Hudson Valley Credit Union (Hudson Valley Federal Credit Union) is a member-owned financial cooperative headquartered in Poughkeepsie, New York. Founded in 1963, HVCU is one of the largest credit unions in New York with 40 locations, and is among the largest in the United States by assets.
As of December 2025, the credit union reported more than 388,000 members, over 1,100 employees, and more than $8 billion in total assets.
The credit union returns earnings to members through competitive rates and community investment while providing retail and business financial services – including checking and savings accounts, loans, mortgages, digital banking, wealth management, and insurance services.
Membership The credit union has been helping members, employees, and communities reach their financial goals for more than 60 years. Individuals and businesses can establish membership through one of three associations to take advantage of HVCU’s strong lineup of financial products and services – which includes Wealth Management and Insurance Services:
HVCU Charitable Foundation American Consumer Council (ACC) Community Impact Fund (CIF)
Locations Hudson Valley Credit Union serves members across an extensive branch network in New York, with 40 branch locations across 13 counties – spanning Albany County in the Capital Region to Westchester County in the Hudson Valley area.
Albany County Columbia County Dutchess County Greene County Orange County Putnam County Rensselaer County Rockland County Saratoga County Schenectady County Sullivan County Ulster County Westchester County
History The credit union was initiated in October, 1963, by some IBM employees in Poughkeepsie and Fishkill, New York. Membership requirements were changed to allow those who live, work, worship, volunteer, or attend school in Dutchess, Orange, or Ulster counties to join the credit union as of 2003.
The credit union was originally chartered federally. A state charter was granted September 4, 2019. The credit union's name was changed from Hudson Valley Federal Credit Union to Hudson Valley Credit Union on October 4, 2019. As of January 2, 2026, Hudson Valley Credit Union is once again a federal credit union.
On January 10, 2024, HVCU announced that Catskill Hudson Bank would be merging its 7,500 clients, 100 employees, and 11 branches into the credit union, expanding its reach to Sullivan County and the New York State capitol region.
On October 2, 2025, HVCU announced that their application for a Federal charter had been approved and changes would be effective January 1st, 2026.
Recognition The credit union was named in 2015 as a workplace with good employee benefits.
References
External links official site