Hudson River CCU (NY) Has Top-Rate 12-, 18- and 24-month Loyalty CDs


Availability: Residents of the New York Counties of Rensselaer, Saratoga, Warren and Washington, and the New York Towns of Cohoes, Green Island, and Green Island.

As a special thank-you to its members, Hudson River Community Credit Union (Hudson River CCU) is returning a portion of its 2014 earnings in the form of three Loyalty Share Certificate (CD) Specials: 12-month CD (2.07% APY), 18-month CD (2.17% APY), and 24-month CD (2.37% APY).

These promotions are also available as IRAs (Tradition, Roth, and CESA), earning the same APYs and with the same funding requirements.

These Loyalty Share Certificate Specials are only available to those who have been members as of December 31, 2014. The minimum opening deposit is $500 and there is no maximum balance cap.

The fine print on these Specials details the funding process and, in portion, states:

These Special Certificates will allow for up to $50,000 with a maximum of $25,000 from existing funds on deposit. Members will be allowed penalty-free transfers from existing Certificates
As stated on the Loyalty Savings Certificate page, the Early Withdrawal Penalty reads as follows:

HRCCU may impose a penalty if funds are withdrawn before maturity date. The penalty for 12, 18, and 24-Month Certificates will equal up to 180 days of dividends on your deposit.


Individuals (and their immediate family members) who live, work, worship, or attend school in the New York counties of Rensselaer, Saratoga, Warren, and Washington, or the Towns of Cohoes, Green Island, and Watervliet are eligible for membership in Hudson River CCU.

Joining Hudson River CCU and opening a CD requires an in-person visit to any of six branches located in Cohoes, Corinth (2), Glens Falls, Hudson Falls, and Troy.

Initiating the opening of an account can be done online by filling out a simple form.

I am interested in opening an account. Please call me to schedule a time to sit down with our Financial Services Officer.

Credit Union Overview

Hudson River Community Credit Union has an "A" rating on, with a Texas Ratio of 5.64% (excellent) based on December 31, 2014 data. In the past year, Hudson River CCU has increased its total deposits by $4.26 Million, an above average annual growth rate of 2.79%. Please refer to our financial overview of Hudson River Community Credit Union for more details.

Founded in 1954 by the employees of the International Paper Company in Corinth, Hudson River Community Credit Union (NCUA Charter #68342) was originally known as IPCO Federal Credit Union. Hudson River CCU became a New York state chartered credit union in 1998 and in 2003 expanded its membership eligibility from multi-occupational to community. The Credit Union’s name was changed in 2004 to better reflect the new charter.

Hudson River Community Credit Union has been the recipient of several awards in the past 3 years, including:

  • 2014 CUANY Desjardins Adult Financial Education Award – On-site Financial Literacy Program
  • 2014 CUANY Dora Maxwell Social Responsibility Community Service Award – Community Heroes Campaign
  • 2014 CUNA Diamond Award – HRCCU On-site Financial Literacy Program
  • 2013 CU Journal Best Practices – "You never forget your first set of wheels" Auto Loan Campaign
  • Albany/Colonie Regional Chamber of Commerce 2012 Women of Excellence Award –Susan Commanda, CEO

How the CDs Compare

When compared to other similar length-of-term CDs tracked by, that require a similar minimum deposit and are available to New York State residents, Hudson River Community Credit Union's 12-month, 18-month, and 24-month CDs don’t have much competition.

The above rates are accurate as of 3/23/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Related Pages: Hudson River Community Credit Union, Albany


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