Accounts to Help Your Business Grow
-
Business Savings
Check Business Savings RatesEstablishes your membership and can be used for overdraft protection for your checking account. -
Business Free Checking
Find a branchNo monthly fees or minimum balance requirements. Accounts can be opened in any branch location. -
Business Ultra Checking
Check Ultra Checking RatesDesigned for businesses who like to earn dividends by maintaining a higher minimum balance of $5,000 or more to avoid a fee.* -
Money Market
Check Money Market RatesIdeal for those looking for higher returns than traditional savings accounts. We also offer a Tiered Money Market Account with rates based on balance. -
Certificates of Deposit
Check Certificate RatesIdeal for those who want a higher guaranteed rate of return. Terms range from 1 month to 5 years, with a minimum deposit of $500 to open. -
Individual Retirement Accounts (IRA)
Check IRA RatesIdeal when saving for retirement. We offer two IRAs to consider - Traditional and ROTH. A tax advisor can inform you on the tax savings advantages of each account.
MHV BUSINESS WELCOME GUIDE
Tap into all the ways MHV can help your business thrive. Download the welcome guide to discover what resources your account unlocks.
/184-x-250-New-BUSINESS-Welcome-Guide-Cover.png)
4 WAYS TO GROW AND PROTECT YOUR BUSINESS
Your business needs more than a checking account to thrive. Turn to these resources to support its growth.
-
Corporate Partner Program
Read More About the ProgramJoin over 600 other local businesses that have added the MHV Corporate Partner Program to their employee benefit package. This no-cost program offers trusted financial guidance to help your employees reduce stress and save more money. -
Investment Services
Learn More About Our Investment ServicesOur Financial Advisors can help you and your employees with retirement benefits and financial planning services. We offer complimentary financial reviews for both employers and employees. -
HR Services & Payroll Processing
Spend more time on your business. Our partnership with Paychex allows you to outsource payroll and HR functions, including recruiting and workers' compensation. -
Merchant Services
Increase sales by accepting credit and debit cards, as well as processing solutions for smartphone and tablet, Mobile Card Capture, Remote Payment and complete Point of Sale support.
YOUR BUSINESS CHECKING ACCOUNT GIVES YOU:
-
VISA® Debit Card
Simple and secure spending, backed by Visa. -
Online & Mobile Banking
Convenient and secure access to your accounts 24/7 to check balances, transfer funds, pay bills and more. -
Mobile Check Deposit
Deposit checks into your account anytime, anywhere with a tap and a snap. -
eStatements & eDocuments
The simple, fast and sustainable way to get your account statements, documents and tax forms all in one place. -
Get Paid with Zelle®
Zelle® is a fast, easy and secure way to accept customer's payments. All you need is to provide them with your mobile phone number or email address.Learn More -
Bill Pay
You can schedule payments as soon as the next business day, set up future dated payments, and establish reoccurring automatic payments so you never miss a due date.
Do more through Digital Banking
-
ACH
Use the ACH payments function to send funds for Payroll or to pay vendors. Transactions are processed Monday through Friday excluding holidays.
No Fee. Opt-in required.
-
Wires
Need to send funds quickly? Set up and send wire transfers through the Payments tile under the Business Banking tab.
$25 fee per wire. Opt-in required.
Your business isn't just another number
-
From day one of opening my business, MHV has been there for me. In the beginning, my needs were pretty simple, but after 10 years of growth, things have definitely gotten more complex. Thankfully, MHV has been there every step of the way, providing everything I need to keep my business running smoothly. As my needs have evolved, MHV always has the right solutions to help my business succeed.Sara F., Dreaming of the Mouse LLC
-
I have been with MHV for about 15 years. The staff has been wonderful and they know me by name. It's a nice feeling to go into the MHV Branch and not just be another number.Dr. Richard Solomons, Middlehope Veterinary Hospital
Commonly Asked Questions About Business Accounts
-
The documents you need will depend on the structure of your business. Please see the appropriate list below.
Sole Proprietor / DBA- MHV Membership Application
- MHV Business Resolution of Authority Card
- Copy of DBA / Sole Proprietor Business Certificate that has been filed with the County Clerk
- NYS Driver’s License / Photo ID with street address, if a PO Box, proof of residency is required
- MHV Membership Application
- MHV Business Resolution of Authority Card
- MHV Certification of Beneficial Owners
- Copy of Partnership Agreement Business Certificate that has been filed with the County Clerk
- NYS Driver’s License / Photo ID with street address, if a PO Box, proof of residency is required
- MHV Membership Application
- MHV Business Resolution of Authority Card
- MHV Certification of Beneficial Owners
- Letter from officers of organization authorizing account opening and stating authorized signers
- NYS Driver’s License / Photo ID with street address, if a PO Box, proof of residency is required
- MHV Membership Application
- MHV Business Resolution of Authority Card
- MHV Certification of Beneficial Owners
- Copy of Corporate Filing Receipt (From Black Book)
- NYS Driver’s License / Photo ID with street address, if a PO Box, proof of residency is required
- MHV Membership Application
- MHV Business Resolution of Authority Card
- MHV Certification of Beneficial Owners
- Articles of Organization
- Copy of LLC/LLP Filing Receipt (From Black Book)
- NYS Driver’s License / Photo ID with street address, if a PO Box, proof of residency is required
-
Yes, please visit our Business Lending page.
*Refer to our Fee Schedule for the monthly service fee to be applied if your balance falls below $5,000.