Frankenmuth Credit Union Caro MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Frankenmuth, proudly serving our community since 1964. Located at 1060 W Caro Rd, Caro, MI 48723, we are dedicated to providing a personal touch in banking that helps our members thrive. With a strong membership of over 72,000 and total assets reaching an impressive $1,358,607,681, we are committed to supporting your financial goals. At Frankenmuth, we understand that banking is about more than just numbers; it's about building relationships and enhancing lives. Our team, led by CEO Vickie Schmitzer and Board President Brian Dixon, is here to guide you through every step of your financial journey. From auto loans and mortgages to personal banking and business services, we have tailored solutions designed for you. While members can visit us at our branch location, please note that official correspondence should be sent to our mailing address: PO Box 209, Frankenmuth, MI 48734. With total deposits of $24,307,939 and a net worth of $132,590,780, you can trust that your finances are in safe hands. Our dedicated staff of 402 employees is ready to assist you with a range of services including online banking, ATMs, and personalized loan options. We pride ourselves on being more than just a credit union; we are a part of the community. Join us at Frankenmuth where our mission is simple: Your success is our success. Give us a call at 989-497-1600 or visit us online at Frankenmuth CU to learn more about how we can help you achieve your financial dreams today!

Branch History & Mission

A Vision for the Future

As we look forward, we remain committed to enhancing our digital capabilities while ensuring accessibility for all members. Our online banking platform allows you to manage your finances conveniently from anywhere. We also prioritize ADA compliance so that everyone can benefit from our services without barriers. Join us at Frankenmuth Credit Union and become part of a community-focused organization where your financial well-being is our top priority. Experience firsthand how we combine modern banking conveniences with the personal touch you deserve. Together, let's build a brighter financial future!

Community Commitment

Located in Tuscola County, Caro is known for its welcoming spirit and vibrant community life. Our branch is not just a place for transactions; it's a hub where relationships are built. We actively engage with local organizations and participate in community outreach programs that make a tangible difference in people's lives. Whether it's sponsoring local events or providing financial education workshops, we aim to be an integral part of the Caro community. While members can visit us at 1060 W Caro Rd, official correspondence should be sent to PO Box 209, Frankenmuth, MI 48734. Our branch features convenient services including an ATM and drive-thru banking options for quick transactions. You can reach us anytime at (989) 497-1600 during our operating hours: Monday through Wednesday from 9 AM to 5 PM; Thursday from 9:15 AM to 5 PM; Friday from 9 AM to 6 PM; and Saturday from 9 AM to 12:30 PM.

Branch Location & Accessibility

Accessibility Features

We prioritize accessibility for all our members. The Caro Branch features ADA-compliant facilities, including ramps for easy entry and exit. Additionally, ample parking is available right outside the branch, ensuring that your visit is as smooth as possible.

Call-to-Action

If you're in the area or just passing through, we invite you to drop by the Caro Branch of Frankenmuth Credit Union! You can also give us a call at 989-497-1600 if you have any questions or need assistance before your visit. We look forward to serving you!

Operating Hours

We understand that your time is valuable. That's why we offer flexible operating hours to accommodate your busy schedule. Our lobby hours are Monday through Wednesday from 9 AM to 5 PM, Thursday from 9:15 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12:30 PM. Feel free to come by during these times; we would love to assist you!

Services Offered

At our Caro Branch, we provide a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Plus, with an ATM available on-site and drive-thru banking options for quick transactions like deposits and withdrawals, managing your finances has never been easier.

Member Eligibility

Becoming a member of Frankenmuth means joining a community that prioritizes your financial well-being. If you live, work, or worship in the areas we serve, you're already on the path to membership! At Frankenmuth, we believe in making banking personal and accessible for everyone. The eligibility criteria are designed to welcome individuals from various backgrounds, so whether you're looking for a new checking account or financing for your dream car, we're here to support you every step of the way. For more detailed information on eligibility, feel free to visit our website at . Opening an account is simple and straightforward. Just stop by our branch located at 1060 W Caro Rd Caro Mi 48723, or give us a call at (989) 497-1600 if you have any questions. You can also start the application process online by visiting https://forms.joinmycu.com/mop/112/apply . We're excited to have you join our family at Frankenmuth, where your financial goals become our shared mission!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,319 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $8 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $195,261,241, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Made Easy

In addition to loans, our merchant services are designed to simplify transactions for your business. Whether you're a small retailer or a large service provider, our payment processing solutions enable you to accept payments easily and securely. Imagine being able to focus on what you love growing your business while we take care of the rest. Join us at Frankenmuth and discover how our business banking and commercial services can help turn your vision into reality. Contact us today at (989) 497-1600 or visit our website for more information!

