Payroll
Payroll and HR services for Hudson Valley small businesses through MHV's partnership with Paychex: pay your team, file your taxes, stay compliant. Get a quote.
Payroll that pays your people and files your W-2s.
MHV's partnership with Paychex provides full-service payroll and HR, including withholding, quarterly filings, W-2s, and New York paid leave. Get it wrong, and it’s penalties. Get it handled and it's Friday.
What you get
Payroll run on your schedule.
Weekly, biweekly, semimonthly. Direct deposit to your employees' accounts, or paper checks if they prefer.
Taxes calculated, withheld, filed, and paid.
Federal, state, and local payroll taxes calculated, withheld, filed, and paid. Year-end W-2s and 1099s.
New York compliance handled.
Paid family leave, paid sick leave, workers' compensation and disability reporting, new-hire reporting.
Employee self-service.
Pay stubs, W-2s, and direct deposit changes from their phone.
HR support as you grow.
Handbooks, onboarding, time and attendance, benefits administration.
Accounting software integrations.
Integration with QuickBooks and other accounting software.
Full service, or do it yourself.
Full-service payroll through Paychex
Best if you have employees, want taxes filed for you, and would rather not think about it. Priced per pay run or per employee.
ACH origination from your MHV business checking
Best if you have a very small team, use accounting software that calculates payroll, and just need to move the money. Send direct deposits from business digital banking at no fee; you handle the tax filings.
Not sure? Talk to an MHV business expert and find out what's right for you.
Your employees get something too
Payroll is the paycheck. We can help with what happens after.
Businesses that bank with MHV can join our Community Partner Program at no cost: free financial wellness workshops for your team, one-on-one coaching, and a Partner Checking account with no minimum and no monthly fee for your employees. It's a benefit you can offer without adding a line to the budget.
How to get started
Request a quote.
A Paychex specialist walks you through setup and pricing.
Watch your first payroll run.
Make payroll the easy part of Friday.
Frequently asked questions about Treasury Services
You'll get a written quote before you commit.
Full-service payroll through Paychex calculates, files, and pays federal, state, and local payroll taxes and produces year-end forms.
Maybe not. If your accounting software handles the tax math, you can pay by direct deposit from your MHV business checking at no fee and file taxes yourself. When you're spending more than an hour a month on it, or you've had a filing scare, full service starts to pay for itself.
Yes, through the employee self-service app.
No. Paychex is an independent company MHV has partnered with to offer payroll and HR services to business members. Your payroll relationship and agreement are with Paychex; your banking relationship stays with MHV.
Mid-Hudson Valley Federal Credit Union. Federally insured by NCUA.
Payroll and HR services are provided by Paychex, Inc., an independent third party not affiliated with Mid-Hudson Valley Federal Credit Union. Services, pricing, and terms are set by Paychex and are subject to Paychex's service agreement. Mid-Hudson Valley Federal Credit Union may receive compensation for referrals. Payroll services are not deposits and are not insured by NCUA. Paychex is a registered trademark of Paychex, Inc.