Hudson Valley Federal Credit Union Flex Rate Certificate Account Review

Hudson Valley Federal Credit Union Flex Rate Certificate Account is offered by Hudson Valley Federal Credit Union, a credit union founded in 1963 and based in Poughkeepsie, NY. Hudson Valley Federal Credit Union Flex Rate Certificate Account is available in 1 state across the USA.

Are cd accounts from Hudson Valley Federal Credit Union federally insured?

Yes, your Hudson Valley Federal Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

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.