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Rates

Empower Federal Credit Union is committed to helping you try to save money on personal loans and mortgages while delivering higher dividends on personal deposit and business savings accounts – all so you can achieve more of your financial goals.

Rates current as of July 8, 2022

New Auto/Motorcycle

New = current or next model year, or prior year untitled and unregistered with no miles (through March 2022). Some Restrictions Apply. 
Terms APR*
up to 36 mo 2.74%
37-48 mo 2.99%
49-66 mo 3.24%
67-75 mo 3.49%
76-84 mo 3.99%
Loan Payment Example: A $30,000 loan at 2.99% APR would have 60 monthly payments of $539.61 each month.  

Used Auto/Motorcycle

Used = 2016 & newer, or previously titled and registered. Some Restrictions Apply. 
Terms APR*
up to 36 mo 3.24%
37-48 mo 3.49%
49-66 mo 3.74%
67-75 mo 3.99%
76-84 mo 4.49%
Loan Payment Example: A $30,000 loan at 3.49% APR would have 60 monthly payments of $546.43 each month.  

New Recreational (Boats, Travel Trailers, RVs, Snowmobiles, Dirt Bikes/ATVs)

New = current or next model year, or prior year untitled and unregistered with no miles (through March 2022). Some Restrictions Apply. 
Terms APR*
up to 36 mo 4.74%
37-48 mo 5.24%
49-66 mo 5.49%
67-75 mo 6.24%
76-84 mo 6.49%
85-144 mo 8.49%
145-180 mo 9.24%
Loan Payment Example: A $30,000 loan at 3.99% APR would have 60 monthly payments of $553.29 each month.

Used Recreational (Boats, Travel Trailers, RVs, Snowmobiles, Dirt Bikes/ATVs)

Used = 2016 & newer, or previously titled and registered. Some Restrictions Apply. 
Terms APR*
up to 36 mo 5.24%
37-48 mo 5.74%
49-66 mo 5.99%
67-75 mo 6.74%
76-84 mo 6.99%
85-144 mo 8.99%
145-180 mo 9.74%
Loan Payment Example: A $30,000 loan at 4.49% APR would have 60 monthly payments of $560.22 each month.

Older Auto & Recreational Loans (Boats, Travel Trailers, RVs, Snowmobiles, Dirt Bikes/ATVs)

Older = 2013-2015
Terms APR*
up to 36 mo 5.44%
37-48 mo 5.99%
49-66 mo 6.24%
Loan Payment Example: A $30,000 loan at 5.49% APR would have 60 monthly payments of $574.22 each month.  

Home Equity

Rates current as of July 8, 2022
Terms APR*
60 months 4.99%
120 months 5.49%
180 months 5.99%
Loan Payment Example: A $50,000 loan at 3.74% APR would have 60 monthly payments of $916.42 each month. Taxes and insurance premiums are not included in the payment example, so the actual payment obligation may be greater. A first (or subsequent) lien position is placed on dwelling used as security for the loan.  

Personal

Rates current as of July 8, 2022
Terms APR*
up to 24 mo 6.49%
25-36 mo 6.99%
37-48 mo 7.74%
49-60 mo 7.99%
Loan Payment Example: A $10,000 balance at 10.49% APR would have 60 monthly payments of $215.84 each month.

Home Equity Line of Credit †

Rates current as of July 28, 2022
Index (Prime Rate) Margin Current APR* Maximum APR
5.50% -0.25% 5.25% 17.99%

Variable Rate Line of Credit †

Rates current as of July 28, 2022
Index (Prime Rate) Margin Current APR* Maximum APR
5.50% +10.00% 15.50% 17.99%
  • *APR = Annual Percentage Rate
  • Interest rates are current as of the date posted above and are subject to change without notice. Your Annual Percentage Rate for all loans will vary based upon creditworthiness, duration of the loan, type of collateral pledged and the total loan to value.
  • The interest rates shown are "as low as". Your Annual Percentage Rate for all loans may vary from the stated based upon creditworthiness.
 † Annual Percentage Rate may vary. Maximum APR that may be imposed in a variable-rate plan = 17.99%. 

