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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 January 1, 2020

New Auto/Motorcycle

New = current or next model year, or prior year untitled and unregistered with no miles (through March 2020). Some Restrictions Apply. 
Terms APR*
up to 36 mo 2.99%
37-48 mo 3.49%
49-66 mo 3.74%
67-75 mo 3.99%
76-84 mo 4.24%

Used Auto/Motorcycle

Used = 2014 & newer, or previously titled and registered. Some Restrictions Apply. 
Terms APR*
up to 36 mo 3.49%
37-48 mo 3.99%
49-66 mo 4.24%
67-75 mo 4.49%
76-84 mo 5.24%

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 2020). Some Restrictions Apply. 
Terms APR*
up to 36 mo 3.99%
37-48 mo 4.49%
49-66 mo 4.74%
67-75 mo 4.99%
76-84 mo 5.24%
85-144 mo 7.24%
145-180 mo 7.99%

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

Used = 2014 & newer, or previously titled and registered. Some Restrictions Apply. 
Terms APR*
up to 36 mo 4.49%
37-48 mo 4.99%
49-66 mo 5.24%
67-75 mo 5.49%
76-84 mo 6.24%
85-144 mo 7.49%
145-180 mo 8.24%

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

Older = 2011-2013
Terms APR*
up to 36 mo 5.49%
37-48 mo 5.99%
49-66 mo 6.24%

Home Equity

Rates current as of October 1, 2019
Terms APR*
60 months 3.74%
120 months 4.24%
180 months 4.74%

Personal

Terms APR*
up to 24 mo 8.99%
25-36 mo 9.49%
37-48 mo 9.99%
49-60 mo 10.49%

Home Equity Line of Credit

Rates current as of November 1, 2019
Index (Prime Rate) Margin Current APR* Maximum APR
4.75% -0.25% 4.50% 17.99%

Variable Rate Line of Credit

Rates current as of November 1, 2019
Index (Prime Rate) Margin Current APR* Maximum APR
4.75% +10.00% 14.75% 17.99%
Log into home banking to apply for an Empower loan online.
  • 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.

Mastercard

Effective November 1, 2019
Index (Prime Rate) Margin Current APR* Maximum APR
4.75% +5.24% to 14.49% 9.99% to 17.99% 17.99%

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.

Log onto home banking to apply for an Empower Mastercard online.

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

Regular Share Savings & IRA Share Accounts*

Effective July 1, 2019
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499 0.25% 0.25%
Tier 2 $2,500-$4,999 0.25% 0.25%
Tier 3 $5,000 and above 0.25% 0.25%

Health Savings Accounts

Effective July 1, 2019
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499 1.00% 1.00%
Tier 2 $2,500-$4,999 1.00% 1.00%
Tier 3 $5,000-$9,999 1.00% 1.00%
Tier 4 $10,000 and above 1.00% 1.00%

Premium Money Market & Premium Money Market IRA*

Effective January 1, 2020
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500-$9,999 1.01% 1.01%
Tier 2 $10,000-$24,999 1.01% 1.01%
Tier 3 $25,000-$49,999 1.25% 1.26%
Tier 4 $50,000-$99,999 1.25% 1.26%
Tier 5 $100,000-$249,999 1.50% 1.51%
Tier 6 $250,000 and up 1.50% 1.51%

