Set your sights on a better tomorrow with accounts that match your goals
What does the future hold? Plenty of exciting opportunities, and possibly a challenge or two. Through personalized advice and a commitment to hearing your story, we'll get you into the right account and tailor a savings plan and financial experience specifically for you.
Savings Account |
SavingsPlus Account |
Money Market Account |
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A smart savings plan that can put your finances on track to reach your goals, providing the foundation for a future full of possibilities and the ability to tackle occasional challenges.
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A savings account to grow your money faster by offering a higher dividend rate on accounts for those who prioritize online banking, limit branch visits, and sign up for direct deposit.
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A savings account to take your savings to the next level. Offering convenient access to funds through ATMs, online banking, the mobile app, or branches whenever needed.
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| Earn Competitive Dividends on Deposits |
Yes |
Yes |
Yes |
No Monthly Fee* |
Yes |
Yes |
Yes |
| Overdraft Coverage from Checking Account |
Yes |
Yes |
Yes |
Learn More |
Learn More |
Learn More |
No Monthly Fee* Yes Overdraft Coverage from Checking Account
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No Monthly Fee* Yes Overdraft Coverage from Checking Account
Learn More
No Monthly Fee* Yes Overdraft Coverage from Checking Account
Learn More
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.