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Company type | Credit union |
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Industry | Financial services |
Founded | 1964 |
Headquarters | Frankenmuth, Michigan, United States |
Products | Savings; checking; consumer loans; mortgages; credit cards; online banking |
Website | frankenmuthcu |
Frankenmuth Credit Union is a federally insured, state-chartered credit union headquartered in Frankenmuth, Michigan and founded in 1964.
Frankenmuth Credit Union was founded in 1964 by employees of the Carling Brewery and Star of the West Milling Company. [1] [2] [3] Their original stated purpose was to serve the brewers and millers of the Frankenmuth, Michigan area. [1] [2] [3] It primarily served employees of Carling Brewery, Zeilinger Beverage, Geyer's Brewery, and Star of the West Milling. It opened its membership to the wider community in 1969. [4]
In December 2017, the company signed a ten-year naming rights deal to have the Birch Run Expo Center renamed the Frankenmuth Credit Union Event Center. [5] [6] The venue ultimately closed and was sold to Camping World in November 2020. [7]
Frankenmuth Credit Union was recognized in 2020 by Forbes and Statista as one of the best credit unions in the nation. [3]
In July 2021, the company introduced services specifically for the cannabis industry in Michigan. [8] [9]
The company merged with Owosso WBC Federal Credit Union on July 31, 2021, keeping the Frankenmuth Credit Union name. [10]
By February 2024, Frankenmuth Credit Union had branches in Bay, Genesee, Huron, Midland, [4] Ogemaw, Saginaw, Sanilac, Shiawassee, [10] and Tuscola counties. [1] [2] [11]
Frankenmuth Credit Union provides financial services as well as insurance, trust, and investment management to individuals and businesses. [2] [3] [4]
In February 2024, the credit union was sued, along with Great Lakes Homes, in an eight-count civil lawsuit filed in Saginaw County, Michigan by sixteen plaintiffs from Saginaw, Bay, Midland and Roscommon counties in Michigan. [12] The plaintiffs alleged that the credit union continued to send clients to Great Lakes Homes, even after a title company would no longer do business with Great Lakes Home because of suspected fraud. [12] The lawsuit also claims that the credit union pressured clients to sign 'Draw Distribution Authorization' documents to release funds to Great Lakes Home and that the plaintiffs' homes construction were either not started, not completed, or deficient. [12] [13] The lawsuit asked for damages of more than US$25,000 for each of the eight counts. [12]
Saginaw County, officially the County of Saginaw, is a county located in the U.S. state of Michigan. As of the 2020 Census, the population was 190,124. The county seat is Saginaw. The county was created by September 10, 1822, and was fully organized on February 9, 1835. The etymology of the county's name is uncertain. It may be derived from Sace-nong or Sak-e-nong, as the Sauk tribe is believed by some to have once lived there. A more likely possibility is that it comes from Ojibwe words meaning "place of the outlet" –sag and ong. See List of Michigan county name etymologies.
Midland County is a county located in the U.S. state of Michigan. As of the 2020 census, the population was 83,494. The county seat is Midland. The county's name is due to its closeness to the geographical Lower Peninsula's geographical center. It was founded in 1831. However, it was not until 1855 that the county was effectively organized.
Frankenmuth is a city in Saginaw County in the U.S. state of Michigan. The population was 4,987 at the 2020 census. The city is surrounded by Frankenmuth Township.
Saginaw is a city in and the seat of Saginaw County, Michigan, United States. It had a population of 44,202 at the 2020 census. Located along the Saginaw River, Saginaw is adjacent to Saginaw Charter Township and considered part of Greater Tri-Cities region of Central Michigan. The Saginaw metropolitan area had a population of 190,124 in 2020, while the Tri-Cities area had 377,474 residents.
Midland is a city in and the county seat of Midland County, Michigan, in the United States. The city's population was 42,547 as of the 2020 census. It is the principal city of the Midland Metropolitan Statistical Area, part of the larger Saginaw-Midland-Bay City Combined Statistical Area. The city is bordered by Midland Township, though the two are administered separately.
The Thumb is a region and a peninsula of the U.S. state of Michigan, so named because the Lower Peninsula is shaped like a mitten. The Thumb area is generally considered to be in the Central Michigan region, east of the Flint area and the Tri-Cities and north of Metro Detroit. The region is also branded as the Blue Water Area.
