Deposit & Savings Rates

Our dividend payments push your savings to higher levels.
At Empower FCU, we're committed to contributing to your financial success. You get things started by opening a Share Savings, Money Market, Share Certificate, IRA or Health Savings Account, and we'll help grow your money with regular payments at competitive rates.

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

Effective Date: December 20, 2022
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1$0-$2,499.990.55%0.55%
Tier 2$2,500-$4,999.990.55%0.55%
Tier 3$5,000 and above0.55%0.55%

Health Savings Accounts*‡

Effective Date: April 11, 2023
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1$0-$2,499.991.00%1.00%
Tier 2$2,500-$4,999.991.05%1.05%
Tier 3$5,000-$9,999.991.10%1.10%
Tier 4$10,000 and above1.15%1.15%

Premium Money Market & Premium Money Market IRA* †‡

Effective Date: April 11, 2023
Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Tier 1$2,500-$9,999.991.05%1.05%
Tier 2$10,000-$24,999.991.15%1.15%
Tier 3$25,000-$49,999.991.24%1.25%
Tier 4$50,000-$99,999.991.34%1.35%
Tier 5$100,000-$249,999.991.44%1.45%
Tier 6$250,000 and up1.54%1.55%

Share Certificates & IRA Accounts2

Effective Date: May 24, 2024
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
3 month**Tier 1$500-$2,499.994.02%4.10%
Tier 2$2,500-$4,999.994.02%4.10%
Tier 3$5,000-$9,999.994.02%4.10%
Tier 4$10,000-$24,999.994.02%4.10%
Tier 5$25,000-$49,999.994.02%4.10%
Tier 6$50,000-$99,999.994.02%4.10%
Tier 7$100,000 & higher4.02%4.10%
6 monthTier 1$500-$2,499.993.00%3.05%
Tier 2$2,500-$4,999.993.00%3.05%
Tier 3$5,000-$9,999.993.00%3.05%
Tier 4$10,000-$24,999.993.00%3.05%
Tier 5$25,000-$49,999.993.00%3.05%
Tier 6$50,000-$99,999.993.00%3.05%
Tier 7$100,000 & higher3.00%3.05%
9 monthTier 1$500-$2,499.994.97%5.11%
Tier 2$2,500-$4,999.994.97%5.11%
Tier 3$5,000-$9,999.994.97%5.11%
Tier 4$10,000-$24,999.994.97%5.11%
Tier 5$25,000-$49,999.994.97%5.11%
Tier 6$50,000-$99,999.994.97%5.11%
Tier 7$100,000 & higher4.97%5.11%
12 monthTier 1$500-$2,499.993.25%3.30%
Tier 2$2,500-$4,999.993.25%3.30%
Tier 3$5,000-$9,999.993.25%3.30%
Tier 4$10,000-$24,999.993.25%3.30%
Tier 5$25,000-$49,999.993.25%3.30%
Tier 6$50,000-$99,999.993.25%3.30%
Tier 7$100,000 & higher3.25%3.30%
15 monthTier 1$500-$2,499.994.40%4.50%
Tier 2$2,500-$4,999.994.40%4.50%
Tier 3$5,000-$9,999.994.40%4.50%
Tier 4$10,000-$24,999.994.40%4.50%
Tier 5$25,000-$49,999.994.40%4.50%
Tier 6$50,000-$99,999.994.40%4.50%
Tier 7$100,000 & higher4.45%4.55%
18 monthTier 1$500-$2,499.993.30%3.35%
Tier 2$2,500-$4,999.993.30%3.35%
Tier 3$5,000-$9,999.993.30%3.35%
Tier 4$10,000-$24,999.993.30%3.35%
Tier 5$25,000-$49,999.993.30%3.35%
Tier 6$50,000-$99,999.993.30%3.35%
Tier 7$100,000 & higher3.30%3.35%
24 month1Tier 1$500-$2,499.993.78%3.85%
Tier 2$2,500-$4,999.993.78%3.85%
Tier 3$5,000-$9,999.993.78%3.85%
Tier 4$10,000-$24,999.993.78%3.85%
Tier 5$25,000-$49,999.993.78%3.85%
Tier 6$50,000-$99,999.993.78%3.85%
Tier 7$100,000 & higher3.83%3.90%
30 monthTier 1$500-$2,499.994.64%4.75%
Tier 2$2,500-$4,999.994.64%4.75%
Tier 3$5,000-$9,999.994.64%4.75%
Tier 4$10,000-$24,999.994.64%4.75%
Tier 5$25,000-$49,999.994.64%4.75%
Tier 6$50,000-$99,999.994.64%4.75%
Tier 7$100,000 & higher4.74%4.85%
3 yearTier 1$500-$2,499.993.73%3.80%
Tier 2$2,500-$4,999.993.73%3.80%
Tier 3$5,000-$9,999.993.73%3.80%
Tier 4$10,000-$24,999.993.73%3.80%
Tier 5$25,000-$49,999.993.73%3.80%
Tier 6$50,000-$99,999.993.73%3.80%
Tier 7$100,000 & higher3.73%3.80%
4 yearTier 1$500-$2,499.993.73%3.80%
Tier 2$2,500-$4,999.993.73%3.80%
Tier 3$5,000-$9,999.993.73%3.80%
Tier 4$10,000-$24,999.993.73%3.80%
Tier 5$25,000-$49,999.993.73%3.80%
Tier 6$50,000-$99,999.993.73%3.80%
Tier 7$100,000 & higher3.73%3.80%
5 yearTier 1$500-$2,499.993.83%3.90%
Tier 2$2,500-$4,999.993.83%3.90%
Tier 3$5,000-$9,999.993.83%3.90%
Tier 4$10,000-$24,999.993.83%3.90%
Tier 5$25,000-$49,999.993.83%3.90%
Tier 6$50,000-$99,999.993.83%3.90%
Tier 7$100,000 & higher3.83%3.90%
10 yearTier 1$500-$2,499.990.80%0.80%
Tier 2$2,500-$4,999.990.80%0.80%
Tier 3$5,000-$9,999.990.80%0.80%
Tier 4$10,000-$24,999.990.80%0.80%
Tier 5$25,000-$49,999.990.80%0.80%
Tier 6$50,000-$99,999.990.80%0.80%
Tier 7$100,000 & higher0.80%0.80%

