million
Unbacked Noncurrent Loans$21.04 million
Real Estate Owned$310,000
Profit Margin - Quarterly
Net Interest Margin4.57%
Return on Assets0.84%
Return on Equity9.54%
Interest Income$125.90 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Hudson Valley Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Hudson Valley Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Savings
0.10%--Holiday Club
0.10%--IRA Savings
0.10%--Roth IRA Savings
0.10%--CESA Savings
0.10%--Business Savings
0.05%--HSA Checking

Hudson Valley Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$250k-Money Market Account
0.35%$250k-Business Money Market

Hudson Valley Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Enhanced Business Checking
0.05%--Checking

Hudson Valley Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.55%$500-60 - 84 Month CD
1.55%$500-Business 60 - 84 Month CD
1.30%$500-48 - 59 Month CD
1.30%$500-Business 48 - 59 Month CD
1.10%$500-24 - 35 Month CD
1.10%$500-36 - 47 Month CD
1.10%$500-Business 24 - 35 Month CD
1.10%$500-Business 36 - 47 Month CD
0.65%$500-12 - 17 Month CD
0.65%$500-Business 12 - 17 Month CD
0.60%$500-18 - 23 Month CD
0.60%$500-Business 18 - 23 Month CD
0.30%$500-6 - 11 Month CD
0.30%$500-8 Month Save Smart CD
0.30%$750-12 Month Flex CD
0.30%$500-Business 6 - 11 Month CD
0.30%$750-Business 12 Month Flex CD
0.20%$500-3 - 5 Month CD
0.20%$500-Business 3 - 5 Month CD

Hudson Valley Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.55%$500-60 - 84 Month IRA (Traditional,Roth,CESA)
1.30%$500-48 - 59 Month IRA (Traditional,Roth,CESA)
1.10%$500-24 - 35 Month IRA (Traditional,Roth,CESA)
1.10%$500-36 - 47 Month IRA (Traditional,Roth,CESA)
0.65%$500-12 - 17 Month IRA (Traditional,Roth,CESA)
0.60%$500-18 - 23 Month IRA (Traditional,Roth,CESA)
0.30%$500-6 - 11 Month IRA (Traditional,Roth,CESA)
0.30%$750-12 Month Flex IRA (Traditional,Roth,CESA)
0.20%$500-3 - 5 Month IRA (Traditional,Roth,CESA)
Locations

Hudson Valley Credit Union has 20 locations. Click to view all Hudson Valley Credit Union locations.