SavingsPlus Account

Make your money grow even faster.

Earn our highest dividends by using digital banking tools.

Earn more on your deposits
Save time and energy with direct deposit
Free online and mobile banking

Take a big step toward building your savings

Michigan First has turned digital banking into a convenient and profitable experience. If you limit your trips to our branches, do most of your banking online, and sign up for direct deposit, you'll be rewarded with a higher dividend rate on your account. It's an easy way to put more money in your pocket, just for banking online.

  • Earn higher interest rates when you make $400 or more in monthly direct deposits and meet other criteria3
  • Free Mastercard® debit/ATM card
  • Access to over 30,000 surcharge-free ATMs (over 1,600 in Michigan)
  • Free online and mobile banking
  • 24/7 member service through our 365 Live Call Center
  • Receive electronic e-statements
  • Pay bills electronically (must have a savings account as well)
  • No monthly fee*
  • Provide Overdraft Coverage for your checking account
  • Must be 18 or older to open an account. Ages 13-17 can open an account with a parent or guardian

*A $100 aggregate balance must be maintained across all Michigan First accounts after the first three months of membership in order to avoid a monthly minimum balance fee. View our fee schedule.

SavingsPlus Account Rates

APY1 Dividend Rate3 Daily Balance
0.65% 0.65% $1 to $4,999
0.80% 0.80% $5,000 and up

SavingsPlus Account Rates (Without Bonus Rate)

APY1 Dividend Rate Daily Balance
0.15% 0.15% $1 to $4,999
0.25% 0.25% $5,000 and up

Michigan First is a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.