Family and dog in living room

Interest & Loan Rates

NEW CAR, TRUCK & MOTORCYCLE LOANS

Product APR* as low as
1-36 Months Term 6.59%
37-60 Months Term 6.79%
61-72 Months Term 6.99%
73-84 Months Term 7.74%

*APR = Annual Percentage Rate.  Rates effective 11/24/2023.  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 $30.69 per $1,000 borrowed at 6.59%.

USED CAR, TRUCK & MOTORCYCLE LOANS/Refinances

Product APR* as low as
1-36 Months Term 7.04%
37-60 Months Term 7.04%
61-72 Months Term 7.24%
73-84 Months Term 7.99%

*APR = Annual Percentage Rate. Rates are effective 11/24/2023, are subject to change and reflect a .25% discount for automatic payments from your MHV account.  Rates vary based on factors including your credit ratings, term of loan and/or year of vehicle. Loans are subject to approval and exclude leases and other select products.  Payment example: 36 monthly payments at 7.04% APR would be $30.90 per $1,000 borrowed. 

RV, BOAT & ATV LOANS

Product APR* as low as
1-48 Months Term 7.25%
49-60 Months Term 8.25%

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

*APR = Annual Percentage Rate.  Rates effective 8/23/2022.  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 $30.95 per $1,000 borrowed at 7.25%.

Personal Loan - $500 - $25,000

Product APR* as low as
0-47 Months Term 8.99%
48-60 Months Term 9.99%

*APR = Annual Percentage Rate. Rate available to member in good standing, based on credit qualifications, approved starting November 24, 2023 for loans from $500 and to $25,000. 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 8.99% APR would result in an estimated payment of $31.80 for each $1,000 financed. Subject to change or terminate at the discretion of MHV. Federally Insured by NCUA. 

Jumbo Personal Loan - $25,001 - $35,000

Product APR* as low as
0-47 Months 9.74%
48-60 Months 10.49%
61-72 Months 11.49%

*APR = Annual Percentage Rate. Rate available to member in good standing, based on credit qualifications, approved starting November 24, 2023 for loans from $25,001 and to $35,000. 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 9.74% APR would result in an estimated payment of $32.15 for each $1,000 financed. Subject to change or terminate at the discretion of MHV. Federally Insured by NCUA. 

Personal Line of Credit

Product APR* as low as
Up to 60 Months Term 12.99%

*Rates effective 7/1/22. All loans subject to approval. 

Credit Card APR*
Visa® Platinum 13.00% to 18.00%
Visa® Signature Rewards 14.00% to 18.00%
Visa® Platinum Business 16.50%

FIXED RATE PRODUCTS

Product Rate APR
30 Year Fixed Rate 7% 7.46%
20 Year Fixed Rate 7% 7.246%
15 Year Fixed Rate 6.5% 6.658%
SONYMA 6.25% 6.658%
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. 

BIWEEKLY FIXED RATE PRODUCTS

Product Rate APR
Biweekly 30 Year Fixed 7% 7.449%
Biweekly 15 Year Fixed 6.875% 7.044%

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. 

ADJUSTABLE RATE PRODUCTS

Product Rate APR
5 Year Adjustable Rate 6.25% 7.705%
7 Year Adjustable Rate 6.25% 7.486%
10/1 ARM NC 6.375% 7.195%

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 PRODUCTS

Product Rate APR
Fixed Equity Loan (5 Year) 6.5% 6.5%
Fixed Equity Loan (10 Year) 6.75% 6.75%
Fixed Equity Loan (15 Year) 7% 7%
Fixed Equity Loan (20 Year) 7.25% 7.25%

APR=Annual Percentage Rate. Rates effective as of 10/3/23. 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 $19.57 per $1,000 borrowed at 6.50%. Payment example does not include amounts for taxes and insurance premiums. Actual payment obligation may be greater.   

