Many individuals find themselves juggling multiple financial obligations and struggling to make ends meet. Whether it’s student loans, credit card debt, or unexpected medical bills, managing debt can be overwhelming. However, it’s crucial to remember that responsible borrowing and effective debt consolidation can be powerful tools to help you achieve your financial goals and regain… Read more »
HRCCU Blog on Finance, Banking, Saving & More
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 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 »
HRCCU CEO Sue Commanda Named to New York State Department of Financial Services State Charter Advisory Board
New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris has appointed Hudson River Community Credit Union (HRCCU) CEO Sue Commanda to the DFS State Charter Advisory Board. The appointment is for a three-year term that begins in April. The DFS State Charter Advisory Board is comprised of nine members who represent different… 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 »
Hudson River Community Credit Union Donates $20,000 to support the Glens Falls Area Youth Center
Hudson River Community Credit Union Donates $20,000 to support the Glens Falls Area Youth Center in delivering educational and recreational programs to at-risk youth. Hudson River Community Credit Union (HRCCU) announced today that it has made a donation of $20,000 to support the Glens Falls Area Youth Center (GFAYC) in its continued effort to provide… 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 »