Wealth Builder Share Certificate Account

Effective Date: April 8, 2024
Term Tier Minimum Balance to Earn Dividends Dividend Rate Annual Percentage Yield
12 monthTier 1$100-$2,499.993.25%3.30%
Tier 2$2500-$4,999.993.25%3.30%
Tier 3$5,000-$9,999.993.25%3.30%
Tier 4$10,000-$24,999.993.25%3.30%
Tier 5$25,000-$49,999.993.25%3.30%
Tier 6$50,000-$99,999.993.25%3.30%
Tier 7$100,000 and above3.25%3.30%
24 month1Tier 1$100-$2,499.993.78%3.85%
Tier 2$2500-$4,999.993.78%3.85%
Tier 3$5,000-$9,999.993.78%3.85%
Tier 4$10,000-$24,999.993.78%3.85%
Tier 5$25,000-$49,999.993.78%3.85%
Tier 6$50,000-$99,999.993.78%3.85%
Tier 7$100,000 and above3.83%3.90%
Empower Federal Credit Union is a full-service financial institution serving members throughout New York State.

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.

**3 Month Share Savings Certificate requires a minimum deposit of $500 new money for rate to be applicable. 

1 Promotion subject to change/cancellation without notice. Limited time offer. Additional rate incentives not available with this promotion.

250 plus club members APY increase does not apply for share certificates.

† Early withdrawal penalty may apply.

‡APY is accurate as of the last dividend declaration date.