Our Very Best Savings Rate Yet!

For a limited time, you can earn 10.00% APY¹ on SavingsPlus account balances up to $5,000! Whether you're opening a new account or are already saving with us, it's an easy way to make your money work harder.

Who qualifies for a SavingsPlus account?

If you limit your trips to our branches, do most of your banking digitally, and sign up for direct deposit, you can earn our highest dividends with a SavingsPlus account. It's an easy way to put more money in your pocket, just for banking online.

SavingsPlus accounts offer great benefits, including:

• Earn higher dividends when you make $400 or more in monthly direct deposits and meet other criteria²
• Free Mastercard® debit/ATM card
• Access to over 30,000 surcharge-free ATMs (over 1,600 in Michigan)
• Free online and mobile banking
• 24/7 member service through our 365 Live Call Center
• Receive electronic e-statements
• Pay bills electronically (must have a savings account as well)
• No monthly fee*
• Provide Overdraft Coverage for your checking account
• Must be 18 or older to open an account. Ages 13-17 can open an account with a parent or guardian

_{*A $100 aggregate balance must be maintained across all Michigan First accounts after the first three months of membership in order to avoid a monthly minimum balance fee. View our fee schedule.}
 

To learn more or to open an account, visit a branch or call our 365 Live Team any time at 800.664.3828.


SavingsPlus account dividends (with bonus dividends)

APY1	Daily Balance
10.00%	$1 to $5,000
2.25%	$5,001 to $99,999
3.00%	$100,000+

 

_{¹APY = Annual Percentage Yield. Minimum balances listed is to open an account and to earn the advertised APY. All dividends and APYs are accurate as of today, and subject to change at any time. Fees may reduce earnings on accounts. For current dividends , please contact us.}

_{² In order to qualify for the SavingsPlus dividends you must fulfill all the conditions below:
(a) To qualify for bonus dividends, members must be enrolled in e-statements for both account and credit card statements. (b) Maintain a Michigan First Premier Checking Account. (c) Perform no more than 2 “in-person” and/or “mail-in” transactions a month. (d) Maintain a minimum of $400 deposited through Direct Deposit into the same account where they have SavingsPlus, Premier Checking, or a Credit Card. (e) Use your Michigan First Debit Card 10 or more times a month for signature based or PIN-based purchases (transactions made online and over the phone as well as those for which you choose credit and sign the receipt are considered signature-based transactions); OR use your Michigan First Rewards Credit Card 12 or more times a month for merchant purchase transactions. ATM transactions with either card type do not qualify. In order to qualify for the bonus SavingsPlus dividends rate, Debit transactions have to post within the month authorized; Credit transactions will be counted from the prior month's statement cycle. Each member may own and maintain only one (1) SavingsPlus Account. Michigan First Credit Union reserves the right to close, consolidate, or convert any additional SavingsPlus Account opened in excess of this limitation.}