Certificate of Deposit-CD

Certificates of Deposits with Frankenmuth Credit Union are a great way to watch your money grow. Looking for a safe place for your IRA money? A majority of our CDs can also be IRAs.

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. A CD pays you a premium rate because you are promising to keep your funds in this account for a pre-set amount of time. When you have a CD your investment is also federally insured up to $250,000, you are guaranteed a certain return up front and will never lose your initial deposit. Frankenmuth Credit Union has CDs from 3 months to 5 years and everywhere in between. Most of our CDs require a minimum of only $500 to open.

Don't have $500? Consider our Save To Win CD. Save To Win requires $25 to open, allows for deposits any time and every time you deposit in increments of $25, you earn a chance to win one of the monthly cash prizes.

CD TypeAPY*Div Rate**Min.Details
Minimum InvestmentDescription
$500 - $99,999
7 Months2.00%1.98%$500Good for funds new to FCU only
13 Months2.13%2.11%$500Good for funds already at FCU and new funds.
21 Months2.38%2.35%$500Good for funds already at FCU and new funds.
33 Months***3.00%2.96%$500Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$100,000 - $149,000
7 Months2.00%1.98%$100,000Good for funds new to FCU only
13 Months2.18%2.16%$100,000Good for funds already at FCU and new funds.
21 Months2.43%2.40%$100,000Good for funds already at FCU and new funds.
33 Months***3.05%3.01%$100,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$150,000 - $249,999
7 Months2.00%1.98%$150,000Good for funds new to FCU only
13 Months2.23%2.21%$150,000Good for funds already at FCU and new funds.
21 Months2.48%2.45%$150,000Good for funds already at FCU and new funds.
33 Months***3.10%3.06%$150,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$250,000 - and up
7 Months2.00%1.98%$250,000Good for funds new to FCU only
13 Months2.28%2.26%$250,000Good for funds already at FCU and new funds.
21 Months2.53%2.50%$250,000Good for funds already at FCU and new funds.
33 Months***3.16%3.11%$250,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
Youth County Fair Livestock Auction CD
7 Months3.00%2.96%Only for youth who sold livestock during county fairs.
Must bring in check from livestock sale. Must be money new to FCU.
*APY = Annual Percentage Yield. Contact us for more information. 7 month Cd for new to FCU money only. **Require $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. ***33 month CD new to FCU money only and must be opened in person at the following branch locations only: Owosso, West Branch Meijer, Tittabawassee Meijer, Gratiot Meijer, Pigeon or Harbor Beach.

Effective Date: September 29, 2022

TermAPY**Div Rate*
$500 - $99,999 Term
3 Months.55%.55%
6 Months.60%.60%
9 Months1.00%.99%
12 Months.85%.85%
18 Months.90%.90%
24 Months.95%.95%
30 Months1.05%1.04%
36 Months1.10%1.09%
36 Month Bump CD***1.10%1.09%
48 Months1.15%1.14%
60 Months1.30%1.29%
60 Month Bump CD***1.30%1.29%
$100,000 - $149,000 Term
3 Months.60%.60%
6 Months.65%.65%
9 Months1.05%1.04%
12 Months.90%.90%
18 Months.95%.95%
24 Months1.00%1.00%
30 Months1.10%1.09%
36 Months1.15%1.14%
36 Month Bump CD***1.15%1.14%
48 Months1.20%1.19%
60 Months1.35%1.34%
60 Month Bump CD***1.35%1.34%
$150,000 - $249,000 Term
3 Months.65%.65%
6 Months.70%.70%
9 Months1.10%1.09%
12 Months.95%.95%
18 Months1.00%1.00%
24 Months1.05%1.04%
30 Months1.15%1.14%
36 Months1.20%1.19%
36 Month Bump CD***1.20%1.19%
48 Months1.25%1.24%
60 Months1.40%1.39%
60 Month Bump CD***1.40%1.39%
$250,000 and up Term
3 Months.70%.70%
6 Months.75%.75%
9 Months1.15%1.14%
12 Months1.00%.99%
18 Months1.05%1.04%
24 Months1.10%1.09%
30 Months1.20%1.19%
36 Months1.25%1.24%
36 Month Bump CD***1.25%1.24%
48 Months1.30%1.29%
60 Months1.45%1.44%
60 Month Bump CD***1.45%1.44%
*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: September 29, 2022

APY= Annual Percentage Yield. Rates may change at any time. Account approval, qualifications, limits and other requirements may apply. Members will forfeit dividends if accounts closed before accrued dividends are posted. Require $500 minimum investment for a Certificate of Deposit under $100,000. Contact us for more information. Federally insured by NCUA.

On Computer, Phone, App:

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