Author: HRCCU

About The Author

Hudson River Community Credit Union (HRCCU) was founded in 1954 and has been dedicated to the financial wellbeing of its members throughout the counties of Saratoga, Warren, Washington, and Rensselaer, as well as the towns of Cohoes, Watervliet, and Green Island in Upstate New York.

By offering low interest rates, low to no service charges, and competitive financial products, our not-for-profit financial cooperative is one of the top credit unions in the region. Our experienced team of lenders and financial advisors can provide the tools and resources needed to help navigate important financial decisions.

Couple Using Laptop Computer, Sitting on Sofa in Apartment

Explaining Different Investment Options (Bonds, CDs, IRAs) 

Whether you are new to investing or looking to diversify your portfolio, understanding the basics of different investment options can be a game-changer when it comes to maximizing financial returns for the future. Let’s start the learning process by looking at three common investment vehicles: Bonds, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs)…. Read more »

mortgage loan papers with a set of keys on top

Mortgage Application Process and Considerations 

Buying a home represents an exciting time in life. The journey to home ownership begins with understanding the mortgage application process and the crucial considerations that come with it. At Hudson River Community Credit Union (HRCCU), we are here to guide you through every step, ensuring a seamless and informed experience. Let’s dive into the… Read more »

person in front of computer with financial charts using a calculator

Mastering Cash Flow Management and Controlling Business Expenses

Cash flow management is a critical aspect of running a successful business. At Hudson River Community Credit Union (HRCCU), we often serve as financial advisors to our business members, offering guidance on effective cash flow management and expense control. Understanding Cash Flow A business’ cash flow refers to the movement of cash into and out… Read more »

As a business owner, making the choice between a small business loan and a line of credit depends on several factors related to the specific needs and financial situation of the business

Finance 101: Small Business Loans vs. Lines of Credit 

Securing the right financing is often the key to turning small business dreams into successful realities. For many small business owners, navigating the labyrinth of financial options can be daunting. One common dilemma they face is choosing between small business loans and lines of credit. Let’s look at the differences between these two financing options… Read more »

Loan Mortgage Payment Property Concept

Mastering Your Finances: The Power of HRCCU Free Mortgage Loan Calculator

Mortgage loan calculators, such as the one offered by Hudson River Community Credit Union (HRCCU), are powerful tools that can help future homeowners understand the impact of mortgage rates on their future payments. This allows them to better evaluate their ability to buy homes at various price points. Properly used, the HRCCU mortgage loan calculator… Read more »

Female hands hold mobile banking on smart phone on blurred urban city as background

Why Use Online and Mobile Banking Services 

Online and mobile banking have become increasingly popular due to the numerous advantages they offer both individuals and businesses. When you become a member at Hudson River Community Credit Union (HRCCU), it’s easy to take advantage of the benefits of online and mobile banking services by accessing our state-of-the-art website and app. What Is Online… Read more »

HRCCU’s 2023 Hudson River Mill Museum Matching Campaign

The donation is a result of a matching campaign held at the credit union’s Corinth Branch in September. HRCCU signed on to match up to $5,000 in individual donations in order to assist the Friends of the Hudson River Mill Museum in their effort to raise funds to repair and restore the historic site of… Read more »

Credit Union papers for loan on desk.

Benefits of Joining a Credit Union: Why HRCCU Is Right for You 

Joining a credit union offers several benefits that can make them an attractive alternative to traditional banks. For individuals and families looking for a more personalized and local banking experience, credit unions like Hudson River Community Credit Union (HRCCU) offer a compelling choice. Credit unions are the type of financial institution that aligns with people’s… Read more »

Smiling mature couple meeting with bank manager for investment. Mid adult woman with husband listening to businessman during meeting in conference room. Middle aged couple meeting loan advisor.

Achieve Your Financial Goals with HRCCU Personal Loan Options

A personal loan can be a valuable tool in various financial scenarios when you need to access additional funds for specific purposes. However, regardless of the scenario, it’s important for everyone to carefully assess their financial situation before applying for a loan. That means considering interest rates for a personal loan and your ability to… Read more »