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

Introduction

Welcome to Frankenmuth, your trusted partner in financial well-being, located at 8234 State Rd, Millington, MI 48746. Since our establishment in 1964, we have proudly served our community with dedication and integrity. With over 72,000 members and total assets exceeding $1.35 billion, we are committed to providing personalized banking solutions tailored to your needs. At Frankenmuth, we understand that every financial journey is unique. Whether you're looking for a new vehicle, planning to buy a home, or seeking business financing, we offer an array of services including auto loans, mortgage refinancing, personal loans, and more. Our total loans stand at 55,486, reflecting our commitment to helping you achieve your financial goals. Our team is led by CEO Vickie Schmitzer and Board President Brian Dixon, who are dedicated to ensuring that every member receives the highest level of service. With a workforce of 402 employees, we're here to assist you with everything from everyday banking needs to complex financial decisions. While members can visit us at our branch location in Millington for in-person assistance, official correspondence should be sent to our mailing address: PO Box 209, Frankenmuth, MI 48734. We invite you to explore our website at frankenmuthcu.org for more information on how we can support your financial journey. Join us today and experience the credit union difference where community matters and your success is our priority! For any inquiries or assistance, feel free to give us a call at 989-497-1600. Let's work together towards a brighter financial future!

Branch History & Mission

Community Engagement

Our commitment extends beyond just banking services; we are here for you in times of need. Our drive-thru banking service offers quick assistance for deposits and withdrawals while ensuring convenience for all members. Furthermore, we prioritize ADA compliance in all our services so that everyone can bank comfortably. While members can visit us at 8234 State Rd, official correspondence should be sent to PO Box 209, Frankenmuth, MI 48734. Our team is ready to assist you during operating hours: Monday from 9 AM to 5 PM; Tuesday through Thursday from 10 AM to 5 PM; and Friday from 9 AM to 6 PM.

Join Us Today!

As we continue this journey together, we invite you to become part of the Frankenmuth family. Experience firsthand how we can help you achieve your financial goals while being a pillar in the community. Visit us today or call us at (989) 497-1600 to learn more about how we can support you on your financial path!

Our Mission

At Frankenmuth, our mission is clear: we strive to provide comprehensive financial solutions that empower individuals and businesses while building strong community ties. We are dedicated not only to enhancing the financial well-being of our members but also to supporting the local community through various initiatives. We understand that banking should be straightforward and accessible. That's why we offer services like personal checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. With conveniences such as online banking, mobile payments, and ATMs available for easy access, managing your finances has never been simpler.

Our Story

Since opening our doors nearly six decades ago, Frankenmuth has focused on providing exceptional financial services tailored to meet the needs of our diverse membership. Over the years, we have expanded our offerings and improved our technology to ensure that we remain relevant in an ever-changing world. Today, we proudly manage total assets of over $1.36 billion, a testament to the trust and loyalty of our members. Our journey has not just been about numbers; it's about people. We believe in fostering a sense of community by actively engaging in outreach efforts and partnerships that uplift those around us. Whether through financial education programs or local sponsorships, we aim to make a positive impact in Millington and beyond.

Branch Location & Accessibility

Banking Services

At the Frankenmuth branch, we offer a variety of services tailored just for you. Whether you're looking for personal banking options like checking and savings accounts, auto loans, or mortgage refinancing, we have you covered. Enjoy the convenience of our drive-thru service for quick deposits and withdrawals, as well as ATM access available on-site for after-hours transactions. If you need to reach out before visiting, feel free to call us at 989-497-1600. We're always happy to answer any questions or provide assistance.

Convenient Access

Our branch provides ample parking, making it easy for you to visit us whether you're stopping by for a quick transaction or a more detailed discussion about your financial options. We are committed to ensuring everyone can access our services comfortably, with ADA-compliant features like ramps and accessible entrances.

Operating Hours

We understand that life can be busy, which is why we offer flexible operating hours designed to fit your schedule. You can visit us on Monday from 9 AM to 5 PM, Tuesday through Thursday from 10 AM to 5 PM, and Friday from 9 AM to 6 PM. Our team is here during these hours ready to assist you with everything from checking accounts to loan inquiries.

Visit Us Today!

We invite you to stop by the Frankenmuth branch today! Experience our commitment to member service firsthand and discover how we can help you achieve your financial goals. Your journey toward better banking starts here!

Member Eligibility

At Frankenmuth, we believe in building a close-knit community where everyone feels welcomed and valued. If you're interested in becoming a member, it's easier than you might think! We invite anyone who lives, works, worships, or attends school in the area around 8234 State Rd Millington Mi 48746 to join us. This means that if you have connections to our vibrant community, you can enjoy all the benefits of membership, including personalized banking solutions tailored just for you. To learn more about the specific eligibility details and stay updated on any changes, feel free to visit our website at . Getting started is simple! You can open your account online by visiting https://forms.joinmycu.com/mop/112/apply , or if you prefer, give us a call at (989) 497-1600. Our friendly team is here to help guide you through the process and answer any questions you may have. Join us today at Frankenmuth where your financial journey meets a supportive family atmosphere!

