Heroes' Reward Program

We believe that actions speak louder than words when it comes to showing our appreciation for the sacrifices made by our military community.

That's why we've created the Heroes' Rewards Program, which is exclusively designed to cater to the financial needs of our military and veteran members. Stay vigilant for the full array of benefits that this program will unveil. We stay committed to enriching the financial lives of those who serve and have served. 

 


Eligibility

Eligibility

  • Who Can Join: This program is exclusive to active duty, reserve, national guard, veterans, or retired military members.
  • Verification of Service: To qualify, present a Military ID, Retirement ID, DD214 document, or pay stubs for military pay.
  • Account Ownership: Eligibility requires you to be the primary account holder.
  • Direct Deposit: A salary or retirement direct deposit that is not military-specific must be posted to the checking account.
    This should add up to at least $1,100 every month.
  • Account Ownership: Your account must be in good standing without delinquencies or negative balances.
  • Approval based on creditworthiness and military affiliation. Terms and conditions apply.
Perks

Perks

  • Enhanced Interest Rates: Receive a significant 1% rate increase on all CDs, ensuring your savings not only grow but thrive.
  • Exclusive Loan Discount: Enjoy a substantial 1% discount* on loan rates, making financing more accessible for your personal and family needs.
  • Heroes’ Reward Visa Cards: Opt for our Heroes’ Visa Platinum with rates as low as 8.50% APR* with a special 3.99% introductory APR* on purchases and balance transfers for the first 90 days.*
  • More empowering features of the Heroes' Rewards Program are on the horizon. Stay tuned for a full deployment of benefits designed to honor your commitment.


MiLOC

Heroes' Reward CD Rates

Lock in higher returns for your future with CD rates that go above and beyond for those who’ve done the same for our country. Discover flexible lending that adapts to your ambitions and supports your financial freedom.

Certificates of Deposit
Effective Date: Tuesday, May 21st, 2024
TermMinimum BalanceInterest RateAPY*Military RateMilitary APY**
Save to Win (1 year) $25.00 2.960% 3.000% 3.9280% 4.000%
iSave Youth (1 Year) $25.00 2.960% 3.000% 2.9600% 3.000%
Six Month $500.00 2.472% 2.500% 3.4460% 3.500%
One Year $500.00 2.960% 3.000% 3.9280% 4.000%
Two Year $500.00 3.057% 3.100% 4.0250% 4.100%
Three Year $500.00 3.154% 3.200% 4.1210% 4.200%
Four Year $500.00 3.300% 3.350% 4.2660% 4.350%
Five Year $500.00 3.445% 3.500% 4.4100% 4.500%
*APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage.
**MILITARY APY: Qualified Military Members receive a 1% rate increase on all CDs, excluding iSave. Eligible members include Active Duty, Veterans, and Retirees. Direct deposit must be in the name of the military member. Direct deposit must be a minimum total of $1,100 per month and must also post to your checking account to qualify. Rates subject to change at any time without notice.
Military Status Verification: For non-members wishing to avail the military rate, verification of military status is required. Acceptable proof includes: Military ID, Retirement ID, Paystubs for military pay, or DD214 (Certificate of Release or Discharge from Active Duty). Terms and conditions apply.


VA Mortgage Loans

Heroes' Lending Advantage

We are proud to announce that as a token of our appreciation for the heroic acts of our country's defenders, we are offering a 1% Discount on consumer loans. This is our way of giving back to those who risk their lives to protect our nation. As a Hero, you're entitled to this discount on the following consumer loans:

  • Auto Loan
  • Boat, RV’s, Motorcycle, ATV’s
  • Home Equity Line of Credit
  • Personal Loan

New or Used Vehicles
Effective Date: Tuesday, May 21st, 2024
Model YearTermAPR* As Low AsMilitary APY**
New & Used Vehicle Up to 36 Months 5.990% 4.990%
  Up to 60 Months 6.240% 5.240%
  Up to 72 Months > $15k 6.490% 5.490%
  Up to 84 Months > $25k 7.240% 6.240%
  Up to 96 Months > $30k 7.490% 6.490%
*APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term, and other determining factors. The “as low as” rate of 5.99% APR includes discounts for Payment Protection coverage OR active checking with a full payroll direct deposit of $1,100 per month. Payment example: A loan of $20,000 at 5.99% APR for 60 months would have a monthly payment of $386.56. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
For additional terms, please contact our Lending department at 586-466-7800 opt. 3
MILITARY RATE DISCOUNT TERMS: Eligibility for a 1% rate discount on certain loan products, excluding Mortgages, Holiday Loans, Visa Cards, Business Loans, Courtesy Pay loans, and the Military Line of Credit. This offer is available to Active Duty, Veterans, and Retirees. To qualify, military members must establish direct deposits in their name totaling at least $1,100 per month into their checking account. Discount subject to qualification and can change without notice. Military Status Verification: Verification of military status is required. Acceptable proof includes Military ID, Retirement ID, Paystubs for military pay, or DD214 (Certificate of Release or Discharge from Active Duty). Terms and conditions apply.
**Military Status Verification: For non-members wishing to avail the military rate, verification of military status is required. Acceptable proof includes: Military ID, Retirement ID, Paystubs for military pay, or DD214 (Certificate of Release or Discharge from Active Duty). Terms and conditions apply.

 
 

Heroes' Reward Visa Cards

Introducing the Heroes’ Reward Visa Cards, specially crafted for our military community. Choose between Platinum and Classic options to fit your lifestyle.

  • Heroes' Visa Platinum Card: Enjoy an introductory rate of 3.99% APR for 90 days on purchases and balance transfers; thereafter, a competitive rate of 8.50% APR.*
     
  • Heroes' Visa Classic Card: Benefit from an introductory rate of 3.99% APR for 90 days on purchases and balance transfers; subsequently, a low rate of 11.90% APR.*

*APR = Annual Percentage Rate. Rates are subject to change. Terms and conditions apply. Qualification based on creditworthiness and military affiliation.


 

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How Do I Get Verified?

If you are not a member yet simply click the button below to join online, or schedule an appointment to visit one of our branches. If you are already a FreeStar Financial member please visit of of our locations to get verified as a military member in person.

Become a Member          Find a Branch         

Need assistance?  Call 586-466-7800 opt. 7.
Rates subject to change.


Veteran Resources

Effective May 1, 2014 veterans that have an honorable discharge (with the VA form DD214) can apply at the Secretary of State to have the “Veteran” designation added to their state ID or driver license.  Having this designation on their ID allows veterans to receive discounts available to them with ease as well as get them in contact with services that are only available to veterans. Please visit the Secretary of State’s website for more information.

Make a decision to start saving today by checking out the link below for Military Saves Week, the last week in February. Don't wait to start saving for your future. It begins with a small step today!

America Saves

Senate bill 352 recently passed says: (1) Real property used and owned as a homestead by a disabled veteran who was discharged from the armed forces of the United States under honorable conditions or by an individual described in subsection (2) is exempt from the collection of taxes under this act.

See if you qualify

U.S. Senator Gary Peters

Senator Gary Peters offers federal assistance to Michigan veterans by calling his Detroit office at 884-506-7420 or visit peters.senate.gov/services/help-with-a-federal-agency

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