Hudson Valley Federal Credit Union (www.hvfcu.org) released its 2006 numbers, reporting $2.087 billion in year-end assets. Membership increased by 9.7 percent while the credit union maintained a service and satisfaction rating of 96.5 percent.
“I am pleased to report that your credit union is financially safe and sound, ” said David Bagley, treasurer.
The credit union distributed $2,150,000 in a special dividend to its members, it said, to recognize and thank them for their commitment to making 2006 an outstanding year.
Chairman T.S. Jones said the credit union”™s new Middletown branch will open in May 2007. “We are working with the planning boards in the towns of New Windsor, Montgomery and Ulster for site plan approval before we can begin construction,” he said. “We are also actively pursuing locations in northern and eastern Dutchess.”
Hudson Valley Federal Credit Union has more than 190,000 members and nine branches in Dutchess and Orange counties.
Â
