| Terms (months) | Rate | APR (as low as) | Points |
|---|---|---|---|
| 30 Year Fixed Rate | 6.875% | 6.913% | 0.000% |
| 20 Year Fixed Rate | 6.500% | 6.548% | 0.000% |
| 15 Year Fixed Rate | 6.250% | 6.310% | 0.000% |
| 5 Year Adjustable Rate | 7.000% | 6.889% | 0.000% |
Rates as of Nov 21 of 2024
Rates are not locked until confirmed with a loan officer. No rate locks taken after 3:00 p.m. or during non-business hours. Fixed rates are typically updated once a day, however market conditions may require changes within the business day without notice. Rates may be different based on loan purpose, credit score and property LTV (Loan to Value).
Apply for a Mortgage Loan Mortgage Resource Center Quick Rate Quote
| Term | Minimum Balance | Rate | APY* |
|---|---|---|---|
| 6 month SPECIAL** | $5,000 | 4.75% | 4.75% |
| 6 month | $1,000 | 1.24% | 1.25% |
| 9 month | $1,000 | 1.49% | 1.50% |
| 12 month | $1,000 | 1.99% | 2.00% |
| 18 month | $1,000 | 2.23% | 2.25% |
| 24 month | $1,000 | 2.48% | 2.50% |
| 36 month | $1,000 | 2.48% | 2.50% |
| 60 month | $1,000 | 3.21% | 3.25% |
*APY is Annual Percentage Yield. Withdrawals made prior to the maturity date are subject to penalty and may reduce earnings and principal. For additional information on dividend calculations and terms and conditions, please refer to our Truth-in-Savings Disclosure.
**Limited availability, rates subject to change at any time. Early withdrawal penalties apply. Minimum balance to earn APY is $5,000. Minimum $5,000 new money to Empower Credit Union required.
Rates as of May 22, 2024
| Fair Market Value % | Introductory APR (12 month) | APR (as low as) |
|---|---|---|
| 80% | 6.49% | Prime Rate minus 1.00% |
| 90% | 7.49% | Prime Rate |
Rate as of September 19, 2024
APR = Annual Percentage Rate. LTV = Loan to Value. Rates and terms may change at any time without notice. 6.49% APR available on loans for owner-occupied primary residences with LTV ratios less than or equal to 80%. Minimum credit score of 601 or higher. Rate is variable. Introductory rate is fixed for 12 months, then set at Prime (recently 8.00%) minus 1.00%, or 3.50% APR, whichever is higher. Rate is subject to change after 12 months from closing date, and thereafter on the first day of the month following any change in the Prime Rate as published in the Wall Street Journal. Maximum rate is 15%. Monthly payments during the 10 years following the closing date (Draw Period) are the accrued interest due as of the statement date. Any outstanding balance at the end of the Draw Period will be amortized at a fixed rate of 6.00% APR over 180 months (Repayment Period). Membership eligibility required. Other restrictions apply.
| Terms (months) | APR (as low as) | Payment per $1,000 |
|---|---|---|
| 60 | 6.49% | $19.80 |
| 120 | 7.49% | $12.13 |
| 180 | 8.49% | $10.14 |
Rate as of September 19, 2024
APR = Annual Percentage Rate. LTV = Loan to Value. Rate and margin depend on credit worthiness and LTV. $500 estimated closing costs, unless a property appraisal is necessary with an estimated additional cost of $400.
| Balance | Rate | APY* |
|---|---|---|
| $0.00 to $74,999.99 | 0.10% | 0.10% |
| $75,000 to $149,999.99 | 3.20% | 3.25% |
| $150,000 to $249,999.99 | 3.83% | 3.90% |
| $250,000 and above | 4.07% | 4.15% |
Rates as of May 22, 2024
*APY= Annual Percentage Yield.
| Balance | Rate | APY* |
|---|---|---|
| $0.00 to $4,999.99 | 0.24% | 0.24% |
| $5,000 to $9,999.99 | 0.75% | 0.75% |
| $10,000 to $24,999.99 | 1.05% | 1.05% |
| $25,000 to $49,999.99 | 1.34% | 1.35% |
| $50,000 to $74,999.99 | 1.98% | 2.00% |
| $75,000 to $99,999.99 | 2.22% | 2.25% |
| $100,000 to $199,999.99 | 2.86% | 2.90% |
| $200,000 and above | 3.83% | 3.90% |
Rates as of May 22, 2024
*APY= Annual Percentage Yield.
| Type | Minimum Balance | Rate | APY* |
|---|---|---|---|
| Base Membership | $25.00 | 0.06% | 0.06% |
| Statement Account | $1.00 | 0.06% | 0.06% |
Rates as of May 22,2024
*APY=Annual Percentage Yield. Dividends are NOT paid on any savings account balance less than $50.00.
| Type | Minimum Balance | Rate | APY* |
|---|---|---|---|
| Christmas | $1.00 | 0.10% | 0.10% |
| Vacation | $1.00 | 0.10% | 0.10% |
Rates as of May 22, 2024
*APY=Annual Percentage Yield. Dividends are NOT paid on any savings account balance less than $50.00. Any withdrawals made before club account maturity are subject to an early withdrawal fee published in our Fee Schedule.
