Frankenmuth Credit Union Freeland MI | Quick Personal Loans & Business Banking

Introduction

Welcome to Frankenmuth, your trusted financial partner right here in Freeland, MI! Established in 1964, our credit union has been dedicated to serving the community with a member-first approach. Located at 111 S Main St, Freeland, MI 48623, we pride ourselves on creating a welcoming environment where you can achieve your financial goals. While members can visit us at this location, official correspondence should be sent to our mailing address at PO Box 209, Frankenmuth, MI 48734. At Frankenmuth, we're more than just numbers. With a total membership of over 72,304 and assets amounting to an impressive $1,358,607,681, we focus on providing personalized services that cater to your individual needs. Our total deposits reach $24,307,939, reflecting the trust our members place in us. You'll also find that our net worth stands strong at $132,590,780, ensuring that your savings are secure with us. Led by our experienced CEO, Vickie Schmitzer, and Board President Brian Dixon, our team is committed to helping you navigate through personal banking options such as checking and savings accounts, auto loans, mortgage loans, and more. With a dedicated staff of 402 employees, we're here to assist you every step of the way. We understand the importance of community impact and strive to provide services that benefit not only our members but also the wider Freeland area. Whether you're looking for straightforward banking solutions or business loans to grow your enterprise our extensive offerings include everything from credit cards with rewards to mobile banking convenience. Don't hesitate to reach out! Call us today at (989) 497-1600 or visit our website at frankenmuthcu.org for more information about how we can serve you better. Join us at Frankenmuth Credit Union where your financial well-being is our top priority!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we understand the importance of convenience and accessibility. That's why we offer modern solutions such as online and mobile banking services, ensuring that you can manage your finances on your terms. With an ATM available at our branch and drive-thru banking options for quick transactions, we prioritize your time and comfort.

Community Partnerships

We believe in giving back to the community that has supported us throughout the years. Our partnerships with local organizations help us engage in outreach efforts designed to enhance the quality of life for all residents in Freeland and beyond. Whether through educational programs or charitable contributions, we are committed to making a difference. As we look towards the future with excitement, we invite you to become part of our legacy. Join us at Frankenmuth Credit Union and experience firsthand how we put people before profit while supporting both your financial goals and our shared community values. For more information or to become a member today, call us at 989-497-1600 or visit us online at Frankenmuth Credit Union. Your journey towards financial empowerment starts here!

Our Evolution

Since opening our doors nearly six decades ago, we have embraced the evolving needs of our members. We proudly report total assets of over $1.35 billion, reflecting our commitment to providing robust financial services that empower individuals and families alike. From humble beginnings to significant milestones, every step of our evolution has been guided by our mission: to enhance the financial well-being of our members while fostering a strong sense of community.

Our Mission

At the heart of Frankenmuth Credit Union lies a simple yet powerful mission: to provide exceptional financial services that create positive impacts in our members' lives. We strive to make banking accessible and beneficial through personal banking options such as checking and savings accounts, auto loans, mortgages, and business banking solutions. Additionally, we are dedicated to community support initiatives that uplift those around us. While you can visit us at 111 S Main St, official correspondence should be sent to PO Box 209, Frankenmuth, MI 48734 if different matters arise.

Branch Location & Accessibility

Connect With Us

Ready to take the next step in your financial journey? We invite you to visit us at the Frankenmuth Branch or give us a call at 989-497-1600. Our team looks forward to serving you and helping you achieve your financial goals!

Nearby Landmarks and Accessibility

Our branch is not far from popular spots like the Freeland Sports Zone and local eateries, making it easy to fit your banking needs into your day. We offer ample parking right outside, ensuring that you can stop in without any hassle. The building is fully ADA compliant, featuring ramps and accessible entrances to accommodate all our members.

Operating Hours and Services

We want to make your banking experience as smooth as possible! Our lobby hours are set for your convenience: we're open Monday from 9 AM to 5 PM, Tuesday through Thursday from 10 AM to 5 PM, and Friday from 9 AM to 6 PM. If you prefer not to come inside, we also have a drive-thru service available for quick transactions like deposits and withdrawals. At the Frankenmuth Branch, we provide a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, our knowledgeable staff is ready to assist you. We also have ATM access for easy cash withdrawals and balance checks whenever you need it.

Member Eligibility

At Frankenmuth, we believe that everyone deserves the chance to be part of a community where they feel supported and valued. If you live, work, worship, or attend school in the area, you're likely eligible to become a member! We welcome individuals from all walks of life to join us at our branch located at 111 S Main St Freeland Mi 48623. Membership here means access to a range of financial services designed with your needs in mind, from checking accounts to auto loans and more. To ensure you're fully informed about eligibility requirements, feel free to visit our detailed page at . Joining is simple! You can easily open an account online by visiting https://forms.joinmycu.com/mop/112/apply . If you have any questions or need assistance along the way, don't hesitate to reach out to us at (989) 497-1600. We're excited to welcome you into the Frankenmuth family!

