HRCCU Blog on Finance, Banking, Saving & 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 »

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 »

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 »

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 »

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 »