CAR & VEHICLE LOANS

New Car, Truck & Motorcycle Loans

Term APR* as low as
1-36 Months 2.44%
37-60 Months 3.74%
61-72 Months 3.99%
73-84 Months 4.99%

*APR = Annual Percentage Rate.  Rates effective 11/5/2018.  All rates as low as: Rates are based on credit ratings, term of loan and in some cases year of vehicle.  Rates reflect a .25% discount for automatic payments from your MHV checking or savings.  Your rate may vary.  Rates are subject to change.  All loans subject to approval. For example: 36 monthly payments of $28.82 per $1,000 borrowed at 2.44%.

Used Car, Truck & Motorcycle Loans

Term APR* as low as
1-36 Months 4.24%
37-60 Months 4.24%
61-72 Months 4.49%
73-84 Months 5.24%

*APR = Annual Percentage Rate.  Rates effective 11/5/2018.  All rates as low as: Rates are based on credit ratings, term of loan and in some cases year of vehicle.  Rates reflect a .25% discount for automatic payments from your MHV checking or savings.  Your rate may vary.  Rates are subject to change.  All loans subject to approval. For example: 36 monthly payments of $29.61 per $1,000 borrowed at 4.24%.

RV, BOAT & ATV LOANS

Term APR* as low as
1-48 Months 6.14%
49-60 Months 6.40%

Contact the credit union at 845.336.4444 for rates on longer terms. 

*APR = Annual Percentage Rate.  Rates effective 5/1/2018.  All rates as low as: Rates are based on credit ratings, term of loan and in some cases year of vehicle.  Rates reflect a .25% discount for automatic payments from your MHV checking or savings.  Your rate may vary.  Rates are subject to change.  All loans subject to approval. For example: 36 monthly payments of $30.45 per $1,000 borrowed at 6.14%.

PERSONAL LOANS & LINES OF CREDIT

Personal Loan

TERM APR* as low as
1-36 Months 8.74%
37-60 Months 9.74%

*APR=Annual Percentage Rate. Rates effective 7/1/18. Rates based on credit qualifications and term of your loan. Rates reflect a 0.25% discount for automatic payments on fixed rate loans. Your rate may vary. Rates are subject to change. All loans subject to approval. For example: 36 monthly payments of $31.62 per $1,000 borrowed at 8.74%.

Personal Line of Credit

TERM APR* as low as
Up to 60 Months 12.99%

*Rates effective 7/1/18. All loans subject to approval.

CREDIT CARDS
CARD APR*
Visa® Platinum 12.49% to 15.49%
Visa® Signature Rewards 13.74% to 16.74%
Visa® Platinum Business 13.75%

*View MHV Credit Card Terms and Conditions

MORTGAGES

FIXED RATE PRODUCTS

Product Rate APR
30 Year Fixed Rate 5% 5.07%
20 Year Fixed Rate 5% 5.095%
15 Year Fixed Rate 4.625% 4.67%

APR=Annual Percentage Rate. All loans subject to approval. Rates, terms, and conditions are subject to change. Click on product for additional terms and conditions.

HOME EQUITY

HOME EQUITY PRODUCTS

Product Rate APR
Fixed Equity Loan (5 Year) 4.625% 4.629%
Fixed Equity Loan (10 Year) 4.75% 4.752%
Fixed Equity Loan (15 Year) 5.24% 5.242%
Fixed Equity Loan (20 Year) 5.75% 5.751%

APR=Annual Percentage Rate. Rates effective as of 8/6/18. Rates are subject to change without prior notice and apply to 1 or 2 family, owner-occupied residences. Actual interest rates and APR’s may vary based on credit history and other loan characteristics. Receive a .25% reduction on your Fixed Equity Loan rate when you set up automatic payments from your MHV savings or checking account. Your rate may vary. Closing costs paid by the Credit Union may be recaptured if loan is closed/terminated within the first three years on loan amounts up to $175,000. For example: 60 monthly payments of $18.70 per $1,000 borrowed at 4.625%. Payment example does not include amounts for taxes and insurance premiums. Actual payment obligation may be greater.

