Frankenmuth Credit Union

PO Box 209
Frankenmuth, MI 48734
(800) 221-8880
www.frankenmuthcu.org

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Frankenmuth Credit Union is headquartered in FRANKENMUTH and is the 44^th largest credit union in the state of Michigan. It is also the 786^th largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 99 employees and 24,343 members. Frankenmuth Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

5.00% 24-Month CD at Frankenmuth Credit Union in Michigan - 12/14/2008

Frankenmuth Credit Union is offering a special 5.00% APY 24-month Premier CD. Minimum deposit is $500, and money must be new to the credit union. It requires a Premier Checking Account. The credit is also offering a 20-month CD with an APY of 4.25%. This...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Frankenmuth Credit Union Checking Account Rates

Apy	Min	Max	Product
0.20%	$20k	-	Business 5 Star Plus Checking
0.15%	$1k	-	Business 4 Star Plus Checking
0.10%	$500	-	Business 3 Star Plus Checking
0.05%	$10k	-	Premier Checking
0.05%	$250	-	Business 2 Star Plus Checking
0.03%	-	-	Interest Plus Checking
0.03%	$2k	-	Hometown Checking

Frankenmuth Credit Union Savings Account Rates

Apy	Min	Max	Product
0.75%	$25	-	Systematic Traditional IRA
0.75%	$25	-	Systematic Roth IRA
0.50%	$25	-	Systematic Savings Account
0.50%	-	-	Systematic Youth Savings Account
0.40%	$100k	-	Growth lV Savings Relationship Account
0.40%	$100k	-	Traditional IRA Savings
0.40%	$100k	-	Roth IRA Savings
0.40%	$100k	-	Coverdell ESA
0.30%	$50k	-	Growth lll Savings Relationship Account
0.25%	$1k	-	Health Savings Checking Account
0.25%	$100k	-	Business Savings
0.20%	$25k	-	Growth ll Savings Relationship Account
0.10%	$5k	-	Growth l Savings Account
0.02%	$100	-	Regular Savings Account
0.02%	$100	-	Escrow Account
0.02%	$100	-	Christmas Club Account
0.02%	$100	-	Birdie Account

Frankenmuth Credit Union Money Market Rates

Apy	Min	Max	Product
0.25%	$100k	-	Mega Money Market Insured Account
0.10%	$25k	-	Money Market Insured Account

Frankenmuth Credit Union CD Rates

Apy	Min	Max	Product
1.25%	$500	-	5 Year Share Certificate
1.00%	$500	-	4 Year Share Certificate
0.70%	$500	-	3 Year Share Certificate
0.30%	$500	-	2 Year Share Certificate
0.15%	$500	-	18 Month Share Certificate
0.10%	$500	-	9 Month Share Certificate
0.10%	$500	-	12 Month Share Certificate
0.05%	$500	-	3 Month Share Certificate
0.05%	$500	-	6 Month Share Certificate

Frankenmuth Credit Union IRA Rates

Apy	Min	Max	Product
1.25%	$500	-	5 Year IRA Certificate
1.25%	$500	-	5 Year Roth IRA Certificate
1.25%	$500	-	5 Year Coverdell ESA
1.00%	$500	-	4 Year IRA Certificate
1.00%	$500	-	4 Year Roth IRA Certificate
1.00%	$500	-	4 Year Coverdell ESA
0.70%	$500	-	3 Year IRA Certificate
0.70%	$500	-	3 Year Roth IRA Certificate
0.70%	$500	-	3 Year Coverdell ESA
0.30%	$500	-	2 Year IRA Certificate
0.30%	$500	-	2 Year Roth IRA Certificate
0.30%	$500	-	2 Year Coverdell ESA
0.15%	$500	-	18 Month IRA Certificate
0.15%	$500	-	18 Month Roth IRA Certificate
0.15%	$500	-	18 Month Coverdell ESA
0.10%	$500	-	9 Month IRA Certificate
0.10%	$500	-	12 Month IRA Certificate
0.10%	$500	-	9 Month Roth IRA Certificate
0.10%	$500	-	12 Month Roth IRA Certificate
0.10%	$500	-	9 Month Coverdell ESA
0.10%	$500	-	12 Month Coverdell ESA
0.05%	$500	-	3 Month IRA Certificate
0.05%	$500	-	6 Month IRA Certificate
0.05%	$500	-	3 Month Roth IRA Certificate
0.05%	$500	-	6 Month Roth IRA Certificate
0.05%	$500	-	3 Month Coverdell ESA
0.05%	$500	-	6 Month Coverdell ESA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

FRANKENMUTH
NCUA #	61755
BankRate Report	View
Year Chartered	1964
Employees	99
Primary Regulator
Assets and Liabilities
Assets	$229.09 million
Loans	$182.99 million
Deposits	$202.43 million
Equity Capital	$21.99 million
Loan Loss Allowance	$2.73 million
Unbacked Noncurrent Loans	$3.15 million
Real Estate Owned	$533,000
Historic Data - December 2010
Assets	$211.22 million
Equity Capital	$18.36 million
Loan Loss Allowance	$2.80 million
Unbacked Noncurrent Loans	$3.65 million
Real Estate Owned	$729,000
Profit Margin - Quarterly
Net Interest Margin	6.6%
Return on Assets	1.58%
Return on Equity	16.46%
Interest Income	$12.41 million
Non-Interest Income	$5.15 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Frankenmuth Credit Union had $3.68 million in non-current loans and owned real-estate with $24.72 million in equity and loan loss allowances on hand to cover it. This gives Frankenmuth Credit Union a Texas Ratio of 14.91% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Frankenmuth Credit Union decreased slightly from 20.68% as of December 31, 2010 to 14.91% as of December 31, 2011, resulting in a positive change of 27.89%.This indicates that the balance sheet and financial strength for Frankenmuth Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Frankenmuth Credit Union has increased its total deposits by $13 million, resulting in 6.86% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Frankenmuth Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Frankenmuth Credit Union has $229.09 million in assets with $24.72 million in equity, resulting in a capitalization level of 10.79%, which is above average.