Mastercard

Effective July 28, 2022
Index (Prime Rate) Margin Current APR* Maximum APR
5.50% +5.24% to 14.49% 10.74% to 17.99% 17.99%

Log into online banking to apply for an Empower loan online. The interest rate shown is 'as low as'. Your Annual Percentage Rate (APR) for the Mastercard credit card may vary from the stated APR, based upon creditworthiness.

All loans subject to approval. Rates, terms, and conditions subject to change. 

Membership Share Savings, Secondary Share Savings & Share Savings IRA Accounts* †‡

Effective July 8, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499.99 0.25% 0.25%
Tier 2 $2,500-$4,999.99 0.25% 0.25%
Tier 3 $5,000 and above 0.25% 0.25%

Health Savings Accounts*‡

Effective July 8, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499.99 0.55% 0.55%
Tier 2 $2,500-$4,999.99 0.60% 0.60%
Tier 3 $5,000-$9,999.99 0.65% 0.65%
Tier 4 $10,000 and above 0.75% 0.75%

Premium Money Market & Premium Money Market IRA* †‡

Effective July 8, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500-$9,999.99 0.45% 0.45%
Tier 2 $10,000-$24,999.99 0.50% 0.50%
Tier 3 $25,000-$49,999.99 0.55% 0.55%
Tier 4 $50,000-$99,999.99 0.60% 0.60%
Tier 5 $100,000-$249,999.99 0.75% 0.75%
Tier 6 $250,000 and up 0.90% 0.90%

