Empower Federal Credit Union
Syracuse, NY Empower FCU
- UEI
- HPYEDXTVJ7F4
- CAGE
- 7MZ01
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1 Member Way, Syracuse, NY 13212, USA
- Website
- empowerfcu.com
- Founded
- 1939
- Employees
- 251-1K
- Estimated annual revenue
- $50M-$100M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
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About the company
Empower Federal Credit Union (Empower FCU), headquartered in Syracuse, New York, is a not-for-profit financial institution registered in SAM.gov since 2016. As a certified Community Development Financial Institution (CDFI), the credit union focuses on providing financial services and supporting economic development in underserved communities, particularly Native American regions. The organization is structured as a tax-exempt corporate entity that specializes in delivering affordable financial products, loans, investments, and community-focused financial services to communities with limited access to traditional banking resources.
Through multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Empower FCU has received significant funding to support its community development mission. The credit union has been awarded four project grants totaling approximately $3,386,265 between 2020 and 2024, with grant periods extending through December 2027. These grants, including the CDFI Program and the Rapid Response Program, have enabled Empower FCU to provide targeted financial services aimed at economic revitalization, job creation, and business development in underserved communities. The most recent grant of $900,000 awarded in September 2024 specifically focuses on delivering loans, investments, and financial services to Native American communities, with the goal of fostering economic self-determination and ensuring access to affordable credit. Each grant has supported the credit union's core mission of driving community development by providing financial resources and training opportunities to promote economic growth in marginalized areas.
Quick answers
Is Empower Federal Credit Union registered in SAM.gov?
Yes. Empower Federal Credit Union's SAM.gov registration is active through July 9, 2027.
What is Empower Federal Credit Union's most recent federal award?
Empower Federal Credit Union's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (231FA064428G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Empower Federal Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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