Kasasa Cash Checking
| APY** | Div Rate | Max. | Details |
|---|---|---|---|
| Dollar Amount | Description | ||
| 3.00% | 2.95% | $15,000 | Non-qualified accounts earn .01%APY |
| 3.00% - 0.51% | 0.14% | Over $15,000 | Non-qualified accounts earn .01%APY |
*Qualifying accounts are accounts that receive e-statements, do a minimum of 15 debit card transactions and a minimum of one ACH debit/bill pay during the qualifying cycle. **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.
Effective Date: May 28, 2023
Kasasa Saver
| APY** | Div Rate | Max. | Details |
|---|---|---|---|
| Dollar Amount | Description | ||
| 3.00% | 2.96% | $50,000 | Non-qualified accounts earn .01%APY |
| 3.00% - 1.09% | 0.14% | Balances over $50,000 | Non-qualifying accounts earn .01%APY |
Qualifying accounts are accounts that receive e-statements, do a minimum of 15 debit card purchases and a minimum of one ACH debit/bill pay during the qualifying cycle. **APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information. Only members with a Kasasa Cash or Kasasa Cash Back checking can also take advantage of a Kasasa Saver savings account. When you qualify each month with your Kasasa Cash and Kasasa Cash Back you automatically qualify with your Saver account too. Members will forfeit dividends if accounts closed before accrued dividends are posted.
Effective Date: May 28, 2023
Savings Escrow, Club and Birdie Accounts
| Min. | Max. | APY** | Div Rate* |
|---|---|---|---|
| Dollar Amount | Maximum Dollar Amount | ||
| $100.00 | $9,999 | 0.02% | 0.02% |
| $10,000 | $24,999 | 0.02% | 0.02% |
| $25,000 | $99,999 | 0.02% | 0.02% |
| $100,000 | and up | 0.02% | 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: May 28, 2023
Health Savings Checking
| Investment Amount | APY** | Div Rate* |
|---|---|---|
| $0.01 - $999 | 0.15% | 0.15% |
| $1,000 - $2,499 | 0.30% | 0.30% |
| $2,500 - $9,999 | 0.30% | 0.30% |
| $10,000 and up | 0.30% | 0.30% |
**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. Our Health Savings Account features a small set-up charge and a small monthly-service charge. HSA's are designed for those members with high deductible health insurance plans. Contact our Business Department at (989)497-1600 for more information on our very attractive HSA program.
Effective Date: May 28, 2023
Wealth Builder
| Investment | APY** | Div Rate* |
|---|---|---|
| $100-$9,999 | .20% | .20% |
| $10,000-$49,999 | .16%-.20% | .15% |
| $50,000-$99,999 | .13%-.16% | .10% |
| $100,000+ | .05%-.13% | .05% |
TERMS: **APY = Annual Percentage Yield. Rates may change at any time. Advertised rate is on the first $9,999 balance for consumers. No interest will be paid on the Wealth Builder Consumer if the average daily balance is less than $100. Account approval, qualifications, limits and other requirements may apply. Members would forfeit dividends if accounts closed before accrued dividends are posted. Contact us for more information. Federally insured by NCUA.
Effective Date: May 28, 2023
All-In Savings
| Min. | APY* | Div Rate** |
|---|---|---|
| $100 | 1.00% | 0.99% |
*APY=Annual Percentage Yield. Rate effective as of 9/1/2022. Rates may change at any time. Must maintain a minimum daily balance of $100 to obtain the disclosed APY. Members will forfeit dividends if accounts closed before accrued dividends are posted. Account approval, qualifications, limits and other requirements may apply. Federally insured by NCUA. Contact us for information about fees and terms that may apply.
