Our Business Savings Products are totally liquid, with no strings attached and earn a great rate of return. If you a business, these are great products to earn more on the balances you keep.
| Tiers | APY** | Div Rate* |
|---|---|---|
| $500 - $9,999 | 2.68% | 2.65% |
| $10,000 - $24,999 | 2.89% | 2.85% |
| $25,000 - $99,999 | 3.15% | 3.10% |
| $100,000 - $499,999 | 3.38% | 3.33% |
| $500,000 - $999,999 | 3.46% | 3.41% |
| $1,000,000 & Up | 3.64% | 3.58% |
**APY=Annual Percentage Yield. Rates may change at any time. Must maintain a minimum daily balance of $500 to obtain the disclosed APY. Members will forfeit dividends if accounts closed before accrued dividends are posted. Account approval, qualifications, limits and other requirements may apply. May not be used in the overdraft table. Federally insured by NCUA. Contact us for more information.
| Min. | APY** | Div Rate* |
|---|---|---|
| $100 | 1.00% | 0.99% |
**APY=Annual Percentage Yield. Rates may change at any time. Must maintain a minimum daily balance of $100 to obtain the disclosed APY. Members will forfeit dividends if accounts closed before accrued dividends are posted. Account approval, qualifications, limits and other requirements may apply. Federally insured by NCUA. Contact us for information about fees and terms that may apply.
| Investment | APY** | Div Rate* |
|---|---|---|
| $1,000-$99,999 | .20% | .20% |
| $100,000-$149,999 | .18%-.20% | .15% |
| $150,000-$249,999 | .15%-.18% | .10% |
| $250,000+ | .05%-.15% | .05% |
| Dividend Tiers | APY** | Div Rate* |
|---|---|---|
| $5 - $9,999 | 0.10% | 0.10% |
| $10,000 - $24,999 | 0.10% | 0.10% |
| $25,000 - $99,999 | 0.10% | 0.10% |
| $100,000 & Up | 0.10% | 0.10% |
| Balance | APY** | Div Rate* |
|---|---|---|
| $10,000 - $24,999 | 1.40% | 1.39% |
| $25,000 - $49,999 | 1.50% | 1.49% |
| $50,000 - $99,999 | 1.60% | 1.59% |
| $100,000 - $499,999 | 2.25% | 2.23% |
| $500,000 - $999,999 | 2.75% | 2.72% |
| $1,000,000 and up | 2.90% | 2.86% |
Why invest with us? Â FCU was recently rated among the top 5% of credit unions NATIONWIDE, based on its level of equity and secure investments according to Raddon Financial, a national firm that reviews banks and credit unions of all sizes. Financial, a national firm that reviews banks and credit unions of all sizes.
| CD Type | APY** | Div Rate* | Min. | Details |
|---|---|---|---|---|
| Minimum Investment | Description | |||
| $500 - $99,999 | ||||
| 5 Months | 3.57% | 3.51% | $500 | Good for funds already at FCU and new funds. |
| 13 Months | 3.26% | 3.21% | $500 | Good for funds already at FCU and new funds. |
| 19 Month Bump*** | 3.16% | 3.11% | $500 | Good for funds new to FCU only. |
| $100,000 - $149,000 | ||||
| 5 Months | 3.77% | 3.71% | $100,000 | Good for funds already at FCU and new funds. |
| 13 Months | 3.35% | 3.30% | $100,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump*** | 3.31% | 3.26% | $100,000 | Good for funds new to FCU only |
| $150,000 - $249,999 | ||||
| 5 Months | 3.98% | 3.91% | $150,000 | Good for funds already at FCU and new funds. |
| 13 Months | 3.46% | 3.41% | $150,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump*** | 3.46% | 3.41% | $150,000 | Good for funds new to FCU only |
| $250,000 - and up | ||||
| 5 Months | 4.08% | 4.00% | $250,000 | Good for funds already at FCU and new funds. |
| 13 Months | 3.66% | 3.60% | $250,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump*** | 3.67% | 3.61% | $250,000 | Good for funds new to FCU only |
| Livestock Fair CD | ||||
| 7 Months | 5.25% | 5.13% | $500 | ****Only for youth who sold livestock during county fairs. See disclosure for details. |
Frankenmuth CU offers a large variety of loan services with varying terms and the most competitive rates in the marketplace to meet your business’ specific needs. Contact our experienced team for more information.
