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Banca Electrónica en Español
        
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Mid-Hudson Valley
Federal Credit Union offers a variety of products and services to
meet the needs of businesses throughout Ulster, Orange and Dutchess
counties. In addition, we offer exceptional personal service and
a willingness to accommodate your schedule. Contact the Business
Services department at 800-451-8373, ext. 3137 or e-mail MHVBusiness@MHVFCU.com.
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| DEPOSIT PRODUCTS |
Business Savings Account
- $5 minimum deposit to open account
- $50 balance to avoid low balance fee
- Dividends earned daily and posted monthly for balances of $100+
Free Business Checking Account
- Designed
for Sole Proprietors, D/B/A’s and Partnerships
- No monthly
fees
- No per item
fees
- Overdraft
option available
- Visa Check
Card available
Corporate Checking
- Designed for Corporations
- No per item fees
- $7 monthly fee (Waived if the average monthly balance of your checking account is at least $2500.)
- Overdraft option available
- Visa Check Card available
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| LOAN PRODUCTS |
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Business
Real Estate Loans
- Owner occupied
or non-owner occupied
- up to 80% financing for permanent loans and up to 75% financing for construction loans
- Up to 25
year amortization
- Fixed rate
for up to 10 years
- No prepayment
penalties
Business Lines of Credit
- Meet your
cash flow needs
- Interest
only payments
- No annual
clean-up
Demand Loans
- Short-term
cash flow needs
- Terms of
30, 60, 90 days
- Interest-only
payments
Business Term Loans
- For equipment
purchases, working capital and accounts receivable
- Terms up
to seven years
- Fixed or
variable rates available
Visa Business Cards
- Credit lines
of $5,000 - $50,000
- No annual
fee
- 25-day grace
period for purchases and qualified balance transfers
- View credit
card transactions on-line
SBA
Loans
- Approved
Small Business Administration (SBA) Lender
- For equipment
or real estate
- Long-term
fixed rate loans
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CONVENIENCE
SERVICES
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- Night Depository
- Visa Check Cards
- Coin & Currency
- Free Internet Home Banking
(including Check Imaging and Self-Service Sweeps)
- Free Bill Payer Service
- EARS Bank-by-Phone
- ATMs & Cache Cards
- Safe Deposit Boxes
- Payroll Direct Deposit
- Treasury Tax & Loan Depository
- Postage Stamps
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