Empire Federal Credit Union News and Events

your online source for empire fcu news

Serving members for 50 years.

September/October 2000


Holiday Loan
$2500 Max. Loan
as low as 10.9%
12 months to repay

offer valid 10/1/00 to 1/15/01
Contact the Credit Union for details.

 Branch's new name says it all
Convenient access, hours, location;
it's in the name

A summer block party, held in August, re-introduced Empire's newest branch by it's new name: the Convenience Branch at Moyers Corners.

The branch, which opened in November, 1998, offers complete Credit Union services. The name was added to give a clearer idea of the location's uniqueness. Members can access cash at any of three ATMs, and may use one of two computer workstations to access their accounts on line. It is staffed by 2-3 financial service representatives who can assist members with other services.

The branch is open 10 a.m. to 7 p.m., Monday through Friday, and 9 a.m. to 1 pm., Saturday, and is located on Route 57 at Route 31, Clay, a mile west of Route 481.

Savings Rates Up Again at Empire

Earn up to 3.00% APY on your savings at Empire*.

Move your savings over to Empire! Call or visit your Credit Union location.

*Money market rates even higher; savings rate based on balance.

 Money market rates to increase
Now's the time to build your savings portfolio

If you have built up your savings to $2,500 or more, you may want to look into money market accounts. Empire's CUIMMA (Credit Union Insured Money Market Account) currently pays an APY (annual percentage yield) of up to 4.50%, depending on your balance.

Money market accounts may pay a higher interest rate than regular savings accounts. Money deposited into a CUIMMA is not tiered up for a minimum term, and offers these other features:

  • unlimited deposits
  • may use payroll deduction
  • up to six withdrawals per month (min. $250)
  • dividends are calculated day to day on the actual balance, and compounded and posted monthly
  • CUIMMA rates are tiered and increase based on the account balance
  • Deposits are federally insured
  • No maintenance or service fees
Call or visit the Credit Union to open your CUIMMA.


Use DANA, P.C. Teller, and your Empire Express ATM card on days the Credit Union is closed.

The Credit Union will be closed Columbus Day, Mon., 10/9, and Veterans Day, Sat., 11/11

Make free ATM transactions at the newest sharenet! ATM location:

4873 North Jefferson Street, Pulaski

Use your Empire Express ATM card or debit card for fee-free transactions!

Coming Events

Boy Scout Popcorn Sale
Sat., Sept. 30, Empire FCU
515 Erie Blvd. West

Shopping day benefits zoo
Kaufmann's Shopping Day & Raffle to benefit Ross Park Zoo will be held on October 9. Tickets are $5 for admission to a special pre-opening shopping day and entry into a drawing for a trip. Contact Empire's Binghamton branch for details.

Fall BINGO party is free
Members are invited to the Credit Union fall BINGO party, Tuesday, October 17, 2-4 p.m., at the Polish Home, Fulton. Games will be played for door prizes, and refreshments will be served.

Kids Halloween party set
The annual credit union kids Halloween party is set for Saturday, October 21, 10 a.m.-noon, at the New York State Fairgrounds (indoors). Call the marketing department for tickets: age 13 & under - $3, adults - $5, non-members - $6.

Look for the Credit Union table at Oakdale Mall during Credit Union week!

New machine in Clay issues new ATM cards, PINs on the spot

Empire's Clay branch has a new name, the Clay Convenience Branch at Moyers Corners, and a new ATM card machine. The machine was installed to issue ATM cards on the spot. The machine also can issue new personal identification numbers (PINs) to members who would like to choose their own easier-to-remember PINs. The branch, located on Route 57 at Route 31, Clay is open 10 a.m. - 7 p.m., Monday through Friday, and 9 a.m. - 1 p.m. Saturday. In addition, there are two drive-up ATMs for 24-hour cash access.

Notice to members who have a first mortgage at Empire

Attention members with first mortgages at Empire that include escrow of taxes: we will conduct and escrow analysis during the months of October and November 2000.

Empire members get free internet banking service

The service is called P.C. Teller. This free internet service gives members access to all their Empire accounts., Members can use P.C. Teller at home work, or wherever they have internet access -- including computer stations at all Empire locations. P.C. Teller offers many banking options:

  • transfer funds between Empire accounts
  • check balances
  • make loan payments
  • look at mini -statement
  • renew savings certificates
Plus more, and more to come!
Call the Credit Union to set up access to P.C. Teller.

Shopping for a Loan
A good way to begin shopping for credit is to check with your current financial institution and ask for recommendations from family and friends. Your credit union is a good place to start. Note the different terms and rates available at each institution.
After establishing the amount you need to borrow, review your financial situation to determine how much of a monthly payment you can afford without putting a strain on your finances.
Examine the credit application and loan documents carefully to make sure the terms are acceptable. Ask questions about any items before you sign.
Terms to know:
Annual Percentage Rate (APR) - The finance charge of your loan expressed as an annual rate.
Credit Insurance - Coverage designed to pay the monthly payment or the outstanding balance of debt in case of death, illness, or injury.
Finance Charge - The total dollar amount you pay to use credit (includes interest costs).
Fixed-rate loan - A loan with an interest rate and payment that remain the same throughout the life of the loan.
Variable-rate loan - The interest rate changes over the life of the loan, resulting in possible changes in the monthly payment, or extension of term.

Offer gives $5 incentive to open holiday account

If you think it's too early to think about the holidays, take a look around the stores! See the racks of winter coats?

Make sure you can pay for Christmas 2001 -- open a Holiday Club Account at Empire. Open your account between September 15, 2000 and January 15, 2001, with payroll deduction, and Empire will deposit a $5 bonus into your new account.

