FRANKENMUTH CREDIT UNION - Elkton, MI

Welcome to Frankenmuth Credit Union's Elkton Branch, your trusted partner in financial well-being since 1964. Conveniently located at 47 N Main St, Elkton, MI 48731, we are dedicated to providing our members with personalized services that foster community growth and financial success. With a robust membership of 72,304 and total assets exceeding $1.35 billion, we pride ourselves on being a reliable source of support for individuals and businesses alike. At Frankenmuth, we understand that every member has unique needs. That's why we offer a variety of services, from checking and savings accounts to auto loans, mortgages, and business financing. Our commitment to delivering exceptional financial solutions is reflected in our total deposits of $24,307,939 and our net worth of $132,590,780. Our team is led by CEO Vickie Schmitzer and Board President Brian Dixon, both of whom are passionate about ensuring the credit union thrives for the benefit of our members. We're proud to employ 402 dedicated professionals who are ready to assist you with all your banking needs. While you can visit us at our Elkton branch for all your financial transactions, official correspondence should be sent to our mailing address: PO Box 209, Frankenmuth, MI 48734. Feel free to reach out to us at (989) 497-8559 during our operating hours: Monday through Wednesday from 9 am to 5 pm, Thursday from 10 am to 5 pm, and Friday from 9 am to 6 pm. We also have drive-thru service available for added convenience. Join us today and discover how Frankenmuth Credit Union can help you achieve your financial goals! Visit our website at frankenmuthcu.org or come by our branch we're excited to serve you!

Joining Frankenmuth is like stepping into a welcoming community where your financial needs are truly understood. To become a member, you need to meet a few simple criteria, which often include living or working in the local area or being part of specific groups we support. It's all about making sure that we're here for people who share our values and goals. If you're curious about the exact eligibility details, feel free to check out this resource: . Once you find that you qualify, opening an account is straightforward! You can start the process online through our easy application at https://forms.joinmycu.com/mop/112/apply or give us a call at (989) 497-8559 if you have any questions. We're here to help make your transition into membership as smooth as possible, so don't hesitate to reach out! Our branch at 47 N Main St Elkton Mi 48731 is ready to welcome you into our family.

At Frankenmuth, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that trust is essential in banking, and we're proud to showcase our 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. Members' savings are secured 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 are focused on benefiting you through better loan rates, lower fees, and exclusive perks. 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. Our lending capacity is significant; with $11,694 in used auto loans and $1,049,632,219 in total loans and leases, we support members' financial goals across various sectors. Our operational efficiency is reflected in our $10,690,351, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 378 full-time employees and 24 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $435,468,799. Total Share and Deposit Accounts: 174,977, showing a strong and growing member base that trusts us with their finances. 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 47 N Main St Elkton Mi 48731 or call (989) 497-8559 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.