Important Information Regarding the Merger
As of April 1, 2014, Matteawan Federal Credit Union (MFCU) has merged with Hudson Valley Federal Credit Union (HVFCU). The Board of Directors at both credit unions and the members of MFCU approved the merger. There will be no immediate changes to MFCU members’ accounts. You may continue to transact business with Matteawan’s staff at the Fishkill and Green Haven Correctional Facilities’ offices, as well as via the Co-Op ATM network and Internet Banking. The branch hours remain: Fishkill, Monday – Friday 9:00 am to 4:30 pm; Green Haven, Monday, Wednesday, & Friday 9:30 am to 4:30 pm (closed 11-11:30 am for lunch).
Some members may already have accounts with HVFCU. If so, you will be happy to know that HVFCU staff will be available at the two offices beginning April 1st, so you can transact business on your HVFCU accounts as well.
We will now work to combine the two credit unions’ computer systems, which should occur August 1st. Until that time, Matteawan accounts will not be accessible at HVFCU’s offices. Members will receive a separate notification as we approach that conversion date that will include complete information on your new accounts with HVFCU and how the transition will occur.
If you would like to transfer your accounts to HVFCU prior to the automatic change in August, simply visit any HVFCU branch, meet with the HVFCU staff at the Fishkill or Green Haven branch, or call the Contact Center at 845.463.3011 so we can assist you.
Online Banking Access
You can continue to use the Matteawan Federal Credit Union’s Online Banking system until August 1, 2014. You will receive information prior to then about access after August 1st.
MFCU members should still use the Matteawan main phone and fax numbers until further notice:
- Phone: 845.831.4460
- Fax: 845.831.1164
If you need to report a lost or stolen ATM/debit card, please call:
- Debit 888.241.2510
- Credit 800.543.5073
Special Insurance Notice
If you are a member of both HVFCU and MFCU, your accounts will be separately insured by NCUA even if the combined amount exceeds the maximum insurance coverage allowed. This extended coverage for deposit accounts will continue for six months after the merger (through September 30, 2014). In the case of time deposits like Certificate Account, the dual insurance will continue until the earliest maturity date after the six-month period. If you have any questions on your deposit insurance coverage, please speak with any of our staff at a branch or through the Contact Center.
To open any new deposit or loan accounts with HVFCU, please visit any HVFCU branch or call our Contact Center at 845.463.3011.