Mid-Hudson Valley FCU receives approval for community charter expansion

Mid-Hudson Valley FCU LogoMid-Hudson Valley FCU, based in Kingston, received NCUA’s approval to expand its community charter. The approval now enables the credit union to expand its membership to individuals who live, work, worship or attend school — as well as businesses located — in Westchester, Rockland, Putnam and Sullivan counties.

“The opportunity to offer the financial guidance, low cost products and valuable services that people need to more residents of the Hudson Valley is incredibly exciting,” said MHV’s President/CEO Wayne Winkler. “We’ve embraced the credit union philosophy of people helping people for 56 years. Now we have the chance to support an even greater number of local communities.”

MHV was originally founded as the IBM Kingston Employees FCU in 1963. In 2002, the credit union converted to a community charter to serve Ulster, Dutchess and Orange counties. MHV currently has $1.1 billion in assets, 13 branch locations and more than 79,000 memberships.

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