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Higher Yield Accounts

Wealth Builder Savings

If you are ready for a savings account that earns a great rate of return and has literally no strings attached then you are ready for a Wealth Builder savings from FCU. Open one today and starting earning the rate of return you desire with the option for withdrawals and additional deposits anytime you want.  Plus, to earn this special rate, all you have to do is keep the minimum balance ($100 for consumers and $1,000 for businesses). That's it - a safe, simple and rewarding place to put your hard earned savings.

Wealth Builder Savings
Effective Date: Friday, January 18th, 2019
Investment Amount**APY*APR
$100-$9,999 1.00% 1.00%
$10,000-$99,999 .75% 1.00%-.78%
$100,000+ .25% .78%-.25%
APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.

Business Wealth Builder Account
Effective Date: Friday, January 18th, 2019
Minimum Investment**APY*APR
$1,000-$249,999 1.00% 1.00%
$250,000-$499,999 .75% 1.00%-.85%
$500,000+ .25% .85% - .25%
APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.


Save to Win

Save To Win is like playing the lotto, only better. Here's how it works:

  1. When you are member of Frankenmuth Credit Union you can open a Save To Win account with only $25. A Save To Win account is similar to a 12 month certificate of deposit (CD), in that you can not withdraw the funds until 12 months have passed from the date of opening. But unlike a CD, you can deposit at any time to Save To Win in any dollar amount AND you can win cash prizes!
  2. The more deposits you make to your Save To Win, the more opportunities you have to win cash. For every $25 deposit you earn an entry into the drawings, up to 10 prize entries per month.
  3. Prizes ranging from $15 to $5,000 and will be awarded monthly and quarterly. For a complete list of prizes and rules, click here.
  4. Save To Win at Frankenmuth Credit Union also earns a great rate.

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Save To Win
Effective Date: Friday, January 18th, 2019
**APY*APRMinimum Dollar AmountTerm
1.51% 1.50% $25 to open. Can deposit at any time. Can not withdraw till 12 months after date of opening.
Don't gamble away your hard earned money, do Save To Win. All the cash you deposit into Save To Win earns interest and chances to win cash prizes up to $5,000. APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.

So just think, why gamble to win cash prizes when with Save To Win all of the money you deposit is still yours, you earn a great rate of return, and you can win up to $5,000!

Below are pictures of just a few of FCU's over 400 winners that have won cash prizes from Frankenmuth Credit Union since Save To Win started in 2009. 

Ruth Benny Irvin

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Kasasa Saver

FCU members with a Kasasa Cash or Kasasa Cash Back Free Checking qualify to also take advantage of a Kasasa Saver savings account. This account earns an out of this world rate on up to $100,000, each month your Kasasa checking qualifies. There are no deposit or withdrawal restrictions on a Kasasa Saver account. Just another benefit of Kasasa!

Systematic Savings

Experts say that we should have at least two months salary put away for a rainy day, yet many of us don't have that because we just haven't learned how to effectively save. Our Systematic Savings accounts help you do just that. By learning to pay yourself first on a consistent basis, with either an automatic transfer or direct deposit, it shows you how easy it can be to save and what a relief it is to know you have those back up funds in case of emergency. Frankenmuth Credit Union's Systematic Savings earns an amazing rate, requires a minimum of a $25 deposit every month and no withdrawals allowed for the first 48 months or until the balance reaches $2,500.  Frankenmuth Credit Union also offers a Youth Systematic Savings for members 12 and under and it also earns an extremely competitive rate. It requires a minimum of $10 deposited into it a month and no withdrawals for 48 months or until the balance reaches $2,500. 

Systematic Savings Products
Effective Date: Friday, January 18th, 2019
Systematic Savings 0.50% 0.50%
Systematic Traditional IRA 0.75% 0.75%
Systematic Roth IRA 0.75% 0.75%
Youth Systematic Savings (members 12 & younger) 0.50% 0.50%
All Systematic Savings, except for the Youth Systematic Savings, require a monthly minimum deposit of $25. Youth Systematic Savings requires a monthly minimum deposit of $10.
*Contact us for more information on our line of Systematic Savings products. Learn how a Systematic Savings can help even the most deficient saver start to build a savings.APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.

Money Market and Mega Money Market Accounts

Both of FCU's Money Market accounts are tiered accounts so they typically pay a high rate of return the higher your balance. Both accounts allow members the flexibility of accessing their funds either online, at any one of our branches, or by check.  Money deposited into either of these accounts can be withdrawn at any time as long as withdrawals are at least $500 or higher. Deposits can be made at any time also as long it is $100 or more being deposited.

Money Market Accounts
Effective Date: Friday, January 18th, 2019
Money Market Insured Account
$1,000 - $9,999 0.30% 0.30%
$10,000 - $24,999 0.30% 0.30%
$25,000 - $99,999 0.55% 0.55%
$100,000 & Up 0.55% 0.55%
Mega Money Market Insured Account
$10,000 - $24,999 0.15% 0.15%
$25,000 - $49,999 0.15% 0.15%
$50,000 - $99,999 0.15% 0.15%
$100,000 - $499,999 0.25% 0.25%
$500,000 - $999,999 0.25% 0.25%
$1,000,000 & Up 0.25% 0.25%
*Required minimum opening balance for both Money Market Accounts is the minimum required to earn interest. Limited to four withdrawals a month of $500 or more. All deposits must be over $100. APY = Annual Percentage Yield. Contact us for more information.

IRAs and IRA CDs

It's never to early to save for retirement and our Member Investment Services team is a great place to start. They will help guide you to the products and services that make the most sense for you. Maybe an IRA account or IRA CD would be best to compliment your current retirement plan or start you on the right path. They will be able to assist you all along the way.

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