| Balance | Rate | APY* |
|---|---|---|
| $0.00 to $299.99 | 0.00% | 0.00% |
| $300.00 to $2,499.99 | 0.03% | 0.03% |
| $2,500 and above | 0.05% | 0.05% |
Rates as of May 22, 2024
*APY= Annual Percentage Yield. Dividends are NOT paid on any checking account balance less than $300.00. Monthly direct deposit required to earn dividends for Power Plus Checking.
| Balance | Rate | APY* |
|---|---|---|
| $0.00 to $299.99 | 0.00% | 0.00% |
| $300.00 to $1,000.00 | 5.00% | 5.00% |
| $1,001.00 to $9,999.99 | 0.10% | 0.10% |
| $10,000.00 and above | 0.12% | 0.12% |
Rates as of May 22, 2024
*APY= Annual Percentage Yield. Dividends are NOT paid on any checking account balance less than $300.00. Monthly direct deposit and e-statements required to earn dividends for High Voltage Checking.
| Type | Minimum Balance | Rate | APY* |
|---|---|---|---|
| Open Savings | $5.00 | 0.10% | 0.10% |
| Term | Minimum Balance | Rate | APY* |
|---|---|---|---|
| 12 month | $1,000.00 | 1.99% | 2.00% |
| 18 month | $1,000.00 | 2.23% | 2.25% |
| 24 month | $1,000.00 | 2.48% | 2.50% |
| 36 month | $1,000.00 | 2.48% | 2.50% |
*APY is Annual Percentage Yield. Withdrawals made prior to the maturity date are subject to penalty and may reduce earnings. For additional information on dividend calculations and terms and conditions, please refer to our Truth-in-Savings Disclosure.
Rate as of May 22, 2024
For taxation advice please contact your tax advisor.
| Model Year | Term (Up to # Months) | APR (As Low As)* | Payment per $1,000 |
|---|---|---|---|
| 2023 to Current Model Year | 72 | 5.99% | $17.05 |
| 84 | 6.99% | $15.59 | |
| 2015 to 2022 | 72 | 6.49% | $17.29 |
| 2009 to 2014 | 60 | 7.99% | $20.76 |
*APR=Annual Percentage Rate. Available rates and terms are based on creditworthiness. Published rates include a 0.50% discount for automatic payments from an active Empower checking account. Minimum Loan Amounts of $15,000 or more for terms between 67-72 months; $30,000 or more for terms between 73-84 months. Existing Empower Credit Union loans are eligible for refinancing if adding $5,000 new money or more to the existing loan. Collateral must be acceptable to Empower Credit Union (e.g. no branded titles). Maximum Loan-to-Value of 110% for published rates. Other rates and terms available. Other exclusions may apply. Rates are subject to change at any time.
| Model Year | Term (Up to # Months) | APR (As Low As)* | Payment per $1,000 |
|---|---|---|---|
| 2023 to Current Model Year Year | 72 | 6.49% | $17.29 |
| 84 | 7.49% | $15.84 | |
| 96 | 8.49% | $14.91 | |
| 2015 to 2022 | 72 | 7.49% | $15.84 |
| 84 | 8.49% | $14.91 | |
| 96 | 9.49% | $15.44 |
*APR=Annual Percentage Rate. Available rates and terms are based on creditworthiness. Published rates include a 0.50% discount for automatic payments from an active Empower checking account. Minimum Loan Amounts of $25,000 or more for terms between 73-84 months; $35,000 or more for terms between 85-96 months. Existing Empower Credit Union loans are eligible for refinancing only if adding $5,000 new money or more to the existing loan. Collateral must be acceptable to Empower Credit Union (e.g. no branded titles). Maximum Loan-to-Value of 110% for published rates. Other rates and terms available. Other exclusions may apply. Rates are subject to change at any time.
| Loan Type | APR (as low as)* | Payment | Max Finance Amount | Term |
|---|---|---|---|---|
| Savings Secured | Call for current rate | Varies on Investment | 100% of Account Balance | Up To 60 months |
| Certificate Secured | Call for current rate | Varies on Investment | 100% of Account Balance | Length of Certificate |
*APR= Annual Percentage Rate. Funds must be secured during the entire term of the loan.
| Loan Type | APR (as low as)* | Payment | Max Finance Amount | Term |
|---|---|---|---|---|
| Signature | 13.49% | $27.08 per $1,000 | $15,000 | Up To 48 months |
| KWIK Cash | 11.00% | $50 MIN, 5% of Balance | $15,000 | Revolving, Open Ended |
*APR=Annual Percentage Rate. Financing terms are based on creditworthiness and may change at any time.
| Loan Type | APR (as low as)* | Payment | Max Finance Amount | Term |
|---|---|---|---|---|
| VISA Rewards | 10.90% | 3% of Balance | $15,000 | Revolving, Open Ended |
| VISA Platinum | 8.90% | 3% of Balance | $15,000 | Revolving, Open Ended |
*APR=Annual Percentage Rate. Please review our VISA disclosure for terms and conditions.
*APY is Annual Percentage Yield. Minimum deposit to open a Money Market or Money Market Plus is $5,000. Minimum balance to earn advertised rate is $250,000 in Money Market Plus. Rates are tiered based on balances and are subject to change at any time. ** Best rate claim based on survey of money market rates at credit unions with a Milwaukee location as of 8/25/2023. Federally insured by the NCUA. Empower Credit Union is an Equal Housing Lender. Empower Credit Union is a full-service financial institution serving Milwaukee, Waukesha, Washington, and Racine counties.
