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Frankenmuth Credit Union Share
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Overview Share
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Frankenmuth Credit Union is a federally insured state credit union based in Frankenmuth, Michigan. It has been opened since 1964, for 58 years.

With around $651,970,000 in assets, Frankenmuth Credit Union is considered to be a very large credit union. It has 23 branches and 13 ATM locations.

About Share
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Address Po Box 209
Frankenmuth, Michigan 48734
Website http://www.frankenmuthcu.org
Phone (989) 497-1600
Fax (989) 497-1661
CEO Vickie J. Schmitzer
President of the Board Pete Bender
Services Offered
Score Card Share
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58 years
Years in business
Opened in 1964
Well Capitalized
Net worth classification
Source: NCUA
45,727 members
Membership type: State chartered natural person credit union
Above average number of members
179:1
Credit union member to staff ratio
179 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$651,967,499
Total assets
Above average
23 branches
Compared with an average of 4 nationally and 4 in Michigan
Above average number of branches
0.02%
Savings interest rate
Compared to 0.3% nationally
8.75%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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23 branches
Compared with an average of 4 nationally and 4 in Michigan
Above average number of branches
Frankenmuth Credit Union Branch Locations

Frankenmuth Credit Union: Essexville Branch
3017 Center Avenue
Essexville, Michigan 48732
No ATM
Frankenmuth Credit Union: Town & Country
2796 Erna Drive
Saginaw, Michigan 48603
No ATM
Frankenmuth Credit Union: Birch Run
8131 Main Street
Birch Run, Michigan 48415
ATM Available
Frankenmuth Credit Union: Meijer Drive South Birch Run
9430 Meijer South Drive
Birch Run, Michigan 48415
ATM Available
Frankenmuth Credit Union: Freeland Branch
115 S. Main Street Suite 2B
Freeland, Michigan 48623
No ATM
Frankenmuth Credit Union: Otisville Branch
410 North State Road
Otisville, Michigan 48463
ATM Available
Frankenmuth Credit Union: Vassar
602 State Road
Vassar, Michigan 48768
ATM Available
Frankenmuth Credit Union: Bay City Branch
800 North Euclid Avenue
Bay City, Michigan 48706
No ATM
Frankenmuth Credit Union: Vassar Downtown
113 W. Huron Avenue
Vassar, Michigan 48768
ATM Available
Frankenmuth Credit Union: Caro Branch
1060 W. Caro Road
Caro, Michigan 48723
ATM Available
Frankenmuth Credit Union: Rockford Office
6575 Belding Road NE
Suite E.
Rockford, Michigan 49341
No ATM
Frankenmuth Credit Union: Elkton Branch
47 North Main Street
Elkton, Michigan 48731
No ATM
Frankenmuth Credit Union: Cass City Branch
6358 Main Street
Cass City, Michigan 48726
No ATM
Frankenmuth Credit Union: Midland
401 S. Saginaw Road
Midland, Michigan 48640
ATM Available
Frankenmuth Credit Union: Mayville Office
315 E. Main Street
Mayville, Michigan 48744
No ATM
Frankenmuth Credit Union: Main Office
580 North Main Street
Frankenmuth, Michigan 48734
ATM Available
Frankenmuth Credit Union: Richville
9321 W. Sanilac Road
Reese, Michigan 48757
ATM Available
Frankenmuth Credit Union: Svrc
203 S. Washington Avenue
Saginaw, Michigan 48607
ATM Available
Frankenmuth Credit Union: Reese
12638 E. Washington Road
Reese, Michigan 48757
ATM Available
Frankenmuth Credit Union: Bridgeport Branch
5540 Dixie Highway
Saginaw, Michigan 48601
ATM Available
Frankenmuth Credit Union: Millington
8234 State Road
Millington, Michigan 48746
ATM Available
Members Share
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45,727 members
Membership type: State chartered natural person credit union
Above average number of members

With 45,727 members, the Frankenmuth Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 90% of credit unions.

Fees Share
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$118
Average fee per member
The average fee per member at the Frankenmuth Credit Union is $118, which is very high compared to most credit unions. This rate is higher than 90% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Frankenmuth Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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179:1
Credit union member to staff ratio
179 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
256 staff members
FTE (full-time equivalent)
11% of employees are part-time
240 full-time, 31 part-time

Frankenmuth Credit Union has 240 full-time staff members and 31 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 89% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Frankenmuth Credit Union has around 179 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$651,967,499
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
10.6%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$13,215
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 72% of credit unions.

Frankenmuth Credit Union holds a total of $535,170,000 in loans and leases, which is about $13,215 per member on average.

Savings interest rate Share
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0.02%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Frankenmuth Credit Union pays 0.02%.

Loan rates Share
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8.75%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.98%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.98%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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4.09%
New car loan rate
Compared to 4.0% nationally
5.87%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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6.01%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.47%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Frankenmuth Credit Union: Town & Country
Credit Union Branch: 2796 Erna Drive
Saginaw, Michigan 48603 No ATM
Frankenmuth Credit Union: Bridgeport Branch
Credit Union Branch: 5540 Dixie Highway
Saginaw, Michigan 48601 ATM Available
Frankenmuth Credit Union: Independence Village
Credit Union Branch: 255 Mayer Road
Frankenmuth, Michigan 48734 No ATM
Frankenmuth Credit Union: Essexville Branch
Credit Union Branch: 3017 Center Avenue
Essexville, Michigan 48732 No ATM
Frankenmuth Credit Union: Richville
Credit Union Branch: 9321 W. Sanilac Road
Reese, Michigan 48757 ATM Available
Frankenmuth Credit Union: Millington
Credit Union Branch: 8234 State Road
Millington, Michigan 48746 ATM Available
Frankenmuth Credit Union: Reese
Credit Union Branch: 12638 E. Washington Road
Reese, Michigan 48757 ATM Available
Frankenmuth Credit Union: Svrc
Credit Union Branch: 203 S. Washington Avenue
Saginaw, Michigan 48607 ATM Available
Frankenmuth Credit Union: Vassar
Credit Union Branch: 602 State Road
Vassar, Michigan 48768 ATM Available
Frankenmuth Credit Union: Midland
Credit Union Branch: 401 S. Saginaw Road
Midland, Michigan 48640 ATM Available