Hudson Valley Federal Credit Union is headquartered in Poughkeepsie and is the 5th largest credit union in the state of New York. It is also the 36th largest credit union in the nation. It was established in 1963 and as of December of 2018, it had grown to 744 employees and 292,048 members at 20 locations. Hudson Valley Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Hudson Valley Federal Credit Union is open to those who attend school, work, live, volunteer, or worship in Putnam, Dutchess, Orange, or Ulster Counties in New York.
See current membership details
Related Posts
4/5 - 3.25% Flex 24 Certificate
4/8/15 - Hudson Valley FCU Offers New York State's Top-Rate 2-Year CD
4/8/15 - 2% 2 Year CD
12/11/14 - Hudson Valley FCU's "Gift The Keeps Giving": A Competitive 140-day CD
12/10/14 - 140-Day Certificate Account 1.4% APY
3/18/13 - Special 13-Month CD Rate at Hudson Valley FCU in Parts of New York State
10/17/10 - Competitive CD Rates Continue at Hudson Valley Credit Union in New York - Local Only
7/12/10 - Competitive CD Rates at Hudson Valley CU in New York - Local Only
12/2/08 - 4.00% 3-Month CD at Hudson Vally FCU in New York
3/29/08 - 4.10% 12-Month CD at a New York CU (Hudson Valley).
11/1/07 - 5.50% 5-Month CD at a New York CU - yield up to 5.85% (Hudson Valley)
12/17/06 - 6.00% 6-Month CD at a New York CU (Hudson Valley)
Why I Bank at hvfcu
I have been with this credit union for approximately 40 years. During that time I have been treated with much respect by all employees. They are always friendly, helpful and very knowledgeable. In addition to that, their rates have been very competitive. While many banks charge a fee to have a checking account with them, HVFCU gives interest on their checking accounts. It isn't much, but at least you do not have to pay to leave your money in their bank. Their money market pays a decent amount and they often run specials on CDs which I have taken advantage of in the past. With all that said I highly recommend the HVFCU.
Great bank
If you live in the Hudson Valley, consider joining HVFCU. Honestly, I have had a great experience with this bank. I've had my account there for almost 20 years and I have very few complaints. I also have an account at Bank of America. Let me tell you that credit unions like Hudson Valley are far more helpful and impressive compared to those huge banks we see everywhere.
A great choice for your banking needs.
I've been a member of HVFCU for 14 years. It's a solid organization that is able to meet all of my banking needs.
Their customer service is second to none. You will not be talking to a robo-banker, nor some call center employee. Further, they are able to offer that small town bank experience while still offering a representative set of products.
Their web site has been newly remade and now offers many of the features found at your larger banks. Most of their offerings have little to know fees associated with them.
All things considered, I couldn't ask for more out of the Hudson Valley Federal Credit Union.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 15802 |
| Year Chartered | 1963 |
| Employees | 744 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 8.24% |
| Annual Interest Income | $182.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $4.94B$4.68B |
| Loans | Q4 2018vs Q4 2017 | $3.01B$2.75B |
| Deposits | Q4 2018vs Q4 2017 | $4.39B$4.16B |
| Equity Capital | Q4 2018vs Q4 2017 | $509.7MM$482.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $60.6MM$48.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $32.5MM$29.3MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $1.1MM$1.3MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
3.25% Flex 24 Certificate
A 2 year CD whose rate is 0.75% above the fed funds rate, currently 3.25%. The rate updates each quarter but you can lock the rate in at any time during the 1st year. You can also add funds, up to your initial contribution, at any time during the 1st year. Of course you can always open a new CD ($500 minimum) at any time at whatever the current rate is. Membership is limited to people who live, work, worship, volunteer or attend school in Dutchess, Ulster, Orange, or Putnam County in New York
Always verify rates and promotions with the bank or credit union. We are not Hudson Valley Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Hudson Valley Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Savings | |
| 0.10% | - | - | Holiday Club | |
| 0.10% | - | - | IRA Savings | |
| 0.10% | - | - | College Savings | |
| 0.10% | - | - | Mortgage Savings | |
| 0.05% | - | - | HSA Checking |
Hudson Valley Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $50k | - | Tiered Money Market - Peak | |
| 0.35% | $250k | - | Tiered Money Market - Peak Plus | |
| 0.25% | $20k | - | Tiered Money Market - Preferred | |
| 0.11% | $1k | - | Tiered Money Market - Regular |
Hudson Valley Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Checking |
