HRCCU Blog on Finance, Banking, Saving & More

closeup of an adult wearing a red and blue plaid shirt driving a vehicle with a black steering wheel

How to Negotiate a Car Lease

A car lease is an agreement between the lessee and the lessor — typically a car dealership — to drive a vehicle for a limited period of time and an allotted number of miles, for a specific price. Unlike auto loans, however, car leases are typically for borrowing a car rather than building equity towards purchasing a car. Find out which type of auto financing agreement — to buy or to lease — is best for you…. Read more »

Hudson River Community Credit Union Announces Board of Directors Appointments

Hudson River Community Credit Union (HRCCU) has announced its officers for their 2021 Board of Directors: Charles Pasquarell, III, President; Dino Rosati, Vice President; Carol Ann Pacco-Long, Treasurer; and Thomas Uncher, Secretary. These officers will provide strategic direction for continued growth around HRCCU’s mission – to improve the well-being of members and their families by… Read more »

Hudson River Community Credit Union Named 2021 Healthiest Employer

With the rise of COVID-19, employee health and wellness has become more important than ever in the workplace. That is why we at HRCCU are proud to announce that the Credit Union has been named a 2021 Healthiest Employer by the Albany Business Review for the third straight year in a row! The 24 companies… Read more »

Walkway Over the Hudson walking bridge on a sunny day with white clouds in the sky and an American flag marking the halfway point of the bridge

How to Explore the Hudson River Valley on a Budget

The warmer weather has arrived, and school is almost out for the summer, giving many of us the urge to travel and explore — especially after more than a year of quarantining and social distancing. If you live in New York State, or a surrounding state, you don’t have to travel far to discover some… Read 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 »