Hudson Valley Credit Union (HVCU) in Poughkeepsie, New York, has established the HVCU Charitable Foundation,
which will foster deeper connections within the community through impactful contributions to local nonprofits. As an official 501(c)(3) organization, the HVCU Charitable Foundation will award grants on an annual basis to organizations whose work provides unique and meaningful support for education, food, health and housing initiatives. Hudson Valley Credit Union’s Board of Directors recently authorized $3,000,000 from the credit union that will begin an endowment for The Foundation.
Nonprofit organizations may apply to the foundation’s 2025 Grant period from now to March 30. Applications will be accepted at hvcu.org/Foundation. “As a credit union, HVCU has worked for years to offer our members paths to financial success,” said Jonathan Roberts, Hudson Valley Credit Union president and CEO and a board member on the HVCU Charitable Foundation. “Banking products are not the only tools that help people achieve their personal definitions of financial freedom. Challenges in education, food, health and housing can be barriers and socioeconomic impediments to achieving financial health. We are excited to engage our Charitable Foundation with the nonprofits that are doing exceptional work to improve our communities.”
“Through the HVCU Charitable Foundation, we have the ability to create lasting change in our community for nonprofits and those who rely on their critical services,” said Jay Pantaleo, chair of the Hudson Valley Credit Union Board of Directors.
With $7.9 billion in assets, Hudson Valley Credit Union has been a community partner in the region for more than 60 years. The credit union serves individuals and businesses in Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Sullivan, Ulster and Westchester counties in New York state with a wide variety of financial services.
