Category: Banking

Social Security, Explained

When you get paid, there are 2 programs that you pay into as mandated by the federal government: Medicaid and Social Security (also known as FICA). There’s no doubt that you’ve noticed this pulled from your paycheck every pay period, and of the two programs Social Security is by a significant margin the more expensive,… Read more »

How Banking Changed in the 2010s

This decade has been ten years of significant technological change, continuing the trend that started in the 1960s, accelerated rapidly during the 1980s, and into the 2000s. One huge piece of that change which has been dubbed by some as the “Information Revolution”, has been the integration of communications devices into day to day life… Read more »

3 Advantages to Youth Savings

If you have young kids, then you’ve probably experienced some feelings of anxiety over both the future of their finances and the future of their financial knowledge at least once or twice. Youth education is not usually especially focused on teaching kids about how financial systems work or teaching about handling and managing money in… Read more »

It’s all Relative: The Best Accounts for your Family

Like most people, you have a checking account, or two, and probably a savings account as well. Perhaps you’ve thought about saving for a family vacation or your child’s college fund. At Hudson River Community Credit Union (HRCCU), we want to help your family get beyond basic checking and savings with a number of products… Read more »