Hudson Valley Credit Union Settles Claims Of Screwing Military Personnel

Hudson Valley Credit Union Busted Illegally Repossessing Cars Of Active Duty Military Personnel Serving Overseas

Hudson Valley Credit UnionHudson Valley Federal Credit Union has agreed to pay $95,000 over allegations that it violated the Servicemembers Civil Relief Act. SCRA-protected service members accused the credit union of illegally repossessing their cars.
Hudson Valley Credit Union will pay $65,000 to compensate 7 service members whose cars it unlawfully repossessed while overseas. The credit union also will pay a civil penalty of $30,000 to the federal government. 
The USAO investigation found seven additional victims as a result of the investigation. It was also discovered the credit union also did not have any written policies dealing with SCRA’s protections. They also found the credit union did not have any procedures in place for non-judicial repossessions.

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