Growth Savings Account

Our Growth Savings Accounts* are a great way to earn a premium rate of return without any deposit or withdrawal restrictions!

Introducing Our 4 New Growth Savings Accounts!

I Growth Savings

  • Earn a good rate of return for investment balances starting at $5,000.

II Growth Savings

  • Members with a checking or credit card with Frankenmuth Credit Union may take advantage of this Growth Savings Account and earn an excellent interest rate. For investment balances starting at $25,000.

III Growth Savings

  • For those starting with investment balance of $50,000 here is your chance to take advantage of a top of the market rate with no deposit or withdrawal restrictions. This rate is so good! Members will need a checking or credit card with Frankenmuth Credit Union to take advantage of this account.

IV Growth Savings

  • With this Growth Savings Account you get to take advantage of the best of both worlds. This Growth Savings requires that member to have a Premier Checking** account with FCU, which is a checking that earns an excellent rate of return also. Then, add this account to your portfolio, for the ultimate rate of return on liquid money. For investors starting at $100,000.

DescriptionAPY**Rate*Min. Balance
Minimum Balance
I Growth Savings0.05%0.05%$5,000 min. balance
II Growth Savings0.05%0.05%$25,000 min. balance
Requires open checking or credit card with FCU
III Growth Savings0.05%0.05%$50,000 min.
Requires open checking and credit card with FCU
IV Growth Savings0.05%0.05%$100,000 min. balance
Requires FCU checking, FCU credit card and appointment with FCU Investment or My Member Insurance
**APY=Annual Percentage Yield. Rates may change at any time. Members will forfeit dividends if accounts closed before accrued dividends are posted. Contact us for more information. Please contact us for more information or go to our Savings & Checking page. Each Growth Savings account stands on its own. The Growth Savings accounts are not tiered accounts and the rates do not change as balances change. Members must contact FCU and sign a new Truth-In-Savings Disclosure in order to change from one Growth Savings product to another. Growth Savings accounts may require additional services with FCU to qualify.

Effective Date: May 28, 2023

APY=Annual Percentage Yield. Rates may change at any time. Members will forfeit dividends if accounts closed before accrued dividends are posted. Please contact us for more information or go to our Savings & Checking page. Each Growth Savings account stands on its own. The Growth Savings accounts are not tiered accounts and the rates do not change as balances change. Members must contact FCU and sign a new Truth-In-Savings Disclosure in order to change from one Growth Savings product to another. Growth Savings accounts may require additional services with FCU to qualify.

*Please note, Growth Savings accounts are not tiered accounts and the rates do not change as balances change. Members must contact FCU and sign a new Truth-In-Savings Disclosure in order to change from one Growth Savings product to another.
**To qualify for a Premier Checking account direct deposit is required.

On Computer, Phone, App:

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