Effective Date: May 28, 2023
Mega Money Market
| Balance | APY** | Div Rate* |
|---|---|---|
| $10,000 - $24,999 | 1.44% | 1.43% |
| $25,000 - $49,999 | 1.54% | 1.53% |
| $50,000 - $99,999 | 1.64% | 1.63% |
| $100,000 - $499,999 | 2.50% | 2.47% |
| $500,000 - $999,999 | 2.80% | 2.76% |
| $1,000,000 and up | 3.00% | 2.96% |
*Required minimum opening balance for both Money Market Accounts is the minimum required to earn interest. Limited to four withdrawals per month of $500 or more. All deposits must be over $100. **APY = Annual Percentage Yield. Members will forfeit dividends if account is closed before accrued dividends are posted. Contact us for more information.
Effective Date: May 28, 2023
Money Market Accounts
| Balance | APY** | Div Rate* |
|---|---|---|
| $1,000 - $9,999 | 0.10% | 0.10% |
| $10,000 - $24,999 | 0.10% | 0.10% |
| $25,000 - $99,999 | 0.10% | 0.10% |
| $100,000 & Up | 0.10% | 0.10% |
*Required minimum opening balance for both Money Market Accounts is the minimum required to earn interest. Limited to four withdrawals per month of $500 or more. All deposits must be over $100. **APY = Annual Percentage Yield. Members will forfeit dividends if account is closed before accrued dividends are posted. Contact us for more information.
Effective Date: May 28, 2023
Systematic Savings
| Description | APY** | Div Rate* |
|---|---|---|
| Systematic Savings | 0.25% | 0.25% |
| Systematic Traditional IRA | 0.40% | 0.40% |
| Systematic Roth IRA | 0.40% | 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. To earn the advertised APY, must have at least $50 balance for Systematic and Systematic IRA. Youth Systematic requires a $10 minimum to earn advertised APY. Contact us for more information.
Effective Date: May 28, 2023
Growth Savings
| Description | APY** | Rate* | Min. Balance |
|---|---|---|---|
| Minimum Balance | |||
| I Growth Savings | 0.05% | 0.05% | $5,000 min. balance |
| II Growth Savings | 0.05% | 0.05% | $25,000 min. balance Requires open checking or credit card with FCU |
| III Growth Savings | 0.05% | 0.05% | $50,000 min. Requires open checking and credit card with FCU |
| IV Growth Savings | 0.05% | 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
Youth Savings
| Description | APY* | Div. Rate |
|---|---|---|
| Promise to Save | .02% | .02% |
| Matching CASH BONUS after 12 months of saving!** | ||
*APY=Annual Percentage Yield. **Members can choose to deposit extra funds at any time. In order to qualify for the Bonus Payment, the balance remaining on deposit must not drop below the Bonus Payment Amount times the number of months the account has been opened, rounded to the next highest whole number (the “Minimum Secured Balance”). If the conditions are met FCU will pay the account owner a one-time Bonus Payment in the amount selected by the owner within 30 days of the first anniversary date of account-opening. Only one My Promise to Save account my be opened in any 12-month period and only one account per main owners’ social security number.
This is a variable rate and the dividend rate and Annual Percentage Yield may change every quarter. Speak with an FCU Rep for full disclosure information.
This is a variable rate and the dividend rate and Annual Percentage Yield may change every quarter. Speak with an FCU Rep for full disclosure information.
Effective Date: May 28, 2023
Plus Savings
| APY** | Div Rate* | Min. Amount | Max. Amount |
|---|---|---|---|
| Minimum Dollar Amount | Maximum Dollar Amount | ||
| 3.25% | 3.20% | $500 | $9,999 |
| 3.50% | 3.44% | $10,000 | $24,999 |
| 3.75% | 3.69% | $25,000 | $99,999 |
| 4.00% | 3.93% | $100,000 | and up |
**APY=Annual Percentage Yield. Rates may change at any time. Members will forfeit dividends if accounts closed before accrued dividends are posted. $500 minimum balance must be maintained in order to earn dividends. Contact us for more information.
