A place for your money to grow.
Earn dividends on checking and savings balances.
Your money will work overtime so you don't have to
The money in your savings and checking account isn't just sitting there waiting for you to use it. You're earning dividends every day. At Michigan First, we put your money to work for you, so you're always experiencing steady growth.
| APY1 | Dividend Rate | Daily Balance2 |
|---|---|---|
| 0.15% | 0.15% | $1 to $999 |
| 0.20% | 0.20% | $1,000 to $4,999 |
| 0.25% | 0.25% | $5,000 to $24,999 |
| 0.30% | 0.30% | $25,000 and up |
| APY1 | Dividend Rate3 | Daily Balance |
|---|---|---|
| 1.00% | 1.00% | $1 to $4,999 |
| 3.04% | 3.00% | $5,000 to $99,999 |
| 3.56% | 3.50% | $100,000+ |
| APY1 | Dividend Rate | Daily Balance |
|---|---|---|
| 0.15% | 0.15% | $1 to $4,999 |
| 0.25% | 0.25% | $5,000 and up |
| APY1 | Dividend Rate | Daily Balance |
|---|---|---|
| 0.00% | 0.00% | $1 to $10,000 |
| 0.25% | 0.25% | $10,000.01 and up |
| APY1 | Dividend Rate | Daily Balance |
|---|---|---|
| 0.00% | 0.00% | $1 to $2,499 |
| 0.75% | 0.75% | $2,500 to $4,999 |
| 0.85% | 0.85% | $5,000 to $24,999 |
| 1.71% | 1.70% | $25,000 to $99,000 |
| 2.02% | 2.00% | $100,000 to $199,999 |
| 2.48% | 2.45% | $200,000 to $499,999 |
| 2.53% | 2.50% | $500,000 and up |
| APY1 | Dividend Rate | Daily Balance |
|---|---|---|
| 0.20% | 0.20% | $1 to $2,499 |
| 0.20% | 0.20% | $2,500 – $9,999 |
| 0.35% | 0.35% | $10,000 – $24,999 |
| 0.40% | 0.40% | $25,000 and up |
| Product | APY1 | Dividend Rate | Daily Balance |
|---|---|---|---|
| 6 Month Certificate Account | 1.00% | 1.00% | $1,000 to $9,999 |
| 6 Month Certificate Account | 4.07% | 4.00% | $10,000 to $49,999 |
| 6 Month Certificate Account | 4.13% | 4.05% | $50,000 to $99,999 |
| 6 Month Certificate Account | 4.18% | 4.10% | $100,000 to $499,999 |
| 6 Month Certificate Account | 4.23% | 4.15% | $500,000 and up |
| 12 Month Certificate Account | 0.50% | 0.50% | $1,000 to $9,999 |
| 12 Month Certificate Account | 3.82% | 3.75% | $10,000 to $49,999 |
| 12 Month Certificate Account | 3.87% | 3.80% | $50,000 to $99,999 |
| 12 Month Certificate Account | 3.92% | 3.85% | $100,000 to $499,999 |
| 12 Month Certificate Account | 3.97% | 3.90% | $500,000 and up |
| 16 Month Certificate Account | 3.56% | 3.50% | $1,000+ |
| 24 Month Certificate Account | 0.75% | 0.75% | $1,000 to $9,999 |
| 24 Month Certificate Account | 2.78% | 2.75% | $10,000 to $49,999 |
| 24 Month Certificate Account | 2.84% | 2.80% | $50,000 to $99,999 |
| 24 Month Certificate Account | 2.89% | 2.85% | $100,000 to $499,999 |
| 24 Month Certificate Account | 3.04% | 3.00% | $500,000 and up |
| 36 Month Certificate Account | 0.85% | 0.85% | $1,000 to $9,999 |
| 36 Month Certificate Account | 3.04% | 3.00% | $10,000 to $49,999 |
| 36 Month Certificate Account | 3.09% | 3.05% | $50,000 to $99,999 |
| 36 Month Certificate Account | 3.14% | 3.10% | $100,000 to $499,999 |
| 36 Month Certificate Account | 3.20% | 3.15% | $500,000 and up |
| 48 Month Certificate Account | 0.95% | 0.95% | $1,000 to $9,999 |
| 48 Month Certificate Account | 3.30% | 3.25% | $10,000 to $49,999 |
| 48 Month Certificate Account | 3.35% | 3.30% | $50,000 to $99,999 |
| 48 Month Certificate Account | 3.40% | 3.35% | $100,000 to $499,999 |
| 48 Month Certificate Account | 3.45% | 3.40% | $500,000 and up |