If you already have Holiday Club Account and payroll deduction, increase your Holiday Club payroll deduction by $5 per deposit, and Empire will deposit a $5 bonus.

Call or visit the Credit Union to set up your account and payroll deduction in time to get your $5 bonus.


Ready for a new vehicle?
with Payment Shaver!

Empire's Payment Shaver is the loan that acts like a lease, and it could be the right vehicle loan option for you:

  • no down payment
  • several payoff options
  • title is in member's name

For more information, call or visit your Credit Union branch.


Holiday Club Account
balances will transfer to share account effective 10/1/2000.

All mail for the branch
in Binghamton should be sent to 477 State Street, Binghamton, NY 13901.

To Empire Visa cardholders:
Empire retains the right to offset late Visa payments by accessing your other Empire accounts.

Late fees are assessed
on all loan payments 10 days after the due date, and on mortgage payments 15 days after the due date.


Payments too high?

Let us buy back your loan or Visa from the other institution.

Check out our rates and your eligibility. Call or visit the Credit Union.

Credit Union Kids Halloween Party

Saturday, October 21
10 a.m. - noon
The Somerset Room
State Fairgrounds

Games & Goodies
Wear your costume
Call for tickets:
(315) 477-2200, ext. 375
13 & under - $3
adults - $5
non-members - $6

Renew savings certificates on line

Empire is on line and offers complete on-line banking at www.empirecu.org. Now members can renew Empire savings certificates on line.

Other on-line banking options include loan payments, account transfers, checking balances, mini-statements, and more.

Home Improvement Fall Special

7.75% APR
60 mos. to repay
8.00% APR
61-120 mos. to repay


offer valid through 9/30/2000


2nd Annual Fall Bingo Party

Tuesday, October 17, 2-4 p.m.
The Polish Home
W. First St. (Rte 48), Fulton

Free to Empire members
Games played for door prizes
Refreshments served

Limited space --
Call to sign up:

(315) 477-2200, ext. 375

Empire offers loans for new homes, home improvement

Empire's newest mortgage loan, the adjustable-rate 30-year mortgage (A.R.M.), is one of a full line of loan products at the Credit Union to help members finance a new home, or fix up an existing home.

In addition to the new A.R.M., there is a 15-year fixed-rate mortgage members can use to purchase a home, or to refinance the one they have.

Home equity loans at either adjustable or fixed rates can finance home improvements. Home equity loans can be used for certain major purchases Call the Credit Union for details.

Did You Know?

That you can get insurance through your Credit Union

Empire members now can get insurance through the Credit Union. Empire Associated Services (EAS), a wholly-owned subsidiary of Empire Federal Credit Union, announces its new auto and homeowners insurance program. EAS offers Empire members discounts on premiums, and an electronic transfer billing option.

Members can make it easy and convenient to get their insurance where they have their accounts. Call EAS for a comparison of your current policy: (315) 477-2200, extension 338, for Bruce.

Insurance will be offered through Empire Associated Services, Inc., a wholly-owned subsidiary of Empire Federal Credit Union (FCU). The purchase of insurance from Empire Associated Services, Inc., is not required to obtain credit or other services from Empire FCU. Insurance products are not credit union deposits and are not NCUA-insured, nor are they obligations of or guaranteed by Empire FCU.

Enter your 'Millennium Baby' to win $300!

If your baby is born in 2000 - you could win $300!

Call for details.


Congratulations to our
latest millennium babies:

June -- Evan H., Fulton
July -- Paul Z., Fulton


Rates anticipated for September/October 2000. (Call for special rates.)

Click here for Certificate Rates
here for Dividend Rates


Type APR*
NEW '00, '01
Auto, Truck, Cycle, Sm. RV
as low as**
NEW/USED' 93-' 01
Boat, Lg. RV
USED ' 97-' 99
Auto, Truck, Cycle, Sm. RV

USED '94-'96 (up to 36 mos.)
Auto, Truck, Cycle, Sm. RV

USED '93 & older (up to 36 mos.)
Auto, Truck, Cycle, Sm. RV

Share-Secured Loans

Stock-Secured Loans

Signature Loans

Home Improvement ($2,000-$15,000 secured)


Variable Line of Credit

Home Eq. LOC

Home Equity


Call for current rates

** 'As low as' applies to all rates. Rate depends on credit performance.
***Rate depends on vehicle type and number of payments.

NOTES ON RATES: *APR = Annual Percentage Rate; APY = Annual Percentage Yield. Lower mortgage rates available by paying points. Rates subject to change without notice. Contact the Credit Union for current rates. 'As low as' rates reflect Circle of Services and special offers. Call for details. Some loans may extend beyond 120-month term. Share account, Club account, and IRA Savings Account dividends paid day of deposit to day of withdrawal.

We do business in accordance with the Federal Fair Housing Law and the Equal Opportunity Act.


Credit Union Telephone Directory:
(click the back button on your browser to
return to your previous destination on this page.)

Main Office .................... (315) 477-2200
Fulton ........................... (315) 592-9324
Binghamton ................... (607) 722-3455
Pulaski ......................... (315) 298-6768
Clay ............................. (315) 622-9840
Toll-free ........................ 1-800-462-5000
DANA .......................... (315) 478-DANA
(607) 773-DANA
E-mail .......................... empire@empirecu.org
Home page http://www.empirecu.org/
Visa Classic ..................
Gold ....................
Lost/Stolen ..........
Haylor, Freyer &Coon .... (315) 477-2200, ext. 363
Car Buyer's Helpline ...... 1-800-836-4333
EAS Financial Planning (315) 477-1112
Collections Department (315) 477-2226