M1 Deposit Rates
Checking Savings CDs Money Market IRAs
Checking Accounts
Effective Date: Thursday, August 14th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| M1 Checking | |||||
| $1 to $10,000 | 2.96% | 3.00% | $50 | N/A | $0 |
| Business Checking | |||||
| $1,500 to $50,000 | 0.05% | 0.05% | $50 | N/A | $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: Thursday, August 14th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| $100 - $49,999 | 0.01% | 0.01% | $5 | $1,257 | $0 |
| $50,000 & over | 0.05% | 0.05% | $5 | $1,257 | $0 |
Certificate of Deposit and IRA Certificate of Deposit
Effective Date: Thursday, August 14th, 2025
| Length of Maturity | Minimum Opening Balance | Dividend Rate (as APR) | Annual Percentage Yield | Min. Balance to Earn Dividend |
|---|---|---|---|---|
| CD Special | ||||
| 3 Months | $500 | 3.93% | 4.00% | $5 |
| Minor CD Special | ||||
| 60 months | $100 Min/$5000 Max | 5.00% | 5.12% | $5 |
| Regular CD's | ||||
| 6 months | $500 | 3.64% | 3.70% | $5 |
| 12 months | $500 | 3.69% | 3.75% | $5 |
| 24 months | $500 | 3.79% | 3.85% | $5 |
| 36 months | $500 | 3.88% | 3.95% | $5 |
| 48 months | $500 | 3.88% | 3.95% | $5 |
| 60 months | $500 | 3.88% | 3.95% | $5 |
Money Market Manager
Effective Date: Thursday, August 14th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| $1,000 - $24,999 | 1.49% | 1.50% | $5 | $120 | $1,000 |
| $25,000-$49,999 | 2.08% | 2.10% | $5 | $120 | $1,000 |
| $50,000 - $99,999 | 2.48% | 2.50% | $5 | $120 | $1,000 |
| $100,000 - $249,999 | 2.82% | 2.85% | $5 | $120 | $1,000 |
| $250,000 & over | 3.01% | 3.05% | $5 | $120 | $1,000 |
IRA Savings
Effective Date: Thursday, August 14th, 2025
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| $100 & over | 0.25% | 0.25% | $5 | $100 | $0 |
Member Deposits Only!
Michigan One Community Credit Union accepts member deposits only, and does not accept institutional or broker deposits.
