Youth Savers Club

Starting a savings plan and teaching children savvy financial practices early is an important piece a child needs as they develop. With our Youth Savers Account it makes it fun and encourages children to save. Contact FCU to open a Youth Account today!

Start teaching financial responsibility and make saving fun for children 12 and under. Minimum opening balance of $5.

With every $10 deposit, your child will receive a stamp on their savings passport. After 10 stamps they will get to dive into our Treasure Chest of prizes.

Youth Savers Club account holders will also receive an annual birthday card to encourage a deposit and another chance at the Treasure Chest.

Start making saving fun today!

 

Here are just a few of the savings products available to our young members.

Min.Max.APY**Div Rate*
Dollar AmountMaximum Dollar Amount
$100.00$9,9990.02%0.02%
$10,000$24,9990.02%0.02%
$25,000$99,9990.02%0.02%
$100,000and up0.02%0.02%
*Members 18 and older are asked to keep an aggregate balance of at least $100 to avoid a $5 monthly service charge. **APY=Annual Percentage Yield. Rates may change at any time. Members would forfeit dividends if accounts closed before accrued dividends are posted. Contact us for more information.

Effective Date: December 9, 2022

FCU members at any age can also enjoy the higher returns that CD’s also offer.

CD TypeAPY*Div Rate**Min.Details
Minimum InvestmentDescription
$500 - $99,999
7 Months2.30%2.28%$500Good for funds new to FCU only
13 Months2.43%2.40%$500Good for funds already at FCU and new funds.
19 Month Bump**3.16%3.11%$500Good for funds new to FCU only.
21 Months2.68%2.65%$500Good for funds already at FCU and new funds.
33 Months***3.55%3.49%$500Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$100,000 - $149,000
7 Months2.30%2.28%$100,000Good for funds new to FCU only
13 Months2.48%2.45%$100,000Good for funds already at FCU and new funds.
19 Month Bump**3.20%3.15%$100,000Good for funds new to FCU only
21 Months2.73%2.70%$100,000Good for funds already at FCU and new funds.
33 Months***3.60%3.54%$100,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$150,000 - $249,999
7 Months2.30%2.28%$150,000Good for funds new to FCU only
13 Months2.53%2.50%$150,000Good for funds already at FCU and new funds.
19 Month Bump**3.25%3.20%$150,000Good for funds new to FCU only
21 Months2.78%2.74%$150,000Good for funds already at FCU and new funds.
33 Months***3.65%3.59%$150,000Good for funds new to FCU only,
CD must be opened in person at branches listed below.
$250,000 - and up
7 Months2.30%2.28%$250,000Good for funds new to FCU only
13 Months2.58%2.55%$250,000Good for funds already at FCU and new funds.
19 Month Bump**3.30%3.25%$250,000Good for funds new to FCU only
21 Months2.83%2.79%$250,000Good for funds already at FCU and new funds.
33 Months***3.70%3.64%$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. 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: December 9, 2022

*APY=Annual Percentage Yield.. Rates may change at any time. Contact FCU for more information. For Certificates of Deposit requirement a minimum investment of $500.

No personal information from children under the age of 13 is collected from this site.

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!

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