Home Equity Lines of Credit

Term Up to $175,000 $175,001 to $250,000 $250,001 to $300,000
5 or 10 Year Draw/ 15 Year Repayment 1.99% for 6 months, then Prime - 0.25% (Currently, 5.00%)* Prime + 0.75%, (Currently, 6.00%)* Prime + 1.25%, (Currently, 6.50%)*

*Home Equity Line of Credit rates are variable. Actual interest rates and APR’s may vary based on credit history and other loan characteristics. Rates are indexed to the Prime Rate published in the Wall Street Journal the third Friday of February, May, August and November, 1) less .25% for lines less than $175,000, 2) plus .75% for lines of $175,001 to $250,000 and 3) plus 1.25% for lines of $250,001 to $300,000, and take effect the first day of the following quarter, subject to a maximum change of +/- 3% and a maximum APR of 18%. Prime Rate is 5.25% as of 9/28/18. Closing costs paid by the Credit Union may be recaptured if line is closed/terminated within the first three years on lines up to $175,000.

Equity Edge

Term Rate APR*
Up to 10 Years 6.875% 6.875%

* APR=Annual Percentage Rate. Rates effective as of 10/1/18. Rates are subject to change without prior notice and apply to 1 or 2 family, owner-occupied residences. Actual interest rates and APR’s may vary based on credit history and other loan characteristics. Receive a .25% rate reduction when you set up automatic payments from your MHV savings or checking account. Your rate may vary. Closing costs paid by the Credit Union may be recaptured if Equity Edge Loan is closed/terminated within the first twelve months. For example: 36 monthly payments of $30.82 per $1,000 borrowed at 6.875%.

CHECKING

Ultra Checking

APY* (Rate) Balance to Earn APY Minimum to Open
0.05%
(0.04%)
$1,000 $1,000
0.10%
(0.09%)
$25,000 $1,000
0.25%
(0.24%)
$50,000 $1,000

Business Ultra Checking

APY* (Rate) Balance to Earn APY Minimum to Open
0.05%
(0.043%)
$0 $0
0.15%
(0.149%)
$50,000 $0
0.30%
(0.299%)
$100,000 $0
0.55%
(0.548%)
$200,000 $0

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year. A withdrawal and/or fees will reduce earnings. APYs are accurate as of the last dividend declaration date. Dividends are compounded and credited monthly. Rates may change after the account is open and are in effect for 30 days from the effective date disclosed above. A 30 day advance notice will be provided for a change in rates. Rates are determined at the discretion of the Board of Directors of the Credit Union. The dividend rates and the APY’s disclosed are prospective. Dividends are paid from current income and available earnings. These rates are accurate for accounts as of the date indicated above. Rates are determined monthly. See our account disclosures for additional information about your account. Rates effective 11/5/2018.

SAVINGS

Savings, Business, Holiday & Health Savings

APY* (Rate) Balance to Earn APY Minimum to Open
0.10%
(0.09%)
$100 $5

IRA Savings

APY* (RATE) Balance To Earn APY Minimum to Open
0.10%
(0.09%)
$100 $5

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year. A withdrawal and/or fees will reduce earnings. APYs are accurate as of the last dividend declaration date. Dividends are compounded and credited monthly. Rates may change after the account is open and are in effect for 30 days from the effective date disclosed above. A 30 day advance notice will be provided for a change in rates. Rates are determined at the discretion of the Board of Directors of the Credit Union. The dividend rates and the APY’s disclosed are prospective. Dividends are paid from current income and available earnings. These rates are accurate for accounts as of the date indicated above. Rates are determined monthly. See our account disclosures for additional information about your account. Rates effective 11/5/2018.

MONEY MARKET

Money Market

APY* (Rate) Balance to Earn APY Minimum to Open
0.15%
(0.14%)
$1,000 $1,000

Tiered Money Market

APY* (Rate) Balance to Earn APY Minimum to Open
0.15%
(0.14%)
$2,500 $2,500
0.15%
(0.14%)
$10,000 $2,500
0.15%
(0.14%)
$25,000 $2,500
0.20%
(0.19%)
$50,000 $2,500
0.25%
(0.24%)
$100,000 $2,500
0.30%
(0.29%)
$200,000 $2,500
0.35%
(0.34%)
$300,000 $2,500
0.50%
(0.49%)
$400,000 $2,500
0.55%
(0.54%)
$500,000 $2,500

