First Gear Checking Account

A checking account built for your first steps toward financial independence.

Built for young adults

Overdraft forgiveness

Checking that keeps up with you.

Whether you’re finishing high school, starting college or trade school, beginning your career, or taking on more financial responsibility, First Gear Checking gives you everyday banking tools designed for this stage of life.

Manage purchases, bills, deposits, and account activity while building the habits that can help you become more confident with your money.

First Gear Account benefits

Mastercard® debit/ATM card
More than 30,000 surcharge-free ATMs nationwide
Online and mobile banking
Electronic bill pay
Unlimited check writing
24/7 support through 365 Live
MoneyNow Overdraft Protection
Oops Overdraft Forgiveness
1% discount on eligible auto loans
Dividends on qualifying balances

A little more room while you learn

Managing a checking account takes practice. An unexpected charge or timing mistake can happen, especially when you are still learning how paychecks, bills, purchases, and account balances work together.

First Gear includes Oops Overdraft Forgiveness to provide added flexibility for an occasional overdraft while you build stronger everyday money habits.

First Gear Checking rates

First Gear Checking may earn dividends based on your account balance. Review current rates and APYs below.

Effective Date: 7/1/2026
APY	Dividend Rate	Daily Balance
0.00%	0.00%	$1 to $10,000
0.25%	0.25%	$10,000.01 and up

Banking wherever life takes you

Use Michigan First Online Banking and the Mobile App to check balances, review transactions, pay bills, transfer money, and manage your account wherever you are.

You’ll also have access to more than 30,000 surcharge-free ATMs nationwide, including more than 1,600 in Michigan.

Frequently asked questions

View All FAQs

Where can I use my Michigan First debit card without paying an ATM surcharge?

Michigan First members have access to approximately 30,000 surcharge-free ATMs nationwide through the CO-OP ATM network, including more than 1,600 in Michigan. Use Michigan First’s location finder or the Michigan First mobile app to find a participating ATM near you. The owner of an ATM outside the network may charge a fee.

What checking accounts does Michigan First Credit Union offer?

Michigan First offers Premier Checking, Classic Checking, and First Gear Checking. Premier Checking is designed for convenient everyday money management, Classic Checking provides a straightforward option for members establishing their banking relationship, and First Gear Checking is designed for young adults ages 17-25. Compare Michigan First checking accounts to find the option that fits your needs.

Does Michigan First offer a checking account with no monthly fee?

Yes. Michigan First offers checking account options with no monthly maintenance fee, including Premier Checking and First Gear Checking. Account features and eligibility requirements vary, so review each option before opening an account.