Frankenmuth Credit Union


Overview / Commentary
989-497-1600
580 N Main St
Frankenmuth, MI 48734

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 March of 2022, it had grown to 350 employees and 62,438 members at 28 locations. Frankenmuth Credit Union has an A health rating.

Field of Membership Restrictions

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

Reviews (2)

Wonderful Place To Do Business

I've been with Frankenmuth Credit Union for a little over 10 years and I'd recommend them to anyone. Great interest rates on checking accounts and great loan products. I've only had problems with one encounter over the time I've been there, which I consider pretty good.

I Love Frankenmuth Credit Union

Posted by: |

I've never had an account at a financial institution where I get the kind of service that I get when I'm at Frankenmuth. They are the best!



Health

Health Grade Components

Overall
NCUA #61755
Year Chartered1964
Employees350
Primary Regulator
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD12.5%
Annual Interest Income$9.7MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$1.11B$989.7MM
LoansQ1 2022vs Q1 2021$802.8MM$695.9MM
DepositsQ1 2022vs Q1 2021$994.3MM$871.5MM
Equity CapitalQ1 2022vs Q1 2021$104.7MM$89.0MM
Loan Loss AllowanceQ1 2022vs Q1 2021$7.9MM$7.6MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$2.2MM$1.8MM
Real Estate OwnedQ1 2022vs Q1 2021$0$154.00K
Rates

Rates for Frankenmuth Credit Union are currently being reviewed.

Locations

Availability



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