The Auto Refi Event - Get Up To $1000 Cash Back!

9/20/2016 12:00:00 AM

Our most popular refinance offer is back! Get up to $1000* Cash Back when you refinance your auto loan from another financial institution with MHV! Refinancing is quick and easy, and more importantly could help you save a lot of money.

Updates on Fishkill and Poughkeepsie Branches

9/20/2016 12:00:00 AM

Visit our new temporary Fishkill Branch - located at the corner of W. Merritt Blvd and Route 9 (next to Boston Market). 

Our Poughkeepsie Branch is closing on September 30 and is moving to 21 Burnett Blvd, Suite 200. For your convenience, Personal Teller Service is available through November 30. 

Enroll in Online Banking Today!

8/18/2016 12:00:00 AM

Manage your money the safe and easy way. Activation is easy and you’ll be able to access your money from your computer, tablet or mobile phone.

Back-to-School...Back to Debt?

8/12/2016 12:00:00 AM

Back-to-School...Back to Debt?

Going back to school suggests it is the end of summer and the beginning of school supply sales, material lists from new teachers and classes, and long lines at school supply stores.  Children disappointed by the finish of their summer vacation are encouraged with the purchase of new clothes, books and occasionally, treats and impulse buys.

According to the U.S. Census Bureau, American shoppers spent $7.4 billion in family clothing stores to get ready for the 2010 back-to-school season. Families spent another $2.2 billion in bookstores during the same period.  But this year, you may be wondering how you will be able to get everything your children need without getting into too much debt.    

You are not alone with this concern. With nearly 20 million American students heading for college and another 55 million children and teenagers in K-12 schools, parents often have to work hard to find the extra cash necessary to buy books, clothing, backpacks, shoes, and everything else today's students need to succeed in the classroom. Here are some simple strategies you can follow to help you beat the back-to-school debt blues:


Don’t Buy Anything You Already Have

It is tempting to purchase all new school supplies for your children, regardless of whether or not you already have them at your home.  For example, what kind of shape is your child’s backpack in? Is it ripped or can he/she use it again for the coming year?  Just because your child wants a new backpack does not mean you must purchase one.  Remember, you are teaching your child financial responsibility when you use what you have. 

Look at your pens, pencils, erasers, folders, binders, clipboards, calculators, and anything else you receive on the supply list from your child’s school. If you can reuse or use something you already have, do so.


Buy What is Essential

Review the supply list or the college needs list with your child.  Purchase only those things that are most necessary to start the year.  You can spread out the purchase of supplies over a month or two (or longer).  For example, your child doesn’t need to bring two Kleenex boxes and two packages of markers on the first day of school.  Send them with one of each and then send another pack or box later.  Getting only those things that are essential to the first couple of weeks of school will help soften the “supply list” blow to your family’s finances. 


Pay With Cash

As soon as you have determined what you must purchase for the first few weeks of school, set a budget and stick to it.  Avoid using anything but cash unless you must make a larger purchase, such as a laptop computer or software program; credit cards are best for these purchases.  Bring the budgeted funds (in the form of cash) with you to shop as that will eliminate impulse purchases with your children and help you focus on getting the best deal possible.  When the cash is gone, the shopping stops.  It is that simple.


Pay Into a Back-to-School Savings Account

If you know you have trouble saving money, a great option is to ask one of our representatives about setting up a savings account specifically designed for back-to-school savings.  You can set up automatic deposits to that account, saving money over the course of the year.  That way, when back-to-school time arrives, you will not be as stressed over how you will pay for everything needed.


Make Back-to-School a Great Experience for Everyone

By thinking creatively and limiting your spending to only what is necessary for the first couple weeks of school, you can spread out your back-to-school expenses throughout the year and stay out of debt.

MHV Partners With Kingston High School Students

7/12/2016 12:00:00 AM


Mid-Hudson Valley Federal Credit Union (MHV) joined forces with the Kingston High School to offer a one-of-a-kind opportunity to the students in the Music Technology class.  This project enabled the students to gain real-world hands-on experience by producing a radio-ready advertisement. The students were directed by MHV’s Marketing and Sales Department professionals to conceptualize, write, edit and produce a short audio commercial.  Over the course of the year, they were able to learn many different music and recording fundamentals and applied what they learned to this opportunity.  The project and class was able to open new perspectives for the student’s future endeavors.


Learn more about the student’s musical process, listen to the advertisement, and hear the radio interview with Q92 below (coming soon).



June 2015: MHV employees Marcie and Shannon approached Arnold Richter, the music teacher of the new Music Technology class at the Kingston High School to propose the idea of creating a class competition to create a radio ready advertisement.  Last year, MHV partnered with the Woodstock Day School on a similar project, which was focused on video production.  A few weeks after meeting with Mr. Richter, the MHV staff coordinated the project with his curriculum.


