Set Aside Funds for Future Success
Grow your money and achieve the loftiest of goals with a Business Savings account. Earn interest and have cash available for unexpected expenses, or store money away for a future business expansion.
Make Progress on Your Goals
Hold funds aside in an easy-to-access business savings account. Link your HVCU Value or Enhanced Business Checking Account and avoid the inconvenience of overdrafts. Prepare for unforeseen expenses with secure access to your reserves when you need them.
There’s No Such Thing as Excess Capital
Just funds that can work harder. One of our dedicated business relationship experts can help you start saving or establish overdraft protection.
Open a Business Savings Account
If you live, work, worship, attend school, volunteer, or run a business in Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Ulster, or Westchester County, you can open a business savings account at HVCU.
EIN or SSN
All businesses must provide an Employer Identification Number (EIN) or Social Security Number (SSN), for Sole Proprietors.
Vary based on business structure, but generally include business formation documents, and certificate of assumed name.
Government Issued ID
Personal identification such as a Driver’s License or passport is required.
Explore Other Ways to Reach Your Business Goals
Save for future business expenses and projects. Competitive rates on higher balances and longer term periods.
Tiered Money Markets
Convenient way for you to maximize business earnings while maintaining flexibility. Higher balances earn higher interest.
Manage payables and receivables with a simple, easy-to-use business checking account.
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
Image of Smiling FemaleHVCU Member18 YearsI appreciate the personalized service and ease of access to banking resources.
Image of Male ProfessionalHVCU Member3 YearsFor small business it was great and super easy.
Image of Black Male ProfessionalHVCU Member11 YearsFriendly, professional, and easy to use.
Image of Male FarmerHVCU Member1 YearThe CU is very well established and is a very good financial institution.
Image of Smiling black womanHVCU Member2 YearsFriendly, professional, great branch experience. Hassle free car loan, very easy to do business with.
Important Legal Disclosures & Information
1The minimum requirement of par value for a membership share is $0.01 deposited into a primary savings account. An average daily balance of $0.01 is required to maintain membership.