If you are a resident of Michigan and currently looking for great savings rates, then make sure you keep reading. Frankenmuth Credit Union has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met. They currently offer standard CD rates from 3-months to 48-months with 0.10% to 2.94% APY Rates. They also have a special 13-month CD term with 1.80% APY, 21-month CD term with 2.00% APY and 37-Month CD term with 2.25% APY on $500 balances or more. By joining Frankenmuth Credit Union, you get to enjoy earning higher rate of interest than regular savings account.
Eligibility Requirements: Membership in Frankenmuth Credit Union is open to anyone who lives, works, worships, or attends school anywhere in the state of Michigan. View the current membership details for more information.
Frankenmuth Credit Union CD Summary:
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- Account Type: CD account
- Current Promotion: 13-Month CD 1.80% APY , 21-Month CD 2.00% APY, 37-Month CD 2.25% APY
- Special APY Rates/Balance requirements:
- 13-Month CD Term:
- 1.80% – $500
- 21-Month CD Term:
- 2.00% – $500
- 37-Month CD Term:
- 2.25% – $500
- 13-Month CD Term:
- APY Rates for Balances Between $500-$99,999:
- 0.10% APY for 3-Month CD
- 0.45% APY for 6-Month CD
- 0.60% APY for 9-Month CD
- 1.08% APY for 12-Month CD
- 1.10% APY for 18-Month CD
- 1.15% APY for 24-Month CD
- 1.21% APY for 36-Month CD
- 1.65% APY for 48-Month CD
- APY Rates for Balances $100,000+:
- 0.20% APY for 3-Month CD
- 2.02% APY for 6-Month CD
- 2.17% APY for 9-Month CD
- 2.38% APY for 12-Month CD
- 2.53% APY for 18-Month CD
- 2.75% APY for 24-Month CD
- 2.84% APY for 36-Month CD
- 2.94% APY for 48-Month CD
- Availability: MI (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $500
- Additional Requirements: None
- Early Withdrawal Fee: Amount not specified
- Auto-Renewal: None listed, check with CSR for more information
Frankenmuth Credit Union Best CD Rates:
Overall, Frankenmuth Credit Union ranked highest across the board from our statewide Best 1-Year CD Rates, Best 2-Year CD Rates & Best 3-Year CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Frankenmuth Credit Union CD Account Features:
- Different terms
- Earns higher rate of interest than regular savings account
- Interest compounds
- Fixed rate of interest
- NCUA insured
- Penalty for early withdrawal
Conclusion:
If you are interested in a short term or long term CD, look no further as Frankenmuth Credit Union offers you a standard and special CD rates that go up to 1.80% APY on 13-month term, 2.00% APY on 21-Month CD term, or 2.25% APY on 37-month term. Remember, these specials ranked highly on our Best CDs list. So if you are interested and live near a branch, be sure to open your new CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.