Effective Date: May 28, 2023
Traditional Roth IRA and Coverdell ESA
| Investment | APY** | Div Rate* |
|---|---|---|
| $0 - $9,999 | 0.10% | 0.10% |
| $10,000 - $24,999 | 0.20% | 0.20% |
| $25,000 - $99,999 | 0.20% | 0.20% |
| $100,000 & Up | 0.20% | 0.20% |
**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. Fees may reduce earnings on these accounts. If you are looking for more IRA investment options, check out our Certificates of Deposit rates. IRAs can take advantage of these great rates also.
Effective Date: May 28, 2023
Featured CD-Certificate of Deposit
| CD Type | APY* | Div Rate** | Min. | Details |
|---|---|---|---|---|
| Minimum Investment | Description | |||
| $500 - $99,999 | ||||
| 7 Months | 3.30% | 3.25% | $500 | Good for funds new to FCU only |
| 13 Months | 3.43% | 3.38% | $500 | Good for funds already at FCU and new funds. |
| 19 Month Bump** | 4.15% | 4.07% | $500 | Good for funds new to FCU only. |
| 21 Months | 4.00% | 3.93% | $500 | Good for funds already at FCU and new funds. |
| 33 Months*** | 3.81% | 3.74% | $500 | Good for funds new to FCU only, CD must be opened in person at branches listed below. |
| $100,000 - $149,000 | ||||
| 7 Months | 3.60% | 3.54% | $100,000 | Good for funds new to FCU only |
| 13 Months | 3.48% | 3.43% | $100,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump** | 4.20% | 4.12% | $100,000 | Good for funds new to FCU only |
| 21 Months | 4.25% | 4.17% | $100,000 | Good for funds already at FCU and new funds. |
| 33 Months*** | 3.85% | 3.78% | $100,000 | Good for funds new to FCU only, CD must be opened in person at branches listed below. |
| $150,000 - $249,999 | ||||
| 7 Months | 3.90% | 3.83% | $150,000 | Good for funds new to FCU only |
| 13 Months | 3.53% | 3.47% | $150,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump** | 4.25% | 4.17% | $150,000 | Good for funds new to FCU only |
| 21 Months | 4.61% | 4.51% | $150,000 | Good for funds already at FCU and new funds. |
| 33 Months*** | 3.90% | 3.83% | $150,000 | Good for funds new to FCU only, CD must be opened in person at branches listed below. |
| $250,000 - and up | ||||
| 7 Months | 4.20% | 4.12% | $250,000 | Good for funds new to FCU only |
| 13 Months | 3.58% | 3.52% | $250,000 | Good for funds already at FCU and new funds. |
| 19 Month Bump** | 4.30% | 4.22% | $250,000 | Good for funds new to FCU only |
| 21 Months | 5.00% | 4.89% | $250,000 | Good for funds already at FCU and new funds. |
| 33 Months*** | 3.95% | 3.88% | $250,000 | Good 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
CD-Certificate of Deposit
| Term | APY** | Div Rate* |
|---|---|---|
| $500 - $99,999 Term | ||
| 3 Months | 1.30% | 1.29% |
| 6 Months | 1.35% | 1.34% |
| 9 Months | 1.75% | 1.74% |
| 12 Months | 1.60% | 1.59% |
| 18 Months | 1.65% | 1.64% |
| 24 Months | 1.70% | 1.69% |
| 30 Months | 1.80% | 1.78% |
| 36 Months | 1.85% | 1.83% |
| 36 Month Bump*** | 1.85% | 1.83% |
| 48 Months | 1.90% | 1.88% |
| 60 Months | 2.03% | 2.03% |
| 60 Month Bump*** | 2.03% | 2.03% |
| $100,000 - $149,000 Term | ||
| 3 Months | 1.35% | 1.34% |
| 6 Months | 1.40% | 1.39% |
| 9 Months | 1.81% | 1.79% |
| 12 Months | 1.65% | 1.64% |
| 18 Months | 1.70% | 1.69% |
| 24 Months | 1.75% | 1.74% |
| 30 Months | 1.85% | 1.83% |
| 36 Months | 1.90% | 1.90% |
| 36 Month Bump*** | 1.90% | 1.90% |
| 48 Months | 1.95% | 1.93% |
| 60 Months | 2.10% | 2.08% |
| 60 Month Bump*** | 2.10% | 2.08% |
| $150,000 - $249,000 Term | ||
| 3 Months | 1.40% | 1.39% |
| 6 Months | 1.45% | 1.44% |
| 9 Months | 1.85% | 1.83% |
| 12 Months | 1.70% | 1.69% |
| 18 Months | 1.75% | 1.74% |
| 24 Months | 1.81% | 1.79% |
