COVID-19 Update - April 2, 2020 - For the safety of our members, staff and the public, HCU will temporarily be closing our West Springfield Branch as of Mon. April 6, 2020. ATMs in West Springfield will remain functional. HCU will temporarily be reducing the hours in the Holyoke and Feeding Hills branches. They will be open Mon.-Fri.: 10am-3pm and Sat. 9am-12pm. Mobile banking, online banking and HCU's Member Solutions Call Center will continue to be available. For more complete information please see the News article "Important Message to Our Members" below.

Deposit Rates for Business Accounts


Business Savings Account

Rates Effective: 02/25/2020

Savings Product Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open
Business Savings Account 0.01% 0.01% $1,000.00
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.


Business Mutual Money Market Account

Rates Effective: 02/25/2020

Business Mutual Money Market Account Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open Minimum Balance to Earn Stated APY
TIER 1: $0 - $20,000.00 0.010% 0.010% $10.00 $0.01
TIER 2: $20,000.01 and up 0.200% 0.200% $10.00 $20,000.01
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.