Business Banking & Commercial Services

Commercial Loan Options

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

In addition to loans, we offer merchant services that make everyday transactions easier for you. Imagine having a reliable partner who streamlines payment processing so you can focus on what truly matters growing your business. From accepting card payments to managing online transactions, our tools help simplify your operations and improve cash flow. Located at 111 S Main St Freeland Mi 48623 in Freeland, MI, our team is ready to assist you. Reach out at (989) 497-1600 to learn more about how we can help you achieve your business goals.

Comprehensive List Of Services

ATM and Drive-Thru Services

For those who prefer traditional banking methods, we provide essential services such as ATM access for withdrawals and balance checks, along with basic drive-thru banking for deposits and simple transactions. Our branch also features a drive-thru for added convenience when you're on the go. At Frankenmuth, we're committed to making banking easy and accessible for everyone in the community. We invite you to explore all of our offerings further by visiting us at our Freeland location or giving us a call at (989) 497-1600. Let us partner with you on your financial journey!

Business Banking Services

If you're a business owner, you'll find valuable resources in our business banking services. From merchant services that make transactions easy for your customers to flexible business loans, we aim to support your business growth.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features so you can manage your accounts from anywhere at any time. With our app, you can easily check balances, make transfers, and even send money through our person-to-person payment service.

Personal Banking Solutions

We understand that everyone has different financial goals. That's why our personal banking services include checking and savings accounts designed to help you save efficiently while enjoying easy access to your funds. If you're considering purchasing a vehicle, our auto loans and vehicle financing options offer competitive rates that can help get you behind the wheel faster. For those looking to buy a home or refinance an existing mortgage, we provide tailored mortgage loans and refinancing solutions. Our team is here to guide you through every step of the process. Additionally, if you need extra cash for unexpected expenses, our personal loans and debt consolidation options can help you manage your finances more effectively.

Rewarding Credit Card Options

Shopping can be more rewarding with our credit cards that offer rewards. Enjoy perks that add value to your everyday purchases while building your credit history.

Digital & Online Banking

Key Features of Our Digital Banking Services

Our online banking services provide 24/7 access to your accounts, allowing you to check balances, transfer funds, and pay bills with just a few clicks. With the added benefit of electronic signature authorization, signing documents has never been simpler or safer. You can sign up for e-statements too, which means you'll get your financial information delivered right to your inbox no more cluttered mailboxes! For those who prefer mobile banking, our user-friendly mobile application is available for download. This app not only allows you to manage your accounts on the go but also enables mobile payments so you can shop effortlessly right from your phone. Plus, our person-to-person transfer feature makes sending money to friends and family as easy as sending a text.

Security You Can Trust

We prioritize your security by implementing advanced measures that protect your personal information. Our online banking platform is built with state-of-the-art encryption technology, ensuring that your data remains safe while you manage your finances from the comfort of home or while out and about. With all these features combined, Frankenmuth offers a complete digital banking experience that puts you in control of your finances. Join us today and discover how easy it is to bank digitally with confidence!

Financial Strength

Commitment to Growth

With $119,431,630 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our capacity to support your financial goals is evident with $11,694 in used auto loans and over $1 billion in total loans and leases. Our impressive net income of $10,690,351 reflects our operational efficiency. This allows us to continue offering competitive loan rates and solid financial products tailored to your needs.

Dedicated Team

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 and committed team. This dedicated workforce plays an essential role in maintaining the high level of service you expect from us.

Member Trust

The strength of Frankenmuth is evident in our growing member base. With 174,977 total share accounts, more people are choosing us as their trusted financial partner. We invite you to be part of this thriving community where your financial well-being is our top priority. 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 111 S Main St Freeland Mi 48623 or call 989-497-1600 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.

Secure Savings Options

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.

Strong Financial Position

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

Additional Options

For those interested in business opportunities or commercial ventures, our outstanding commercial loans totaling $195,261,241 provide the capital needed to grow and expand. Additionally, we offer various refinancing options for those looking to lower their monthly payments or consolidate existing debts. If you're curious about eligibility or would like more information on how to get started with any of our loan products at Frankenmuth located at 111 S Main St Freeland Mi 48623, feel free to reach out at 989-497-1600. Our team is ready to assist you with any questions or guidance you may need. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Frankenmuth Credit Union, we prioritize making banking easy and accessible for everyone because your financial success is our mission.

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. We cater to both new and used vehicle purchases, ensuring you find an option that fits your budget.

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 are here to guide you through the process from start to finish.

Unsecured Credit Cards

Managing finances is easier with our flexible terms on unsecured credit card loans. With a total of $62,959,327 in loans helping members navigate their spending effectively, our credit cards come with rewards that add value to your everyday purchases.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to compliance guarantees fair and transparent offers for all users. One of the key benefits of using LendMesh is its focus on verified data. Loan offers are sourced from legitimate financial institutions, ensuring transparency in every comparison. Additionally, LendMesh does not prioritize lenders based on paid promotions; our goal is to provide unbiased results that empower users to make informed choices. The platform provides real-time rate comparisons, meaning users can view up-to-date loan rates from multiple institutions at any time. This feature helps individuals find the best loans tailored to their specific needs without having to sift through outdated or misleading information. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

FRANKENMUTH CREDIT UNION