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Current Rates

deposit Rates

Savings Accounts
Effective Date: Tuesday, February 21st, 2017
Account TypeRate*APY**Minimum
Savings Accounts 0.10% 0.10% $5.00
Special Secondary Savings Accounts 0.10% 0.10% n/a
Holiday & Vacation Club Accounts 0.10% 0.10% n/a
Traditional Checking n/a n/a n/a
Green Checking 0.25% 0.25% n/a
Green Checking Bonus Dividend*** 1.75% 1.75% n/a
Individual Retirement Accounts (IRA) 0.25% 0.25% n/a
*Minimum balance must be met to earn dividend. **Annual Percentage Yield
***To receive the Green Checking bonus dividend, member must perform a minimum of 15 signature-based and/or POS debit card transactions per month and sign up for Online Banking, Bill Pay, e-Statements and Direct Deposit. Effective 7.1.13, the 1.75% APY bonus dividend earned on Green Checking when monthly requirements are met, will be paid on the first $25,000 in balances. The base dividend of .25% APY will be earned on the entire account balance.


Advantage Checking Accounts
Effective Date: Tuesday, February 21st, 2017
MinimumRate*APY**
$5,000.00 0.15% 0.15%
$25,000.00 0.25% 0.25%
$50,000.00 0.25% 0.25%
*Minimum balance must be met to earn dividend. **Annual Percentage Yield

 
Money Market Accounts
Effective Date: Tuesday, February 21st, 2017
MinimumRate*APY**
$2,500.00 0.25% 0.25%
$10,000.00 0.30% 0.30%
$25,000.00 0.35% 0.35%
$50,000.00 0.70% 0.70%
$100,000.00 0.75% 0.75%
$250,000.00 0.80% 0.80%
*Minimum balance must be met to earn dividend.The Money Market Account is a Tiered Rate account. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account. For all tiered rate accounts, once a particular range is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. This account pays dividends on the average daily balance, which are credited monthly  **Annual Percentage Yield



Term Share Accounts
Effective Date: Tuesday, February 21st, 2017
TermRateAPY**

3-Month Term Share Account* 0.15% 0.15%
6-Month Term Share Account/ IRA Term Share Account * 0.15% 0.15%
9-Month Term Share Account * 0.20% 0.20%
12-Month Term Share Account/ IRA Term Share Account * 0.30% 0.30%
18-Month Term Share Account/ IRA Term Share Account * 0.45% 0.45%
24-Month Term Share Account/ IRA Term Share Account * 0.60% 0.60%
30-Month Term Share Account * 0.75% 0.75%
36-Month Term Share Account/ IRA Term Share Account * 0.90% 0.90%
48-Month Term Share Account/ IRA Term Share Account * 1.48% 1.50%
60-Month Term Share Account/ IRA Term Share Account * 1.73% 1.75%
*Minimum balance of $1,000.00. **Annual Percentage Yield

Early withdrawal penalties and fees may apply. Please see our Term Share disclosure. Click here for TIS Term Share Disclosure
 

Consumer Loans

New Cars, Trucks, & Vans
Effective Date: Tuesday, February 21st, 2017
TermAPR* as low as**MaximumMinimum
24 Months 2.69%    
36 Months 2.69%    
48 Months 2.69%    
60 Months 2.69%    
72 Months 3.19%    
84 Months 3.69%    
*APR=Annual Percentage Rate. ** No Money Down.

Click here for the Auto Loan Calculator

 

Used Cars, Trucks, & Vans 2012 & Newer
Effective Date: Tuesday, February 21st, 2017
TermAPR* as low as**MaximumMinimum
24 Months 2.69%    
36 Months 2.69%    
48 Months 2.69%    
60 Months 2.69%    
72 Months 3.19%    
*APR=Annual Percentage Rate. ** No Money Down.

Click here for the Auto Loan Calculator

 

Used Cars, Trucks, & Vans 2006-2011
Effective Date: Tuesday, February 21st, 2017
TermAPR as low asMaximumMinimum
24 Months 3.19%    
36 Months 3.19%    
48 Months 3.19%    
60 Months 3.19%    
*APR=Annual Percentage Rate. ** No Money Down.

Click here for the Auto Loan Calculator

 

New Motorcycles
Effective Date: Tuesday, February 21st, 2017
TermAPR as low as*MaximumMinimum
24 Months 5.00%    
36 Months 5.00%    
48 Months 5.00%    
60 Months 5.00%    
72 Months 6.00%    
84 Months 6.75%    
*APR = Annual Percentage Rate.