Comprehensive List Of Services

Accessibility and Convenience

Our branch also provides essential ATM and cash withdrawal services, ensuring you have access to your funds when you need them most. For quick transactions, take advantage of our drive-thru banking where deposits, withdrawals, and simple tasks can be completed without leaving your car. At Frankenmuth, we're not just about traditional banking; we embrace modern technology to make banking convenient for you. Whether it's checking your balance on-the-go or transferring money with just a few taps on your smartphone through our person-to-person payment service, we prioritize accessibility in everything we do. If you're ready to explore these services or have any questions, don't hesitate to reach out! Give us a call at (989) 497-1600 or visit us at 1060 W Caro Rd Caro Mi 48723 in Caro. Our dedicated team is eager to assist you in making the most out of your financial journey. Join us today and experience how easy it is to manage your finances with Frankenmuth!

Business Banking Services

For business owners, we offer robust solutions that cater to your specific needs. From merchant services that simplify transactions to various types of business loans, we're here to help your venture thrive. You can rely on us for personalized support as we understand the challenges of running a business.

Loans Tailored Just for You

Life can throw unexpected expenses your way, but with our personal loans and debt consolidation options, you can take control of your finances without breaking the bank. Need a little extra purchasing power? Our credit cards with rewards give you benefits on every purchase while helping you build credit responsibly.

Personal Banking Solutions

Whether you're opening your first checking account or looking to save for a major purchase, our personal banking services have got you covered. We offer a variety of checking and savings accounts tailored to fit your lifestyle. Imagine having the flexibility to access your funds anytime through our convenient online and mobile banking platforms. With features like e-statements and easy mobile payments, managing your finances has never been easier. If you're considering buying a car, our auto loans and vehicle financing options provide competitive rates that make owning a vehicle more accessible. Plus, if you're looking for a place to call home, we offer mortgage loans and refinancing solutions that can help you secure the best deal on your dream home.

Digital & Online Banking

Access Your Accounts Anytime

With our 24/7 online banking services available at https://frankenmuthcu.org/ , managing your accounts is a breeze. You can check balances, transfer funds, and pay bills all from the comfort of your home or on the go. Our user-friendly interface makes it simple to navigate through your financial needs.

Go Paperless with E-Statements

Say goodbye to paper clutter! With e-statements available, you can view your account statements online whenever you need them. This not only helps the environment but also keeps your information secure and organized.

Mobile Banking at Your Fingertips

Our mobile application brings banking right to your smartphone. Whether you're making mobile payments or transferring money between friends with our person-to-person transfers, everything is just a tap away. Plus, our mobile payments feature allows for quick transactions wherever you are.

Secure Banking Experience

Your security is our top priority. With advanced encryption technology and secure login processes, you can bank confidently knowing that your personal information is protected every step of the way. At Frankenmuth, we're committed to providing accessible and efficient banking solutions tailored for our members. Embrace the convenience of digital banking today!

Sign Documents Electronically

Need to sign documents quickly? We provide electronic signature authorization, allowing you to complete transactions without the hassle of printing and scanning. It's fast, secure, and incredibly convenient.

Financial Strength

Commitment to Growth

Total Share Accounts stand at 174,977, showcasing a strong and growing member base that trusts us with their finances. Additionally, Net Shares available for lending and investments total $435,468,799, reinforcing our commitment to helping you reach your financial goals. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Frankenmuth is your trusted partner. Visit us at 1060 W Caro Rd Caro Mi 48723 or call (989) 497-1600 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are secure with us! Members' funds are protected through $272,761,848 in share certificates and $61,614,738 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,236,443, we ensure that our resources focus on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our dedication to operational efficiency is reflected in our $10,690,351, which allows us to continue offering competitive loan rates and solid financial products for our members. We pride ourselves on having 378 full-time employees and 24 part-time employees ready to assist you with knowledgeable service every day.

Reinvesting for Your Benefit

With $119,431,630 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We have $11,694 in used auto loans and $1,049,632,219 in total loans and leases, supporting our members' financial goals across various sectors.

Strong Financial Health

With a net worth of $132,590,780, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $992 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $188,223,291 in used vehicle loans and $56,689,270 in new vehicle loans already helping members get on the road. Whether you're eyeing a brand-new model or considering a reliable used vehicle, we have options tailored just for you.

Business Loans

For business owners, our outstanding commercial loans totaling $195,261,241 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges, and we're committed to supporting local entrepreneurs through tailored financing solutions.

Credit Lines and Credit Cards

For those looking to manage their everyday expenses or tackle unexpected costs, we provide flexible credit lines with a total of $202,118,121 available. Additionally, our unsecured credit card loans amounting to $62,959,327 help members effectively manage their finances without the hassle of collateral.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $66,546,613, make buying or refinancing simple. We're here to guide you through every step of the process to ensure you feel confident in your investment.

Refinancing Options

If you're considering refinancing your existing loans, be sure to ask us about eligibility options that may help lower your payments or secure better terms. Our team is ready to discuss how refinancing can fit into your financial strategy. By choosing Frankenmuth, you gain access to competitive rates and personalized service from our knowledgeable staff. We invite you to reach out at (989) 497-1600 or visit us during our operating hours for more information on how we can assist with your financial journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Join us today and see how we can help fulfill your lending needs!

Loan Aggregator

Accurate Loan Comparisons

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Benefits of Using LendMesh

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FRANKENMUTH CREDIT UNION