Experience the credit union advantage
Enjoy the freedom and financial flexibility of lower fees by banking with a credit union, like us.
As a not-for-profit credit union, Michigan First isn't looking to make a profit. Instead, we pour extra revenue back into our daily operations, to the financial benefit of our members. One way we look out for you is by setting lower fees for a wide range of services.
All fees are effective as of January 1, 2026.
| ATM/Debit Cards | Costs | MoneyPerks Points |
|---|---|---|
| Card Replacement-Lost/Stolen | $12 | 3,000 |
| Foreign Transaction | 1% of each transaction in U.S. dollars | N/A |
| MoneyNow® Debit Card Transaction | $19 | 2,500 |
| Non-Sufficient Funds (NSF)** | $31 | 4,000 |
| PIN Reorder | $2 | 500 |
| Rush Card | $30 card + additional $30 to rush PIN | 4,000 card + additional 4,000 to rush PIN |
| ATM Transaction Fees | Costs | MoneyPerks Points |
| All Michigan First/CO-OP ATMs | Free | N/A |
| All Other ATM Networks | $2.50 | 700 |
| MoneyNow® ATM-Up to Each $500 Increment | $29 | 3,800 |
| Surcharge for Non-CO-OP Network Transactions at Michigan First ATMs | $5 | N/A |
| Certificate Services | Costs | MoneyPerks Points |
| Certificate Account Early Withdrawal Penalty |
Through 1 Year: 90 days of dividends Over 1 year: 180 days of dividends |
N/A |
| Credit Card | Costs | MoneyPerks Points |
| Card Replacement-Lost/Stolen | $12 | 3,000 |
| Cash Advance | 3% of advance, minimum $10 | N/A |
| Credit Card Late Payment | $25 | N/A |
| Foreign Transaction | 1% of each transaction in U.S. Dollars | N/A |
| NSF (Returned Payment) | $25 | 4,000 |
| Rush Card | $47 card + additional $30 to rush PIN | 6,000 card + additional 4,000 to rush PIN |
| Secured Credit Card-Annual Fee | $50 | N/A |
| Checking Accounts | Costs | MoneyPerks Points |
| Check Copy | $5 | 1,000 |
| Check Printing and Reorders | Varies | 4,000 |
| Classic Checking | $20/month | N/A |
| MoneyNow® Checks Not Negotiated Through Teller | $19 | 2,500 |
| Any MoneyNow® Transactions Negotiated Through Teller- Up to Each $500 Increment |
$29 | 3,800 |
| MoneyNow® Zelle® Transaction-Up to Each $500 Increment | $29 | 3,800 |
| Non-Sufficient Funds (NSF)** | $31 | 4,000 |
| NSF Return-Deposited Check |
With Ownership in Drawing Account: $31 Without Ownership in Drawing Account: Free |
4,000 |
| Overdraft Transfer from Savings | 1 free/month, $4 each additional | 900 |
| Stop Payment | $31 | 4,000 |
| Zelle® Transactions | Free | N/A |
| Loan Programs | Costs | MoneyPerks Points |
| Delinquent Loan/Late Fee | 20% of delinquent interest (10 day grace period) |
N/A |
| Extension Agreement | $40 | 5,000 |
| NSF Loan Payment** | $31 | 4,000 |
| Refinance Program-Soft Credit Pull | $25 | N/A |
| Refinance Program-Loan Modification | $1-$10,000: $99 $10,001-$25,000: $199 $25,001-$50,000: $299 $50,000+: $399 |
N/A |
| Additional Skip-A-Pay for Eligible Loans | $40 $60 home equities |
5,000 most loans 7,000 home equities |
| General Services | Costs | MoneyPerks Points |
| Account History-From Staff, No Limit on Pages | $5 each | 1,000 |
| Account/Loan Number Change, Member Request | $50 | 6,000 |
| Account Reopening Within One Year of Closing | $50 | N/A |
| Account Reopening After Charge Off | $50 | N/A |
| Account Research-Members | $25/hour | N/A |
| Account Research-Outside Agencies | $50/hour | N/A |
| Cash Advance-Another Financial Institution Card | $5 | 1,000 |
| Foreign Checks-Collection Items | $10 + bank charges | N/A |
| Levies and Garnishments | $100 | N/A |
| Minimum Balance Fee* (After 3 Months) | $3/month | 800 |
| MoneyGram Money Orders | $3 | 800 |
| MoneyGram Money Orders - Stop Payment | $31 | 800 |
| Non-Member Cash Advance | $10 | N/A |
| Non-Member Check Cashing | $10 | N/A |
| Official Check | $3 | 800 |
| Official Check Copy | $5 | 1,000 |
| Official Check Stop Payment | $31 | 4,000 |
| Phone Transfer Within Own Account Via Call Center | $1 | 250 |
| Phone Transfer/Payment From External Account | $5 | 1,000 |
| Safe Deposit Box 3x5 | $40/year | 5,000 |
| Safe Deposit Box 3x10 | $55/year | 7,000 |
| Safe Deposit Box 5x10 | $90/year | 12,000 |
| Safe Deposit Box 10x10 | $120/year | 17,000 |
| Safe Deposit Box Drilling | $200 | N/A |
| Safe Deposit Box Lost Key | $20 | N/A |
| Sales Receipt Copy (ATM/Debit & Credit Card) | $5 | 1,000 |
| Service Centers/Shared Branch | $4/ teller cash withdrawal | 900 |
| Statement Copy-No Limit on Pages | $5 each | 1,200 |
| Unclaimed Property Fee | $50 | N/A |
| Undeliverable Mail/Returned | $5 | 1,000 |
| Verification of Deposits | $10 | N/A |
| ACH Electronic Funds | Costs | MoneyPerks Points |
| Manual Posting of an ACH Item | $20/item for manual request after 60 day account change | N/A |
| MoneyNow® ACH Transactions | $19 | 2,500 |
| Returned ACH** | $31 | 4,000 |
| Stop Payment | $31 | 4,000 |
| Wire Transfers-Incoming | Free | N/A |
| Wire Transfers-Outgoing Domestic | $25 | 3,500 |
| Wire Transfers-Outgoing International | $50 | 7,000 |
*Fee applies if aggregate balance falls below $100 in any month after 3 months. Fee waived for minors and First Gear accounts.
**Fee will be assessed each time the item is presented for payment; the credit union has no control over how many times an item is presented to us for payment.