Click here for Loan Calculator 

 

Used Motorcycles
Effective Date: Tuesday, February 21st, 2017
TermAPR as low as*MaximumMinimum
24 Months 5.25%    
36 Months 5.25%    
48 Months 5.25%    
60 Months 5.25%    
*APR = Annual Percentage Rate.

Click here for Loan Calculator

 

New Recreational Vehicles
Effective Date: Tuesday, February 21st, 2017
TermAPR* as low as**MaximumMinimum
24 Months 6.00%    
36 Months 6.00%    
48 Months 6.00%    
60 Months 6.00%    
72 Months 7.00%    
84 Months 8.00%    
*APR=Annual Percentage Rate. ** Maximum Loan-to-Value is 80%.

Click here for the Auto Loan Calculator

 

Used Recreational Vehicles
Effective Date: Tuesday, February 21st, 2017
TermAPR* as low as**MaximumMinimum
24 Months 6.25%    
36 Months 6.25%    
48 Months 6.25%    
60 Months 6.25%    
72 Months 7.25%    
84 Months 8.25%    
*APR=Annual Percentage Rate. ** Maximum Loan-to-Value is 80%.

Click here for the Auto Loan Calculator

 

New & Used ATV, ORV, Boats, Trailers, & Other Collateral
Effective Date: Tuesday, February 21st, 2017
TermAPR as low as*MaximumMinimum
24 Months 7.00%    
36 Months 7.00%    
48 Months 7.00%    
60 Months 7.00%    
*APR=Annual Percentage Rate.

Click here for the Loan Calculator

 

Line-of-Credit Loans
Effective Date: Tuesday, February 21st, 2017
Card TypeAPR*Notes
MasterCard Platinum Credit Card as low as 8.50% Fixed APR, 25-Day Grace Period on Purchases/Min. $500
*APR=Annual Percentage Rate.

Click here for Loan Calculator

 

Unsecured Loans
Effective Date: Tuesday, February 21st, 2017
ProductAPR* as low asMaximum
Signature 7.00% 24 Months
Signature 7.50% 36 Months
Signature 8.00% 48 Months
Signature 8.50% 60 Months
*APR=Annual Percentage Rate.

Click here for Loan Calculator

 

Other Secured Loans
Effective Date: Tuesday, February 21st, 2017
ProductRate
Share-Secured 3.00% (300 basis points) Over the Dividend Rate on the Term Share*
Term Share-Secured 3.00% (300 basis points) Over the Dividend Rate on the Term Share*
*Loan term limited to remaining term on Term Share Account

Rates are subject to change without notice.  Rates shown may not apply to every borrower.  Other rates and terms available.  See Member Service for details.

Click here for Loan Calculator

 

Home Equity Loans

Home Equity Fixed-Term Loan
Effective Date: Tuesday, February 21st, 2017
TermAPR as low asMaximumMinimum
1-5 Years 4.15% $200,000.00 $5,000.00
6-10 Years 4.20% $200,000.00 $5,000.00
11-15 Years 4.25% $200,000.00 $5,000.00
*APR=Annual Percentage Rate.

Click here for Loan Calculator

Home Equity Line-of-Credit
Effective Date: Tuesday, February 21st, 2017
APR as low as*MaximumMinimum
4.50% $200,000.00 $5,000.00
* variable rate with Total Loan-to-Value equal to 70% or less

Rates are subject to change without notice.  Rates shown may not apply to every borrower.  Other rates and terms available.  See Member Service for details.

Click here for Loan Calculator

 

Home Mortgage Loans

Mortgage Programs
Effective Date: Tuesday, February 21st, 2017
Mortgage ProgramsRate/Fee Schedule
30-Year Fixed-Rate Mortgage* Call for details! 517.990.3733
20-Year Fixed-Rate Mortgage* Call for details! 517.990.3733
15-Year Fixed-Rate Mortgage* Call for details! 517.990.3733
Application Fee is non-refundable, due at time of application. Each 1% (of Loan Amount) buys down rate 1/4 of 1% on fixed-rate loan products. APR based on a down payment of 20% of the sales price or appraised value, whichever is less.

