Savings (Shares)

Whether you’re saving for a new home, a child’s education or that special holiday or vacation, Hudson River Teachers FCU has a savings account to meet your financial needs. No matter what type of savings product you choose, your funds are safe and insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

Click here to access the NCUA Electronic Share Insurance Calculator »

Regular Shares (Savings)
When you join Hudson River Teachers FCU, you begin by opening a regular share (savings) account. With an initial $5.00 minimum deposit, and a one time $1.00 membership fee you become a part owner of our cooperative financial institution. Start saving money today while enjoying:

• Competitive quarterly dividends
• No monthly fees
• Payroll deduction or direct deposit
• Access to a full range of products and services

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Teen Club
The teen club is designed to teach good financial habits to our young members between the ages of 13-18. Teen Club members can take advantage of many financial and educational opportunities including:

• A free Savings Account that can be opened with as little as $5.00
• A free Checking Account with a free Visa® Debit Card*
• Free Home Banking
• Access to CU Succeed® Teen Financial Network

* some restrictions apply

Kirby Kangaroo® Club
A great way to help children up to the age of 12 learn to save and manage money. Kirby Kangaroo makes saving fun! With an initial deposit of just $5.00 your child can take advantage of all the benefits that come with the Kirby Kangaroo Kids Club Account including:

An Official Membership Card
Kirby Kangaroo Club website
Birthday Cards & Gifts
And much more!

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Vacation / Holiday Club Accounts
Our Club Accounts are a great way to save for holiday gifts or a special getaway. Holiday Club Accounts mature November 1st and Vacation Club Accounts have flexible maturity dates letting you decide when you want your funds distributed. With both club accounts you’ll enjoy the benefits of:

• Saving at your own pace
• No monthly service fees or minimum deposit requirements
• Earning a competitive rate of interest
  

Individual Retirement Accounts (IRA)
It’s never too late to begin planning for your retirement. Individual Retirement Accounts (IRAs) are an excellent savings tool for setting aside funds for your retirement years. With funds that grow tax deferred year after year, an IRA account is an important part of your long-term savings portfolio.

Hudson River Teachers FCU offers both Traditional and Roth IRA accounts. A traditional IRA offers tax-deferred earnings and the possibility of tax deductible contributions. A Roth IRA is funded by non-deductible contributions but gives owners the opportunity for tax-free withdrawals. Whichever option you choose, an individual retirement account is always a good choice. Open your account today and take advantage of these great benefits:

• No account set-up fees
• No annual or maintenance fees
• Earn higher dividends with IRA share certificates
• Competitive dividend rates
• Insured to at least $250,000 by NCUA, an agency of the federal government
  

Shares-Certificates (Savings)
For members looking for a longer term investment, share certificates are a wise choice. Hudson River Teachers FCU offers a number of certificate options to fit your investment needs and help you save for the future. Put your money to work for you and start taking advantage of:

• Investment terms from 6 to 48 months
• Minimum deposit of just $1,000
• Higher yields with our competitive dividend rates
• Funds that are safe and insured to at least $250,000 by NCUA, an agency of the federal government.

Money Market Accounts
A money market account at Hudson River Teachers FCU is the ideal tool for members who want to maximize the return on their investment and still have easy access to their funds. Our tiered money market account is an ideal way to earn more dividends on your savings without locking you into a fixed rate or fixed term. Start earning more today!

• Tiered Rates – the more you save, the more you earn
• Dividends paid monthly
• Unlimited deposits
• Minimum balance of $2,500
• No monthly service fees
• Federally Insured

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