Hudson Valley FCU Takes Over Tiny PCH FCU
The $3.6 billion Hudson Valley Federal Credit Union announced Tuesday that it has merged the $1.3 million PCH Federal Credit Union of Carmel, N.Y.
PCH FCU was chartered in 1977 and served Putnam Hospital Center employees and their families. Its 258 members now join the 265,000 members of Poughkeepsie-based HVFCU.
The merger was approved by both credit unions’ boards and was effective Oct. 1, HVFCU said.
“We welcome the members of PCH Federal Credit Union into the HVFCU family,” said Mary Madden,
HVFCU president/CEO. “PCH has served Putnam Hospital Center employees and their families for more than 40 years, and we look forward to providing them with even greater service in the future.”
Madden said its new members will now have access to its Carmel and Brewster branches and more than 15 others in Orange, Dutchess and Ulster counties.