Click here for Loan Calculator

 

Mortgage Fee Schedule
Effective Date: Tuesday, February 21st, 2017
Fee Schedule*Amount
Application Fee $450.00
Origination Fee $575.00

Click here for Loan Calculator

 

Other Mortgage Programs
Effective Date: Tuesday, February 21st, 2017
ProductRate/Fee Schedule
Vacant Land Loan Call for details! 517.990.3733
Construction Loan Call for details! 517.990.3733

Above fees are in addition to out-of-pocket expenses.  Rates are subject to change without notice.  Please contact our Mortgage Department for details.

Click here for Loan Calculator

 

Fee Schedule

Checking Account Fees (applicable to all accounts)
Effective Date: Tuesday, February 21st, 2017
ItemFee
Non-Sufficient Fund (NSF) $30.00/Item
Courtesy Pay Fee** $30.00/Item
Deposited Item Return $30.00/Item
Stop Payment $30.00/Item
Share Transfer $12.00/Item
Check Printing Price varies
Express Business Checking Accounts $5.00/Month w/225 items per stmt. &$.50/Item over 225 items
Elite Business Checking Accounts $12.00/Month if average daily balance falls below min. bal. requirement & $.25/Item over 450 items
Business Account Cash Deposits $.05/Strap of Currency & $.15/Roll of Coin
Second Chance Checking Fee $10.00/Month
Credit Card Overdraft Protection Fee $12.00/Month
*Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from Michgian Community Credit Union, and must be paid in full within 30 days. Michigan Community Credit Union's Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. Michigan Community Credit Union has the right to cancel Courtesy Pay anytime and without notice. Michigan Community Credit Union provides Savings overdraft protection as an alternative form of overdraft protection.

 

EFT Fees
Effective Date: Tuesday, February 21st, 2017
ItemFee
ACH Overdraft $30.00/Item
Paid ACH Overdraft $30.00/Item
Debit Card Overdraft $30.00/Item
Card Replacement $10.00/Card
Order Additional Card $10.00
Recurring Outbound ACH Origination Set-Up $10.00
Recurring Outbound ACH Origination Change $5.00
One-Time Outbound ACH Origination Fee $5.00
*Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from Michigan Community Credit Union, and must be paid in full within 30 days. Michigan Community Credit Union's Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. Michigan Community Credit Union has the right to cancel Courtesy Pay anytime and without notice. Michigan Community Credit Union provides Savings overdraft protection as an alternative form of overdraft protection.

 

Other Service Fees
Effective Date: Tuesday, February 21st, 2017
ItemFee
Home Equity Re-Write w/in 2 Yrs $100.00
Levy/Garnishment $50.00
Loan Re-Write w/in 2 Yrs $25.00
Collection Re-Write $25.00
Subordination $150.00
Escheat $50.00
Switch Account Numbers $30.00
Overnight Mail $25.00/Item
US Postage Stamps $1.00/Book over current government pricing
Domestic Wire $30.00/Transfer
Account Reconciliation $25.00/Hour by appointment only
Account Research $10.00 min. or $30.00/Hour
Account Re-Open w/in 1 Yr $20.00
Jt. Owner/Beneficiary Change $20.00/Request (in excess of 1 every 12 months)
Coin Counter Fee 3% Members; 6% Non-Members
Verification of Deposit $10.00/Request
Subpoena Request $25.00/Request + $10.00/Hour & $0.10/Page
Closed Account w/in 13 Months of Open $20.00
Includes all Savings, Checking, Debit Cards and/or ATM Cards
Member Check Cashing Fee $5.00/Item*
*Check cashing fee waived for anyone under age 18; students over age 18; anyone over age 60.
Non-Member Check Cashing Fee $7.00/Item
Cashier or Certified Check $5.00/Check
CU Document Copy Fee $5.00/Item (Including but not limited to statement, check & 1099 copies and account print outs)
Payment Booklets Price varies
Fax Loan Payoff Request $20.00/Request
Items Sent for Collection $2.00/Item
Post Office Address Change $3.00
Money Orders $2.00 Each
Fax (outgoing) $1.00/Page
Photocopy $.10/Copy
MasterCard Foreign Transaction 1% of Transaction Amt.
MasterCard Over Limit Fee Up to $25.00
MasterCard Late Fee Up to $25.00
Return Mail $5.00/Month (after 2 consecutive statements returned)
Card Replacement Fee $10.00/Card
Inactive Account $5.00/Month (charged after 1 year & account balance less than $100.00)
*Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from the Credit Union, and must be paid in full within 30 days. The Credit Union's Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. The Credit Union has the right to cancel Courtesy Pay anytime and without notice. The Credit Union provides Savings overdraft protection as an alternative form of overdraft protection.