Frankenmuth Credit Union Bonuses: $100 Youth Savings Promotion (MI)

Find the latest Frankenmuth Credit Union bonuses, promotions, and offers here.

Currently, Frankenmuth Credit Union is offering $100 bonuses when you meet all the requirements.

Frankenmuth Credit Union Bonuses Review

Frankenmuth Credit Union is headquartered in Frankenmuth and is the 20th largest credit union in the state of Michigan. It is also the 380th largest credit union in the nation. It was established in 1964 and as of June of 2022, it had grown to 345 employees and 63,662 members at 28 locations. Frankenmuth Credit Union has an A health rating.

Eligibility: Membership in Frankenmuth Credit Union is open to anyone who lives, works, worships, or was educated anywhere in the state of Michigan. Relatives of current Frankenmuth Credit Union members also qualify for membership. See current membership details.

I’ll go over the Frankenmuth Credit Union bonuses & offers below.

Frankenmuth Credit Union $100 Youth Savings Bonus

Earn a $100 bonus when you open a youth savings account with qualifying activity.

• What you’ll get: $100 Bonus
• Eligible account: Youth Savings
• Availability: MI (Locator)
• Credit Inquiry: Hard Pull or Soft Pull? Let us know.
• Direct Deposit Required: No
• Monthly Fees: $0
• How to earn it:
  • Children 17 and under can open a My Promise to Save account to start saving and earn bonus cash.
  • 1. Select a Bonus Pay Amount you will promise to deposit every month
    • Amounts can range from $5 to $100 and must be in $5 increments. For example, you can deposit $20 or $25, you cannot deposit $27 or $29
  • 2. Deposit the Bonus Pay Amount each month into your My Promise to Save Account.
    • Deposits can be made: in branch, in online banking or app via quick transfer or you can set up a scheduled, automatic transfers. Click here for quick transfer instructions! Click here for scheduled transfer instructions.
  • 3. After 12 months of making the minimum monthly Bonus Pay Amount deposits and leaving the funds in the account, FCU will make a bonus payment up to $100*.

(No offer expiration date listed)

• 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 elected by the owner within 30 days of the first anniversary date of account-opening.
• Only one My Promise to Save account may 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.

How To Waive Monthly Fee

• Cash Back KASASA Checking Account: No monthly service fees
• Cash KASASA Checking Account: No monthly service fees
• Tunes KASASA Checking Account: No monthly service fees

Conclusion

Although these bank promotions are rather generous, you can also utilize our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Check back often for more Frankenmuth Credit Union Bonuses, Promotions, or Offers!