HRCCU Blog on Finance, Banking, Saving & More

adult man holding a white coffee mug sitting next to an adult woman looking for financial paperwork next to a black calculator and silver laptop

Good Debt vs. Bad Debt: What’s the Difference?

A substantial (and obvious) case can be made that no debt is good debt and it’s better for people to have a debt-free financial record. But borrowing money or taking out loans is how many of us are able to purchase big-ticket items — like a vehicle or a house. Both of these loans are… Read more »

woman with black hair wearing a gray sweater filling out a student loan application on a gray laptop

Why Do I Need a Co-Signer for My Student Loans?

As students and young adults prepare for college, it is not uncommon for them to need financial assistance to help cover the costs of their education. And when financial aid is not available or doesn’t cover enough of the costs, a student loan could be a solution. Needing a loan is not uncommon. In fact,… Read more »

man wearing a blue tee shirt holding United States money to make a deposit

How to Deposit Cash to Your Bank When Out of Town

Although many of us are finding ourselves spending less time at the bank, it’s still important to know how to deposit cash, especially while traveling. And, even though there was a decline in cash usage during 2020 — speculated to have been caused by the coronavirus pandemic — there’s still quite a lot of currency… Read more »

silver laptop with a Social Security benefits form on the screen on a wooden table

Understanding Social Security Benefits & How They Work

Preparing for the future is important, especially when it comes to finances. Whether you are just beginning a career, switching career paths, or getting ready to retire, everyone should have a clear understanding of what Social Security is and how the benefits work. Established in 1935, Social Security benefits act as a support system for… Read more »

two rows silver of safety deposit boxes with numbers and two keyholes on the doors

Are Safety Deposit Boxes Actually Safe?

Protecting family heirlooms, collectibles, and important documents can lead to an endless amount of worry. Although many of us have been led to believe that safety deposit boxes offered by banks across the United States are safe, it doesn’t mean your property is fully protected. This sense of worry can escalate if you’ve heard the… Read more »

HRCCU holds Donation Drive for The Pines at Glens Falls Center for Nursing & Rehabilitation

Hudson River Community Credit Union’s guiding principle is to make life better for our members and the communities we serve. In light of these principles, this week we would like to shine a spotlight on our Glens Falls Branch staff for helping make the donation drive for The Pines at Glens Falls Center for Nursing… Read more »

four adults standing in front of a stone wall holding a check donated to the Give to Dine program

HRCCU Helps Donate Meals to Local Families Affected by COVID-19

Hudson River Community Credit Union (HRCCU) staff members, with the help of Corinth Central Schools, is set to donate $2,000 in meals to local families who have been impacted by COVID-19. Partnering with Ball Corporation and Saratoga County Capital Resource Corporation, HRCCU will help to distribute meals in the form of gift cards to families… Read more »

adult couple holding blueprints for a new home standing inside the new structure

6 Things You Can Do to Save Money While Building a House

When you’re looking to move, the question of whether it’s better to buy a home or build something new can linger in the back of your mind. If you opt to purchase a home, the square footage, number of bedrooms, bathrooms, property, and more are already determined. Those who decide to build a home may… Read more »

adult man with black hair and glasses wearing a blue collared shirt working on a silver laptop with a large computer monitor behind it

Does Working from Home Save You Money?

As the events of the coronavirus pandemic began to unfold throughout 2020, businesses around the globe had to shift from working in office spaces to remote working. Even though remote jobs had already been increasing in popularity due to technological updates and restructuring businesses, the ability to work from home became essential for many of… Read more »

adult sitting at a table with a silver MacBook holding a white iPhone checking the stock market

5 of the Best Short-Term Investment Options in 2021

For many of us, our goal is to live comfortably — especially during the golden years of retirement. To do so, financial investments are essential. And as we learned from 2020, our nation’s economy and individual financial stability can be compromised, leaving many people scrambling for income. As the coronavirus pandemic continues, 2021 could be… Read more »