We are very excited to announce that the National Credit Union Administration has approved our request to expand our community charter to Putnam, Rockland, Sullivan and Westchester Counties. Learn More.
What Type of Savings Account are you Looking for?
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.
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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.
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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.
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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.
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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.
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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.
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Steps to Opening a Primary Savings Account
Calculate Your Future Savings
I was able to very easily open a money market account over the phone. The staff made the process quick and easy.
MHV provides the best banking experience I've ever had. They are good all around.