Loan, Mortgage & Savings Rates

New Car, Truck & Motorcycle Loans

*APR = Annual Percentage Rate.  Rates effective 11/6/2020.  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. Discount excludes leases and other select products. Your rate may vary.  Rates are subject to change.  All loans subject to approval. For example: 36 monthly payments of $28.95 per $1,000 borrowed at 2.74%.

Used Car, Truck & Motorcycle Loans/Refinances

*APR = Annual Percentage Rate.  Rates effective 11/6/2020.  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. Discount excludes leases and other select products. Your rate may vary. Rates are subject to change. All loans subject to approval. For example: 36 monthly payments of $29.30 per $1,000 borrowed at 3.54%.

RV, BOAT & ATV LOANS

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. Discount excludes leases and other select products. 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 Loan

*APR = Annual Percentage Rate. Rates effective 7/1/19. Advertised rate based on credit qualifications and rate reflects .25% discount for automatic payments from your MHV savings or checking account. As an example, a 36-month term with a fixed rate of 6.75% APR would result in an estimated payment of $30.78 for each $1,000 financed. Rates are subject to change. All loans subject to approval

Personal Line of Credit

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

FIXED RATE PRODUCTS

BIWEEKLY FIXED RATE PRODUCTS

ADJUSTABLE RATE PRODUCTS

HOME EQUITY PRODUCTS

Home Equity Lines of Credit

*Home Equity Line of Credit rates are variable. Actual interest rates and APR’s may vary based on credit history and other loan characteristics. Rate adjustments 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%. For rate adjustments Prime Rate is 4.75% as of 11/15/19. For new Home Equity Lines of Credit Prime Rate is 3.25% as of 3/16/20. 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

* 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%.

Ultra Checking

Business Ultra Checking

* 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 5/1/2020.

Savings, Business, Holiday & Health Savings

IRA Savings

* Dividends begin to accrue on the business day you deposit noncash items, such as checks. We use the daily balance method to calculate dividends in your account; this method applies a periodic rate to the balance in the account each day. Dividends will be compounded and credited to your account monthly. Your dividend rate and annual percentage yield may change. The dividend rate on your account is determined and declared at the discretion of the Credit Union Board of Directors. The dividend rate and annual percentage yield (APY) are disclosed under separate cover. After the first of each month, or after Tuesday of each week, depending on the product, you may call 800-451-8373 or 845-336-4444, extension 6000, for dividend rate and APY information. Accrued dividends will be paid upon closing the account. Certificate Accounts: You must maintain in your account each day the minimum balance that corresponds to your account on the accompanying rate sheet to obtain the disclosed annual percentage yield. Dividends for fixed rate certificates, fixed rate IRA certificates and 18-Month Adjustable Rate certificates will be earned at the rate in effect when opened. Dividends for variable rate certificates and variable rate IRA certificates will be earned at the rate in effect for that certificate type at the beginning of the month. For non-IRA certificates: You may choose one of the following three methods of payment: 1. Credit to the certificate. 2. Credit to an alternative sub on the owner’s account. 3. Check mailed. Posted dividends may be withdrawn from non-IRA certificates at the time of posting, without penalty.

Money Market

Tiered Money Market

$25,000 Money Market

$50,000 Money Market

$100,000 Money Market

$300,000 Money Market

Certificates

IRA Certificates

* Rates effective 12/1/20. Dividends begin to accrue on the business day you deposit noncash items, such as checks. We use the daily balance method to calculate dividends in your account; this method applies a periodic rate to the balance in the account each day. Dividends will be compounded and credited to your account monthly. Your dividend rate and annual percentage yield may change. The dividend rate on your account is determined and declared at the discretion of the Credit Union Board of Directors. The dividend rate and annual percentage yield (APY) are disclosed under separate cover. After the first of each month, or after Tuesday of each week, depending on the product, you may call 800-451-8373 or 845-336-4444, extension 6000, for dividend rate and APY information. Accrued dividends will be paid upon closing the account. Certificate Accounts: You must maintain in your account each day the minimum balance that corresponds to your account on the accompanying rate sheet to obtain the disclosed annual percentage yield. Dividends for fixed rate certificates, fixed rate IRA certificates and 18-Month Adjustable Rate certificates will be earned at the rate in effect when opened. Dividends for variable rate certificates and variable rate IRA certificates will be earned at the rate in effect for that certificate type at the beginning of the month. For non-IRA certificates: You may choose one of the following three methods of payment: 1. Credit to the certificate. 2. Credit to an alternative sub on the owner’s account. 3. Check mailed. Posted dividends may be withdrawn from non-IRA certificates at the time of posting, without penalty. Substantial penalties will be imposed for early withdrawal and fees will reduce earning on the account, see fee schedule for details.