Explore our Youth Accounts
Whether you're planning for your baby's first steps or your teen’s first job, it's never too early to build healthy money habits. At Michigan First, our youth savings and checking accounts are designed to grow with your child. These accounts make it simple, secure, and rewarding for your family to start saving for what’s next.
MoneyKids Savings Accounts
Help your child build smart saving habits early with a MoneyKids savings account, designed for kids 12 and under. With no monthly fee, competitive dividends, and access to free online and mobile banking, it’s a fun and easy way to start their financial journey.
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MoneyTeens Checking Accounts
The MoneyTeens checking account is designed for teens ages 13 to 17, giving them the freedom to manage their money while building smart financial habits. With a free debit card, access to over 30,000 surcharge-free ATMs, and online and mobile banking, it’s a secure and convenient way to support financial independence.
First Gear Checking Accounts
Designed for young adults ages 18 to 25, our account makes managing money easy, with no penalties for occasional overdrafts. Earn dividends on deposits, get a 1% discount on auto loans, and enjoy the freedom of mobile banking, a free debit card, and access to 30,000+ surcharge-free ATMs.
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Student Banking Days
We have partnered with several local schools to provide student-run banking days and access to financial education from an early age. Our student banking program offers practical, hands-on money management experience where students can volunteer as credit union team members to learn the behind-the-scenes operations of working at a credit union. Students will also make real deposits into a real savings account to watch their savings grow, and participate in discussions led by our financial experts to guide their financial journey.
Debit Card Designs
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.
