Hudson Valley Credit Union (HVCU) is offering a generous business banking bonus of up to $1,500 when you open a qualifying business checking account and complete a few straightforward requirements. Whether you’re a small startup or a growing enterprise, this offer is one of the most competitive for business accounts right now.
Want the best bank bonuses nationwide? Check out our top picks here—including huge offers from BMO and Chase that you won’t want to miss! For business, the Chase Business Complete is a great choice.
Key Takeaways
- Bonus Amount: $750 or $1,500
- Account Types:
- Value Business Checking (Earn $750)
- Enhanced Business Checking (Earn $1,500)
- Expiration Date: May 23, 2025
- Direct Deposit Required: Not specifically, but ACH credits count as qualifying transactions
- Monthly Fee:
- Value: $0 or $10
- Enhanced: $0, $20, or $30 (based on balance)
- Where to Open: Online or in-branch with a business banking expert
How To Qualify
Step-by-step:
- Open your first eligible business checking account at HVCU:
- Value Business Checking for the $750 bonus
- Enhanced Business Checking for the $1,500 bonus
- Make qualifying deposits within 90 days:
- $2,500 minimum for Value
- $7,500 minimum for Enhanced
- Must maintain the average balance through the end of the third full calendar month after opening
- Enroll in HVCU Online Banking
- Complete at least 10 qualifying transactions within 90 days:
- Includes deposits, ACH credits, wire transfers, Bill Pay, and debit card purchases
When You’ll Get Paid
The bonus will be deposited within 30 days after all the above steps are completed and verified. You must keep the account open and in good standing at payout time.
Who’s Eligible
- New and existing business members
- Must not currently hold an HVCU business checking account
- Limit one bonus per business
- Employees of HVCU are not eligible
Fees and Requirements
- Value Checking: $0 or $10 monthly fee
- Enhanced Checking: $0, $20, or $30 monthly fee depending on balance
- Monthly fee waived with qualifying average balance
Our Take
This is a high-value business checking bonus—rare to see a $1,500 offer that doesn’t require traditional payroll direct deposit. With 10 simple transactions and a qualifying balance, this could be an easy win for businesses with idle cash.
Whether you’re looking for cost-effective banking or expanded business services, HVCU’s offer stacks up well against the competition.
We recommend it for small business owners in New York and surrounding areas who can meet the deposit requirement and want to take advantage of full-service banking.
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