HVBenefits

HVBenefits is an extraordinary package of financial “perks” offered to employees of local businesses and members of local organizations.  The program features a variety of special bonuses and discounts and we’ll even arrange to open accounts right at your place of business.

Deposit Perks

HVBenefits Checking is the passport to all of the plan’s special bonuses and discounts.  With direct deposit of an employee’s pay (or transfer of their primary checking to HVB if direct deposit isn’t offered) and no minimum balance requirement, employees &/or members will earn one of the highest interest checking rates in the area and also enjoy:

• Special HVBenefits check orders provided free of charge
• Unlimited Check Writing without any per-item charges
• No Fee VISA Debit Card with up to four monthly surcharge refunds per month
• Original cancelled checks returned Free with monthly statements
• Higher rates on Savings, Money Market and Certificate of Deposit accounts
• No Fee overdraft transfers when linked to an HVB checking, savings, money market or line of credit*

*Federal Regulations limit the number of withdrawals or transfers to six (6) per statement cycle, of which only three (3) may be payments by check, draft, debit card or similar order to third parties.

Borrowing Perks

Home Equity Loans

Whether you choose a fixed rate loan with a specific term or a line of credit, you are entitled to the following:

• Same day approval
• No annual fees
• No closing costs
• No application fees (1)
• Discounted rates with automatic deduction from your HVBenefits Checking account
  • Fixed Term - .50% off our posted rate
  • Line of Credit – Nine-month introductory rate, then Prime minus .25%, subject to change monthly
• Interest may be tax deductible (2)
  (1) An application recapture fee may apply if a loan is paid off early
  (2) Consult your tax advisor regarding deductibility

Mortgages

From fixed and adjustable rate mortgages to balloon loans, construction loans and first-time homebuyer loans, we have the products to meet your individual needs, plus

• $350 refund of the application fee at settlement on any new mortgage
• First-Time Homebuyer programs not widely offered by other lenders
• Access to special grant programs, reduced loan fees and title insurance discounts

Additional Perks

Free On-Line Banking: Safe, secure and free 24-hour access to your accounts.

• Check loan and deposit balances
• Transfer funds between accounts
• View check images
• Advance money from your line of credit to your checking account
• Determine what checks have cleared
• You can also access your accounts with 24/7 telephone banking

Free On-Line Bill Payment: Save time and money with this popular service.

• Bank when it’s convenient for you
• Fifteen no-fee payments per month
• Schedule recurring payments
• Receive, view and pay e-bills
• Set up reminders
• Assistance setting up your accounts

Plus

• No fee money orders, bank checks, signature guarantees, notary service and American Express traveler’s checks
• Free retirement and college fund planning
• Safe deposit discounts