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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 June 1, 2021

New Auto/Motorcycle

New = current or next model year, or prior year untitled and unregistered with no miles (through March 2021). Some Restrictions Apply. 
Terms APR*
up to 36 mo 1.99%
37-48 mo 2.49%
49-66 mo 2.74%
67-75 mo 3.49%
76-84 mo 3.74%
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 = 2015 & newer, or previously titled and registered. Some Restrictions Apply. 
Terms APR*
up to 36 mo 2.49%
37-48 mo 2.99%
49-66 mo 3.24%
67-75 mo 3.99%
76-84 mo 4.74%
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 2021). Some Restrictions Apply. 
Terms APR*
up to 36 mo 2.99%
37-48 mo 3.49%
49-66 mo 3.74%
67-75 mo 4.49%
76-84 mo 4.74%
85-144 mo 6.74%
145-180 mo 7.49%
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 = 2015 & 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 4.99%
76-84 mo 5.74%
85-144 mo 6.99%
145-180 mo 7.74%
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 = 2012-2014
Terms APR*
up to 36 mo 4.49%
37-48 mo 4.99%
49-66 mo 5.24%
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 June 1, 2021
Terms APR*
60 months 3.49%
120 months 3.99%
180 months 4.49%
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

Terms APR*
up to 24 mo 8.99%
25-36 mo 9.49%
37-48 mo 9.99%
49-60 mo 10.49%
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 April 1, 2020
Index (Prime Rate) Margin Current APR* Maximum APR
3.25% -0.25% 3.00% 17.99%

Variable Rate Line of Credit †

Rates current as of April 1, 2020
Index (Prime Rate) Margin Current APR* Maximum APR
3.25% +10.00% 13.25% 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 April 1, 2020
Index (Prime Rate) Margin Current APR* Maximum APR
3.25% +5.24% to 14.49% 8.49% to 17.74% 17.99%

Log into home 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.

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

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

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

Effective July 1, 2020
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499 0.15% 0.15%
Tier 2 $2,500-$4,999 0.15% 0.15%
Tier 3 $5,000 and above 0.15% 0.15%

Health Savings Accounts‡

Effective April 1, 2021
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-$2,499 0.45% 0.45%
Tier 2 $2,500-$4,999 0.45% 0.45%
Tier 3 $5,000-$9,999 0.45% 0.45%
Tier 4 $10,000 and above 0.45% 0.45%

Premium Money Market & Premium Money Market IRA* †‡

Effective April 1, 2021
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500-$9,999 0.35% 0.35%
Tier 2 $10,000-$24,999 0.35% 0.35%
Tier 3 $25,000-$49,999 0.35% 0.35%
Tier 4 $50,000-$99,999 0.35% 0.35%
Tier 5 $100,000-$249,999 0.35% 0.35%
Tier 6 $250,000 and up 0.35% 0.35%

