KASASA SAVER

Save more of everything.

Save money, time and energy. Free Kasasa Saver works with your Kasasa Cash or Kasasa Cash Back checking account. Every month, the rewards earned in Cash or Cash Back are transferred to Saver—where they receive big-time returns!
Kasasa

Saver links with Kasasa Cash or Cash Back Checking accounts

3.00% APY*

Earn an AMAZING 3.00%APY* on balances up to $50,000

No Strings

High earnings with no monthly service fees or minimum balance

KASASA SAVER

Save more of everything.

Save money, time and energy. Free Kasasa Saver works with your Kasasa Cash or Kasasa Cash Back checking account. Every month, the rewards earned in Cash or Cash Back are transferred to Saver—where they receive big-time returns!
BEST!
Plus+ Saver
Liquid Savings
4.00%
APY* Balance $100K and Up
Liquid Savings Account
No Hoops to Earn Interest
Highest Yield Earnings
WOW!
Kasasa Saver
Save More of Everything
3.00%
APY* on Balances Up to $50K
Links with a Kasasa Checking Account
No Monthly Service Fee
No Minimum Balance
Fee Online Banking
No Minimum Deposit to Open
SUPER!
21 Month CD
Our Best CD
5.00%
APY* $250K Min Balance
Limited Time Only
$250K Min. Balance
APY* on NEW/Current Funds
Current rates
APY* $100K & up
APY* $25K-$99K
APY* $10K-$24K
APY* $500-$9,999
APY* $250K min.

5.00%

APY* New Money

4.15%

3.43%

APY* Liquid Acct.

1.00%

Personal Savings

Never been able to save but wish you could? Don’t think you could ever save because you are barely making ends meet now? We offer many options to help you save. Plus we offer you Money Desktop a free budgeting tools to help you along the way.

Systematic Saver

Never been able to save but wish you could? A Systematic Savings or Systematic IRA Savings accounts is just for you

Birdie Account

A special savings account for members 12 and under

Money Market
A tiered savings account that offers higher rates, flexibility and liquidity.
Teen Saver

Our TLT account is for young investors ages 13 to 17 and teaches good savings habit

Escrow Account

A savings account for insurances, taxes, home improvements or any other project or expense you are going to have in the future.

Vacation Club

Save for an upcoming vacation or getaway

Introducing Growth Savings Accounts! Earn a premium rate of return without any restrictions!

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
*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 II requires a checking account or a credit card. ***Growth Savings III requires a checking account and a credit card. ****Growth Savings IV requires a checking account, a credit card and an appointment with either the investment or insurance department.
Learn how a Systematic Savings can help even the most deficient saver start to build a savings.

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. 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

Looking to make a splash with your money? Dive in to Frankenmuth Credit Union’s All-In savings account! All-In allows you to grow your savings at 1% APY, over seven times the national average, while also maintaining access to your funds at any time. Great rate, still liquid, just right for you.
(National average savings rate 0.13% as of August 15, 2022)

Min.APY*Div Rate**
$1001.00%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

Our Wealth Builder accounts are tiered accounts so they pay a high rate of return on those beginning balances. Money can be deposited or withdrawn at any time.

InvestmentAPY**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

We offer many different options for those members who are planning for their retirement. We offer the Traditional, Roth and Coverdell IRAs in both a savings account option or in any one of our high rate Certificate of Deposits products.

InvestmentAPY**Div Rate*
$0 - $9,9990.10%0.10%
$10,000 - $24,9990.20%0.20%
$25,000 - $99,9990.20%0.20%
$100,000 & Up0.20%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

Money Market accounts and Mega Money Market accounts at Frankenmuth Credit Union are tiered accounts such that the rate of return typically scales upward as your account balance grows. Both accounts allow members the flexibility of accessing their funds either online, at any one of our branches, or by check. Money deposited into either of these accounts can be withdrawn at any time as long as withdrawals are at least $500 or higher. Deposits can be made at any time also in $100 increments.

BalanceAPY**Div Rate*
$1,000 - $9,9990.10%0.10%
$10,000 - $24,9990.10%0.10%
$25,000 - $99,9990.10%0.10%
$100,000 & Up0.10%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

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

AMAZING NEW RATE!  Frankenmuth Credit Union is offering the most competitive rates in the market for Savings. Earn an incredible rate on our Plus Savings Account that is totally liquid and is safe and sound because it is Federally Insured by NCUA. Our Plus Savings offers great rates for everyone! Watch your money grow in this tiered savings account, increasing your rate as you increase tiers! No withdrawal or deposit restrictions. There are no hoops to jump through to earn interest, all you have to do is maintain a daily minimum balance of $500.

APY**Div Rate*Min. AmountMax. Amount
Minimum Dollar AmountMaximum 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%$100,000and 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

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. Federally insured by NCUA. Contact us for more information.

