POUGHKEEPSIE, N.Y. – Hudson Valley Federal Credit Union President/CEO Chuck Cockburn has submitted his resignation effective September 7th. Under Cockburn's leadership for the past six years, the credit union has grown to $1.3 billion in assets. In addition, Cockburn was instrumental in increasing HVFCU's community involvement. Cockburn has accepted a position as President/CEO of the $284 million Seattle Telco Credit Union in Seattle Washington. HVFCU Senior Vice President Mary D. Madden has been appointed acting president. "We appreciate Mr. Cockburn's leadership and guidance," said HVFCU Chairman Thad Jones. "Seattle Telco is very fortunate to add such an experienced leader to its ranks." HVFCU serves more than 116,000 members.