Credit union · NCUA insured
Members First Credit Union Savings Rates
Top CarrotMembers First Credit Union’s best savings rate is 0.55% APY on $10,000, with its Money Market Account. Rates checked October 16, 2026.
How Members First Credit Union’s savings rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Members First Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Members First Credit Union
3.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $300
Rewards Saver
Top rate
Ignite Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $500
2nd-highest rate
First National Bank of America
4.20%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $420
Members First Credit Union savings score
86
Savings score
Higher than 72% of U.S. banks and credit unions
- $1,000 balance$1,0001.75%
- $10,000 balance$10,0000.55%
- $100,000 balance$100,0001.51%
- QualifiedQualified3.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Members First Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Account
0.55%APY
Dividends are determined based on a tiered rate method; the interest rate paid on the entire balance in your money market account will be determined by the tier in which your current balance resides. Dividends are calculated by the daily balance method and credited on the last day of each month. Rates are variable and may change after the account is opened. No minimum balance, monthly service charge, or early withdrawal penalty.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500Entire balance earns tier rate based on balance residing in tier. | 4.00% | — | Entire balance earns tier rate based on balance residing in tier. |
| $500 – $1,000Entire balance earns tier rate based on balance residing in tier. | 1.75% | — | Entire balance earns tier rate based on balance residing in tier. |
| $1,000 – $10,000Entire balance earns tier rate based on balance residing in tier. | 0.55% | $55 | Entire balance earns tier rate based on balance residing in tier. |
| $10,000 – $25,000Entire balance earns tier rate based on balance residing in tier. | 1.01% | — | Entire balance earns tier rate based on balance residing in tier. |
| $25,000 – $50,000Entire balance earns tier rate based on balance residing in tier. | 1.26% | — | Entire balance earns tier rate based on balance residing in tier. |
| $50,000 – $100,000Entire balance earns tier rate based on balance residing in tier. | 1.51% | — | Entire balance earns tier rate based on balance residing in tier. |
| $100,000 – $200,000Entire balance earns tier rate based on balance residing in tier. | 1.76% | — | Entire balance earns tier rate based on balance residing in tier. |
| Over $200,000Entire balance earns tier rate based on balance residing in tier. | 2.02% | — | Entire balance earns tier rate based on balance residing in tier. |
Regular Shares
0.15%APY
Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.15% | $15 |
Sources (1)
- mfcu.net/savings · captured Oct 16, 2026
Special Savings
0.15%APY
Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.15% | $15 |
Sources (1)
- mfcu.net/savings · captured Oct 16, 2026
Rewards Saver
0.00%APY on $10,000
Linked Rewards Checking or Cash Back Checking account required. Monthly Qualification Cycle requirements apply for highest rate.
| Part of the balance | Rate on that part |
|---|---|
| Over $50,000 | 0.50% |
On $10,000 the tiers blend to about 0.00% APY, earning $0 a year.
Sources (1)
- mfcu.net/save/savings/rewards-saver · captured Oct 16, 2026
Special-purpose accounts
Christmas Club
0.15%APY
Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.15% | $15 |
Sources (1)
- mfcu.net/savings · captured Oct 16, 2026
Individual Retirement Account (IRA) Savings
0.15%APY
Available as Traditional, Roth, or Educational/Coverdell IRA. Long-term saving with no term restrictions, no set-up, maintenance, or closing fees. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.15% | $15 |
Kid's Club
0.15%APY
For members under 10 years of age (0-9 years). Dividends calculated daily and credited quarterly. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.15% | $15 |
Student Club
0.15%APY
For members 10-17 years of age. Dividends calculated daily and credited quarterly. Rates are variable and subject to change.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.15% | $15 |
Who can join Members First Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, work, attend school or worship within any county in the State of Michigan are eligible to join.
Family and household
- Persons in the immediate family of existing members are eligible to join.
Cost to join
- Opening a primary savings account requires a $5 minimum opening deposit to signify part ownership.
Membership information collected October 5, 2026.