The longer you invest, the more your money grows.
Choose your savings window and experience strong returns.
Higher earnings
Variety of savings terms
Tiered Dividend Rates
Certificate Accounts guarantee your savings will grow
You've set some ambitious long-term savings goals. Sometimes risky investments aren't the best option. When you need a guaranteed rate of return, a Certificate Account is the safest answer. You can set aside money for six months, five years, or somewhere in between. With guaranteed returns (as long as you don't make an early withdrawal), you will end up with more money than when you started.
- Certificate Accounts range from six months to five years
- Dividends exceed those of most traditional savings accounts
- Generally, the longer the term, the higher the dividends
- Minimum opening deposit of $1,000
- With our Certificate Account tiers, larger balances can earn higher returns
Certificate Account Dividends
| 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 |
1APY = Annual Percentage Yield. Minimum balances listed is to open an account and to earn the advertised APY. All rates 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.
Michigan First is a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.
Michigan First Credit Union Offers Peace of Mind with $500,000 Coverage!
At Michigan First, we go the extra mile for our members by making sure your money is protected. Deposits at Michigan First Credit Union are federally insured up to $250,000 by the National Credit Union Administration (NCUA). To further protect your deposits, Michigan First provides additional coverage through Excess Share Insurance (ESI), creating a combination of federal and private share deposit insurance that protects your deposits for a total of $500,000 — including savings accounts, checking accounts, money market accounts, and certificate accounts.
This combination of NCUA and ESI coverage ensures that:
- All individual savings, checking and certificate accounts held by the same member are added together and insured up to $250,000 by the NCUA and an additional $250,000 by ESI.
- All joint accounts held by the same member are added together and insured up to $250,000 by the NCUA and an additional $250,000 by ESI.
- All IRA accounts held by the same person are added together and insured up to $250,000 by the NCUA and an additional $250,000 by ESI.
Both ESI and NCUA offer coverage payable upon failure and liquidation of the credit union. In order to continue providing the expanded protection, Michigan First adheres to strict underwriting criteria and reports monthly to ESI. If you have questions regarding this valuable member benefit, please call 800.664.3828.