All savings

Debit Round Up

Every time you use your FCU debit card to pay for a purchase, we’ll round it up to the next even dollar amount. At the end of the day, we’ll put that change in to any FCU savings account you choose. It’s a great way to pay yourself first.

Debit Round Up

Every time you use your FCU debit card to pay for a purchase, we’ll round it up to the next even dollar amount. At the end of the day, we’ll put that change in to any FCU savings account you choose. It’s a great way to pay yourself first.

Kasasa Saver
APY**Div RateMax.Details
Dollar AmountDescription
3.00%2.96%$50,000Non-qualified accounts earn .01%APY
3.00% - 1.09%0.14%Balances over $50,000Non-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

*APY = Annual Percentage Yield. Rates may change at any time. Federally insured by NCUA.

Qualification Cycle for Kasasa is the last day of the prior month through the second to last day of the current month. To qualify monthly Kasasa Cash, Kasasa Cash Back and Kasasa accounts require e-statements, a minimum of 15 approved and processed debit card transactions and one ACH withdrawal (Kasasa Tunes does not require an ACH withdrawal). Contact us for more information on rates.

Qualification Information:

Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle to qualify for the account’s rewards. The following activities are required monthly to qualify for rewards: enrollment in electronic statements, one ACH debit and 15 debit card transactions are a condition(s)] of Kasasa Saver’s linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account(s). Kasasa Tunes does not require an ACH debit to qualify. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. Contact one of our service representatives for specific Monthly Qualification Cycle dates.

Reward Information:

Depending on what Kasasa account you have, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle.
Kasasa Cash Back: you will receive 5.00% cash back on up to a total of $200 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back payments may be earned per Monthly Qualification Cycle.
Kasasa Tunes: you will receive up to an aggregate total of $10.00 (which includes any applicable taxes) in refunds for any iTunes, Amazon.com or Google Play purchases. To be refunded, iTunes, Amazon.com, Google Play purchases must be made with your Kasasa Tunes debit card and must post and settle to your account no more than 30 days after the Monthly Qualification Cycle in which you qualified ends.
Kasasa Cash: daily balances up to and including $15,000 receive an APY of 3.00% and daily balances over $15,000 earn a dividend rate of .14% on the portion of the daily balance over $15,000 resulting in a range from 3.00% to .51% APY depending on the account’s daily balance.
Kasasa Saver: daily balances up to and including $50,000 in your Kasasa Saver account earn an APY of 1.75% and daily balances over $50,000 earn a dividend rate of .14% on the portion of the daily balance over $50,000 resulting in a range from 1.75% to .68% APY depending on the account’s daily balance.

You will receive reimbursements up to $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $5.00 or higher. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. NOTE: ATM fee reimbursements only apply to Kasasa Cash, Kasasa Cash Back, or Kasasa Tunes transactions via ATM; Kasasa Saver ATM transaction fees are not reimbursed nor refunded. Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made, iTunes, Amazon.com or Google Play purchases are not reimbursed, nationwide ATM withdrawal fees are not reimbursed and: Kasasa Cash: the entire daily balance in the Kasasa Cash account earns .01% APY. Kasasa Saver: the entire daily balance in the Kasasa Saver account earns .01% APY. Dividends will be credited to your Kasasa Cash and Kasasa Saver accounts on the first processing/business day of the following statement cycle. The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle.

If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply:

Kasasa Cash: When linked to a Kasasa Saver account, the dividends earned within the Kasasa Cash account do not compound since it, along with any nationwide ATM withdrawal fee reimbursements are, automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account balance is less than the transferred amount when the transfer occurs.

Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of October 1, 2023 APY calculations are based on an assumed balance of 3.00% + $15,000 in your Kasasa Cash account and 1.75% + $50,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.

Additional Information:

Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $15.00 minimum deposit is required to open the Kasasa Cash and Kasasa Cash Back account. No minimum deposit is required to open the Kasasa Saver account. Limit of one (1) account(s) per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA. Your Savings Insured To $250,000 Per Account, American Share Insurance.

Bonus Information:

As a bonus to individuals who open and fund a new Kasasa Tunes account, our credit union will refund up to an aggregate total of $20.00 (which includes any applicable taxes) for any iTunes, Amazon.com or Google Play purchases made with your Kasasa Tunes debit card that post and settle to the account within the first 45 calendar days after your account is opened. Any portion of this bonus that is not used within the stated time period will be forfeited. No minimum balance is required to obtain this bonus. $15.00 minimum deposit is required to open the account. Limit one account(s) per social security number and one account opening bonus per account per calendar year. Annual Percentage Yield (APY) varies by account, account balance and if qualifications are met. See Reward Information Section below for account APY information.

Trademarks:

iTunes is a registered trademark of Apple, Inc. Amazon.com is a registered trademark of Amazon.com. Google Play is a registered trademark of Google, Inc. Apple Inc., Amazon.com and Google, Inc. are not participants in or sponsors of this program. Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Saver and Kasasa Tunes are trademarks of Kasasa, Ltd., registered in the U.S.A.