Mohawk Valley Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.76% | 1-year CD | |
| 0.20% | Savings | 2.20% - Barclays Online Savings Account |
| 2.63% | 3-year CD | 1.87% - National Average |
Mohawk Valley Federal Credit Union is headquartered in Marcy and is the 137th largest credit union in the state of New York. It is also the 2,664th largest credit union in the nation. It was established in 1971 and as of December of 2018, it had grown to 7 employees and 3,211 members at 2 locations. Mohawk Valley Federal Credit Union's CD rates are 96% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Mohawk Valley Federal Credit Union membership is open to employees or retirees (and their families) of Herkimer County, the Town of Marcy, or the State of New York. Employees and their family of Inserra's Flooring are also eliglble for membership.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 20823 |
| Year Chartered | 1971 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 4.26% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $35.7MM$34.9MM |
| Loans | Q4 2018vs Q4 2017 | $19.9MM$18.6MM |
| Deposits | Q4 2018vs Q4 2017 | $30.9MM$30.3MM |
| Equity Capital | Q4 2018vs Q4 2017 | $4.7MM$4.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $92.00K$122.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $435.00K$623.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $217.00K$165.00K |
Always verify rates and promotions with the bank or credit union. We are not Mohawk Valley Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Mohawk Valley Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $500 | - | IRA Savings | |
| 0.20% | $100 | - | Shares Account | |
| 0.05% | - | - | Club Account |
Mohawk Valley Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $25k* | - | Money Market Account | ||
| OTHER TIERS: 0.50% → $2.5k - $25k | |||||
Mohawk Valley Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03% | - | - | Share Draft |
Mohawk Valley Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.63% | $10k | - | 36 Month CD | |
| 2.27% | $10k | - | 24-30 Month CD | |
| 1.87% | $10k | - | 18 Month CD | |
| 1.76% | $5k | - | 12 Month CD | |
| 0.90% | $1k | - | 6 Month CD |
Mohawk Valley Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.63% | $10k | - | 36 Month IRA | |
| 2.27% | $10k | - | 24-30 Month IRA | |
| 1.87% | $10k | - | 18 Month IRA |
| Mohawk Valley Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 207 Genesee St | Utica, NY 13501 |
| Branch Office | 9212 River Rd | Marcy, NY 13403 |