| 60 Month Certificate Account | 1.00% | 1.00% | $1,000 to $9,999 |
| 60 Month Certificate Account | 3.56% | 3.50% | $10,000 to $49,999 |
| 60 Month Certificate Account | 3.61% | 3.55% | $50,000 to $99,999 |
| 60 Month Certificate Account | 3.66% | 3.60% | $100,000 to $499,999 |
| 60 Month Certificate Account | 3.71% | 3.65% | $500,000 and up |
| Product | APY1 | Dividend Rate | Daily Balance |
|---|---|---|---|
| 12 Month IRA Certificate | 3.04% | 3.00% | $1,000 to $9,999 |
| 12 Month IRA Certificate | 3.09% | 3.05% | $10,000 to $49,999 |
| 12 Month IRA Certificate | 3.14% | 3.10% | $50,000 to $99,999 |
| 12 Month IRA Certificate | 3.20% | 3.15% | $100,000 to $499,999 |
| 12 Month IRA Certificate | 3.25% | 3.20% | $500,000 and up |
| 24 Month IRA Certificate | 1.00% | 1.00% | $1,000 to $9,999 |
| 24 Month IRA Certificate | 1.06% | 1.05% | $10,000 to $49,999 |
| 24 Month IRA Certificate | 1.11% | 1.10% | $50,000 to $99,999 |
| 24 Month IRA Certificate | 1.16% | 1.15% | $100,000 to $499,999 |
| 24 Month IRA Certificate | 1.21% | 1.20% | $500,000 and up |
| 36 Month IRA Certificate | 1.51% | 1.50% | $1,000 to $9,999 |
| 36 Month IRA Certificate | 1.56% | 1.55% | $10,000 to $49,999 |
| 36 Month IRA Certificate | 1.61% | 1.60% | $50,000 to $99,999 |
| 36 Month IRA Certificate | 1.66% | 1.65% | $100,000 to $499,999 |
| 36 Month IRA Certificate | 1.71% | 1.70% | $500,000 and up |
| 48 Month IRA Certificate | 0.75% | 0.75% | $1,000 to $9,999 |
| 48 Month IRA Certificate | 0.80% | 0.80% | $10,000 to $49,999 |
| 48 Month IRA Certificate | 0.85% | 0.85% | $50,000 to $99,999 |
| 48 Month IRA Certificate | 0.90% | 0.90% | $100,000 to $499,999 |
| 48 Month IRA Certificate | 1.26% | 1.25% | $500,000 and up |
| 60 Month IRA Certificate | 0.85% | 0.85% | $1,000 to $9,999 |
| 60 Month IRA Certificate | 0.90% | 0.90% | $10,000 to $49,999 |
| 60 Month IRA Certificate | 0.95% | 0.95% | $50,000 to $99,999 |
| 60 Month IRA Certificate | 1.00% | 1.00% | $100,000 to $499,999 |
| 60 Month IRA Certificate | 1.51% | 1.50% | $500,000 and up |
1APY = Annual Percentage Yield. Minimum balances listed is to open an account and to earn the advertised APY. All dividends and APYs are accurate as of today, and subject to change at any time. Fees may reduce earnings on accounts. A penalty will be imposed for early withdrawal from Certificate Accounts. For current dividends, please contact us.
2 Minimum balance for Regular Savings Account is $10.00.
3 In order to qualify for the SavingsPlus dividend you must fulfill all the conditions below:
(a) Receive your monthly statements electronically. (b) Maintain a Michigan First Premier Checking Account. (c) Perform no more than 2 “in-person” and/or “mail-in” transactions a month. (d) Maintain a minimum of $400 deposited through Direct Deposit in any Michigan First account. (e) Use your Michigan First Debit Card 10 or more times a month for signature based purchases (transactions made online and over the phone as well as those for which you choose credit and sign the receipt are considered signature-based transactions). Debit transactions have to post within the month authorized in order to qualify for the SavingsPlus dividends. If you do not meet these conditions, you will receive the dividend shown under “Savings Plus (without bonus dividends)”