- Cash Secured Loans
- Investment Secured Loans (stocks and bonds)
- Commercial Real Estate Purchase and Rfinance
- Asset Based LOC
- Investment Properties
- Commercial LOC
- Business Autos
- Business Equipment
- Commercial Real Estate Construction loans
- Lines of Credit
Create and send a great-looking invoice in minutes. Delight your customers with easy online payment options. See who paid their invoice and who is past due.
- Send invoices to your customers online
- Accept online payments
- Get paid right into your Frankenmuth CU account
- Automate your most time-consuming tasks
- Get financial reports for tax time
- Manage all of your customers and vendors in one place
- Access detailed reports, Balance Sheets or General Ledgers
- Run your business from your online banking
Michigan Retailers Association helps getting paid the easiest part of your business with fast, secure credit and debit card processing. This virtual merchant tool gives small businesses the power of big business.
- PCI Compliant
- Next day availability
- Personal service from FCU and Michigan Retailers Association
- 24/7 support 800-563-5981
Magic Wrighter helps businesses with ACH Origination without requiring the purchase of specialized software. Provides employee payroll solutions with direct deposit capabilities, business to business payments, direct deposit of federal and state taxes, and so much more.
- Payroll Direct Deposit
- Vendor Payments & Cash Management
- Pre-authorized Payments
- Tax Payments
Gusto is a product that has the power to integrate payroll, HR, and benefits services for smaller businesses. The full-service payroll feature automatically calculates and pays federal, state, and local taxes, files W2’s and 1099’s. HR tools include vacation calculations, compliance, onboarding tools, workmen’s comp, benefits and time tracking capabilities.
- Automatically files your payroll taxes
- Unlimited Payrolls
- Built-in benefits and time tracking
- Best in-class customer service
iPay has both a payroll and a Bill Pay services accessed through business online banking to assist small businesses. Direct deposits and the ability to transfer funds to other financial institutions allows businesses make weekly bill paying and payroll a breeze.
Standard Checking
Interest Checking
Health Savings Checking
- Must Have High Deductible Insurance Plan
- Pays Interest
- Tiered interest Rates by Balance
- No Overdraft Protection
- Online Banking Access
- Earns VIP Points
Contact our business department today or visit our Frankenmuth Main Branch.
Health Savings Rates
| Investment Amount | APY** | Div Rate* |
|---|---|---|
| $0.01 - $999 | 0.15% | 0.15% |
| $1,000 - $2,499 | 0.30% | 0.30% |
| $2,500 - $9,999 | 0.30% | 0.30% |
| $10,000 and up | 0.30% | 0.30% |
Biz Checking Rates
| Description | APY** | Div Rate* | Balance |
|---|---|---|---|
| Minimum balance to earn interest | |||
| 2 Star Plus Checking | 0.03% | 0.03% | $250 min. |
| 3 Star Plus Checking | 0.05% | 0.05% | $500 min. |
| 4 Star Plus Checking | 0.10% | 0.10% | $1000 min. |
| 5 Star Plus Checking | 0.30% | 0.30% | $20,000 min. |
Biz Checking Disclaimers
*Electronic transactions do not count toward this total.
**Monthly Account Fee charged if daily balance falls below minimum balance requirement OR number of items are exceeded.
True biz Card
- Low Rate
- Earn rewards on every purchase
- No Cash Advance Fee
- No Annual Fee
- No Balance Transfer Fee
- Flexible Repayment Option
Contact our business department today or visit our Frankenmuth Main Branch.
Credit Card Rates
| MasterCard | APR* | Benefits |
|---|---|---|
| as low as | ||
| Business Platinum | 12.50%, Rate tied to Prime + 5.00% | Earn points on each purchase for travel, merchandise or cash |
| Balance Transfer Promo | 10.50%, Rate tied to Prime + 3.00% | Special Rate for debt transferred from accounts outside FCU |
Autobooks provides accounting, invoicing and credit/debit card processing services that save time for small business owners. Found within your online banking, Autobooks simplifies your finances by streamlining tedious time consuming tasks.
We’d love to take 10 minutes to show you the quickest ways to use Autobooks. Pick your favorite day and time, and we’ll give you a call.
Biz Benefits
An FCU membership doesn’t just give you better service and amazing products, membership also gives you access to hundreds of dollars in savings and rewards from national-brand retailers and local services you use every day. Click on the brand logos below to take advantage of the savings.
MEET THE TEAM