| 30 Months | 1.90% | 1.88% |
| 36 Months | 1.95% | 1.93% |
| 36 Month Bump*** | 1.95% | 1.93% |
| 48 Months | 2.00% | 1.98% |
| 60 Months | 2.15% | 2.13% |
| 60 Month Bump*** | 2.15% | 2.13% |
| $250,000 and up Term | ||
| 3 Months | 1.45% | 1.44% |
| 6 Months | 1.50% | 1.49% |
| 9 Months | 1.90% | 1.88% |
| 12 Months | 1.75% | 1.74% |
| 18 Months | 1.81% | 1.79% |
| 24 Months | 1.85% | 1.83% |
| 30 Months | 1.95% | 1.93% |
| 36 Months | 2.00% | 1.98% |
| 36 Month Bump*** | 2.00% | 1.98% |
| 48 Months | 2.05% | 2.03% |
| 60 Months | 2.20% | 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
Save to Win
| APY** | Div Rate* | Min. | ||
|---|---|---|---|---|
| Minimum Dollar Amount | ||||
| Save To Win CD | 1.55% | 1.54% | $25 to open | 12 Month CD Can Add Funds At Anytime Cannot withdraw until 12 months after date of opening |
| Save To Win Savings Account | 1.05% | 1.05% | $25 to open | Liquid Savings Account Can Add Funds At Anytime Can Withdraw Funds At Anytime |
*APY=Annual Percentage Yield. Save to Win CD: Rates may change at any time. Penalty for early withdrawals or closings. Members will forfeit dividends if accounts closed before accrued dividends are posted. Withdrawal Charges: if the CD balance is (1) under $25,000, the fee for one-time withdrawal is $50. and/or if the balance is (2) $25,000 or higher, the fee is $100. Save To Win Savings account: Rates may change at any time. Members will forfeit dividends if accounts closed before accrued dividends are posted. Federally insured by NCUA. Contact us for more information.
Effective Date: May 28, 2023
Be Happy Consumer Loan
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | Repayment Option | |
| Be Happy Loan | 10.93% | 8.59% | 12 month |
| Be Happy Loan | 10.83% | 9.59% | 24 months |
*APR=Annual Percentage Rate. APR based on sample loan amount of $10,000, payable over the term listed above. Must meet FCU's normal underwriting qualifications for approval. A loan application fee applies and is included in the APR calculation. Rates may change at any time. Contact us for more details. 1/2% lower if fully secured. **First payment can be made up to 90 days out-interest will accrue. Be Happy Loan applies to new loan money only..
Effective Date: May 28, 2023
Auto Loan
| Type | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | months | |
| 2020 or newer | 6.41% | 6.24% | 75 |
| 2019-2017 | 6.43% | 6.24% | 63 |
| 2016-2014 | 6.48% | 6.24% | 51 |
| 2013 and older | 6.55% | 6.24% | 39 |
| Antique Auto | 8.19% | 7.99% | 63 |
| Driving Sense-Lease Look Alike | 7.44% | 6.24% | up to 72 |
| Auto Loan Special*** | 5.48% | 4.99% | 24 |
*APR=Annual Percentage Rate. APR based on sample loan amount of $25,000, payable over the term listed above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. Rates differ for members less than 90 days. A loan application fee applies and is included in the APR calculation with the exception of the 24 Month Auto Loan Special. Must meet FCU's normal underwriting qualifications for approval. Rates for members residing outside of the state of Michigan will have 1% added to the advertised rate for collateralized loans. Rates may change at any time. ***24 Month AUTO LOAN SPECIAL applies to 2016 or newer, $125 loan app fee, new to FCU money only. **Rate is the annual rate of interest applied to the outstanding loan balance. 90 day offer is only good on new money financed with FCU, does not apply for refinances already with FCU. Contact us for more details. Interest will continue to accrue if no payment is made. Extended repayment options may be available, please contact FCU for more information.
