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 »
Author: HRCCU
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 »
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 »
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 »
Maximize Your Money with Exclusive CD Specials for New Credit Union Members
For a limited time, Hudson River Community Credit Union (HRCCU) is proud to announce that we are offering new members who open a choice or premier checking account the opportunity to take advantage of a our CD specials. Understanding Certificates of Deposit (CD) Certificates of Deposit are financial products offered by banks and credit unions… Read more »
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 »
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 »
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 »
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 »