[Select Areas In NY] Mid-Hudson Valley Federal Credit Union $200 Checking Bonus

Update 1/21/23: Deal is back, no end date listed. Hat tip to 14lopeza

Update 4/2/22: Extended until December 31, 2022.

Update 1/5/22: Extended through MARCH 31, 2022

Update 1/1/20: Deal is back and valid until March 31, 2021

Offer at a glance

• Maximum bonus amount: $200
• Availability: Must live, work, worship, volunteer or attend school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan or Westchester county all in NY
• Direct deposit required: Yes, $500+
• Additional requirements: Use promo code
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $105
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: June 30th, 2019 October 29, 2019 December 31st, 2019 June 30th, 2020 September 30, 2020 December 31, 2020 March 31, 2021 June, 2021 September 30, 2021 December 31, 2021.

The Offer

Direct link to offer

• Mid-Hudson Valley Federal Credit Union is offering a bonus of $200 when you open a new checking account and complete the following requirements:
  • Use promo code PEEKSKILL200
  • Set up direct deposit of $500 or more within 60 days of account opening

 

The Fine Print

• To receive $200 bonus, member must use promo code and must qualify, open and maintain a new checking account with debit card, and direct deposit must be at least $500 or more made into MHV Checking Account within 60 days of account opening or bonus will be forfeited.
• One bonus per member with no additional or previous checking accounts within the past 2 years.
• Bonus will be deposited in primary share within 30 days of direct deposit and is subject to IRS reporting.
• Offer valid through June 30, 2019.
• Offer subject to terminate at any time. Cannot be combined with any other offer. Existing members must be in good standing.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

I wasn’t able to find a fee schedule so not sure if there is any EATF or not.

Our Verdict

Need to know whether it’s a hard or soft pull to open, if anybody decides to go for this bonus then please share your experiences and data points below.

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Post history:

• Update 10/11/20: Deal is back and valid until December 31, 2020.
• Update 9/12/20: Deal is back and valid until September 30, 2020. Hat tip to reader Harold
• Update 4/18/20: Deal is back and valid until June 30th, 2020.
• Update 9/4/19: Deal has been extended until October 29, 2019. Hat tip to reader Joe F
• Update 8/28/19: Deal is back and valid until August 31st, 2019. Hat tip to reader Joe F