Savings Accounts

Your journey to saving

From your first $5 to your first home. MHV has a savings account for every goal – from certificates to holiday savings accounts.

Open Your Savings Account
Federally insured by NCUA
Open with just $5
Earn more with Certificates
Savings Products

What type of savings are you looking for?

Savings Account

A safe place to put money aside while earning dividends and keeping funds available when needed.

Savings Rates

Money Market Account

Earn higher returns and still have easy access to your funds. Tiered and high minimum balance options available.

Money Market Rates

Certificate of Deposit

Set money aside for a specific period of time at a typically higher guaranteed rate of return.

Certificate Rates

Individual Retirement Account (IRA)

Ideal for saving for retirement. Choose from Traditional, Roth or Coverdell Educational.

IRA Rates

Health Savings Account

For those with a high-deductible health plan to save for qualified healthcare expenses.

Holiday Savings Account

Save gradually throughout the year and keep holiday funds separate from your everyday saving and spending.

Get Started

Start Saving Today

Step 1

Apply

Open your account online in minutes. If you're already a member, log in to add a new account.
Step 2

Set Your Goal

Tell us what you're saving for — emergency fund, vacation, down payment, retirement. We'll help you build a plan.
Step 3

Fund It

Transfer your opening deposit. Set up automatic transfers from your paycheck or checking account to build the habit.
Step 4

Grow

Watch your savings add up. Upgrade to a Certificate or Money Market when your balance grows to maximize your rate.
Before You Apply

What you'll need to open an account

A valid government-issued photo ID

Such as a state-issued driver’s license or a U.S. passport.

Your Social Security Number

Required to verify your identity and open your membership account.

A minimum $5 opening deposit

This $5 establishes your membership share — your stake as a member-owner of MHV.
Membership Advantage

Saving is just the start of the journey.

Once your savings are working for you, keep building. A low-rate MHV Visa rounds out your everyday banking, and a Share Certificate locks in our best yields.

Lower Loan Rates

Member rates beat most banks on auto, home, and personal loans.

Higher Savings Yields

Share Certificates earn more on your money.

Free Financial Coaching

One-on-one guidance to reach your financial goals.

Local Decisions

Approvals made by people who live in your community.

Compare Credit Cards See Certificate Rates
Savings Accounts

Commonly Asked Questions

Regular Savings accounts require just $5 to open — this is your membership share account. Other products may have different minimums.

We offer a variety of CDs, from short-term to long-term products based on your goals. Rates are subject to change.

Yes. All MHV accounts are federally insured by the NCUA up to $250,000 per depositor, equivalent to FDIC insurance at banks.

Yes. You can open multiple specialty savings accounts alongside your regular share account — holiday savings, HSA, and more.