Credit union · NCUA insured
Empower Federal Credit Union Savings Rates
Empower Federal Credit Union’s best savings rate is 1.15% APY on $10,000, with its Premium Money Market. Rates checked October 16, 2026.
How Empower Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Syracuse, NY, where Empower Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Empower Federal Credit Union
1.15%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $115
Premium Money Market
Top rate
Canandaigua National Bank
3.15%APY
- Minimum
- $0
- Earns on $10,000 a year
- $315
2nd-highest rate
Ukrainian Federal Credit Union
2.02%APY
- Minimum
- —
- Earns on $10,000 a year
- $202
Empower Federal Credit Union savings score
87
Savings score
Higher than 77% of U.S. banks and credit unions
- $1,000 balance$1,0000.55%
- $10,000 balance$10,0001.15%
- $100,000 balance$100,0002.25%
- QualifiedQualified1.15%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Empower Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premium Money Market
1.15%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,500 – $10,000 | 1.05% | — |
| $10,000 – $250,000 | 1.15% | $115 |
| $25,000 – $50,000 | 1.25% | — |
| $50,000 – $100,000 | 1.35% | — |
| $100,000 – $250,000 | 2.25% | — |
| $250,000 and up | 2.35% | — |
Sources (2)
- empowerfcu.com/personal/save-s…ngs/premium-money-market
- empowerfcu.com/about-us/rates/deposit-savings-rates
All captured Oct 5, 2026
Membership Share Savings
0.55%APY
Initial deposit of $1 establishes Empower membership and is required to open and maintain account. Dividends are compounded daily and posted monthly. Dividends may be paid only from current income and accumulated earnings after required transfers to reserves.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1. | 0.55% | — | Tier 1. |
| $2,500 – $5,000Tier 2. | 0.55% | — | Tier 2. |
| $5,000 and upTier 3. | 0.55% | $55 | Tier 3. |
Secondary Share Savings
0.55%APY
Dividends may be paid only from current income and accumulated earnings after required transfers to reserves. Early withdrawal penalty may apply.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1. | 0.55% | — | Tier 1. |
| $2,500 – $5,000Tier 2. | 0.55% | — | Tier 2. |
| $5,000 and upTier 3. | 0.55% | $55 | Tier 3. |
Sources (1)
- empowerfcu.com/about-us/rates/deposit-savings-rates · captured Sep 17, 2026
Special-purpose accounts
Premium Money Market IRA
1.15%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,500 – $10,000 | 1.05% | — |
| $10,000 – $25,000 | 1.15% | $115 |
| $25,000 – $50,000 | 1.25% | — |
| $50,000 – $100,000 | 1.35% | — |
| $100,000 – $250,000 | 2.25% | — |
| $250,000 and up | 2.35% | — |
Sources (2)
- empowerfcu.com/personal/save-s…-retirement-accounts-ira
- empowerfcu.com/about-us/rates/deposit-savings-rates
All captured Oct 5, 2026
Health Savings Accounts
1.15%APY
Dividends may be paid only from current income and accumulated earnings after required transfers to reserves.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1. | 1.00% | — | Tier 1. |
| $2,500 – $5,000Tier 2. | 1.05% | — | Tier 2. |
| $5,000 – $10,000Tier 3. | 1.10% | — | Tier 3. |
| $10,000 and upTier 4. | 1.15% | $115 | Tier 4. |
Sources (1)
- empowerfcu.com/about-us/rates/deposit-savings-rates · captured Sep 17, 2026
Club Accounts
0.55%APY
No minimum balance requirement. Allows setting up multiple accounts. Dividends may be paid only from current income and accumulated earnings after required transfers to reserves.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1. | 0.55% | — | Tier 1. |
| $2,500 – $5,000Tier 2. | 0.55% | — | Tier 2. |
| $5,000 and upTier 3. | 0.55% | $55 | Tier 3. |
Share Savings IRA Accounts
0.55%APY
Available as Traditional, Roth, SEP, or Education IRAs. Earned income eligibility rules apply. Dividends may be paid only from current income and accumulated earnings after required transfers to reserves.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1. | 0.55% | — | Tier 1. |
| $2,500 – $5,000Tier 2. | 0.55% | — | Tier 2. |
| $5,000 and upTier 3. | 0.55% | $55 | Tier 3. |
Sources (2)
- empowerfcu.com/personal/save-s…-retirement-accounts-ira
- empowerfcu.com/about-us/rates/deposit-savings-rates
All captured Sep 17, 2026
Who can join Empower Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in Empower FCU's service area are eligible to join.
Employers and groups
- Individuals who meet select employer or community partner affiliations are eligible to join.
Family and household
- Individuals who have a family member who is already a member are eligible to join.
Other ways
- Applicants can qualify for membership by joining the American Consumer Council (ACC) at no cost.
Cost to join
- Opening a membership requires a share savings account with a $1 minimum deposit.
Membership information collected October 5, 2026.