Featured Savings Rates
Featured Accounts

Empower Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.90%5-year CD5 Year Share Certificate
1.80%4-year CD4 Year Share Certificate
1.55%3-year CD3 Year Share Certificate

Overview / Commentary
315-477-2200
1 Member Way
Syracuse, NY 13212

Empower Federal Credit Union is headquartered in Syracuse and is the 11th largest credit union in the state of New York. It is also the 150th largest credit union in the nation. It was established in 1939 and as of September of 2017, it had grown to 468 employees and 172,291 members at 24 locations. Empower Federal Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Empower Federal Credit Union is open to those who live, work, worship, or attend school in the following areas: (1) the Cities of Buffalo, Binghamton, Syracuse, and Utica; (2) the towns of Geddes, Cheektowaga, and Union; (3) Oswego County; (4) designated areas of Liverpool, Montgomery County, Village of New York Mills, City of Elmira (except census tract #5, West Elmira, and Big Flats), Village of Elmira Heights, Nedrow, and Village of Horseheads. Membership is also open to employees and members of over 300 Select Employee Groups.
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Reviews (1)

Amazing - Bye Bye Solvay Bank

Posted by: BTR | May 22, 2017

Once you try this organization, you will wonder how you banked anywhere else. once upon a time I was with Solvay Bank. Terrible, especially in comparison.
My wife and I have now moved everything over to Empower, and have not regretted it one bit.
Just the savings from fees is worth it. Rates are great and the customer service is second to none.

If you qualify to bank here - do it!



Health

Health Grade Components

Overall
NCUA #3025
Year Chartered1939
Employees468
Primary Regulator
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD10.2%
Annual Interest Income$50.9MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$1.64B$1.52B
LoansQ3 2017vs Q3 2016$1.31B$1.22B
DepositsQ3 2017vs Q3 2016$1.44B$1.35B
Equity CapitalQ3 2017vs Q3 2016$165.9MM$154.4MM
Loan Loss AllowanceQ3 2017vs Q3 2016$13.6MM$11.3MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$9.3MM$10.1MM
Real Estate OwnedQ3 2017vs Q3 2016$686.00K$1.3MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Empower Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$10k*-HSA Share Draft Checking
OTHER TIERS: 0.10% Up to $2,500 | 0.15% $2,500 - $5k | 0.20% $5k - $10k
0.15%--Regular Share Savings
0.15%--IRA Share Savings Account
0.15%--Health Savings Account (HSA)
0.15%--Generations - Dollar Dog Kids Club
0.15%--Generations - Teen Zone
0.15%--Holiday Club Account
0.15%--Vacation Club Account
0.15%--Insurance Club Account
0.15%--Empower Club Account
0.15%--Business Share Savings Account

Empower Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$250k*-Premium Money Market
OTHER TIERS: 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k
0.50%*$250k*-Premium Money Market IRA
OTHER TIERS: 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k
0.50%*$250k*-Business Money Market Account
OTHER TIERS: 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k