Share Certificates & IRA Accounts †

Effective November 27 - December 3, 2021
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-$2,499 0.25% 0.25%
  Tier 2 $2,500-$4,999 0.25% 0.25%
  Tier 3 $5,000-$9,999 0.25% 0.25%
  Tier 4 $10,000-$24,999 0.25% 0.25%
  Tier 5 $25,000-$49,999 0.25% 0.25%
  Tier 6 $50,000-$99,999 0.25% 0.25%
  Tier 7 $100,000 & higher 0.25% 0.25%
6 month Tier 1 $500-$2,499 0.35% 0.35%
  Tier 2 $2,500-$4,999 0.35% 0.35%
  Tier 3 $5,000-$9,999 0.35% 0.35%
  Tier 4 $10,000-$24,999 0.35% 0.35%
  Tier 5 $25,000-$49,999 0.35% 0.35%
  Tier 6 $50,000-$99,999 0.35% 0.35%
  Tier 7 $100,000 & higher 0.35% 0.35%
12 month Tier 1 $500-$2,499 0.45% 0.45%
  Tier 2 $2,500-$4,999 0.45% 0.45%
  Tier 3 $5,000-$9,999 0.45% 0.45%
  Tier 4 $10,000-$24,999 0.45% 0.45%
  Tier 5 $25,000-$49,999 0.45% 0.45%
  Tier 6 $50,000-$99,999 0.45% 0.45%
  Tier 7 $100,000 & higher 0.45% 0.45%
18 month Tier 1 $500-$2,499 0.50% 0.50%
  Tier 2 $2,500-$4,999 0.50% 0.50%
  Tier 3 $5,000-$9,999 0.50% 0.50%
  Tier 4 $10,000-$24,999 0.50% 0.50%
  Tier 5 $25,000-$49,999 0.50% 0.50%
  Tier 6 $50,000-$99,999 0.50% 0.50%
  Tier 7 $100,000 & higher 0.50% 0.50%
24 month Tier 1 $500-$2,499 0.55% 0.55%
  Tier 2 $2,500-$4,999 0.55% 0.55%
  Tier 3 $5,000-$9,999 0.55% 0.55%
  Tier 4 $10,000-$24,999 0.55% 0.55%
  Tier 5 $25,000-$49,999 0.55% 0.55%
  Tier 6 $50,000-$99,999 0.55% 0.55%
  Tier 7 $100,000 & higher 0.55% 0.55%
30 month Tier 1 $500-$2,499 0.55% 0.55%
  Tier 2 $2,500-$4,999 0.55% 0.55%
  Tier 3 $5,000-$9,999 0.55% 0.55%
  Tier 4 $10,000-$24,999 0.55% 0.55%
  Tier 5 $25,000-$49,999 0.55% 0.55%
  Tier 6 $50,000-$99,999 0.55% 0.55%
  Tier 7 $100,000 & higher 0.55% 0.55%
3 year Tier 1 $500-$2,499 0.65% 0.65%
  Tier 2 $2,500-$4,999 0.65% 0.65%
  Tier 3 $5,000-$9,999 0.65% 0.65%
  Tier 4 $10,000-$24,999 0.65% 0.65%
  Tier 5 $25,000-$49,999 0.65% 0.65%
  Tier 6 $50,000-$99,999 0.65% 0.65%
  Tier 7 $100,000 & higher 0.65% 0.65%
4 year Tier 1 $500-$2,499 0.75% 0.75%
  Tier 2 $2,500-$4,999 0.75% 0.75%
  Tier 3 $5,000-$9,999 0.75% 0.75%
  Tier 4 $10,000-$24,999 0.75% 0.75%
  Tier 5 $25,000-$49,999 0.75% 0.75%
  Tier 6 $50,000-$99,999 0.75% 0.75%
  Tier 7 $100,000 & higher 0.75% 0.75%
5 year Tier 1 $500-$2,499 0.80% 0.80%
  Tier 2 $2,500-$4,999 0.80% 0.80%
  Tier 3 $5,000-$9,999 0.80% 0.80%
  Tier 4 $10,000-$24,999 0.80% 0.80%
  Tier 5 $25,000-$49,999 0.80% 0.80%
  Tier 6 $50,000-$99,999 0.80% 0.80%
  Tier 7 $100,000 & higher 0.80% 0.80%
10 year Tier 1 $500-$2,499 0.80% 0.80%
  Tier 2 $2,500-$4,999 0.80% 0.80%
  Tier 3 $5,000-$9,999 0.80% 0.80%
  Tier 4 $10,000-$24,999 0.80% 0.80%
  Tier 5 $25,000-$49,999 0.80% 0.80%
  Tier 6 $50,000-$99,999 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 0.45% 0.45%
  Tier 2 $2500-$4,999 0.45% 0.45%
  Tier 3 $5,000-$9,999 0.45% 0.45%
  Tier 4 $10,000-$24,999 0.45% 0.45%
  Tier 5 $25,000-$49,999 0.45% 0.45%
  Tier 6 $50,000-$99,999 0.45% 0.45%
  Tier 7 $100,000 and above 0.45% 0.45%
24 month Tier 1 $100-$2,499 0.55% 0.55%
  Tier 2 $2500-$4,999 0.55% 0.55%
  Tier 3 $5,000-$9,999 0.55% 0.55%
  Tier 4 $10,000-$24,999 0.55% 0.55%
  Tier 5 $25,000-$49,999 0.55% 0.55%
  Tier 6 $50,000-$99,999 0.55% 0.55%
  Tier 7 $100,000 and above 0.55% 0.55%

Secondary Share Savings/Club Accounts‡

Effective July 1, 2020
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
  Tier 1 $0 and above 0.15% 0.15%
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.

Business Membership Share Savings*

Effective July 1, 2020
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $0-2,499 0.15% 0.15%
Tier 2 $2,500-4,999 0.15% 0.15%
Tier 3 $5,000 and above 0.15% 0.15%

Business Money Market Accounts

Effective April 1, 2021
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1 $2,500 - $9,999 0.35% 0.35%
Tier 2 $10,000 - $24,999 0.35% 0.35%
Tier 3 $25,000 - $49,999 0.35% 0.35%
Tier 4 $50,000 - $99,999 0.35% 0.35%
Tier 5 $100,000 - $249,999 0.35% 0.35%
Tier 6 $250,000 and up 0.35% 0.35%

