Hudson Valley Federal Credit Union Flex Rate Certificate Account Review

Hudson Valley Federal Credit Union is a credit union based in Poughkeepsie, NY. It was founded in 1963 and offers banking services in 1 state across the USA.

Is Hudson Valley Federal Credit Union Flex Rate Certificate Account insured by the FDIC?

Hudson Valley Federal Credit Union Flex Rate Certificate Account is not a member of the Federal Deposit Insurance Corporation (FDIC). This means your deposits are not covered by the FDIC if Hudson Valley Federal Credit Union Flex Rate Certificate Account were to fall into financial difficulties.

What types of CDs does Hudson Valley Federal Credit Union offer?

• IRA
• Jumbo
• Traditional

What APY does Hudson Valley Federal Credit Union offer on its CDs?

Hudson Valley Federal Credit Union Flex Rate Certificate Account offers an APY of 2.19% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What is the minimum deposit to open a CD account with Hudson Valley Federal Credit Union?

Hudson Valley Federal Credit Union Flex Rate Certificate Account requires a minimum initial deposit of $750 to open an account.

What types of early withdrawal penalties does Hudson Valley Federal Credit Union Flex Rate Certificate Account charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Hudson Valley Federal Credit Union does not charge an early withdrawal fee.