$25,000 Money Market

APY** (Rate) Balance to Earn APY Minimum to Open
0.30%
(0.29%)
$25,000 $25,000

$50,000 Money Market

APY** (Rate) Balance to Earn APY Minimum to Open
0.35%
(0.34%)
$50,000 $50,000

$100,000 Money Market

APY** (Rate) Balance to Earn APY Minimum to Open
0.40%
(0.39%)
$100,000 $100,000

$300,000 Money Market

APY** (Rate) Balance to Earn APY Minimum to Open
0.50%
(0.49%)
$300,000 $300,000

$1,000,000 Money Market

APY** (Rate) Balance to Earn APY Minimum to Open
2.00%
(1.98%)
$1,000,000 $1,000,000

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year. A withdrawal and/or fees will reduce earnings. APYs are accurate as of the last dividend declaration date. Dividends are compounded and credited monthly. Rates may change after the account is open and are in effect for 30 days from the effective date disclosed above. A 30 day advance notice will be provided for a change in rates. Rates are determined at the discretion of the Board of Directors of the Credit Union. The dividend rates and the APY’s disclosed are prospective. Dividends are paid from current income and available earnings. These rates are accurate for accounts as of the date indicated above. Rates are determined monthly. See our account disclosures for additional information about your account. Rates effective 11/5/2018.

** Rates may vary. If balance falls below the minimum stated, the current savings account APY will apply. Fees could reduce earnings on this account. A low balance fee will be assessed if the average monthly balance is below the minimum required. The $25K, $100K and $300K rates will be indexed to our Tiered Money Market Account at the same levels, plus 15 basis points.

CERTIFICATES

Certificates

Term APY* (RATE) Balance to Earn APY Minimum to Open Account
6 Month 0.70%
(0.69%)
$500 $500
6 Month Jumbo 0.80%
(0.79%)
$100,000 $100,000
9 Month 0.85%
(0.84%)
$500 $500
12 Month 1.25%
(1.24%)
$500 $500
12 Month Jumbo 1.35%
(1.34%)
$100,000 $100,000
12 Month VIP 1.50%
(1.49%)
$25,000 $25,000
15 Month Promotion** 2.50%
(2.47%)
$500 $500
18 Month 1.20%
(1.19%)
$500 $500
24 Month 1.60%
(1.59%)
$500 $500
30 Month 1.70%
(1.69%)
$500 $500
30 Month Promotion** 3.15%
(3.10%)
$500 $500
36 Month 2.00%
(1.98%)
$500 $500
48 Month 2.75%
(2.72%)
$500 $500
60 Month 3.00%
(2.95%)
$500 $500

IRA Certificates

Term APY* (Rate) Balance to Earn APY Minimum to Open
9 Month 0.85%
(0.84%)
$500 $500
12 Month 1.25%
(1.24%)
$100 $100
15 Month IRA Promotion** 2.50%
(2.47%)
$100 $100
18 Month 1.20%
(1.19%)
$100 $100
24 Month 1.60%
(1.59%)
$100 $100
30 Month 1.70%
(1.69%)
$100 $100
30 Month IRA Promotion** 3.15%
(3.10%)
$100 $100
36 Month 2.00%
(1.98%)
$100 $100
48 Month 2.75%
(2.71%)
$100 $100
60 Month 3.00%
(2.95%)
$100 $100

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year. A withdrawal and/or fees will reduce earnings. APYs are accurate as of the last dividend declaration date. Dividends are compounded and credited monthly. Rates may change after the account is open and are in effect for 30 days from the effective date disclosed above. A 30 day advance notice will be provided for a change in rates. Rates are determined at the discretion of the Board of Directors of the Credit Union. The dividend rates and the APY’s disclosed are prospective. Dividends are paid from current income and available earnings. These rates are accurate for accounts as of the date indicated above. Rates are determined monthly. See our account disclosures for additional information about your account. Rates effective 11/5/2018.

**Promotion has a minimum and is limited to $100,000 per member/business inclusive of the 15 month and 30 month certificate offers during the promotional period. Member must be in good standing. APY assumes principal and interest remain on deposit for the term of the certificate. Substantial penalties will be imposed for early withdrawal and fees will reduce earning on the account, see fee schedule for details. Automatic renewal to a similar term fixed rate certificate at the then current rate. APY is only available at listed term and is offered at MHV’s discretion and may be changed or discontinued at any time. Dividends are compounded daily and credited monthly. Limited time offer. This offer is good on new certificates only. Terms and conditions apply, inquire for details.