Welcome to the credit union's financial product section of the web site. Here you will find all of the high quality low cost financial products offered by Hidden River Credit Union. Written below are brief descriptions of the two major product types offered by the credit union - LOANS and SAVINGS. For more specific and detailed information on each product type just click on the product you are interested in on the left-hand side of the menu bar of this page.

Loan Products

It is important to remember that the credit union movement was founded and organized for the specific purpose of providing people of moderate means with a source of reasonably priced credit. This was in reaction to the high cost of credit that was usually associated with borrowing money from banks and other types of lending companies in the past and that often only lent money to people with social standing.

Fortunately, the credit union lending idea caught-on and spread across the United States and became one of the most popular forms of financial institution in history with their consumer friendly approach. Well times have changed, but the commitment to these principles has not and your credit union is most often the best place to go when seeking credit. Why? Because credit unions are owned and operated by members like you, and you can always count on attractive loan interest rates and great loan terms.

HRCU lends money to members for virtually any purpose including:

• Homes and Home Improvements
• Pools
• Boats
• Unimproved Property (Land)
• Debt Consolidation
• Education 
• New and Used Automobiles, SUV's, and Trucks
• Recreational Vehicles
• Appliances
• Computers
• Medical Expenses and more
   
  Explore all the loan options available to you by just clicking on the loan type on the left-hand side of this page.
  
  Saving Products
  
  Credit unions were originally formed to provide the common man with a cost-effective source for borrowing money, but just as important was the need for a SAFE place to save money for the future and at a competitive rate of interest. The need was especially great during the time when the high occurrence of bank failures was common. It was thought that since credit unions were owned (as it is today) by fellow members and each member's funds were on deposit, the risk of failure would be very low and the rate of interest paid to the owners would be higher than that paid at a bank. This notion proved to be key to the future success of credit unions and today provides one of the best places available to save your money for the future with competitive interest rates and many types of savings products to meet your needs.
  
  HRCU offers a variety of programs that safely meet the savings needs of its members, be they novice or more sophisticated savers. Dividends are compounded on all HRCU's savings programs where dividends are paid on the principal, as well as any earnings that have been credited to the accounts. All credit union savings are INSURED to $250,000 by the National Credit Union Share Insurance Fund, through December 31, 2009 (Due to the Emergency Economic Stabilization Act of 2008). Take advantage of the following account types (for more information on specific savings account types just click on the savings product on the left-hand side of this page):
  
  · Tiered Share Savings Accounts
  · Completely FREE, Dividend Earning Share Draft Checking Accounts
  · Christmas Club Savings Accounts
  · Vacation Club Savings Accounts
  · Tax Club Savings Accounts
  · Share Certificate of Deposit Accounts
  · Money Market Accounts
  · Individual Retirement Accounts - Traditional
  · Individual Retirement Accounts - Roth
  · Individual Retirement Accounts - Education
  
  Saving money is not always the easiest thing to do, but unless you begin now, you will never have the necessary cash to meet your goals. Establishing, maintaining and growing a savings account also does one other thing that only you can do for yourself…it provides you with peace of mind and with that comes freedom. Start saving today!