Share Certificates & IRA Accounts

Effective January 18, 2020 - January 24, 2020
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-$2,499 0.60% 0.60%
  Tier 2 $2,500-$4,999 0.65% 0.65%
  Tier 3 $5,000-$9,999 0.70% 0.70%
  Tier 4 $10,000-$24,999 0.75% 0.75%
  Tier 5 $25,000-$49,999 0.80% 0.80%
  Tier 6 $50,000-$99,999 0.85% 0.85%
  Tier 7 $100,000 & higher 0.90% 0.90%
6 month Tier 1 $500-$2,499 1.10% 1.10%
  Tier 2 $2,500-$4,999 1.15% 1.15%
  Tier 3 $5,000-$9,999 1.20% 1.20%
  Tier 4 $10,000-$24,999 1.25% 1.25%
  Tier 5 $25,000-$49,999 1.29% 1.30%
  Tier 6 $50,000-$99,999 1.34% 1.35%
  Tier 7 $100,000 & higher 1.39% 1.40%
12 month Tier 1 $500-$2,499 1.64% 1.65%
  Tier 2 $2,500-$4,999 1.69% 1.70%
  Tier 3 $5,000-$9,999 1.74% 1.75%
  Tier 4 $10,000-$24,999 1.79% 1.80%
  Tier 5 $25,000-$49,999 1.83% 1.85%
  Tier 6 $50,000-$99,999 1.88% 1.90%
  Tier 7 $100,000 & higher 1.93% 1.95%
18 month Tier 1 $500-$2,499 1.74% 1.75%
  Tier 2 $2,500-$4,999 1.79% 1.80%
  Tier 3 $5,000-$9,999 1.83% 1.85%
  Tier 4 $10,000-$24,999 1.88% 1.90%
  Tier 5 $25,000-$49,999 1.93% 1.95%
  Tier 6 $50,000-$99,999 1.98% 2.00%
  Tier 7 $100,000 & higher 2.03% 2.05%
24 month Tier 1 $500-$2,499 1.74% 1.75%
  Tier 2 $2,500-$4,999 1.79% 1.80%
  Tier 3 $5,000-$9,999 1.83% 1.85%
  Tier 4 $10,000-$24,999 1.88% 1.90%
  Tier 5 $25,000-$49,999 1.93% 1.95%
  Tier 6 $50,000-$99,999 1.98% 2.00%
  Tier 7 $100,000 & higher 2.03% 2.05%
30 month Tier 1 $500-$2,499 1.83% 1.85%
  Tier 2 $2,500-$4,999 1.88% 1.90%
  Tier 3 $5,000-$9,999 1.93% 1.95%
  Tier 4 $10,000-$24,999 1.98% 2.00%
  Tier 5 $25,000-$49,999 2.03% 2.05%
  Tier 6 $50,000-$99,999 2.08% 2.10%
  Tier 7 $100,000 & higher 2.13% 2.15%
3 year Tier 1 $500-$2,499 1.88% 1.90%
  Tier 2 $2,500-$4,999 1.93% 1.95%
  Tier 3 $5,000-$9,999 1.98% 2.00%
  Tier 4 $10,000-$24,999 2.03% 2.05%
  Tier 5 $25,000-$49,999 2.08% 2.10%
  Tier 6 $50,000-$99,999 2.13% 2.15%
  Tier 7 $100,000 & higher 2.18% 2.20%
4 year Tier 1 $500-$2,499 1.93% 1.95%
  Tier 2 $2,500-$4,999 1.98% 2.00%
  Tier 3 $5,000-$9,999 2.03% 2.05%
  Tier 4 $10,000-$24,999 2.08% 2.10%
  Tier 5 $25,000-$49,999 2.13% 2.15%
  Tier 6 $50,000-$99,999 2.18% 2.20%
  Tier 7 $100,000 & higher 2.23% 2.25%
5 year Tier 1 $500-$2,499 2.03% 2.05%
  Tier 2 $2,500-$4,999 2.08% 2.10%
  Tier 3 $5,000-$9,999 2.13% 2.15%
  Tier 4 $10,000-$24,999 2.18% 2.20%
  Tier 5 $25,000-$49,999 2.23% 2.25%
  Tier 6 $50,000-$99,999 2.28% 2.30%
  Tier 7 $100,000 & higher 2.32% 2.35%
10 year Tier 1 $500-$2,499 2.03% 2.05%
  Tier 2 $2,500-$4,999 2.08% 2.10%
  Tier 3 $5,000-$9,999 2.13% 2.15%
  Tier 4 $10,000-$24,999 2.18% 2.20%
  Tier 5 $25,000-$49,999 2.23% 2.25%
  Tier 6 $50,000-$99,999 2.28% 2.30%
  Tier 7 $100,000 & higher 2.32% 2.35%

Generations Wealth Builder Share Certificates

Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
12 month Tier 1 $100-$2,499 1.64% 1.65%
  Tier 2 $2500-$4,999 1.69% 1.70%
  Tier 3 $5,000-$9,999 1.74% 1.75%
  Tier 4 $10,000-$24,999 1.79% 1.80%
  Tier 5 $25,000-$49,999 1.83% 1.85%
  Tier 6 $50,000-$99,999 1.88% 1.90%
  Tier 7 $100,000 and above 1.93% 1.95%
24 month Tier 1 $100-$2,499 1.74% 1.75%
  Tier 2 $2500-$4,999 1.79% 1.80%
  Tier 3 $5,000-$9,999 1.83% 1.85%
  Tier 4 $10,000-$24,999 1.88% 1.90%
  Tier 5 $25,000-$49,999 1.93% 1.95%
  Tier 6 $50,000-$99,999 1.98% 2.00%
  Tier 7 $100,000 and above 2.03% 2.05%

Club Accounts

Effective July 1, 2019
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. Closing the account before dividends are paid will forfeit payment of accrued dividends.

