• Letter of Credit secured by cash held in an Empower account
  • Maximum term of one year, renewable annually thereafter
  • Low annual fee
  • Quick turnaround from application to insurance
  • Origination fee will apply


To Apply: After completion of the PDF application, please submit a hard copy to our Business Lending Department:

Empower Federal Credit Union
Business Lending
1 Member Way
Syracuse, NY 13212

Please note: In order to process the application, all required information must be provided and be complete.