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.
| Min. | APY* | Div Rate** |
|---|---|---|
| $100 | 1.00% | 0.99% |
*APY=Annual Percentage Yield. Rate effective as of 9/1/2022. 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 | 1.44% | 1.43% |
| $25,000 - $49,999 | 1.54% | 1.53% |
| $50,000 - $99,999 | 1.64% | 1.63% |
| $100,000 - $499,999 | 2.50% | 2.47% |
| $500,000 - $999,999 | 2.80% | 2.76% |
| $1,000,000 and up | 3.00% | 2.96% |
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.
| Term | APY** | Div Rate* | Min. | Details |
|---|---|---|---|---|
| Minimum Investment | Description | |||
| 7 | 3.30% | 3.25% | $500 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 3.60% | 3.54% | $100,000 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 3.90% | 3.83% | $150,000 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 4.20% | 4.12% | $250,000 | Must be funds new to FCU. Only business accounts qualify. |
Does your business need a boost to ease financial burdens? Do you need to purchase equipment to improve your operations? Maybe your business needs working capital. Whatever the reason, Frankenmuth Credit Union’s Boost Loan can help. With its low rate of 6.05% APR*, a repayment term of 60 months and no application fee, our Boost Loan will help get your business soaring again.
- Low Rate
- Up to 60 months
- No application fees
| Description | Rate** | Term |
|---|---|---|
| as low as | Repayment Option | |
| Business Boost Loan | 6.05% APR* | 60 month |
Auto Financing
Shopping locally benefits the community and is always appreciated. Why not go local for your financing options. Frankenmuth Credit Union’s business team works hard to ensure we have the most competitive pricing and flexibility repayment terms whether you are buying one truck or a whole fleet.
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
Real Estate Financing
You might not think your local hometown financial solution has the tools or the ability to do your businesses real estate financing for you, but we do. We have solutions for small local business remodels to big million dollar refinances and everywhere in between.
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
Loans for Any Reason
Keep your dollars local and give, Frankenmuth Credit Union the opportunity to finance your next project or purchase. We promise you won’t be disappointed. We have business credit cards, business lines of credit, ag loans and more.
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
Lines of Credit
Manage your day-to-day business needs, from payroll to overhead costs, with a secured or unsecured line of credit from Frankenmuth Credit Union.
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
Ag Loans
Frankenmuth Credit Union is proud of what we have to offer to the agriculture community in the Great Lakes Bay Region. Being native to the area—even some growing up on farms themselves—our experienced lenders will work closely with you, in the office or on the farm, to meet the needs of your agribusiness.
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
MIGrow
Frankenmuth Credit Union presents financing for startup and expansion funds for farmers markets and grocery retailers in USDA-designated Food Desert Census Tract Investment Areas within Saginaw, Genesee, Bay, Lapeer and Sanilac Counties.
- Loan amounts from $50K to $1M
- Loan funds include: working capital, lease-hold improvements, equipment, inventory, construction, pre-development costs, site acquisition, bridge
- Capital and refinance business debt
To get started with a Frankenmuth Credit Union Business Loan contact our Business Department.
Elavon helps getting paid the easiest part of your business with fast, secure credit and debit card processing. This virtual merchant a tool gives small businesses the power of big business.
- PCI Compliant
- Next day availability
- Personal service from FCU and Elavon
- 24/7 support 800-725-1243
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 | 12.75%, Rate tied to Prime + 5.00% | Earn points on each purchase for travel, merchandise or cash |
| Balance Transfer Promo | 10.75%, 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
