Financial Assistance for Those Who Protect Us

When you are called to active duty, you may be eligible for special benefits that can give you peace of mind.

Hudson Valley is committed to providing all the protections afforded to servicemembers who are called to active duty into the regular or reserve branches of the U. S. Military Service under the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA). The protections may also be afforded to certain dependents of servicemembers.

IMPORTANT: If you are eligible for SCRA benefits, you must formally request SCRA coverage from HVCU no later than 180 days after your active duty end date.

What Is SCRA?

The Servicemembers Civil Relief Act (SCRA) provides financial protections to eligible active duty servicemembers. It includes benefits such as a 6% interest rate cap on certain loans and foreclosure protections. The SCRA permits you to reduce your consumer loan and mortgage interest rates to 6% APR. This includes mortgage and home equity loans, personal loans, credit card debt and auto loans, and other financial obligations which exist prior to your being called up for active duty, but does not apply to new loans or line of credit advances after entering active duty.

Who is Eligible for Protection under SCRA?

All branches of the military (Army, Marine Corps, Navy, Air Force, and Coast Guard)
Reservists called to active duty
National Guard with qualifying federal active service¹
Commissioned officers of the Public Health Service in active service
Commissioned officers of the National Oceanic and Atmospheric Administration in active service

What HVCU Loans are
Eligible for SCRA?

Readi-cash personal lines of credit²
Mortgages (including home equity loans and lines of credit)²
Credit cards²
Consumer loans
Business Loans

SCRA: What We Will Need to Confirm Your SCRA Protections

We will need, at a minimum, the following information from you:

Initial active duty start date
Branch of service
Date active duty orders were issued

Examples of Some Documents
We May Request

Call to active duty orders
Recall to active duty orders
Leave and Earning Statement
Other documents – we’ll let you know what they are if needed.

We Make it Easy to Request SCRA Benefits

Please fill out the form below to submit your request for SCRA benefits. We will review the information provided and will contact you should additional documentation be required to assist you with your request for SCRA benefits.

Please allow up to 30 days for us to process your request. For additional questions, please call 800.468.3011, Monday through Friday, 8 am to 7 pm ET and Saturday, 9 am to 5 pm ET.

First Name *

Last Name *

Date of Birth *

Email *

Phone *

Address *

Address 2

City *

State *

Zip *

Branch of Service *

Status *

Date Orders Issued *

Active Duty Start Date *

Active Duty Release Date

Check Box if Indefinite/No Release Date

Automatic Payment Instructions *

Do not change the amount of my ACH used for automatic payments, if applicable. The additional funds will be applied to the principal balance of my loan. Decrease the amount of my ACH used for automatic payments, if applicable, to the minimum payment amount after SCRA benefits have been applied.

Please upload a PDF of your Active Duty Orders *

Important Legal Disclosures & Information

¹ National Guard may be eligible for SCRA when the service is authorized by the President or the Department of Defense in response to a federally-funded and President-declared emergency that lasts for more than 30 consecutive days.

²So long as advances have been taken and are outstanding prior to being called up for active duty.

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