Build your future with smart investing.
Whether you're growing your savings with a Money Market account, securing steady returns with Certificates of Deposit, or planning for retirement with an IRA, M1 offers investment options to fit your goals.
Investment Accounts
More Ways To Earn
Money Market
M1's Money Market account automatically rewards you with higher rates when your balance increases, with five interest rate tiers. Plus, you have the flexibility to make a limited number of withdrawals by check. With an M1 Money Market account, your money works hard, and it’s readily available at the same time.
- Five interest rate tiers: $1,000, $25,000, $50,000, $100,000, and $250,000, with monthly compounding.
- Up to six withdrawals per month by check. First order of 50 checks Free.
- 24/7 phone and i.Teller transfers and inquiries, for transaction limits click here.
- $1000 minimum balance. Please keep your balance above the minimum to earn interest and avoid a $10 fee per month.
Stop by one of our Offices to open a Money Market account today!
Can't make it into an Office? No problem, we can open your account over the phone. Call us today! (616) 527-3900.
Certificate of Deposit (CD)
CDs are a set-it-and-forget-it kind of investment. You deposit funds for a set length of time, earning more interest than a savings account, and with no financial risk. CDs are as safe as it gets. CDs are great for extra funds you have on hand that you don’t expect access during the investment period. CDs can be rolled over at term’s end, or cashed out.
We offer a variety of terms and deposit amounts for CDs.
Individual Retirement Accounts (IRAs)
Save for your retirement or start an education fund for the important students in your life. With Individual Retirement Accounts (IRAs) from M1, you know we have the options you need from your trusted credit union. M1 also offers Easy IRA Rollover Services!
Traditional IRA
A Traditional IRA is a vehicle for creating a retirement fund with the benefit of deferred taxation. Typically, current taxes are reduced by creating a deduction equal to the amount of the contribution. The long-term benefit is to reduce the taxes paid on the contribution and earnings by withdrawing the funds at a time when the member has a lower tax rate.
Roth IRA
Like a Traditional IRA, the Roth IRA offers members a way to set aside funds for retirement. However, contributions to a Roth IRA are not tax deductible. The benefit of a Roth IRA is the member’s investment earnings may be withdrawn tax free if all the required conditions are met.
Coverdell Education Savings Account
The Coverdell Education Savings Account provides incentive for parents and students to save for education. Contributions are not tax deductible. Earnings on contributions will be distributed tax free, provided that they are used to pay the beneficiary’s elementary or secondary school or college education expenses, such as tuition, books, and fees at an eligible educational institution.
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