Empower Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%*$100k*-5 Year Share Certificate
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.90%*$100k*-10 Year Share Certificate
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.90%*$100k*-Business 5 Year Share Certificate
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.90%*$100k*-Business 10 Year Share Certificate
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.80%*$100k*-4 Year Share Certificate
OTHER TIERS: 1.50% $500 - $2,500 | 1.55% $2,500 - $5k | 1.60% $5k - $10k | 1.65% $10k - $25k | 1.70% $25k - $50k | 1.75% $50k - $100k
1.80%*$100k*-Business 4 Year Share Certificate
OTHER TIERS: 1.50% $500 - $2,500 | 1.55% $2,500 - $5k | 1.60% $5k - $10k | 1.65% $10k - $25k | 1.70% $25k - $50k | 1.75% $50k - $100k
1.55%*$100k*-3 Year Share Certificate
OTHER TIERS: 1.25% $500 - $2,500 | 1.30% $2,500 - $5k | 1.35% $5k - $10k | 1.40% $10k - $25k | 1.45% $25k - $50k | 1.50% $50k - $100k
1.55%*$100k*-Business 3 Year Share Certificate
OTHER TIERS: 1.25% $500 - $2,500 | 1.30% $2,500 - $5k | 1.35% $5k - $10k | 1.40% $10k - $25k | 1.45% $25k - $50k | 1.50% $50k - $100k
1.40%*$100k*-30 Month Share Savings Certificate
OTHER TIERS: 1.10% $500 - $2,500 | 1.15% $2,500 - $5k | 1.20% $5k - $10k | 1.25% $10k - $25k | 1.30% $25k - $50k | 1.35% $50k - $100k
1.40%*$100k*-Business 30 Month Share Certificate
OTHER TIERS: 1.10% $500 - $2,500 | 1.15% $2,500 - $5k | 1.20% $5k - $10k | 1.25% $10k - $25k | 1.30% $25k - $50k | 1.35% $50k - $100k
1.20%*$100k*-24 Month Share Certificate
OTHER TIERS: 0.90% $500 - $2,500 | 0.95% $2,500 - $5k | 1.00% $5k - $10k | 1.05% $10k - $25k | 1.10% $25k - $50k | 1.15% $50k - $100k
1.20%*$100k*-24 Month Generation Wealth Builder Share Certificate
OTHER TIERS: 0.90% $100 - $2,500 | 0.95% $2,500 - $5k | 1.00% $5k - $10k | 1.05% $10k - $25k | 1.10% $25k - $50k | 1.15% $50k - $100k
1.20%*$100k*-Business 24 Month Share Certificate
OTHER TIERS: 0.90% $500 - $2,500 | 0.95% $2,500 - $5k | 1.00% $5k - $10k | 1.05% $10k - $25k | 1.10% $25k - $50k | 1.15% $50k - $100k
1.10%*$100k*-18 Month Share Certificate
OTHER TIERS: 0.80% $500 - $2,500 | 0.85% $2,500 - $5k | 0.90% $5k - $10k | 0.95% $10k - $25k | 1.00% $25k - $50k | 1.05% $50k - $100k
1.10%*$100k*-Business 18 Month Share Certificate
OTHER TIERS: 0.80% $500 - $2,500 | 0.85% $2,500 - $5k | 0.90% $5k - $10k | 0.95% $10k - $25k | 1.00% $25k - $50k | 1.05% $50k - $100k
0.95%*$100k*-12 Month Share Certificate
OTHER TIERS: 0.65% $500 - $2,500 | 0.70% $2,500 - $5k | 0.75% $5k - $10k | 0.80% $10k - $25k | 0.85% $25k - $50k | 0.90% $50k - $100k
0.95%*$100k*-12 Month Generation Wealth Builder Share Certificate
OTHER TIERS: 0.65% $100 - $2,500 | 0.70% $2,500 - $5k | 0.75% $5k - $10k | 0.80% $10k - $25k | 0.85% $25k - $50k | 0.90% $50k - $100k
0.95%*$100k*-Business 12 Month Share Certificate
OTHER TIERS: 0.65% $500 - $2,500 | 0.70% $2,500 - $5k | 0.75% $5k - $10k | 0.80% $10k - $25k | 0.85% $25k - $50k | 0.90% $50k - $100k
0.65%*$100k*-6 Month Share Certificate
OTHER TIERS: 0.35% $500 - $2,500 | 0.40% $2,500 - $5k | 0.45% $5k - $10k | 0.50% $10k - $25k | 0.55% $25k - $50k | 0.60% $50k - $100k
0.65%*$100k*-Business 6 Month Share Certificate
OTHER TIERS: 0.35% $500 - $2,500 | 0.40% $2,500 - $5k | 0.45% $5k - $10k | 0.50% $10k - $25k | 0.55% $25k - $50k | 0.60% $50k - $100k
0.25%$500-3 Month Share Certificate
0.25%$500-Business 3 Month Share Certificate

Empower Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%*$100k*-5 Year Share Savings Certificate IRA
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.90%*$100k*-10 Year Share Savings Certificate IRA
OTHER TIERS: 1.60% $500 - $2,500 | 1.65% $2,500 - $5k | 1.70% $5k - $10k | 1.75% $10k - $25k | 1.80% $25k - $50k | 1.85% $50k - $100k
1.80%*$100k*-4 Year Share Savings Certificate IRA
OTHER TIERS: 1.50% $500 - $2,500 | 1.55% $2,500 - $5k | 1.60% $5k - $10k | 1.65% $10k - $25k | 1.70% $25k - $50k | 1.75% $50k - $100k
1.55%*$100k*-3 Year Share Savings Certificate IRA
OTHER TIERS: 1.25% $500 - $2,500 | 1.30% $2,500 - $5k | 1.35% $5k - $10k | 1.40% $10k - $25k | 1.45% $25k - $50k | 1.50% $50k - $100k
1.40%*$100k*-30 Month Share Savings Certificate IRA
OTHER TIERS: 1.10% $500 - $2,500 | 1.15% $2,500 - $5k | 1.20% $5k - $10k | 1.25% $10k - $25k | 1.30% $25k - $50k | 1.35% $50k - $100k
1.20%*$100k*-24 Month Share Savings Certificate IRA
OTHER TIERS: 0.90% $500 - $2,500 | 0.95% $2,500 - $5k | 1.00% $5k - $10k | 1.05% $10k - $25k | 1.10% $25k - $50k | 1.15% $50k - $100k
1.10%*$100k*-18 Month Share Savings Certificate IRA
OTHER TIERS: 0.80% $500 - $2,500 | 0.85% $2,500 - $5k | 0.90% $5k - $10k | 0.95% $10k - $25k | 1.00% $25k - $50k | 1.05% $50k - $100k
0.95%*$100k*-12 Month Share Savings Certificate IRA
OTHER TIERS: 0.65% $500 - $2,500 | 0.70% $2,500 - $5k | 0.75% $5k - $10k | 0.80% $10k - $25k | 0.85% $25k - $50k | 0.90% $50k - $100k
0.65%*$100k*-6 Month Share Savings Certificate IRA
OTHER TIERS: 0.35% $500 - $2,500 | 0.40% $2,500 - $5k | 0.45% $5k - $10k | 0.50% $10k - $25k | 0.55% $25k - $50k | 0.60% $50k - $100k
0.25%$500-3 Month Share Savings Certificate IRA
Locations

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