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 SPECIALS

21 Month CD
APY* $250K+

5.00%

19 Month CD
APY* New Funds

4.15%

13 Month CD
APY*

3.43%

7 Month CD
APY* New Funds

3.30%

CD TypeAPY*Div Rate**Min.Details
Minimum InvestmentDescription
$500 - $99,999
7 Months3.30%3.25%$500Good for funds new to FCU only
13 Months3.43%3.38%$500Good for funds already at FCU and new funds.
19 Month Bump**4.15%4.07%$500Good for funds new to FCU only.
21 Months4.00%3.93%$500Good for funds already at FCU and new funds.
33 Months***3.81%3.74%$500Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$100,000 - $149,000
7 Months3.60%3.54%$100,000Good for funds new to FCU only
13 Months3.48%3.43%$100,000Good for funds already at FCU and new funds.
19 Month Bump**4.20%4.12%$100,000Good for funds new to FCU only
21 Months4.25%4.17%$100,000Good for funds already at FCU and new funds.
33 Months***3.85%3.78%$100,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$150,000 - $249,999
7 Months3.90%3.83%$150,000Good for funds new to FCU only
13 Months3.53%3.47%$150,000Good for funds already at FCU and new funds.
19 Month Bump**4.25%4.17%$150,000Good for funds new to FCU only
21 Months4.61%4.51%$150,000Good for funds already at FCU and new funds.
33 Months***3.90%3.83%$150,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$250,000 - and up
7 Months4.20%4.12%$250,000Good for funds new to FCU only
13 Months3.58%3.52%$250,000Good for funds already at FCU and new funds.
19 Month Bump**4.30%4.22%$250,000Good for funds new to FCU only
21 Months5.00%4.89%$250,000Good for funds already at FCU and new funds.
33 Months***3.95%3.88%$250,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
*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. ***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.7 Month CD and 19 Month Bump CD for new to FCU money only.

Effective Date: May 28, 2023


TermAPY**Div Rate*
$500 - $99,999 Term
3 Months1.30%1.29%
6 Months1.35%1.34%
9 Months1.75%1.74%
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 Months1.81%1.79%
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 Months1.85%1.83%
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 Months1.90%1.88%
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: May 28, 2023

*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. **APY = Annual Percentage Yield. Contact us for more information. VIP=Value In Participation: VIP Gold or Platinum members get 1/4% monthly interest bonus on CD’s and 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. For 36 mon & 60 Mon Bump: it can be done once anytime during the life of the CD to FCU’s current rates. Will auto renew as a non-bump CD. 7 Month CD Special is for New-to-FCU money only. Federally insured by NCUA.

On Computer, Phone, App:

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

 

For CD Specials and NEW Money Only CDs

  • Call or text 989.497.1600 -OR-
  • Ask an FCU representative the next time you stop by a branch
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