Home Equity Lines of Credit

Product Up to $175,000 $175,001 to $250,000 $250,001 to $300,000
5 or 10 Year Draw/ 15 Year Repayment 3.99% for 6 months, then Prime - 0.25%* Prime + 0.75%* (9.25% as of 11/17/23) Prime + 1.25%* (9.75% as of 11/17/23)

*APR = Annual Percentage Rate. Promotional APR available for HELOCS up to $175,000 and will terminate at the end of the promotional period. Non promotional rates are variable and subject to credit qualifications and will be indexed to the Prime Rate published in the Wall Street Journal the third Friday of February, May, August and November (8.5% as of 2/16/2024) and a) less .25% for lines less than $175,000, b) plus .75% for lines of $175,001 to $250,000 and c) plus 1.25% for lines of $250,001 to $300,000. Rates take effect the first day of the following quarter, subject to a net maximum change of 3% and a maximum APR of 18%.  Promotional offer subject to change or terminate at the discretion of MHV. Offer not available for Equity Edge or Home Equity Fixed Rate Loans. Additional terms and conditions may apply. See Branch or call for details. 

Equity Edge

Product Rate APR*
Up to 10 Year Term 8.00% 8.00%

* APR=Annual Percentage Rate. Rates effective as of 10/3/2023. 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 $31.35 per $1,000 borrowed at 8.00%. 

Ultra Checking

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.05% $1,000 $1,000 0.05%
0.10% $25,000 $1,000 0.10%
0.10% $50,000 $1,000 0.10%

Business Ultra Checking

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.05% $0 $0 0.05%
0.10% $50,000 $0 0.10%
0.15% $100,000 $0 0.15%
0.15% $200,000 $0 0.15%

* 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 10/1/2021. 

Savings, Business, Holiday & Health Savings

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.05% $100 $5 0.05%

IRA Savings

APY* Balance To Earn APY Minimum to Open Dividend Rate*
0.05% $100 $5 0.05%

* 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.

Money Market

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.05% $1,000 $1,000 0.05%

Tiered Money Market

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.05% $2,500 $2,500 0.05%
0.05% $10,000 $2,500 0.05%
0.05% $25,000 $2,500 0.05%
0.10% $50,000 $2,500 0.10%
0.15% $100,000 $2,500 0.15%
0.20% $200,000 $2,500 0.20%
0.20% $300,000 $2,500 0.20%
0.20% $400,000 $2,500 0.20%
0.25% $500,000 $2,500 0.25%

$25,000 Money Market**

APY* Balance to Earn APY Minimum to Open Dividend Rate*
0.20% $25,000 $25,000 0.20%

$50,000 Money Market**

APY* Balance to Earn APY Minimum to Open Dividend Rate*
2.00% $50,000 $50,000 1.98%

$100,000 Money Market**

APY* Balance to Earn APY Minimum to Open Dividend Rate*
4.00% $100,000 $100,000 3.93%

$300,000 Money Market**

APY* Balance to Earn APY Minimum to Open Dividend Rate*
4.25% $300,000 $300,000 4.17%

$1,000,000 Money Market**

APY* Balance to Earn APY Minimum to OPen Dividend Rate*
4.50% $1,000,000 $1,000,000 4.41%

* Rates effective 4/1/24. 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.

**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 of $10.00 will be assessed if the average monthly balance is below the minimum required.

Certificates

Term APY* Balance to Earn APY Minimum to Open Account Dividend Rate*
6 Month 3.00% $500 $500 2.96%
6 Month Jumbo 3.10% $100,000 $100,000 3.05%
9 Month 4.75% $500 $500 4.64%
11 Month 5.00% $500 500 4.88%
12 Month 3.25% $500 $500 3.20%
12 Month Jumbo 3.35% $100,000 $100,000 3.30%
12 Month VIP - Variable 3.25% $25,000 $25,000 3.20%
18 Month 3.25% $500 $500 3.20%
24 Month 3.00% $500 $500 2.96%
30 Month 3.00% $500 $500 2.96%
36 Month 3.00% $500 $500 2.96%
48 Month 3.00% $500 $500 2.96%
60 Month 3.00% $500 $500 2.96%

IRA Certificates

Term APY* Balance to Earn APY Minimum to Open Account Dividend Rate*
9 Month 4.75% $500 $500 4.64%
11 Month 5.00% $100 $100 4.88%
12 Month 3.25% $100 $100 3.20%
12 Month - Variable 3.25% $100 $100 3.20%
12 Month VIP IRA - Variable 3.25% $25,000 $25,000 3.20%
18 Month 3.25% $100 $100 3.20%
24 Month 3.00% $100 $100 2.96%
30 Month 3.00% $100 $100 2.96%
36 Month 3.00% $100 $100 2.96%
48 Month 3.00% $100 $100 2.96%
60 Month 3.00% $100 $100 2.96%

* Rates effective 1/17/2024. 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 and fixed rate IRA 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.