MOHAWK VALLEY

Headquarters

9212 RIVER RD
Marcy, NY 13403
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.20% →
1-Year CD 1.01% 1.10% →
2-Year CD 1.11% 1.15% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Mohawk Valley is an NCUA insured institution located in Marcy, NY. It was founded in 1971 and has approximately $38.21 millions in assets.

NCUA Insured Yes
Charter Number # # 20823
Date Established 1971
Assets $38.21 million
Loans $21.33 million
Deposits $33.11 million
Capital $4.94 million
 

Field of Membership Restrictions

Membership is open to employees or retirees of Herkimer County or employees of New York State.

Deposit Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.50% $2,500 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.60% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
1.01% $10,000 $14,999 Learn More
12 Mo CD
1.01% $100,000 $199,999 Learn More
18 Mo CD
1.01% $10,000 $14,999 Learn More
18 Mo CD
1.01% $100,000 $199,999 Learn More
24 Mo CD
1.11% $10,000 $14,999 Learn More
24 Mo CD
1.11% $100,000 $199,999 Learn More
30 Mo CD
1.11% $10,000 $14,999 Learn More
30 Mo CD
1.11% $100,000 $199,999 Learn More
36 Mo CD
1.31% $10,000 $14,999 Learn More
36 Mo CD
1.31% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MOHAWK VALLEY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.930% 2.875% 0.75 $1,760 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to MOHAWK VALLEY
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Mohawk Valley branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Mohawk Valley Locations


Financial Details

Mohawk Valley Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mohawk Valley. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Mohawk Valley U.S. Average
5.83% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Mohawk Valley had $77,369 in non-current loans and $216,906 in owned assets. To cover these potential losses it had $4,936,859 in net worth and $111,422 in loans loss reserves. That gives it a Texas Ratio of 5.83%.

Net Worth
Mohawk Valley U.S. Average
12.92% 13.61%

Mohawk Valley FCU has a net worth of 12.92% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Mohawk Valley

Branches and Savings

What is Mohawk Valley?

A federal credit union, registered with the NCUA under certificate #20823.
Learn more about credit unions here.

Is Mohawk Valley FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Mohawk Valley?

Please see Field of Membership information above for information on who is eligible to join.

What are Mohawk Valley's share account and share certificate rates?

Mohawk Valley's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Mohawk Valley?

Mohawk Valley has total capital of $4.94 million. Full information on Mohawk Valley's financial position is located above.

Who owns Mohawk Valley?

Credit Unions are owned by their members.

Where are Mohawk Valley branches located?

See branch locations nearby.

Are Mohawk Valley ATMs Open 24/7?

Do Mohawk Valley ATMs accept cash deposits?

Can Mohawk Valley customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Mohawk Valley have a mobile app?

Does Mohawk Valley have mobile deposit?

Does Mohawk Valley have quick pay?

How can Mohawk Valley transfer money to other banks or credit unions?

Does Mohawk Valley report to credit bureaus?

Does Mohawk Valley use Chexsystems?

Does Mohawk Valley use Equifax?

What is Mohawk Valley's toll free phone number?

What is Mohawk Valley's ACH Routing Number?

What is Mohawk Valley's SWIFT code?

Where can I find Mohawk Valley's wire transfer form?

What is the Mohawk Valley address for deposits?

What Products Does Mohawk Valley Offer

Does Mohawk Valley offer mortgages?

Compare mortgage rates here.

Does Mohawk Valley offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mohawk Valley offer auto and RV loans?

Compare auto loan rates here.

Does Mohawk Valley offer student loans or personal loans?

Compare personal loan rates here.

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