Business Banking & Commercial Services

Business 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 provide essential merchant services that make transactions easier for you and your customers. Imagine a local café that needs reliable payment processing our services help them serve their patrons smoothly while keeping track of sales effortlessly. Discover how Frankenmuth, located at 8234 State Rd Millington Mi 48746 in Millington, MI, can empower your business today. For more details, give us a call at (989) 497-1600 or visit our website at https://frankenmuthcu.org/ .

Comprehensive List Of Services

Accessing Your Funds

Need cash? Our ATM & Cash Withdrawal Services ensure easy access to your funds whenever you need them. For those who prefer face-to-face interactions but still value efficiency, our Basic Drive-Thru Banking allows for quick deposits and withdrawals without leaving your vehicle. At Frankenmuth, we strive to make banking as simple and accessible as possible. With operating hours designed around your schedule Monday from 9 AM to 5 PM, Tuesday through Thursday from 10 AM to 5 PM, and Friday from 9 AM to 6 PM you can easily find a time that works for you. If you're ready to experience all that Frankenmuth has to offer or have questions about any of our services, don't hesitate to reach out! Call us at (989) 497-1600 today or visit us at our branch in Millington. We're excited to assist you on your financial journey!

Business Banking Made Easy

For our business members, we offer specialized Business Banking services, including merchant services and business loans. We recognize how vital it is for local businesses to thrive and grow, so we're here to partner with you every step of the way.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking options that allow you to manage your accounts from anywhere. Whether you're making transfers, checking balances, or paying bills on the go, our digital banking platform ensures that you stay connected to your finances effortlessly.

Financial Flexibility with Loans

Life can throw unexpected expenses your way, and that's where our Personal Loans & Debt Consolidation come into play. We want to help you regain control over your finances without the stress of high-interest debt. Plus, if you're interested in building credit or earning rewards on your purchases, check out our competitive Credit Cards with Rewards.

Personal Banking Solutions

We understand that managing personal finances can be challenging, which is why we offer various Personal Banking options. Our checking and savings accounts are designed to help you manage your day-to-day expenses while saving for future goals. If you're thinking about purchasing a new car or refinancing an existing one, our Auto Loans & Vehicle Financing can provide the support you need. Additionally, for those considering home ownership or looking to refinance, our Mortgage Loans & Refinancing services make the process straightforward and accessible.

Digital & Online Banking

Key Services

With our online banking platform, accessing your accounts has never been easier. You can check balances, pay bills, and transfer money all from the comfort of your home. Plus, our 24/7 online banking services mean you're never out of touch with your finances. We also offer E-Statements, allowing you to view and manage your bank statements digitally. This not only saves paper but also helps keep your information secure. If you're ready for more streamlined transactions, take advantage of our mobile payments feature. It lets you make purchases quickly and easily using just your phone.

User-Friendly Experience

For those who prefer managing their accounts on the go, our mobile application provides a user-friendly interface that makes banking simple and intuitive. You can even perform person-to-person transfers, making it easy to send money to friends or family instantly. Security is a top priority at Frankenmuth. Our electronic signature authorization process ensures that your transactions are safe and secure, giving you peace of mind with every click. In short, whether you're checking your account balance or transferring funds, our digital and online banking services offer an accessible way to manage your money effectively. Join us at Frankenmuth today, and experience the ease of digital banking!

Financial Strength

Commitment to Growth and Innovation

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 supports members' financial goals across various sectors with $11,694 in used auto loans and $1,049,632,219 in total loans and leases.

Growing Membership Base

Total Share and Deposit Accounts: 174,977, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $435,468,799. 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 8234 State Rd Millington Mi 48746 or call (989) 497-1600 to learn more about how we can help you achieve your financial goals.

Member-Centric 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.

Operational Efficiency

Our $10,690,351 reflects our operational efficiency, 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.

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. We provide flexible terms and competitive interest rates that make financing your next vehicle straightforward and hassle-free.

Business Loans

For business owners, our outstanding commercial loans totaling $195,261,241 provide the capital needed to grow and expand. Whether you need funds for equipment purchases or working capital, we're here to support your business ambitions.

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 guide you through each step of the mortgage process and ensure you find a solution that fits your budget.

Refinancing Options

If you're looking to reduce your monthly payments or lower your interest rate on existing loans, consider our refinancing options. We help you explore eligibility criteria and find solutions that work best for your financial situation. In addition to these loan offerings, we pride ourselves on providing personalized service at our branch located at 8234 State Rd Millington MI 48746. If you have questions or need assistance with any of our products, please don't hesitate to contact us at 989-497-1600. For more information about our services or to start your application today, visit us online at Frankenmuth Credit Union. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Unsecured Credit Cards

Managing everyday expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $62,959,327 in loans helping members manage their finances effectively. These cards come with rewards and low interest rates, making them an excellent choice for both planned purchases and unexpected costs.

Loan Aggregator

Benefits of Using LendMesh

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FRANKENMUTH CREDIT UNION