Effective Date: May 28, 2023
Driver’s Sense-Lease Look Alike
| Driving Sense | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | ||
| Model 5 Years Old & Newer Qualify | 7.44% | 6.24% | up to 72 months |
*APR=Annual Percentage Rate. APR based on sample loan amount of $25,000, payable in the number of months shown above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. A loan application fee applies and is included in the APR calculation. Rates differ for members less than 90 days. Must meet FCU's normal underwriting qualifications for approval. Rates for members residing outside of the state of Michigan will have 1% added to the advertised rate for collateralized loans. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. Contact us for more details.
Effective Date: May 28, 2023
Recreational Vehicle
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | ||
| ATV, Snowmobile, Lawn & Garden, Jet Ski or Trailer | 7.39% | 7.24% | Contact Us |
| RV, Boat, Travel Trailer or Plane | 7.39% | 7.24% | Contact Us |
*APR=Annual Percentage Rate. APR based on sample loan amount of $25,000, payable in the number of months shown above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. Must meet FCU's normal underwriting qualifications for approval. A loan application fee applies and is included in the APR calculation. Rates for members residing outside of the state of Michigan will have 1% added to the advertised rate for collateralized loans. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. 90 day no pay offer is only good on new money financed with FCU, does not apply for refinances already with FCU. Interest will continue to accrue if no payment is made. Rates may vary depending on credit score and length of membership with FCU. Contact us for more details.
Effective Date: May 28, 2023
Motorcycle
| Type | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | months | |
| 2020 or newer | 6.41% | 6.24% | 75 |
| 2019-2017 | 6.43% | 6.24% | 63 |
| 2016-2014 | 6.48% | 6.24% | 51 |
| 2013 and older | 6.55% | 6.24% | 39 |
*APR=Annual Percentage Rate. APR based on sample loan amount of $25,000, payable over the term listed above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. A loan application fee applies and is included in the APR calculation. Rates differ for members less than 90 days. Must meet FCU's normal underwriting qualifications for approval. Rates for members residing outside of the state of Michigan will have 1% added to the advertised rate for collateralized loans. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. 90 day offer is only good on new money financed with FCU, does not apply for refinances already with FCU.
Effective Date: May 28, 2023
Fully Secured Retailer Direct
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | ||
| Fully Secured Retailer Direct | 7.42% | 6.59% | 36 months |
| Fully Secured Retailer Direct | 7.63% | 6.99% | 48 months |
| Fully Secured Retailer Direct | 8.51% | 7.99% | 60 months |
*APR=Annual Percentage Rate. APR based on sample loan amount of $10,000, payable in the number of months shown above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. A loan application fee applies and is included in the APR calculation. Rates may differ for members less than 90 days. Must meet FCU's normal underwriting qualifications for approval. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. Contact us for more details.
