Notice

Our Branch lobbies are temporarily closed. Drive-up tellers and reduced-hour Personal Tellers are available. Visit our COVID-19 information page for more details and hours of operation.

Your Journey to Saving

Open Your Savings Account

Have a Question? We’ll Contact You

Or Call us at845.336.4444

What Type of Savings Account are you Looking for?

Rainy Day

Savings Accounts are the perfect place to keep your rainy day fund. We also recommend using this account for overdraft protection by tying it to your Checking Account.

Check Saving Rates

High Returns

Money Market Accounts are ideal for those looking for higher returns than traditional savings accounts. We also offer a Tiered Money Market Account with rates based on balance.

Check Money Market Rates

Guaranteed Investment

Share Certificates are recommended when you want a higher guaranteed rate of return. Terms range from 1 month to 5 years, with a minimum deposit of $500 to open.

Check Share Certificate Rates

Retirement

Individual Retirement Accounts (IRA) are ideal when saving for retirement. We offer three IRAs to consider - Traditional, ROTH, and Coverdell Educational. A tax advisor can inform you on the tax savings advantages of each account.

Check IRA Rates

Health Savings

Health Savings Accounts are ideal if you have enrolled in a High Deductible Health Plan and want to pay for current health expenses while enjoying saving for future qualified medical expenses tax-free.

Check Health Savings Rates

Holiday Purchase

Holiday Savings Accounts are an ideal way to reduce financial stress. Fund your account by setting up automatic transfers from your Checking Account each week or month.

Check Holiday Savings Rates

Steps to Opening a Primary Savings Account

1

Eligibility

Membership is open to anyone who lives, works, worships, volunteers or attends school in Ulster, Dutchess or Orange County, NY. In addition, members’ families, including spouse, children, grandchildren, siblings, parents, grandparents, and members of the immediate household are eligible to open an account.

2

What You Need

Whether you are looking to open an account online or in branch, you’ll need an unexpired government issued identification such as a State-issued Driver’s License or a U.S. Passport.

3

Initial Deposit

There is a $5 minimum deposit required when opening a Savings Account.

4

Open

Open any of our Savings Accounts online or at any branch location.

5

Direct Deposit

Direct Deposit simplifies your banking by automatically depositing your payroll, pension, Social Security and other recurring deposits directly into any MHV account. To set up Direct Deposit, provide our Routing Number 221976243 along with your MHV account number to your depositor.

Start Saving Today

Download our free guide, “How to Master Your Money”, to jump start your journey to saving more.

Download Guide

Start Saving in Less Than 5 Minutes

Open Now

Have a Question?
We'll Contact You

Calculate Your Future Savings

See What the Mid-Hudson Valley has to say About us

I was able to very easily open a money market account over the phone. The staff made the process quick and easy.

Christine Blazejewski

MHV provides the best banking experience I've ever had. They are good all around.