M1 Deposit Rates
Checking Savings CDs Money Market IRAs
Checking Accounts
Effective Date: Friday, May 30th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Minimum Balance to Avoid Fee |
|---|---|---|---|---|
| M1 Checking | ||||
| $1-$10,000 | 2.96% | 3.00% | $50 | $0 |
| Business Checking | ||||
| $50,000+ | 0.10% | 0.10% | $50 | $0 |
| Business Interest | ||||
| $1,500-$50,000 | 0.05% | 0.05% | $50 | $0 |
| Your prospective dividend rate and annual percentage yield will equal the highest rate tier matching your daily balance and will be paid on the entire balance in your account. The dividend period is monthly. The dividend rate and annual percentage yield may change every month as determined by your board of directors. | ||||
All Shares
Effective Date: Friday, May 30th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend |
|---|---|---|---|---|
| $100 - $49,999 | 0.01% | 0.01% | $5 | $100 |
| $50,000 & over | 0.05% | 0.05% | $5 | $100 |
Certificate of Deposit and IRA Certificate of Deposit
Effective Date: Friday, May 30th, 2025
| Length of Maturity | Minimum Opening Balance | Dividend Rate (as APR) | Annual Percentage Yield |
|---|---|---|---|
| Minor CD Special | |||
| 60 months | $100 Min/$5000 Max | 5.00% | 5.12% |
| Regular CDs | |||
| 6 months | $500 | 3.64% | 3.70% |
| 12 months | $500 | 3.69% | 3.75% |
| 24 months | $500 | 3.79% | 3.85% |
| 36 months | $500 | 3.88% | 3.95% |
| 48 months | $500 | 3.88% | 3.95% |
| 60 months | $500 | 3.88% | 3.95% |
The dividend rates and annual percentage yields were current as of the effective date above. Please call for current yields. Dividends are paid on your daily balance and the dividend period is monthly. Fees may lower earnings, additional information can be found in our Truth in Savings account disclosure and Fee Schedule. | |||
Money Market Manager
Effective Date: Friday, May 30th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Balance to Avoid Fee |
|---|---|---|---|
| $1,000 - $24,999 | 1.69% | 1.70% | $1,000 |
| $25,000-$49,999 | 2.28% | 2.30% | $1,000 |
| $50,000 - $99,999 | 2.72% | 2.75% | $1,000 |
| $100,000 - $249,999 | 3.01% | 3.05% | $1,000 |
| $250,000 & over | 3.30% | 3.35% | $1,000 |
IRA Savings
Effective Date: Friday, May 30th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Min. Balance to Earn Dividend |
|---|---|---|---|
| $100 & over | 0.25% | 0.25% | $100 |
Member Deposits Only
Michigan One Community Credit Union accepts member deposits only, and does not accept institutional or broker deposits.
