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Systematic Saver

Life happens, that is why it’s important that we all save for a rainy day. But when finances are tight, it’s not always easy to save. A Systematic Savings is a great way to start. With a small opening deposit you can start your own savings plan.

Looking to start saving for your retirement, save for a down payment on that dream car, or just need to save for a back-up emergency plan? A Systematic Savings account gives you the will-power to stick to a savings plan till you  reach your savings goals.

How to get started - the steps are simple:

1) Open a Systematic Savings account at any Frankenmuth Credit Union branch.

2) Set-up either a direct deposit from your paycheck or automatic transfer from your account, for an amount you are comfortable saving every time you are paid.

3) Watch your balances grow. You'll be surprised how fast it accumulates. By depositing less than $2 a day you would have $2,500 in 48 months.

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DescriptionAPY**Div Rate*
Systematic Savings0.25%0.25%
Systematic Traditional IRA0.40%0.40%
Systematic Roth IRA0.40%0.40%
***Youth Systematic Savings (members 12 & younger)0.35%0.35%
*Contact us for more information on our line of Systematic Savings products. Learn how a Systematic Savings can help even the most deficient saver start to build a savings. **APY=Annual Percentage Yield. Rates may change at any time. Members will forfeit dividends if accounts closed before accrued dividends are posted. ***All Systematic Savings, except for the Youth Systematic Savings, require a monthly minimum deposit of $25. Youth Systematic Savings requires a monthly minimum deposit of $10. Contact us for more information.

Effective Date: June 20, 2021

All Systematic Savings, except for the Youth Systematic Savings, require a monthly minimum deposit of $25. Youth Systematic Savings requires a monthly minimum deposit of $10.
*Contact us for more information on our line of Systematic Savings products. Learn how a Systematic Savings can help even the most deficient saver start to build a savings.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.

Stop by a Frankenmuth Credit Union Branch or call/text us at 989-497-1600 or use the chat icon on the right. Say ‘Hello’ and we’ll help you set up your new account. We look forward to hearing from you!