Share Certificates & IRA Accounts †

Effective August 1, 2022
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-$2,499.99 0.35% 0.35%
  Tier 2 $2,500-$4,999.99 0.35% 0.35%
  Tier 3 $5,000-$9,999.99 0.35% 0.35%
  Tier 4 $10,000-$24,999.99 0.35% 0.35%
  Tier 5 $25,000-$49,999.99 0.35% 0.35%
  Tier 6 $50,000-$99,999.99 0.35% 0.35%
  Tier 7 $100,000 & higher 0.40% 0.40%
6 month Tier 1 $500-$2,499.99 0.55% 0.55%
  Tier 2 $2,500-$4,999.99 0.55% 0.55%
  Tier 3 $5,000-$9,999.99 0.55% 0.55%
  Tier 4 $10,000-$24,999.99 0.55% 0.55%
  Tier 5 $25,000-$49,999.99 0.55% 0.55%
  Tier 6 $50,000-$99,999.99 0.55% 0.55%
  Tier 7 $100,000 & higher 0.60% 0.60%
12 month Tier 1 $500-$2,499.99 1.35% 1.36%
  Tier 2 $2,500-$4,999.99 1.35% 1.36%
  Tier 3 $5,000-$9,999.99 1.35% 1.36%
  Tier 4 $10,000-$24,999.99 1.35% 1.36%
  Tier 5 $25,000-$49,999.99 1.35% 1.36%
  Tier 6 $50,000-$99,999.99 1.35% 1.36%
  Tier 7 $100,000 & higher 1.40% 1.41%
15 month1 Tier 1 $500-$2,499.99 2.00% 2.02%
  Tier 2 $2,500-$4,999.99 2.00% 2.02%
  Tier 3 $5,000-$9,999.99 2.00% 2.02%
  Tier 4 $10,000-$24,999.99 2.00% 2.02%
  Tier 5 $25,000-$49,999.99 2.00% 2.02%
  Tier 6 $50,000-$99,999.99 2.00% 2.02%
  Tier 7 $100,000 & higher 2.00% 2.02%
18 month Tier 1 $500-$2,499.99 1.40% 1.41%
  Tier 2 $2,500-$4,999.99 1.40% 1.41%
  Tier 3 $5,000-$9,999.99 1.40% 1.41%
  Tier 4 $10,000-$24,999.99 1.40% 1.41%
  Tier 5 $25,000-$49,999.99 1.40% 1.41%
  Tier 6 $50,000-$99,999.99 1.40% 1.41%
  Tier 7 $100,000 & higher 1.45% 1.46%
24 month Tier 1 $500-$2,499.99 1.50% 1.51%
  Tier 2 $2,500-$4,999.99 1.50% 1.51%
  Tier 3 $5,000-$9,999.99 1.50% 1.51%
  Tier 4 $10,000-$24,999.99 1.50% 1.51%
  Tier 5 $25,000-$49,999.99 1.50% 1.51%
  Tier 6 $50,000-$99,999.99 1.50% 1.51%
  Tier 7 $100,000 & higher 1.55% 1.56%
30 month Tier 1 $500-$2,499.99 1.55% 1.56%
  Tier 2 $2,500-$4,999.99 1.55% 1.56%
  Tier 3 $5,000-$9,999.99 1.55% 1.56%
  Tier 4 $10,000-$24,999.99 1.55% 1.56%
  Tier 5 $25,000-$49,999.99 1.55% 1.56%
  Tier 6 $50,000-$99,999.99 1.55% 1.56%
  Tier 7 $100,000 & higher 1.60% 1.61%
3 year Tier 1 $500-$2,499.99 1.60% 1.61%
  Tier 2 $2,500-$4,999.99 1.60% 1.61%
  Tier 3 $5,000-$9,999.99 1.60% 1.61%
  Tier 4 $10,000-$24,999.99 1.60% 1.61%
  Tier 5 $25,000-$49,999.99 1.60% 1.61%
  Tier 6 $50,000-$99,999.99 1.60% 1.61%
  Tier 7 $100,000 & higher 1.65% 1.66%
4 year Tier 1 $500-$2,499.99 1.70% 1.71%
  Tier 2 $2,500-$4,999.99 1.70% 1.71%
  Tier 3 $5,000-$9,999.99 1.70% 1.71%
  Tier 4 $10,000-$24,999.99 1.70% 1.71%
  Tier 5 $25,000-$49,999.99 1.70% 1.71%
  Tier 6 $50,000-$99,999.99 1.70% 1.71%
  Tier 7 $100,000 & higher 1.75% 1.77%
5 year Tier 1 $500-$2,499.99 1.80% 1.82%
  Tier 2 $2,500-$4,999.99 1.80% 1.82%
  Tier 3 $5,000-$9,999.99 1.80% 1.82%
  Tier 4 $10,000-$24,999.99 1.80% 1.82%
  Tier 5 $25,000-$49,999.99 1.80% 1.82%
  Tier 6 $50,000-$99,999.99 1.80% 1.82%
  Tier 7 $100,000 & higher 1.85% 1.87%
10 year Tier 1 $500-$2,499.99 0.80% 0.80%
  Tier 2 $2,500-$4,999.99 0.80% 0.80%
  Tier 3 $5,000-$9,999.99 0.80% 0.80%
  Tier 4 $10,000-$24,999.99 0.80% 0.80%
  Tier 5 $25,000-$49,999.99 0.80% 0.80%
  Tier 6 $50,000-$99,999.99 0.80% 0.80%
  Tier 7 $100,000 & higher 0.80% 0.80%

Wealth Builder Share Certificate Account †

Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
12 month Tier 1 $100-$2,499.99 1.35% 1.36%
  Tier 2 $2500-$4,999.99 1.35% 1.36%
  Tier 3 $5,000-$9,999.99 1.35% 1.36%
  Tier 4 $10,000-$24,999.99 1.35% 1.36%
  Tier 5 $25,000-$49,999.99 1.35% 1.36%
  Tier 6 $50,000-$99,999.99 1.35% 1.36%
  Tier 7 $100,000 and above 1.40% 1.41%
24 month Tier 1 $100-$2,499.99 1.50% 1.51%
  Tier 2 $2500-$4,999.99 1.50% 1.51%
  Tier 3 $5,000-$9,999.99 1.50% 1.51%
  Tier 4 $10,000-$24,999.99 1.50% 1.51%
  Tier 5 $25,000-$49,999.99 1.50% 1.51%
  Tier 6 $50,000-$99,999.99 1.50% 1.51%
  Tier 7 $100,000 and above 1.55% 1.56%

