Credit Unions
You need a valid ID to join a credit union. One type of a valid ID is:
a. Social Security card
b. Driver’s license
c. Student ID
Student ID
Name All MRFF Teams
Operations, Marketing, Finance, Financial Literacy, HR
What does HVCU stand for?
a. Hudson Valley Credit Union
b. High Value Credit Union
c. Hudson Verified Credit Union
d. Heritage Valley Credit Union
a. Hudson Valley Credit Union
This account is required for HVCU membership and can be opened with a minimum deposit of just $0.01.
Primary Savings Account
What is Matt Poillucci’s nickname?
Pooch or Gooch
What makes credit unions different from banks?
a. Credit unions are not-for-profit
b. Credit unions give every member a credit card
c. Credit unions do not offer debit cards
a. Credit unions are not-for-profit
Name All Directors
Jake, Chris, Helena, Sadie, Joe
HVCU’s assets have grown significantly over time. As of a recent report, HVCU had total assets closest to:
a. $4.7 billion
b. $7 billion
c. $10 billion
b. $7 billion
These accounts provide a set dividend rate over the a specific term, offering predictable returns and peace of mind.
Fixed Rate Certificates or Certificates
How short is Maddie Chan
Extremely
Banks use their profits to pay out stockholders. What happens to the profits made by a credit union?
a. They are reinvested in the institution or paid to members
b. They are paid to stockholders
c. Nothing; there are no profits
a. They are reinvested in the institution or paid to members
Name All of Our Faculty Advisors
Hallebeck, Freidman and Sloan
HVCU began in 1963 under what original name?
a. Hudson Valley Federal Credit Union
b. IBM Poughkeepsie Employees Federal Credit Union
c. Dutchess County Credit Cooperative
b. IBM Poughkeepsie Employees Federal Credit Union
This tiered savings option offers higher interest rates than a standard savings account while still allowing for easy access to funds.
Tiered Money Market Account
Who was the first President of MRFF
Jackson Willis
At a bank, a member is considered a customer. What is a member considered at a credit union?
a. Owner
b. Customer
c. Client
a. Owner
Name 3 of the 4 founders of MRFF
Jackson, Layla, Natalie, Shyamal
As of late 2025, roughly how many members did HVCU have?
a. 263,000
b. 381,000
c. 556,000
b. 381,000
This service allows you to make electronic payments to your HVCU loan with accounts from other financial institutions.
HVPay
How many speeding tickets does Shyamal have
2
The average interest rate charged on a 30-year mortgage at a bank is 6.50%. What is the average interest rate charged on a 30-year mortgage at a credit union?
a. 8.25%
b. 6.26%
c. 6.7%
b. 6.26%
Name the 3 people from HVCU that the MRFF branch works with regularly
Lara, Jess, Robyn
Who can open an account at Hudson Valley Credit Union?
a. Someone who lives in CT, MA, NJ, NY, PA, or VT
b. An immediate family member of a current HVCU member or an HVCU employee
c. Someone who joins an approved affiliated organization
d. All of the above
d. All of the above
Name the 3 specific funds or councils you can join to qualify for membership.
HVCU Charitable Foundation, American Consumer Council, Community Impact Fund.
Who won the first MRFF Vs. MCG Case Race
MRFF