HVCU Value
Business Checking
$0 or $10 low balance fee.
Low balance fee waived when you maintain a balance of $2,500.
HVCU Enhanced
Business Checking
$0 or $30 low balance fee.
Low balance fee waived when you maintain a balance of $10,000.
Money Market
Accounts
A secure investment with the flexibility of a checking account.
Explore account options.
Why Hudson Valley Credit Union?
As your financial partner, you can be sure that your business checking account will work as hard as you do. We’re locally established and community-focused with the competitive products and services you’ll need to achieve your business goals.
Business account that puts you in control
Full transparency so both small businesses and large corporations can manage cash flow, deposits, and transfers with lower fees than commercial banks.
Accessibility and locality
21 regional branches and 85,000+ surcharge-free nationwide ATMs.
Real people, real results
In-branch business support, live chat, and local customer service reps.
Secure business banking
Fraud monitoring, custom account alerts, and more keep your funds safe.
Compare Business Checking Accounts and Find the Best Fit
| Checking Account Feature | Value Business Checking | Enhanced Business Checking |
|---|---|---|
| Average daily balance | $2,500
|
$10,000
|
| Monthly transactions (combined ACH/check transactions) | 250
|
500
|
| Visa® Debit Card with chip technology | X
|
X
|
| Domestic & international wire transfer | X
|
X
|
| HVCU fee waived at non-HVCU ATMs | 12 per month
|
12 per month
|
| Bill Pay | Dot Icon here | X
|
| Daily dividends | Dot Icon here | X
|
| Free official checks | Dot Icon here | X
|
| No charge for guaranteed checks | Dot Icon here | X
|
| Discounts with Cash Management Services | Dot Icon here | X
|
| Overdraft Protection1 | Dot Icon here | X
|
| Privilege Pay2,3 | Dot Icon here | X
|
Business Checking Features That Help Your Business Grow
- Easily switch your accounts over to HVCU with ClickSWITCH
- Manage your business banking online with Internet Banking and Mobile Banking through the HVCU app
- Online and mobile Bill Pay
- Night deposit boxes
- Visa® Debit Reward Cards for you and your employees
- Contactless payments and purchases with your Visa Business Debit Card and Mobile Wallet
- Secure purchasing with Visa Secure and Online Checkout with Visa
What Do You Need to Open a Business Checking Account?
- Your Social Security Number or Business Tax ID
- Legal business name and DBA (“doing business as”) name
- Date of establishment
- Personal identification, such as a Driver’s License or passport
- Certificate of assumed name
- Business formation documents
- Ownership agreements
Check Out Our Other Business Account Options
IOLA Checking
Manage your client’s funds with ease, affordability, and tiered dividend rates.
Specialized Business Accounts
Hudson Valley Credit Union is here to ensure that businesses in the region can participate and thrive in their industry, with the business banking that best meets their needs.
Business Services
Optimize business performance and get the support you need to make your business goals attainable.
Your Money Is Protected
Accounts at HVCU are Federally Insured for up to $250,000. Share insurance coverage is provided by the National Credit Union Administration (NCUA), an independent government agency that charters, regulates and insures federal credit unions. Visit mycreditunion.gov to learn more about your Share Insurance Coverage.
What Your Neighbors Are Saying
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Image of Male ProfessionalHVCU Member10 YearsI have my personal accounts, mortgage and my business account at HVCU for many years and feel they are the best bank in the area.
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Image of Smiling female with blond hairHVCU Member11 YearsI have been a member for a long time with my personal accounts and that is the reason I opened my business account at HV. Great staff at the Carmel location and an absolute pleasure to deal with.
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Image of Female ProfessionalHVCU Member10 YearsGood service, long hours open, straight-forward fees, and excellent employees who are ready to go over financial options & help out whenever asked.
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Image of Male ProfessionalHVCU Member8 YearsFriendly representatives, great branches for when I need to visit in-person, love the app.
We Are Here To Help
Important Legal Disclosures & Information
Visa is a registered trademark of Visa International Service Association.
1 Overdraft protection from a business savings account is subject to a fee in accordance with the Business Fee Schedule and to the maximum number of transactions described in the transaction limitations section in HVCU’s Business Account Agreement.
2 Privilege Pay is not available for estate, organizational, custodial, infant compromise, memorial, or guardian/conservator accounts. Eligibility for Business Privilege Pay is based on multiple factors which include but are not limited to, age of your Business Membership, the standing of your Business Account, and status of your loans, among other factors.
3 A fee is assessed for each Business Privilege Pay item paid (maximum coverage of up to $1,500, including Privilege Pay item fees) as set forth in the Business Fee Schedule. You have 30 days to repay the negative balance however, we will withdraw funds from other business accounts as early as the following day if funds are available to bring the negative balance current.