Secondary Share Savings/Club Accounts*‡

Effective July 8, 2022
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
  Tier 1 $0 and above 0.25% 0.25%
Dividend Rates are current as of the date posted above and are subject to change without notice.
Fees can reduce the earnings on the account.
* Dividends may be paid only from current income and accumulated earnings, after required transfers to reserves at the end of each dividend period. The dividend rate and annual percentage yield applicable to an account may therefore change from time to time as determined by the Credit Union's Board of Directors in its discretion. The dividend period of the Credit Union is monthly, beginning on the first day of such period and ending on the last day of the period. Dividends are earned from the day of deposit to the day of withdrawal. If you close your account before dividends are paid, you will receive the accrued dividends.
1 Promotion subject to change/cancellation without notice. Limited time offer. Additional rate incentives not available with this promotion. New money only for promotion. 50 plus club members APY increase does not apply for promotional rates.
† Early withdrawal penalty may apply.
‡APY is accurate as of the last dividend declaration date.

Business Membership Share Savings*‡

Effective July 8, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-2,499.99 0.25% 0.25%
Tier 2 $2,500-4,999.99 0.25% 0.25%
Tier 3 $5,000 and above 0.25% 0.25%

Business Money Market Accounts‡

Effective July 8, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500 - $9,999.99 0.45% 0.45%
Tier 2 $10,000 - $24,999.99 0.50% 0.50%
Tier 3 $25,000 - $49,999.99 0.55% 0.55%
Tier 4 $50,000 - $99,999.99 0.60% 0.60%
Tier 5 $100,000 - $249,999.99 0.75% 0.75%
Tier 6 $250,000 and up 0.90% 0.90%

