Michigan Made Checking

 

It’s rewarding to be a Michigander — so we made a checking account that reflects that.

 

Rates

 

Key Features

  • No Monthly Service Fee
  • No Minimum Balance Requirement
  • Earn Rewards
  • Free Digital Banking
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How Does it Work?

You’ll be awarded points based on certain account activities and your relationship with us. Points are awarded each monthly cycle and determine your reward tier. Your reward tier dictates how much you’ll enjoy in dividends and ATM fee refunds. You can earn up to 5.25% APY and $10 in ATM fee refunds!*

 

Activities – Maximum 10 Points

1 point each for: 

  • eStatements
  • Use mobile banking or online banking within 60 days

2 points each for:

  • Direct deposit/auto bill pay
  • Debit card with 10-24 transactions per cycle
  • Credit card with 10-24 transactions per cycle

3 points each for:

  • Debit card with 25+ transactions per cycle
  • Credit card with 25+ transactions per cycle

Relationships – Maximum 6 Points

To earn points, loans and lines of credit must be in good standing and tied to Michigan Made Checking™.

3 points for ONE of the following:

  • Consumer Loans (auto loan, recreational loan, personal loan)
  • Home Equity Loan
  • Line of Credit (with balance)
  • Home Equity Line of Credit (with balance)

3 points for:

  • Mortgage Loan

Examples

If you were to have these products:

  • eStatements +
  • Used online banking +
  • Used your debit card 10 or more times +
  • Had a direct deposit coming into your account, or an automatic payment coming out of your account

You would be in the Michigan Tier, earning up to 2.00% APY AND up to $10 ATM fee refunds per month!*

If you were to have these products:

  • eStatements +
  • Used online banking or mobile banking +
  • Used your credit card 10 or more times +
  • Had a direct deposit coming into your account, or an automatic payment coming out of your account
  • Used your debit card 25 or more times +
  • Had an auto loan with us

You would be in the Superior Tier, earning you up to 5.25% APY AND up to $10 ATM fee refunds per month!*

For a full list of the tiers, check out the section below!

The Michigan Made Checking™ account features five reward tiers, named for our Great Lakes. Each reward tier offers varying interest rates with the opportunity to earn up to 5.25% APY and ATM fee refunds on select tiers.*

Reward Tier

Balances up to $10,000

 Balances up to $10,001-$20,000 Balances up to $20,001-$999,999,999 ATM FREE Refunds

Erie

0-1 Point

 0.00% APY* 0.00% APY* 0.00% APY*  

Ontario

2-3 Points

 0.25% APY* 0.25% APY* 0.05% APY*  

Huron

4-5 Points

 0.50% APY* 0.25% APY* 0.10% APY*  

Michigan

6-10 Points

 2.00% APY* 1.00% APY* 0.35% APY* Up To $10

Superior

11+ Points

 5.25% APY* 2.25% APY* 1.50% APY* Up To $10

 

 

View the Reward Tiers

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*APY = Annual Percentage Yield. APY is accurate as of February 22, 2023. This Account is subject to a Reward-based Tiered Fixed Rate. Rates subject to change. There are no recurring monthly service charges or fees to open or close this account. There is no minimum balance requirement. Rewards Checking Account allows you to control your interest rate reward based on the products/services used during each month. All daily collected balances will earn interest based on the combined rate rewards. Each monthly reward cycle will begin on the last business day of the preceding monthly statement cycle, and end on the day that immediately precedes the last day of the current month's statement cycle ("monthly reward cycle"). Earned reimbursements will post to Your Account on the last day of each statement cycle, subject to Your meeting the qualifying criteria during the preceding reward cycle. The APY shown on your monthly statement will reflect interest earnings for your entire balance. Interest will be calculated and posted on the last day of each month using an Average Daily Balance Method. If you close your account before interest is paid, you may not receive the accrued interest. Fees may reduce earnings. Limit one Michigan Made Checking Account per Social Security number. Debit cards based on eligibility. Loans based on approval. Membership eligibility guidelines apply.

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