Effective Date: May 28, 2023
Share Pledge Loan
Effective Date: May 28, 2023
Signature Loans
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | Repayment Option | |
| Personal Signature Loan | 10.03% | 9.24% | 39 Months |
| Gold LOC (Line of Credit) | 12.25% | Prime + 4% (variable rate) | Monthly payment figured on the balance. |
| Home Improvement Loans | |||
| Unsecured Home Improvement Loan | 9.64% | 8.99% | 48 Months Contact Us |
| Secured Home Improvement Loan | 8.63% | 7.99% | 48 Months Contact Us |
*APR=Annual Percentage Rate. APR based on sample loan amount of $10,000, payable in the number of months shown above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. A loan application fee applies and is included in the APR calculation. Rates may differ for members less than 90 days. Must meet FCU's normal underwriting qualifications for approval. Rates for members residing outside of the state of Michigan will have 1% added to the advertised rate for collateralized loans. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. 90 day offer is only good on new money financed with FCU, does not apply for refinances already with FCU. Contact us for more details
Effective Date: May 28, 2023
Consumer MasterCard Credit Cards
| MasterCard | APR* | Benefits |
|---|---|---|
| as low as | ||
| Diamond CashBack | 10%** | Earn 2% cash back on all purchases |
| Simply Platinum | 7.99% | Earn points towards rewards. |
| Gold Home Equity | 7.90% | Less than 80% Loan to Value |
| Gold Home Equity | 8.90% | Greater than 80% Loan to Value |
| Prime Gold Home Equity | 8.25%, Rate tied to Prime*** | Less than 80% Loan to Value |
| Prime Plus Gold Home Equity | 9.00%, Rate tied to Prime + .75%*** | Greater than 80% Loan to Value |
*APR=Annual Percentage Rate. Rates may change at any time. Must meet FCU's normal underwriting qualifications to be approved. Contact FCU for more information. *Offer may end at any time and must meet FCU normal underwriting guidelines to qualify. Those with a credit score of 550 or higher with accounts in good standing at FCU may qualify for the 4.9%APR offer for the life of the balance transfer amount. For those with a credit score of 549 or less, maybe qualify for a rate of 10.9%APR for the life of the balance transfer amount.
Brand new Simply Platinum or Diamond Mastercard Credit Card will receive the promotion rate of 4.9%APR for credit scores 550 or higher or 10.9%APR for credit scores 549 or lower on brand-new purchases for 12 months.
**Diamond Mastercard earns 2.0% cash back on all purchases and 550 or higher credit score to qualify for 10%APR. 549 or lower credit score to qualify for 17%APR. No annual fee.
***Loan rates and approval subject to credit score and analysis. Equal opportunity lender. For HELOC no fees charged up front and fees are disclosed at time of application. As part of the closing procedures Frankenmuth Credit Union will acquire a security interest in the property. Draws are allowed for 20 years or as long as the account remains open and member is in good standing. Payment in calculated on 1% of the balance or $25, whichever is greater. HELOC rates are variable and based on the current index margin; rate floor is 4.00%APR and will not exceed 25%APR.
Brand new Simply Platinum or Diamond Mastercard Credit Card will receive the promotion rate of 4.9%APR for credit scores 550 or higher or 10.9%APR for credit scores 549 or lower on brand-new purchases for 12 months.
**Diamond Mastercard earns 2.0% cash back on all purchases and 550 or higher credit score to qualify for 10%APR. 549 or lower credit score to qualify for 17%APR. No annual fee.
***Loan rates and approval subject to credit score and analysis. Equal opportunity lender. For HELOC no fees charged up front and fees are disclosed at time of application. As part of the closing procedures Frankenmuth Credit Union will acquire a security interest in the property. Draws are allowed for 20 years or as long as the account remains open and member is in good standing. Payment in calculated on 1% of the balance or $25, whichever is greater. HELOC rates are variable and based on the current index margin; rate floor is 4.00%APR and will not exceed 25%APR.
Effective Date: May 28, 2023
Business Platinum MasterCard
| MasterCard | APR* | Benefits |
|---|---|---|
| as low as | ||
| Business Platinum | 13.25%, Rate tied to Prime + 5.00% | Earn points on each purchase for travel, merchandise or cash |
| Balance Transfer Promo | 11.25%, Rate tied to Prime + 3.00% | Special Rate for debt transferred from accounts outside FCU |
*APR=Annual Percentage Rate. Rate: Prime + 5.00% not to go below a floor of 8.00%APR. Balance Transfer Promotion Rate: Prime + 3.00%. Debt must be from outside FCU. Rates may change at any time. Must meet FCU's normal underwriting qualifications to be approved. Contact FCU for more information.
