Empower Federal Credit Union is a full-service financial institution serving central New York state and eight other counties in New York. Its members have access to more than 55,000 ATM locations nationwide through the Sharenet and Allpoint networks. Its offerings include savings and business checking accounts, lending services, business tax services and more. It has an A+ Better Business Bureau rating and generally positive reviews online.
To be eligible to become a member of Empower Federal Credit Union, you must be employed by or retired from any of its members companies, be an immediate family member of an Empower Federal Credit Union member or must live, work, worship or attend school in an area included in one of Empower’s neighbor areas.
Empower Federal Credit Union Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||First 99 checks processed each month for free, then 35 cents each thereafter|
|Wire Transfer Fee||Within U.S.: $15 each|
|Cash Deposit Fee||Not available|
|Overdraft Fee||$25 per item|
|ATM Fee||Non-Empower Federal Credit Union and Non-Allpoint ATM transaction: 10 free per month, then $2 per transaction|
Empower Federal Credit Union Network
Empower Federal Credit Union provides services to members in central New York and eight counties in New York state. Its members also enjoy access to a surcharge-free ATM network with more than 55,000 locations available including Empower ATMs, Sharenet network, select southern-tier ATM locations and Allpoint nationwide network. You can use its branch locator to see what locations are closest to you.
Empower Federal Credit Union Additional Business Banking Services
Empower Federal Credit Union also offers the following business services: online and mobile banking, business savings and money market accounts, business line of credit, wealth management, and business, Small Business Administration and commercial loans. Currently, it does not offer wealth management services. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
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