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Savings

FCU SPECIAL:

Featured CD Specials
Effective Date: Wednesday, November 21st, 2018
Name**APY*APRMinimum InvestmentDescription
13 Month CD 2.50% 2.47% $500.00 Good for funds already at FCU as well as new funds.
21 Month CD 2.75% 2.72% $500.00 Good for new to FCU funds only.
37 Month CD 2.80% 2.76% $500.00 Good for funds already at FCU as well as new funds.
APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.

 

Wealth Builder Savings
Effective Date: Wednesday, November 21st, 2018
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.

Your money will bloom and grow with our Wealth Builder Savings Account. It's easy. No strings attached. It's a totally liquid account so you can get your money out quick and easy. Get started today. Visit a branch near you or call or text us at 989-497-1600.
Not a member and want to earn this amazing rate. Click the button below.

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*APY = Annual Percentage Yield. Rates may change at any time. Advertised rate is on the first $9,999 balance for consumers and $99,999 in balances for business. No interest will be paid on the Wealth Builder Consumer if the average daily balance is less than $100 and on the Business Wealth Builder if less than $1,000. Account approval, qualifications, limits and other requirements may apply. Federally insured by NCUA.

Regular Savings, Birdie or TLT Accounts

Interested in taking advantage of some of the exciting services Frankenmuth Credit Union has to offer? This is the account that makes you an owner of the credit union and once you are an owner you are able to look in to acquiring additional services that Frankenmuth CU has to offer. Birdie accounts are for members 12 and under in age. TLT accounts are for young investors ages 13 to 17 and they both teach good savings habits and their importance. Savings rate information.

Kasasa Saver

Save more of everything - money, time, and energy - automatically. Innovative, free Kasasa Saver works with your equally free Kasasa Cash or Kasasa Cash Back checking account. Saving is easy - that is, when you have an account that does the heavy lifting for you. Do you Kasasa?

Kasasa Saver Savings
Effective Date: Wednesday, November 21st, 2018
**APY*APRMaximum Dollar AmountDescription
1.75%APY 1.75%-.95% $100,000.00 Balances over $100,000 earn .25%APY with is a range of 1.75%APY-.95%APY depending on the balance. Non-qualifying accounts earn .01%APY
Qualifying accounts are accounts that receive e-statements, do a minimum of 15 debit card purchases and a minimum of one ACH debit/bill pay during the qualifying cycle. APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.
Only members with a Kasasa Cash or Kasasa Cash Back checking can also take advantage of a Kasasa Saver savings account. When you qualify each month with your Kasasa Cash and Kasasa Cash Back you automatically qualify with your Saver account too.

Systematic Savings Accounts

Never been able to save but wish you could? Don't think you could ever save because you are barely making ends meet now. Anyone can save and with our Systematic Savings or Systematic IRA Savings accounts, you can too. How does saving $2,500 over four years sound to you? By saving less than $12 a week you could save roughly $2,500 in four years. And our Systematic Savings accounts give you the tools and discipline to do just that. 

Systematic Savings Products
Effective Date: Wednesday, November 21st, 2018
Name**APY*APR
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.

Escrow Accounts

Need a separate account to save for insurances, taxes, home improvements or any other project or expense you are going to have in the future? Our Escrow account options give the perfect place to save money, separate from your other savings accounts. Savings rate information.

Christmas or Vacation Club Accounts

Need a separate account to save for Christmas or an upcoming exciting vacation get away? Our Christmas or Vacation Club accounts are just what you are looking for. There are no minimum balances or deposit requirements. See how quickly weekly deposit will add up and how easily you can reach your savings goal. Savings rate information

Growth Savings Accounts

Our Growth Savings Accounts* are a great way to earn a premium rate of return without any deposit or withdrawal restrictions!

Growth Savings Accounts
Effective Date: Wednesday, November 21st, 2018
Name**APY*APRNotes
I Growth savings 0.10% 0.10% $5,000 minimum balance.
II Growth Savings 0.20% 0.20% $25,000 minimum balance. Require open checking or credit card with FCU.
III Growth Savings 0.30% 0.30% $50,000 minimum balance. Requires open checking and credit card with FCU.
IV Growth Savings 0.40% 0.40% $100,000 minimum balance. Requires FCU checking, FCU credit card and appt. with FCU Investment or Insurance department.
APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information. Please contact us for more information or go to our Savings & Checking page. Each Growth Savings account stands on its own. The Growth Savings accounts are not tiered accounts and the rates do not change as balances change. Members must contact FCU and sign a new Truth-In-Savings Disclosure in order to change from one Growth Savings product to another. Growth Savings accounts may require additional services with FCU to qualify.