October 2015: Marcie and Shannon excitedly presented the project to two eager classes (about 60 students) and challenged them to create a catchy commercial that would appeal to their generation.  They were required to utilize the resources available at school, along with information given by MHV to develop the radio-ready advertisement that focused on a few key MHV products and services.


March 2016: Eighteen groups pitched their radio commercials in front of a panel of MHV judges.  The judges played the role of a real life advertising agency and provided constructive criticism to all groups.  The panel narrowed down their selection to the top four teams.  These teams had to then take the feedback received and fine tune their advertisements for the next round. The final submission of the perfected commercials was reviewed again by the panel of judges and a winner was selected.


May 2016: Marcie and Shannon went back to the Kingston High School and presented the final winner of this opportunity to Carlito London, Emily Miller, Isaiah Parker, and Carly Valdez. They also presented the Kingston High School with a $2,500 check for the purchase of music equipment.  You can hear the winning group’s jingle below.


June 2016: The MHV staff, along with two students of the winning group, Carlito and Carly, went to Q92 for an on-air interview and air play of their radio jingle. Both Carly and Carlito revealed that they will be attending college in the fall on music scholarships. Carly noted that her experience in the class was “life changing” and “has helped a lot of student at Kingston High School.” Hear the whole interview below (coming soon)!


Listen here for the winning radio-ready advertisement.


2017 Calendar Contest is Now Open!

7/1/2016 12:00:00 AM

Check out this year's theme, find out how to enter, see past winners and more. 

How You Can Help Your Child's Financial Future

6/28/2016 12:00:00 AM

Paying for college can be dreadful. This month we help you with tips to start planning early to help your child’s financial future.

Calculating ROI of Your Home Improvement Projects

6/1/2016 12:00:00 AM

Did you know that not all home improvements give you the same bang for your buck? Guest Contributor, Roberta Pescow from gives you advice on how to choose a remodeling project that you can enjoy now and may help to benefit your wallet.

Important Information for Accessing Your Accounts Abroad

5/1/2016 12:00:00 AM


If you are planning an international trip, make sure to plan ahead to ensure you will be able to access your accounts. 

Should I Start My Own Business?

5/1/2016 12:00:00 AM

MHV Business Loan Officer, Barry Sutton answers the tough question of how to know if you're ready to start your own business.

Manage Your Money with Enhanced Text and Email Alerts

4/29/2016 12:00:00 AM

Keep track of your money with new quick text and email messages that notify you of your balance, low funds, large withdrawals and more.

MHV's Spring Newsletter Now Available Online

4/1/2016 12:00:00 AM

Check out the latest MHV news, offers, events and more in the Spring 2016 edition of Member Newsline!

MHV Investment & Retirement Center Financial Advisor Recognized for Excellence

3/22/2016 12:00:00 AM

Salvatore Bocchimuzzo, CFP® a financial advisor for the MHV Investment & Retirement Center located at the Mid-Hudson Valley Federal Credit Union, has been named to the Senior Advisor Leadership Team with their broker-dealer, CUNA Brokerage Services, Inc. (CBSI).

What's Your Real Net Worth?

3/1/2016 12:00:00 AM

It can be easy to overlook all of the value in your life that might not translate directly to your bottom line.  Learn how to maximize the value in your life while minimizing how much it costs you.

Preparing to Buy Your First Home

2/1/2016 12:00:00 AM

Buying a home can be a daunting task. This month we feature our best tips to help take some of the stress out of the decision.

Bridgeway FCU Members Vote Yes to MHV Merger

1/13/2016 12:00:00 AM

The membership of Bridgeway FCU voted to approve the merger into MHV on January 11, 2016. 

4 Best Financial Tips for the New Year

1/1/2016 12:00:00 AM

Guest Contributor, Roberta Pescow from shares her four best tips to help create New Year resolutions for lasting financial growth and stability.

Check out the Winter Issue of Member Newsline

1/1/2016 12:00:00 AM

Get the latest MHV news, offers and events in the January issue.

Community Photo Contest Winners Announced

12/2/2015 12:00:00 AM

Check out the winning photos from our annual Community Photo Contest.  All photos selected will be featured in our 2016 calendar available for free at our branches starting in December.

New Feature Added to Perks Package

12/1/2015 12:00:00 AM

Effective December 1, 2015, Cellular Telephone Protection is now offered as part of the Perks Package at no additional cost.

Don’t Let Bears Steal Your Money

11/9/2015 12:00:00 AM

We teamed up with the Woodstock Day School to provide students with an amazing opportunity to participate in a student film project. The students put their own unique, humorous spin on the topic of Checking Account Basics which includes a band of money stealing bears. Watch the video now or read the official press release

Protect Yourself from Malware

9/22/2015 12:00:00 AM

Minimize your risk to malware with tips to protect all of your devices.