Business Share Savings*

Effective July 1, 2019
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-2,499 0.25% 0.25%
Tier 2 $2,500-4,999 0.25% 0.25%
Tier 3 $5,000 and above 0.25% 0.25%

Business Money Market Accounts

Effective January 1, 2020
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500 - $9,999 1.01% 1.01%
Tier 2 $10,000 - $24,999 1.01% 1.01%
Tier 3 $25,000 - $49,999 1.25% 1.26%
Tier 4 $50,000 - $99,999 1.25% 1.26%
Tier 5 $100,000 - $249,999 1.50% 1.51%
Tier 6 $250,000 and up 1.50% 1.51%

Business Share Certificates

Effective January 18, 2020 - January 24, 2020
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-2,499 0.60% 0.60%
  Tier 2 $2,500 - $4,999 0.65% 0.65%
  Tier 3 $5,000 - $9,999 0.70% 0.70%
  Tier 4 $10,000 - $24,999 0.75% 0.75%
  Tier 5 $25,000 - $49,999 0.80% 0.80%
  Tier 6 $50,000 - $99,999 0.85% 0.85%
  Tier 7 $100,000 & higher 0.90% 0.90%
6 month Tier 1 $500 - 2,499 1.10% 1.10%
  Tier 2 $2,500 - $4,999 1.15% 1.15%
  Tier 3 $5,000 - $9,999 1.20% 1.20%
  Tier 4 $10,000 - $24,999 1.25% 1.25%
  Tier 5 $25,000 - $49,999 1.29% 1.30%
  Tier 6 $50,000 - $99,999 1.34% 1.35%
  Tier 7 $100,000 & higher 1.39% 1.40%
12 month Tier 1 $500 - $2,499 1.64% 1.65%
  Tier 2 $2,500 - $4,999 1.69% 1.70%
  Tier 3 $5,000 - $9,999 1.74% 1.75%
  Tier 4 $10,000 - $24,999 1.79% 1.80%
  Tier 5 $25,000 - $49,999 1.83% 1.85%
  Tier 6 $50,000 - $99,999 1.88% 1.90%
  Tier 7 $100,000 & higher 1.93% 1.95%
18 month Tier 1 $500 - $2,499 1.74% 1.75%
  Tier 2 $2,500 - $4,999 1.79% 1.80%
  Tier 3 $5,000 - $9,999 1.83% 1.85%
  Tier 4 $10,000 - $24,999 1.88% 1.90%
  Tier 5 $25,000 - $49,999 1.93% 1.95%
  Tier 6 $50,000 - $99,999 1.98% 2.00%
  Tier 7 $100,000 & higher 2.03% 2.05%
24 month Tier 1 $500 - $2,499 1.74% 1.75%
  Tier 2 $2,500 - $4,999 1.79% 1.80%
  Tier 3 $5,000 - $9,999 1.83% 1.85%
  Tier 4 $10,000 - $24,999 1.88% 1.90%
  Tier 5 $25,000 - $49,999 1.93% 1.95%
  Tier 6 $50,000 - $99,999 1.98% 2.00%
  Tier 7 $100,000 & higher 2.03% 2.05%
30 month Tier 1 $500 - $2,499 1.83% 1.85%
  Tier 2 $2,500 - $4,999 1.88% 1.90%
  Tier 3 $5,000 - $9,999 1.93% 1.95%
  Tier 4 $10,000 - $24,999 1.98% 2.00%
  Tier 5 $25,000 - $49,999 2.03% 2.05%
  Tier 6 $50,000 - $99,999 2.08% 2.10%
  Tier 7 $100,000 & higher 2.13% 2.15%
3 year Tier 1 $500 - $2,499 1.88% 1.90%
  Tier 2 $2,500 - $4,999 1.93% 1.95%
  Tier 3 $5,000 - $9,999 1.98% 2.00%
  Tier 4 $10,000 - $24,999 2.03% 2.05%
  Tier 5 $25,000 - $49,999 2.08% 2.10%
  Tier 6 $50,000 - $99,999 2.13% 2.15%
  Tier 7 $100,000 & higher 2.18% 2.20%
4 year Tier 1 $500 - $2,499 1.93% 1.95%
  Tier 2 $2,500 - $4,999 1.98% 2.00%
  Tier 3 $5,000 - $9,999 2.03% 2.05%
  Tier 4 $10,000 - $24,999 2.08% 2.10%
  Tier 5 $25,000 - $49,999 2.13% 2.15%
  Tier 6 $50,000 - $99,999 2.18% 2.20%
  Tier 7 $100,000 & higher 2.23% 2.25%
5 year Tier 1 $500 - $2,499 2.03% 2.05%
  Tier 2 $2,500 - $4,999 2.08% 2.10%
  Tier 3 $5,000 - $9,999 2.13% 2.15%
  Tier 4 $10,000 - $24,999 2.18% 2.20%
  Tier 5 $25,000 - $49,999 2.23% 2.25%
  Tier 6 $50,000 - $99,999 2.28% 2.30%
  Tier 7 $100,000 & higher 2.32% 2.35%
10 year Tier 1 $500 - $2,499 2.03% 2.05%
  Tier 2 $2,500 - $4,999 2.08% 2.10%
  Tier 3 $5,000 - $9,999 2.13% 2.15%
  Tier 4 $10,000 - $24,999 2.18% 2.20%
  Tier 5 $25,000 - $49,999 2.23% 2.25%
  Tier 6 $50,000 - $99,999 2.28% 2.30%
  Tier 7 $100,000 and above 2.32% 2.35%
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. Closing the account before dividends are paid will forfeit payment of accrued dividends.

What do you want out of life?

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.