8 Month CD Special

8-Month CD Special-For a limited time only! Get an 8 Month CD and get 4.25% APY*. Do you have inflation expectations? Looking for a way to save and earn interest at a great rate? Open an 8-Month CD and start earning 4.25% APY*.  8-Month CD Special requires minimum of $500 to open.

Whether you are saving for retirement, a rainy day or for that something special you have had your eye on - a Certificate of Deposit (CD) with Frankenmuth Credit Union is a great option. Our 8 Month CD Special pays you a premium rate of 4.25% APY* because you are promising to keep your funds in this account for only 8 months. And, you can get a 1/4% better rate when you are a Platinum or Gold VIP-Value in Participation-member. When you have a CD your investment is also federally insured up to $250,000. Our CD Special requires a minimum of only $500 to open. Contact us today or visit a branch location to get started.

CD SPECIALS

APY* New Funds

4.25%

APY* $250k min.

5.00%

APY*** Bump CD

4.45%

APY* $250K min.

5.00%

CD TypeAPY**Div Rate*Min.Details
Minimum InvestmentDescription
$500 - $99,999
8 Months4.25%4.17%$500Good for funds already at FCU and new funds.
19 Month Bump***4.45%4.36%$500Good for funds new to FCU only.
21 Months3.95%3.88%$500Good for funds already at FCU and new funds.
$100,000 - $149,000
8 Months4.50%4.41%$100,000Good for funds already at FCU and new funds.
19 Month Bump***4.70%4.60%$100,000Good for funds new to FCU only
21 Months4.20%4.12%$100,000Good for funds already at FCU and new funds.
$150,000 - $249,999
8 Months4.75%4.65%$150,000Good for funds already at FCU and new funds.
19 Month Bump***4.70%4.60%$150,000Good for funds new to FCU only
21 Months4.45%4.36%$150,000Good for funds already at FCU and new funds.
$250,000 - and up
8 Months5.00%4.89%$250,000Good for funds already at FCU and new funds.
19 Month Bump***5.00%4.89%$250,000Good for funds new to FCU only
21 Months5.00%4.89%$250,000Good for funds already at FCU and new funds.
Livestock Fair CD
7 Months5.25%5.13%$500****Only for youth who sold livestock during county fairs. See disclosure for details.
**APY = Annual Percentage Yield. Contact us for more information. Requires $500 minimum investment for a Certificate of Deposit. Rates may differ depending on the amount investing. Members will forfeit dividends if accounts closed before accrued dividends are posted. Substantial penalty for early withdrawals. Rates subject to change. Investment fully insured under the NCUA guidelines. Penalty for early withdrawal. VIP=Value In Participation: VIP Gold or Platinum members get 1/4% monthly interest bonus on CD's & certain loans that have taken out since Sept. 2003. Birthday cards do not qualify to take advantage of CD specials, which include odd termed CD offers under the CD SPECIALS title. ***19 Month Bump CD Rate can be changed once any time during the term of the CD to FCU’s current rate. Will auto renew as a non-bump cd. 19 Month Bump CD for new to FCU money only. ****Only for youth who sold livestock during county fairs in 2024. Must be new to FCU money with check coming from: Saginaw County Fair, Treasurer of Genesee County Fair, Marlette Livestock, Tuscola Small Livestock, United Producers, Huron Fair Board, Bay County Fair & Youth Expo, MSU, or Ogemaw County Fair. If livestock check is not $500 or more, personal funds may be added to bring the CD amount to $500, as long as the entire livestock check is used.

Effective Date: July 20, 2024


TermAPY**Div Rate*
$500 - $99,999 Term
3 Months1.30%1.29%
6 Months1.35%1.34%
9 Months1.50%1.49%
12 Months1.60%1.59%
18 Months1.65%1.64%
24 Months1.70%1.69%
30 Months1.80%1.78%
36 Months1.85%1.83%
36 Month Bump***1.85%1.83%
48 Months1.90%1.88%
60 Months2.03%2.03%
60 Month Bump***2.03%2.03%
$100,000 - $149,000 Term
3 Months1.35%1.34%
6 Months1.40%1.39%
9 Months1.55%1.54%
12 Months1.65%1.64%
18 Months1.70%1.69%
24 Months1.75%1.74%
30 Months1.85%1.83%
36 Months1.90%1.90%
36 Month Bump***1.90%1.90%
48 Months1.95%1.93%
60 Months2.10%2.08%
60 Month Bump***2.10%2.08%
$150,000 - $249,000 Term
3 Months1.40%1.39%
6 Months1.45%1.44%
9 Months1.60%1.59%
12 Months1.70%1.69%
18 Months1.75%1.74%
24 Months1.81%1.79%
30 Months1.90%1.88%
36 Months1.95%1.93%
36 Month Bump***1.95%1.93%
48 Months2.00%1.98%
60 Months2.15%2.13%
60 Month Bump***2.15%2.13%
$250,000 and up Term
3 Months1.45%1.44%
6 Months1.50%1.49%
9 Months1.65%1.64%
12 Months1.75%1.74%
18 Months1.81%1.79%
24 Months1.85%1.83%
30 Months1.95%1.93%
36 Months2.00%1.98%
36 Month Bump***2.00%1.98%
48 Months2.05%2.03%
60 Months2.20%2.18%
60 Month Bump***2.20%2.18%
*Require $500 minimum investment for a Certificate of Deposit under $100,000. Rates subject to change. Investment fully insured under the NCUA guidelines. Penalty for early withdrawal or closing. **APY = Annual Percentage Yield. Members would forfeit dividends if accounts closed before accrued dividends are posted. Contact us for more information. ***Bump CD's have option to change rate to current rate once per CD term.

Effective Date: July 20, 2024

*APY = Annual Percentage Yield. Contact us for more information. Requires $500 minimum investment for a Certificate of Deposit. Rates may differ depending on the amount investing. Members will forfeit dividends if accounts closed before accrued dividends are posted. Substantial penalty for early withdrawals. Rates subject to change. Investment fully insured under the NCUA guidelines. Penalty for early withdrawal. VIP=Value In Participation: VIP Gold or Platinum members get 1/4% monthly interest bonus on CD’s & certain loans that have taken out since Sept. 2003. Birthday cards do not qualify to take advantage of CD specials, which include odd termed CD offers under the CD SPECIALS title. ***19 Month Bump CD Rate can be changed once any time during the term of the CD to FCU’s current rate. Will auto renew as a non-bump cd. 19 Month Bump CD for new to FCU money only.

On Computer, Phone, App:

  • Login to Online Banking
  • Choose Purchase New Certificate
  • Click More Info
  • Select CD Type
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