Sep, 30, 2025 — EMPOWER FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 24 branch locations and about $4.07 billion in total assets. Opened 87 years ago in 1939, EMPOWER FEDERAL CREDIT UNION has about 299,402 members and employs 562 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EMPOWER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Member Way SYRACUSE, NY 13212 |
| Phone: | (315) 477-2200 |
| Fax: | |
| Website: | https://www.empowerfcu.com |
| Branches: | 24 branch locations |
| Members: | 299,402 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3025 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $4,073,800,479 |
| CEO/Manager: | Ryan McIntyre |
| Chairperson: | Jayant Datta |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 171,337,405 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 912,000 |
| Real Estate Loans | 2,146,813,030 |
| Unsecured Loans | 313,956,078 |
| Other Loans | 980,920,631 |
| TOTAL LOANS | 3,445,107,378 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -49,363,197 |
| Land And Building | 27,210,052 |
| Other Fixed Assets | 10,090,835 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 32,032,549 |
| All Other Assets | 467,298 |
| TOTAL ASSETS | 4,073,800,479 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 183 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 48,701,322 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 535,678,315 |
| Regular shares | 786,401,003 |
| All Other Shares & Deposits | 2,338,874,475 |
| TOTAL SHARES & DEPOSITS | 3,660,953,793 |
| TOTAL LIABILITIES | 3,711,091,339 |
| Regular Reserve | 0 |
| Other Reserves | -17,520,649 |
| Undivided Earnings | 380,229,789 |
| TOTAL EQUITY | 362,709,140 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,073,800,479 |
| INCOME & EXPENSE | |
| Loan Income | 156,113,467 |
| Investment Income | 15,356,245 |
| Other Income | 11,466,958 |
| Total Employee Compensation & Benefits | 51,370,263 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 51,424,631 |
| Non-operating Income & (Expense) | -1,262,912 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,947,777 |
| Cost of Funds | 64,364,156 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,920,731 |
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