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Last Updated: 04/18/2025

Frankenmuth Credit Union Savings Account

in Savings Accounts from Frankenmuth Credit Union

Last Updated: 04/18/2025

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APY (Annual Percentage Yield)

1.09% - 3.00%(Verified 06/21/2024)

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

$0
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Frankenmuth Credit Union Savings Account Review

Frankenmuth Credit Union Savings Account is offered by Frankenmuth Credit Union, a credit union founded in 1964 and based in Frankenmuth, MI. Frankenmuth Credit Union Savings Account are available in 50 states and Washington, DC.

Key Takeaways

  • High yield savings. This account offers an annual percentage yield of up to 3.00%, which is much higher than the average interest rate for a savings account.
  • No minimum initial deposit. There is no minimum balance required to open an account online.

Frankenmuth Credit Union Savings Account Pros & Cons

Frankenmuth Credit Union Savings Account FAQ

Are savings accounts from Frankenmuth Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does Frankenmuth Credit Union offer a signup bonus?

Frankenmuth Credit Union Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Frankenmuth Credit Union Savings Account?

There is no minimum deposit to open a Frankenmuth Credit Union Savings Account.

What APY does Frankenmuth Credit Union Savings Account offer?

Frankenmuth Credit Union Savings Account offers a variable APY starting at 1.09% and ranging up to 3.00% (APY stands for annual percentage yield, rates may change). This is much higher than the national average rate for savings accounts.

What fees does Frankenmuth Credit Union Savings Account charge?

Frankenmuth Credit Union Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

    Can you set up a direct deposit to Frankenmuth Credit Union Savings Account?

    Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

    What is the customer support email for Frankenmuth Credit Union Savings Account?

    The customer support email for Frankenmuth Credit Union Savings Account is ccenter@frankenmuthcu.org.

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    Contact

    Headquarters

    580 N Main St
    Frankenmuth, MI 48734
    (989) 497-1600
    Visit Site
    Email Support

    Hours of Operation

    Sunday
    Closed
    Monday
    7:30AM - 6:30PM
    Tuesday
    7:30AM - 6:30PM
    Wednesday
    7:30AM - 6:30PM
    Thursday
    9:15AM - 6:30PM
    Friday
    7:30AM - 6:30PM
    Saturday
    9:00AM - 12:30PM

    Other Services by Frankenmuth Credit Union