Business Share Certificates †

Effective August 1, 2022
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-2,499.99 0.35% 0.35%
  Tier 2 $2,500 - $4,999.99 0.35% 0.35%
  Tier 3 $5,000 - $9,999.99 0.35% 0.35%
  Tier 4 $10,000 - $24,999.99 0.35% 0.35%
  Tier 5 $25,000 - $49,999.99 0.35% 0.35%
  Tier 6 $50,000 - $99,999.99 0.35% 0.35%
  Tier 7 $100,000 & higher 0.40% 0.40%
6 month Tier 1 $500 - 2,499.99 0.55% 0.55%
  Tier 2 $2,500 - $4,999.99 0.55% 0.55%
  Tier 3 $5,000 - $9,999.99 0.55% 0.55%
  Tier 4 $10,000 - $24,999.99 0.55% 0.55%
  Tier 5 $25,000 - $49,999.99 0.55% 0.55%
  Tier 6 $50,000 - $99,999.99 0.55% 0.55%
  Tier 7 $100,000 & higher 0.60% 0.60%
12 month Tier 1 $500 - $2,499.99 1.35% 1.36%
  Tier 2 $2,500 - $4,999.99 1.35% 1.36%
  Tier 3 $5,000 - $9,999.99 1.35% 1.36%
  Tier 4 $10,000 - $24,999.99 1.35% 1.36%
  Tier 5 $25,000 - $49,999.99 1.35% 1.36%
  Tier 6 $50,000 - $99,999.99 1.35% 1.36%
  Tier 7 $100,000 & higher 1.40% 1.41%
15 month Tier 1 $500-$2,499.99 2.00% 2.02%
  Tier 2 $2,500-$4,999.99 2.00% 2.02%
  Tier 3 $5,000-$9,999.99 2.00% 2.02%
  Tier 4 $10,000-$24,999.99 2.00% 2.02%
  Tier 5 $25,000-$49,999.99 2.00% 2.02%
  Tier 6 $50,000-$99,999.99 2.00% 2.02%
  Tier 7 $100,000 & higher 2.00% 2.02%
18 month Tier 1 $500 - $2,499.99 1.40% 1.41%
  Tier 2 $2,500 - $4,999.99 1.40% 1.41%
  Tier 3 $5,000 - $9,999.99 1.40% 1.41%
  Tier 4 $10,000 - $24,999.99 1.40% 1.41%
  Tier 5 $25,000 - $49,999.99 1.40% 1.41%
  Tier 6 $50,000 - $99,999.99 1.40% 1.41%
  Tier 7 $100,000 & higher 1.45% 1.46%
24 month Tier 1 $500 - $2,499.99 1.50% 1.51%
  Tier 2 $2,500 - $4,999.99 1.50% 1.51%
  Tier 3 $5,000 - $9,999.99 1.50% 1.51%
  Tier 4 $10,000 - $24,999.99 1.50% 1.51%
  Tier 5 $25,000 - $49,999.99 1.50% 1.51%
  Tier 6 $50,000 - $99,999.99 1.50% 1.51%
  Tier 7 $100,000 & higher 1.55% 1.56%
30 month Tier 1 $500 - $2,499.99 1.55% 1.56%
  Tier 2 $2,500 - $4,999.99 1.55% 1.56%
  Tier 3 $5,000 - $9,999.99 1.55% 1.56%
  Tier 4 $10,000 - $24,999.99 1.55% 1.56%
  Tier 5 $25,000 - $49,999.99 1.55% 1.56%
  Tier 6 $50,000 - $99,999.99 1.55% 1.56%
  Tier 7 $100,000 & higher 1.60% 1.61%
3 year Tier 1 $500 - $2,499.99 1.60% 1.61%
  Tier 2 $2,500 - $4,999.99 1.60% 1.61%
  Tier 3 $5,000 - $9,999.99 1.60% 1.61%
  Tier 4 $10,000 - $24,999.99 1.60% 1.61%
  Tier 5 $25,000 - $49,999.99 1.60% 1.61%
  Tier 6 $50,000 - $99,999.99 1.60% 1.61%
  Tier 7 $100,000 & higher 1.65% 1.66%
4 year Tier 1 $500 - $2,499.99 1.70% 1.71%
  Tier 2 $2,500 - $4,999.99 1.70% 1.71%
  Tier 3 $5,000 - $9,999.99 1.70% 1.71%
  Tier 4 $10,000 - $24,999.99 1.70% 1.71%
  Tier 5 $25,000 - $49,999.99 1.70% 1.71%
  Tier 6 $50,000 - $99,999.99 1.70% 1.71%
  Tier 7 $100,000 & higher 1.75% 1.77%
5 year Tier 1 $500 - $2,499.99 1.80% 1.80%
  Tier 2 $2,500 - $4,999.99 1.80% 1.82%
  Tier 3 $5,000 - $9,999.99 1.80% 1.82%
  Tier 4 $10,000 - $24,999.99 1.80% 1.82%
  Tier 5 $25,000 - $49,999.99 1.80% 1.82%
  Tier 6 $50,000 - $99,999.99 1.80% 1.82%
  Tier 7 $100,000 & higher 1.85% 1.87%
10 year Tier 1 $500 - $2,499.99 0.80% 0.80%
  Tier 2 $2,500 - $4,999.99 0.80% 0.80%
  Tier 3 $5,000 - $9,999.99 0.80% 0.80%
  Tier 4 $10,000 - $24,999.99 0.80% 0.80%
  Tier 5 $25,000 - $49,999.99 0.80% 0.80%
  Tier 6 $50,000 - $99,999.99 0.80% 0.80%
  Tier 7 $100,000 and above 0.80% 0.80%
Dividend Rates are current as of the date posted above and are subject to change without notice.
Fees can reduce the earnings on the account.
* Dividends may be paid only from current income and accumulated earnings, after required transfers to reserves at the end of each dividend period. The dividend rate and annual percentage yield applicable to an account may therefore change from time to time as determined by the Credit Union's Board of Directors in its discretion. The dividend period of the Credit Union is monthly, beginning on the first day of such period and ending on the last day of the period. Dividends are earned from the day of deposit to the day of withdrawal. If you close your account before dividends are paid, you will receive the accrued dividends.
† Early withdrawal penalty may apply.
‡APY is accurate as of the last dividend declaration date.

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Empower Federal Credit Union welcomes employees of many companies, immediate family/household members of employees and retirees, as well as our outreach to underserved communities to enjoy personal and business banking solutions including auto loans, mortgages*, credit cards and more. Bank online, in any central NY branch, or call us at 315.477.2200.

* Home mortgages available in FL, PA, CT, NY and NC.