Current Fees for Accounts and Services
Michigan First is committed to keeping account and service fees clear and easy to understand. As a not-for-profit credit union, we return earnings to our members through better rates, lower fees, and investments in the products and services they use every day.
All fees listed are effective as of January 1, 2026.
Use MoneyPerks® Points Toward Eligible Fees
Eligible members may use MoneyPerks® points to cover certain banking fees. The number shown in the MoneyPerks column indicates how many points are required for that service.
|
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 | Safe Deposit Box 10x10 | 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.