- 3.00% APY 5-year CD and IRA CD
- 2.70% APY 4-year CD and IRA CD
- 2.30% APY 3-year CD and IRA CD
- 1.95% APY 2-year CD and IRA CD
The credit union used to offer higher rates for IRA CDs, but now they're the same as the regular CD rates.
Minimum deposit is $500. Higher CD rates are available for Jumbo CDs: extra 0.10% for $50K and an extra 0.20% for $100K. According to the Truth in Savings disclosure (pdf), the early withdrawal penalties are a smaller than average: 30 days interest for 11 month terms and under, 60 days interest for 12 months to under 24 months, 90 days interest for 24 months to under 36 months, 120 days of interest for 36 months and above.
Membership is open to anyone who lives, works, worships, volunteers or attends school in Dutchess, Ulster, Orange or Putnam County New York. Please refer to their Membership page for more details. Membership requires a minimum deposit of $5 into your savings account.
Branches are located in several cities in the Hudson Valley of New York State.
The credit union has an overall health score of 4 out of 5 at DepositAccounts.com with a Texas Ratio of 5.23% (excellent) based on June 2010 data. Please refer to our financial overview of Hudson Valley Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 15802). It's a large credit union with $2.90 billion in assets.
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