Featured Savings Rates
Featured Accounts
  2. Empower Federal Credit Union

Empower Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.35%5-year CD5 Year Share Certificate
2.90% - Goldman Sachs Bank USA High-yield 5 Year CDAdvertisement
2.15%4-year CD4 Year Share Certificate
2.65% - Barclays 48 Month Online CDAdvertisement
2.05%3-year CD3 Year Share Certificate
2.55% - Barclays 36 Month Online CDAdvertisement
View all Empower Federal Credit Union rates »

Overview / Commentary
www.empowerfcu.com
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 146th largest credit union in the nation. It was established in 1939 and as of March of 2018, it had grown to 502 employees and 181,582 members at 24 locations. Empower Federal Credit Union's money market rates are 59% 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.
See current membership details

Related Posts

View all posts from:


Reviews (2)

Empower Credit Union

Posted by: tamihall | Jan 29, 2018

I have never banked with a credit union until I decided to open an account at Empower. I had heard great things about them for years from friends and work colleagues. I was tired of banking with other institutions because of crazy fees and ridiculous overdraft charges. I finally had enough and decided to go in and check out Empower to see what they had to offer. I was immediately impressed with the level of professionalism and friendliness I encountered as soon as I walked into the bank! The gentleman that helped me open the account was very helpful, kind, and patient. I was also surprised to find that the requirements to sign up for an account with Empower was easy and very doable for someone like me with a limited income. Only a $50 minimum deposit and I was able to open not only a checking account, but also a savings account with no additional cost! No annual fees, respectable overdraft charges with excellent overdraft protection, and I only needed to keep a minimum balance of $25 in my savings account. I also received a several books of checks for free and free debit transactions each month! They also offered direct deposit which is very convenient because I work a lot and don't always have the time to go and cash my checks. I was also offered a line of credit with great interest rates (which I politely turned down). I was also happy to learn that they have a program in which they help new homeowners purchase houses! They also offer a wide variety of savings and investment options, I can get my taxes done for a very reasonable fee, and they even have a free coin counter in house which is great because I love turning my change into cash to put into my account! Overall my experience with Empower was and continues to be amazing! I am completely satisfied and never happier that I decided to bank with them!

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!

1


Health
A

Data as of Q1 2018

Learn why bank health matters

Health Grade Components

Overall
NCUA #3025
Year Chartered1939
Employees502
Primary Regulator
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD10.28%
Annual Interest Income$18.0MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$1.74B$1.63B
LoansQ1 2018vs Q1 2017$1.35B$1.26B
DepositsQ1 2018vs Q1 2017$1.54B$1.44B
Equity CapitalQ1 2018vs Q1 2017$168.5MM$155.8MM
Loan Loss AllowanceQ1 2018vs Q1 2017$14.3MM$12.6MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$6.8MM$7.7MM
Real Estate OwnedQ1 2018vs Q1 2017$410.00K$923.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Empower Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* 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 Account
0.15%--Health Savings Account (HSA)
0.15%--Club Accounts
0.15%--Business Share Savings

Empower Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$250k*-Premium Money Market
OTHER TIERS: 0.45% → $2,500 - $10k | 0.50% → $10k - $25k | 0.55% → $25k - $50k | 0.60% → $50k - $100k | 0.65% → $100k - $250k
0.70%*$250k*-Premium Money Market IRA
OTHER TIERS: 0.45% → $2,500 - $10k | 0.50% → $10k - $25k | 0.55% → $25k - $50k | 0.60% → $50k - $100k | 0.65% → $100k - $250k
0.70%*$250k*-Business Money Market Account
OTHER TIERS: 0.45% → $2,500 - $10k | 0.50% → $10k - $25k | 0.55% → $25k - $50k | 0.60% → $50k - $100k | 0.65% → $100k - $250k