Effective Date: May 28, 2023
Mortgage Loans
| Description | APR* |
|---|---|
| as low as | |
| 10 Year Fixed† | 6.875% |
| 15 Year Fixed† | 6.875% |
| 20 Year Fixed† | 7.000% |
| 30 Year Fixed† | 6.625% |
| Rural Development | 6.875% |
| 5 Year Balloon Construction Loan | Contact Us |
| 10 Year Construction Loan | 7.125% |
| 15 Year Construction Loan | 7.250% |
| 20 Year Construction Loan | 7.375% |
| 30 Year Construction Loan | 7.500% |
| 5 Yr. Balloon | 7.000% |
| 10 Yr. Balloon | 7.100% |
*APR=Annual Percentage Rate. Contact us for more information. A loan application fee applies and is included in the APR calculation. FCU Mortgage rates are subject to change at anytime. To get a specific rate, for your individual situation, please contact our Mortgage Department at 989.497.1600.
†Rates are based on a $150,000 loan amount. Rates and fees may vary based on market conditions and are subject to change at any time. Rates are based on a 30 day lock.
†Rates are based on a $150,000 loan amount. Rates and fees may vary based on market conditions and are subject to change at any time. Rates are based on a 30 day lock.
Effective Date: May 28, 2023
Home Equity
| Description | APR* |
|---|---|
| as low as | |
| Closed End Home Equity Max Term 15 yrs or 30 yr amortization with 15 year balloon | 7.50% |
| Prime Gold Home Equity equal to or less than 80% LTV, Prime 4.00% floor of 4.00% | 8.25% Rate tied to Prime |
| Prime Plus Gold Home Equity greater than 80% LTV, Prime 4.00%, floor of 4.00% | 9.00% Rate tied to Prime + .75% |
| MasterCard Gold Home Equity equal to or less than 80% LTV | 7.90% |
| MasterCard Gold Home Equity greater than 80% LTV | 8.90% |
*APR=Annual Percentage Rate. Rates may change at any time. Must meet FCU's normal underwriting qualifications to be approve. Contact FCU for more information. Loan rates and approval subject to credit score and analysis. A loan application fee applies and is included in the APR calculation for closed-end home equity loans. Equal opportunity lender. For HELOC no fees charged up front and fees are disclosed at time of application. As part of the closing procedures Frankenmuth Credit Union will acquire a security interest in the property. Draws are allowed for 20 years or as long as the account remains open and member is in good standing. Payment in calculated on 1% of the balance or $25, whichever is greater. HELOC rates are variable and based on the current index margin; rate floor is 4.00%APR and will not exceed 25%APR.
Effective Date: May 28, 2023
Education Line of Credit
| Description | APR* | Max. $ Amount |
|---|---|---|
| as low as | Maximum Dollar Amount | |
| Education Line of Credit | 8.99% | $50,000 Max. Line |
Payment calculated at 1% of balance or $100, whichever is greater. *APR=Annual Percentage Rate. Rates may change at any time. Must meet FCU's normal underwriting qualifications to be approve. Contact FCU for more information.
Effective Date: May 28, 2023
Post Deferment Student Loan Refinance
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | Term in Years | |
| Post Deferment Student Loan Refinance | 8.10% | 7.99% | 10 yrs to repay |
*APR=Annual Percentage Rate. APR based on sample loan amount of $25,000, payable in the number of months shown above. Actual APR may be higher or lower, depending on amount borrowed, length of repayment and credit score. A loan application fee applies and is included in the APR calculation. Rates differ for members less than 90 days. Must meet FCU's normal underwriting qualifications for approval. Rates may change at any time. **Rate is the annual rate of interest applied to the outstanding loan balance. Contact us for more details
Effective Date: May 28, 2023
Business Platinum MasterCard
| MasterCard | APR* | Benefits |
|---|---|---|
| as low as | ||
| Business Platinum | 13.25%, Rate tied to Prime + 5.00% | Earn points on each purchase for travel, merchandise or cash |
| Balance Transfer Promo | 11.25%, Rate tied to Prime + 3.00% | Special Rate for debt transferred from accounts outside FCU |
*APR=Annual Percentage Rate. Rate: Prime + 5.00% not to go below a floor of 8.00%APR. Balance Transfer Promotion Rate: Prime + 3.00%. Debt must be from outside FCU. Rates may change at any time. Must meet FCU's normal underwriting qualifications to be approved. Contact FCU for more information.
