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Hudson River Teachers Federal Credit Union was established in June 1938 to serve the employees of the Public Schools in the communities of Hastings on Hudson, Dobbs Ferry, Irvington, Tarrytown, North Tarrytown, Ossining, Peekskill, Croton on Hudson, and Ardsley, New York. In our 70-year history we haven’t strayed from our initial purpose of People Helping People.

The primary driving force behind the Credit Union's success is exactly what it was 70 years ago. Hudson River Teachers remains a not-for-profit, financial cooperative that exists to meet the financial needs of its membership. The members are the owners of the Credit Union. They elect a volunteer Board of Directors that establishes policies that are implemented by the management and staff.

This ownership structure is one of the two major factors in Hudson River Teachers ability to offer favorable products and services. Without a separate group of stockholders or private owners demanding a return on their investments, all net income is given back to the membership directly or set aside for reserves. When the Board of Directors makes decisions as to interest rates, fees, or services, their goal is not to maximize the return to outside owners. It is always to do what is best for the membership.

Our goal is: To Improve the quality of our members' lives by maintaining a strong, secure, and innovative Credit Union that builds trust, shows respect, and maximizes efficiency.

We embrace the opportunity to offer our benefits to our neighbors and others within the community as we continue to add new and diverse groups to our field of membership.

 


Independantly Rated & Recommended by BauerFinancial, Inc. - Awarded March 2007

 

 

 

   
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Equal Housing Lender We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - NCUA National Credit Union Administration, a U.S. Government Agency