Empower Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.35%*$100k*-5 Year Share Certificate
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.35%*$100k*-10 Year Share Certificate
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.35%*$100k*-Business 5 Year Share Certificate
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.35%*$100k*-Business 10 Year Share Certificate
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.15%*$100k*-4 Year Share Certificate
OTHER TIERS: 1.85% → $500 - $2,500 | 1.90% → $2,500 - $5k | 1.95% → $5k - $10k | 2.00% → $10k - $25k | 2.05% → $25k - $50k | 2.10% → $50k - $100k
2.15%*$100k*-Business 4 Year Share Certificate
OTHER TIERS: 1.85% → $500 - $2,500 | 1.90% → $2,500 - $5k | 1.95% → $5k - $10k | 2.00% → $10k - $25k | 2.05% → $25k - $50k | 2.10% → $50k - $100k
2.05%*$100k*-3 Year Share Certificate
OTHER TIERS: 1.75% → $500 - $2,500 | 1.80% → $2,500 - $5k | 1.85% → $5k - $10k | 1.90% → $10k - $25k | 1.95% → $25k - $50k | 2.00% → $50k - $100k
2.05%*$100k*-Business 3 Year Share Certificate
OTHER TIERS: 1.75% → $500 - $2,500 | 1.80% → $2,500 - $5k | 1.85% → $5k - $10k | 1.90% → $10k - $25k | 1.95% → $25k - $50k | 2.00% → $50k - $100k
2.00%*$100k*-30 Month Share Certificate
OTHER TIERS: 1.70% → $500 - $2,500 | 1.75% → $2,500 - $5k | 1.80% → $5k - $10k | 1.85% → $10k - $25k | 1.90% → $25k - $50k | 1.95% → $50k - $100k
2.00%*$100k*-Business 30 Month Share Certificate
OTHER TIERS: 1.70% → $500 - $2,500 | 1.75% → $2,500 - $5k | 1.80% → $5k - $10k | 1.85% → $10k - $25k | 1.90% → $25k - $50k | 1.95% → $50k - $100k
1.90%*$100k*-24 Month 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*-24 Month Generation Wealth Builder Share Certificate
OTHER TIERS: 1.60% → $100 - $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 24 Month 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
1.60%*$100k*-18 Month Share Certificate
OTHER TIERS: 1.30% → $500 - $2,500 | 1.35% → $2,500 - $5k | 1.40% → $5k - $10k | 1.45% → $10k - $25k | 1.50% → $25k - $50k | 1.55% → $50k - $100k
1.60%*$100k*-Business 18 Month Share Certificate
OTHER TIERS: 1.30% → $500 - $2,500 | 1.35% → $2,500 - $5k | 1.40% → $5k - $10k | 1.45% → $10k - $25k | 1.50% → $25k - $50k | 1.55% → $50k - $100k
1.35%*$100k*-12 Month Share Certificate
OTHER TIERS: 1.05% → $500 - $2,500 | 1.10% → $2,500 - $5k | 1.15% → $5k - $10k | 1.20% → $10k - $25k | 1.25% → $25k - $50k | 1.30% → $50k - $100k
1.35%*$100k*-12 Month Generation Wealth Builder Share Certificate
OTHER TIERS: 1.05% → $100 - $2,500 | 1.10% → $2,500 - $5k | 1.15% → $5k - $10k | 1.20% → $10k - $25k | 1.25% → $25k - $50k | 1.30% → $50k - $100k
1.35%*$100k*-Business 12 Month Share Certificate
OTHER TIERS: 1.05% → $500 - $2,500 | 1.10% → $2,500 - $5k | 1.15% → $5k - $10k | 1.20% → $10k - $25k | 1.25% → $25k - $50k | 1.30% → $50k - $100k
0.90%*$100k*-6 Month Share Certificate
OTHER TIERS: 0.60% → $500 - $2,500 | 0.65% → $2,500 - $5k | 0.70% → $5k - $10k | 0.75% → $10k - $25k | 0.80% → $25k - $50k | 0.85% → $50k - $100k
0.90%*$100k*-Business 6 Month Share Certificate
OTHER TIERS: 0.60% → $500 - $2,500 | 0.65% → $2,500 - $5k | 0.70% → $5k - $10k | 0.75% → $10k - $25k | 0.80% → $25k - $50k | 0.85% → $50k - $100k
0.70%*$100k*-3 Month Share Certificate
OTHER TIERS: 0.40% → $500 - $2,500 | 0.45% → $2,500 - $5k | 0.50% → $5k - $10k | 0.55% → $10k - $25k | 0.60% → $25k - $50k | 0.65% → $50k - $100k
0.70%*$100k*-Business 3 Month Share Certificate
OTHER TIERS: 0.40% → $500 - $2,500 | 0.45% → $2,500 - $5k | 0.50% → $5k - $10k | 0.55% → $10k - $25k | 0.60% → $25k - $50k | 0.65% → $50k - $100k

Empower Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.35%*$100k*-5 Year IRA
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.35%*$100k*-10 Year IRA
OTHER TIERS: 2.05% → $500 - $2,500 | 2.10% → $2,500 - $5k | 2.15% → $5k - $10k | 2.20% → $10k - $25k | 2.25% → $25k - $50k | 2.30% → $50k - $100k
2.15%*$100k*-4 Year IRA
OTHER TIERS: 1.85% → $500 - $2,500 | 1.90% → $2,500 - $5k | 1.95% → $5k - $10k | 2.00% → $10k - $25k | 2.05% → $25k - $50k | 2.10% → $50k - $100k
2.05%*$100k*-3 Year IRA
OTHER TIERS: 1.75% → $500 - $2,500 | 1.80% → $2,500 - $5k | 1.85% → $5k - $10k | 1.90% → $10k - $25k | 1.95% → $25k - $50k | 2.00% → $50k - $100k
2.00%*$100k*-30 Month IRA
OTHER TIERS: 1.70% → $500 - $2,500 | 1.75% → $2,500 - $5k | 1.80% → $5k - $10k | 1.85% → $10k - $25k | 1.90% → $25k - $50k | 1.95% → $50k - $100k
1.90%*$100k*-24 Month 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
1.60%*$100k*-18 Month IRA
OTHER TIERS: 1.30% → $500 - $2,500 | 1.35% → $2,500 - $5k | 1.40% → $5k - $10k | 1.45% → $10k - $25k | 1.50% → $25k - $50k | 1.55% → $50k - $100k
1.35%*$100k*-12 Month IRA
OTHER TIERS: 1.05% → $500 - $2,500 | 1.10% → $2,500 - $5k | 1.15% → $5k - $10k | 1.20% → $10k - $25k | 1.25% → $25k - $50k | 1.30% → $50k - $100k
0.90%*$100k*-6 Month IRA
OTHER TIERS: 0.60% → $500 - $2,500 | 0.65% → $2,500 - $5k | 0.70% → $5k - $10k | 0.75% → $10k - $25k | 0.80% → $25k - $50k | 0.85% → $50k - $100k
0.70%*$100k*-3 Month IRA
OTHER TIERS: 0.40% → $500 - $2,500 | 0.45% → $2,500 - $5k | 0.50% → $5k - $10k | 0.55% → $10k - $25k | 0.60% → $25k - $50k | 0.65% → $50k - $100k
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.