Business Share Certificates †

Effective November 27 - December 3, 2021
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month Tier 1 $500-2,499 0.25% 0.25%
  Tier 2 $2,500 - $4,999 0.25% 0.25%
  Tier 3 $5,000 - $9,999 0.25% 0.25%
  Tier 4 $10,000 - $24,999 0.25% 0.25%
  Tier 5 $25,000 - $49,999 0.25% 0.25%
  Tier 6 $50,000 - $99,999 0.25% 0.25%
  Tier 7 $100,000 & higher 0.25% 0.25%
6 month Tier 1 $500 - 2,499 0.35% 0.35%
  Tier 2 $2,500 - $4,999 0.35% 0.35%
  Tier 3 $5,000 - $9,999 0.35% 0.35%
  Tier 4 $10,000 - $24,999 0.35% 0.35%
  Tier 5 $25,000 - $49,999 0.35% 0.35%
  Tier 6 $50,000 - $99,999 0.35% 0.35%
  Tier 7 $100,000 & higher 0.35% 0.35%
12 month Tier 1 $500 - $2,499 0.45% 0.45%
  Tier 2 $2,500 - $4,999 0.45% 0.45%
  Tier 3 $5,000 - $9,999 0.45% 0.45%
  Tier 4 $10,000 - $24,999 0.45% 0.45%
  Tier 5 $25,000 - $49,999 0.45% 0.45%
  Tier 6 $50,000 - $99,999 0.45% 0.45%
  Tier 7 $100,000 & higher 0.45% 0.45%
18 month Tier 1 $500 - $2,499 0.50% 0.50%
  Tier 2 $2,500 - $4,999 0.50% 0.50%
  Tier 3 $5,000 - $9,999 0.50% 0.50%
  Tier 4 $10,000 - $24,999 0.50% 0.50%
  Tier 5 $25,000 - $49,999 0.50% 0.50%
  Tier 6 $50,000 - $99,999 0.50% 0.50%
  Tier 7 $100,000 & higher 0.50% 0.50%
24 month Tier 1 $500 - $2,499 0.55% 0.55%
  Tier 2 $2,500 - $4,999 0.55% 0.55%
  Tier 3 $5,000 - $9,999 0.55% 0.55%
  Tier 4 $10,000 - $24,999 0.55% 0.55%
  Tier 5 $25,000 - $49,999 0.55% 0.55%
  Tier 6 $50,000 - $99,999 0.55% 0.55%
  Tier 7 $100,000 & higher 0.55% 0.55%
30 month Tier 1 $500 - $2,499 0.55% 0.55%
  Tier 2 $2,500 - $4,999 0.55% 0.55%
  Tier 3 $5,000 - $9,999 0.55% 0.55%
  Tier 4 $10,000 - $24,999 0.55% 0.55%
  Tier 5 $25,000 - $49,999 0.55% 0.55%
  Tier 6 $50,000 - $99,999 0.55% 0.55%
  Tier 7 $100,000 & higher 0.55% 0.55%
3 year Tier 1 $500 - $2,499 0.65% 0.65%
  Tier 2 $2,500 - $4,999 0.65% 0.65%
  Tier 3 $5,000 - $9,999 0.65% 0.65%
  Tier 4 $10,000 - $24,999 0.65% 0.65%
  Tier 5 $25,000 - $49,999 0.65% 0.65%
  Tier 6 $50,000 - $99,999 0.65% 0.65%
  Tier 7 $100,000 & higher 0.65% 0.65%
4 year Tier 1 $500 - $2,499 0.75% 0.75%
  Tier 2 $2,500 - $4,999 0.75% 0.75%
  Tier 3 $5,000 - $9,999 0.75% 0.75%
  Tier 4 $10,000 - $24,999 0.75% 0.75%
  Tier 5 $25,000 - $49,999 0.75% 0.75%
  Tier 6 $50,000 - $99,999 0.75% 0.75%
  Tier 7 $100,000 & higher 0.75% 0.75%
5 year Tier 1 $500 - $2,499 0.80% 0.80%
  Tier 2 $2,500 - $4,999 0.80% 0.80%
  Tier 3 $5,000 - $9,999 0.80% 0.80%
  Tier 4 $10,000 - $24,999 0.80% 0.80%
  Tier 5 $25,000 - $49,999 0.80% 0.80%
  Tier 6 $50,000 - $99,999 0.80% 0.80%
  Tier 7 $100,000 & higher 0.80% 0.80%
10 year Tier 1 $500 - $2,499 0.80% 0.80%
  Tier 2 $2,500 - $4,999 0.80% 0.80%
  Tier 3 $5,000 - $9,999 0.80% 0.80%
  Tier 4 $10,000 - $24,999 0.80% 0.80%
  Tier 5 $25,000 - $49,999 0.80% 0.80%
  Tier 6 $50,000 - $99,999 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.

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.

Routing Number: 221380127

315.477.2200 | 800.462.5000

Equal Housing Lender logo
This credit union is federally insured by the National Credit Union Administration. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Equal Housing Lender. We operate in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

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