Effective Date: May 28, 2023
Business Boost Loan
| Description | Rate** | Term |
|---|---|---|
| as low as | Repayment Option | |
| Business Boost Loan | 6.05% APR* | 60 month |
*APR=Annual Percentage Rate. Must meet FCU's normal underwriting qualifications for approval. A loan application fee applies and is included in the APR calculation. Rates may change at any time. Interest rate is determined based on risk. Offer may end at any time.
Effective Date: May 28, 2023
Business Checking
| Description | APY** | Div Rate* | Balance |
|---|---|---|---|
| Minimum balance to earn interest | |||
| 2 Star Plus Checking | 0.03% | 0.03% | $250 min. |
| 3 Star Plus Checking | 0.05% | 0.05% | $500 min. |
| 4 Star Plus Checking | 0.10% | 0.10% | $1000 min. |
| 5 Star Plus Checking | 0.30% | 0.30% | $20,000 min. |
**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. Fees may reduce earnings on these accounts.
Effective Date: May 28, 2023
Business CDs
| Term | APY** | Div Rate* | Min. | Details |
|---|---|---|---|---|
| Minimum Investment | Description | |||
| 7 | 3.30% | 3.25% | $500 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 3.60% | 3.54% | $100,000 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 3.90% | 3.83% | $150,000 | Must be funds new to FCU. Only business accounts qualify. |
| 7 | 4.20% | 4.12% | $250,000 | Must be funds new to FCU. Only business accounts qualify. |
*This CD is for Business Accounts Only. Must be new money to FCU. 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. Birthday cards do not qualify to take advantage of CD specials, which include odd termed CD offers under the CD SPECIALS title.
Effective Date: May 28, 2023
All-In Savings Business
| Min. | APY* | Div Rate** |
|---|---|---|
| $100 | 1.00% | 0.99% |
*APY=Annual Percentage Yield. Rate effective as of 9/1/2022. Rates may change at any time. Must maintain a minimum daily balance of $100 to obtain the disclosed APY. Members will forfeit dividends if accounts closed before accrued dividends are posted. Account approval, qualifications, limits and other requirements may apply. Federally insured by NCUA. Contact us for information about fees and terms that may apply.
Effective Date: May 28, 2023
Business Wealth Builder
| Investment | APY** | Div Rate* |
|---|---|---|
| $1,000-$99,999 | .20% | .20% |
| $100,000-$149,999 | .18%-.20% | .15% |
| $150,000-$249,999 | .15%-.18% | .10% |
| $250,000+ | .05%-.15% | .05% |
TERMS: **APY = Annual Percentage Yield. Rates may change at any time. Advertised rate is on the first $249,999 in balances for businesses. No interest will be paid on the Business Wealth Builder if the average daily balance is less than $1,000. Account approval, qualifications, limits and other requirements may apply. Members will forfeit dividends if accounts closed before accrued dividends are posted. Contact us for more information. Federally insured by NCUA.
Effective Date: May 28, 2023
Business Savings
| Dividend Tiers | APY** | Div Rate* |
|---|---|---|
| $5 - $9,999 | 0.10% | 0.10% |
| $10,000 - $24,999 | 0.10% | 0.10% |
| $25,000 - $99,999 | 0.10% | 0.10% |
| $100,000 & Up | 0.10% | 0.10% |
**APY=Annual Percentage Yield. Rates may change at any time. Contact us for more information. FCU offers special savings rates for our members that take advantage of our excellent business programs. Contact our business department for more information. Members will forfeit dividends if accounts closed before accrued dividends are posted.
Effective Date: May 28, 2023