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5.00% 24-Month CD at Frankenmuth Credit Union in Michigan

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Frankenmuth Credit Union
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 only requires a minimum deposit of $5,000. These rates are listed in the credit union's rate table as of 12/14/08.

Membership is open to anyone who lives, works, worships or is educated in Saginaw, Tuscola, Bay or Genesee County, Michigan. Please refer to the credit union's Who Can Bank Here Page for more details. Membership requires maintaining a regular savings account which requires a $100 aggregate balance to avoid a $5/month service charge.

Branches are located in Frankenmuth, Saginaw and several nearby towns.

The credit union has fair ratings for soundness: 3 stars (adequate) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/08 data. The credit union is federally insured by the NCUA (Charter # 61755).

The name of this credit union and city has a holiday-like sound. It reminds me of frankincense and myrrh.
  Tags: Michigan, Frankenmuth Credit Union, CD rates

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