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Overview / Commentary
845-336-4444
1099 Morton Blvd
Kingston, NY 12401

Mid-Hudson Valley Credit Union is headquartered in Kingston and is the 22nd largest credit union in the state of New York. It is also the 292nd largest credit union in the nation. It was established in 1963 and as of March of 2014, it had grown to 184 employees and 62,586 members. Mid-Hudson Valley Credit Union's money market rates are 25% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Must live, work, worship, volunteer or attend school in Ulster, Dutchess or Orange County. - See Details

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Health

Data for Q1 2014

Institution Health

B

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Mid-Hudson Valley Credit Union had $11.13 million in non-current loans and owned real-estate with $70.19 million in equity and loan loss allowances on hand to cover it. This gives Mid-Hudson Valley Credit Union a Texas Ratio of 15.85% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Mid-Hudson Valley Credit Union experienced no significant changes from 14.63% as of March 31, 2013 to 15.85% as of March 31, 2014, resulting in a negative change of 8.38%. This indicates that the balance sheet and financial strength for Mid-Hudson Valley Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, Mid-Hudson Valley Credit Union has increased its total deposits by $3.7 million, resulting in 0.53% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mid-Hudson Valley Credit Union has shown is above average.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mid-Hudson Valley Credit Union has $779.88 million in assets with $70.19 million in equity, resulting in a capitalization level of 9.00%, which is average.

Institution Statistics

Overall
NCUA #15766
Year Chartered1963
Employees184
Primary Regulator
Assets and Liabilities
Assets$779.88 million
Loans$460.54 million
Deposits$695.99 million
Equity Capital$65.96 million
Loan Loss Allowance$4.23 million
Unbacked Noncurrent Loans$10.32 million
Real Estate Owned$805,000
Historic Data - March 2013
Assets$770.52 million
Equity Capital$68.76 million
Loan Loss Allowance$4.07 million
Unbacked Noncurrent Loans$10.32 million
Real Estate Owned$299,000
Profit Margin - Quarterly
Return on Assets0.38%
Return on Equity4.44%
Interest Income$6.61 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Mid-Hudson Valley Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Mid-Hudson Valley Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$100-Savings Account
0.10%$100-IRA Savings Account

Mid-Hudson Valley Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.55%$500k-Premier Money Market
0.50%$300k-Money Market Account
0.15%$1k-Money Management Account

Mid-Hudson Valley Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$200k-Business Ultra Checking
0.25%$50k-Ultra Checking

Mid-Hudson Valley Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$500-5 Year CD
1.65%$500-4 Year CD
1.35%$500-3 Year CD
1.10%$500-24 Month CD
1.10%$500-30 Month CD
0.90%$25k-12 Month VIP CD (Variable)
0.75%$100k-12 Month Jumbo CD
0.70%$500-18 Month CD
0.70%$500-18 Month Adjustable CD (Variable)
0.65%$500-12 Month CD
0.40%$100k-6 Month Jumbo CD
0.35%$500-9 Month CD
0.30%$500-6 Month CD
0.20%$500-1 Month CD
0.20%$500-3 Month CD

Mid-Hudson Valley Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.00%$100-5 Year IRA
1.65%$100-4 Year IRA
1.25%$100-3 Year IRA
1.10%$100-24 Month IRA
1.10%$100-30 Month IRA
1.10%$100-30 Month IRA (Variable)
0.90%$25k-12 Month VIP IRA (Variable)
0.70%$100-18 Month IRA (Variable)
0.70%$100-18 Month IRA
0.65%$100-12 Month IRA (Variable)
0.65%$100-12 Month IRA
0.35%$500-9 Month IRA
Locations

Mid-Hudson Valley Credit Union has 12 locations. Click to view all Mid-Hudson Valley Credit Union locations.