WEYI-TV is a television station licensed to Saginaw, Michigan, United States, serving the Great Lakes Bay Region of Central Michigan as an affiliate of NBC. Owned by Howard Stirk Holdings, WEYI-TV is operated by Sinclair Broadcast Group via a shared services agreement (SSA) alongside Flint–licensed Fox affiliate WSMH, owned by Sinclair, and Bay City–licensed CW affiliate WBSF, owned by Cunningham Broadcasting and operated by Sinclair under a separate SSA. The three stations share studios on West Pierson Road in Mount Morris Township ; WEYI-TV's transmitter is located in Vienna Township along the Genesee–Saginaw county line.
M-30 is a state trunkline highway in the U.S. state of Michigan that runs in a north–south direction from M-46 near Merrill to M-55 in West Branch. The highway runs through rural parts of five counties in the Lower Peninsula. The southern end runs along the Michigan Meridian and parallel to the Tittabawassee River. The southern end of the highway has been truncated twice and re-extended twice back to its pre-1962 extent.
The Frankenmuth Credit Union Event Center was a 2,500 seat multi-purpose arena in Birch Run, Michigan. However, it was sold to Camping World in November 2020 and is now one of their largest showrooms. Prior to 2002, it was the first NHL Skate center. Due to lack of interest, it was converted into an events center. It was also the home of the Great Lakes Storm from 2002 to 2005. Prior to being sold in 2020, it was operated by Oak View Group Facilities and used for trade shows, conventions and other events, such as gun and knife shows and music festivals.
The Cass River is a 61.5-mile-long (99.0 km) river in the Thumb region of the U.S. state of Michigan. It drains large portions of Sanilac and Tuscola counties and smaller portions of Genesee, Huron, Lapeer, and Saginaw counties.
Central Michigan, also called Mid Michigan, is a region in the Lower Peninsula of the U.S. state of Michigan. As its name implies, it is the middle area of the Lower Peninsula. Lower Michigan is said to resemble a mitten, and Mid Michigan corresponds roughly to the thumb and palm, stretching from Michigan's eastern shoreline along Lake Huron into the fertile rolling plains of the Michigan Basin. The region contains cities of moderate size, including Flint, Saginaw, and the state capital of Lansing. Generally Central, or "Mid", Michigan is defined by governmental organizations as an area North of Jackson, and South of Clare.
Michigan's 8th congressional district is a United States congressional district in Central Michigan. The district was first created in 1873, after redistricting following the 1870 census. From 2003 to 2013, it consisted of all of Clinton, Ingham, and Livingston counties, and included the southern portion of Shiawassee and the northern portion of Oakland counties. From 2013 to 2023, the district no longer covered Clinton or Shiawassee counties and instead covered more of Oakland County, including Rochester. In 2023, the district was redrawn to be centered on the city of Flint and the "Tri-Cities" metropolitan area around Saginaw, Midland, Bay City. The district includes all of Saginaw and Bay counties, almost all of Genesee County, and portions of Midland and Tuscola counties.
Water and Woods Field Service Council was a field service council of the Michigan Crossroads Council that served youth in the central and northeastern Lower Peninsula of Michigan. The Council was headquartered in Flint, Michigan, with service centers located in Auburn, Lansing, and Port Huron. The Water and Woods Field Service Council was the result of a merger in 2012 of Lake Huron Area Council, Blue Water Council, Tall Pine Council and Chief Okemos Council.
The Michigan Department of Health and Human Services (MDHHS) is a principal department of state of Michigan, headquartered in Lansing, that provides public assistance, child and family welfare services, and oversees health policy and management.
Frankenmuth Brewery is a brewery and restaurant in Frankenmuth, Michigan. It is one of the oldest breweries in Michigan. The business closed in 2003 and reopened in 2009.
The Saginaw Intermediate School District (SISD) is an intermediate school district in Michigan, headquartered in Saginaw.
The Saginaw–Midland–Bay City Combined Statistical Area is a United States metropolitan area defined by the federal Office of Management and Budget (OMB) surrounding the Saginaw Bay and Saginaw River. The region is a part of the larger area known as Mid/Central Michigan. It includes the smaller statistical areas of Saginaw, Midland, and Bay City.