Introducing Our 4 New Growth Savings Accounts!

I Growth Savings

  • Earn a good rate of return for investment balances starting at $5,000.

II Growth Savings

  • Members with a checking or credit card with Frankenmuth Credit Union may take advantage of this Growth Savings Account and earn an excellent interest rate. For investment balances starting at $25,000.

III Growth Savings

  • For those starting with investment balance of $50,000 here is your chance to take advantage of a top of the market rate with no deposit or withdrawal restrictions. This rate is so good! Members will need a checking and credit card with Frankenmuth Credit Union to take advantage of this account.

IV Growth Savings

  • With this Growth Savings Account you get to take advantage of the best of both worlds. This Growth Savings requires that member to have a checking** with FCU, which is a checking that earns an excellent rate of return already. Then add this account to your portfolio, for the ultimate rate of return on liquid money. For investors starting at $100,000.

*Please note, Growth Savings accounts are not tiered accounts and the rates do not change as balances change. Members must contact FCU and sign a new Truth-In-Savings Discolusure in order to change fom one Growth Savings product to another.
**To qualify for a Premier Checking account direct deposit is required.
 

Money Market Accounts

Money Market Insured Account

For investments starting as small as $1,000 you may take advantage of our Money Market Insured Account. This account pays rates competitive with local brokerage houses plus the added convenient benefit of access to your funds by check, online, in person or by phone.

MEGA Money Market Insured Account

For the savvy investor who has more of a balance and wants a higher return, but still needs to keep their funds liquid, we have the MEGA Money Market Insured Account. Similar to the regular Money Market Insured Account, members have access to their funds by check, online, in person or by ARU phone, or home banking. But unlike the Money Market Account it earns an even higher rate of return. Click here for additional rate information.

IRA Accounts

Traditional, Roth or Coverdell ESA IRAs

Frankenmuth Credit Union offers many different options for those members who are planning for their retirement. We offer the Traditional, Roth and Coverdell IRAs in both a savings account option or in any one of our high rate Certificate of Deposits products. Click Here for Frankenmuth Credit Union rate information.

For even more investment options...... we have the benefit of having our Member Investment Services representatives on staff. On top of FCU's IRA products, they are also able to offer much more.

Traditional IRA, Roth IRA & Coverdell ESA
Effective Date: Wednesday, November 21st, 2018
Investment Amount**APY*APR
$0 - $9,999 0.10% 0.10%
$10,000 - $24,999 0.20% 0.20%
$25,000 - $99,999 0.30% 0.30%
$100,000 & Up 0.40% 0.40%
INGS    
If you are looking for more IRA investment options, check out our Certificates of Deposit rates. IRAs can take advantage of these great rates also.
APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information.


DON'T FORGET...IRA money can also be invested into any one of our high rate Certificate of Deposit products also! 

Certificates of Deposit (CD)

Want to see your interest really ad up? Frankenmuth Credit Union has Certificates of Deposit to meet any investors needs. We have CDs from 3 months to 5 years, and every where in between.

Typically, our Certificates of Deposits earn the highest interest rates of all of our savings products and are an excellent way to watch your money grow. Investment minimum of as little as $500 to start.  Click here for additional rate information.

Certificate of Deposit (for Regular & IRA Investments)
Effective Date: Wednesday, November 21st, 2018
Term**APY*APR
$500 - $99,999
3 Month 1.30% 1.29%
6 Month 1.45% 1.44%
9 Month 1.55% 1.54%
12 Month 1.65% 1.64%
18 Month 1.70% 1.69%
2 Year 2.15% 2.13%
3 Year 2.25% 2.23%
4 Year 2.45% 2.42%
Enjoy the option to Bump your 60 month CD rate. Contact us for more information.
5 Year - BUMP CD 3.00% 2.96%
$100,000 and over
3 Month 2.30% 2.27%
6 Month 2.45% 2.42%
9 Month 2.55% 2.52%
12 Month 2.65% 2.62%
18 Month 2.70% 2.67%
2 Year 2.80% 2.76%
3 Year 2.85% 2.81%
4 Year 2.90% 2.86%
Enjoy the option to Bump your 60 month CD rate. Contact us for more information.
5 Year - BUMP CD 3.50% 3.44%
*Require $500 minimum investment for a Certificate of Deposit under $100,000 and $100,000 for a CD over. Rates subject to change. Investment fully insured under the NCUA guidelines. Penalty for early withdrawal or closing. APY = Annual Percentage Yield. Contact us for more information.


Ask us about our JUMBO CD's!

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