Credit union · NCUA insured
Southeast Michigan State EFCU Savings Rates
Southeast Michigan State EFCU’s best savings rate is 0.50% APY on $10,000, with its Super Saver. Rates checked October 16, 2026.
How Southeast Michigan State EFCU’s savings rates compare
Compared with banks and credit unions near Detroit, MI, where Southeast Michigan State EFCU has the most branches. $10,000, best rate first.
This credit union’s best
Southeast Michigan State EFCU
0.50%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $50
Super 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
Flagstar Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
Southeast Michigan State EFCU savings score
79
Savings score
Higher than 50% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0001.01%
- QualifiedQualified0.50%
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 Southeast Michigan State EFCU 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.
Super Saver
0.50%APY
Tiered-rate savings account with a minimum balance of $500 to unlock higher dividend rates.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $500 – $5,000 | 0.25% | — |
| $5,000 – $20,000 | 0.50% | $50 |
| $20,000 – $50,000 | 0.75% | — |
| $50,000 and up | 1.01% | — |
Sources (2)
All captured Sep 18, 2026
Regular Shares
0.15%APY
Start with an initial deposit of $25 representing share in the credit union to become a member and keep account open. Maintain an average daily balance of $100 or more to avoid maintenance fees.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 – $500 | 0.05% | — |
| $500 and up | 0.15% | $15 |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
Kid's Club Shares
0.15%APY
Up to age 18. No quarterly low balance fee.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 – $500Up to age 18. No quarterly low balance fee. | 0.05% | — | Up to age 18. No quarterly low balance fee. |
| $500 and upUp to age 18. No quarterly low balance fee. | 0.15% | $15 | Up to age 18. No quarterly low balance fee. |
Sources (1)
- smsefcu.com/rates/saving-rates · captured Sep 18, 2026
Closed to new customers
Club Accounts
0.15%APY
No longer offered; existing accounts fall under listed terms. Vacation and Christmas Club accounts allow up to two withdrawals per year without a fee.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 – $500 | 0.05% | — |
| $500 and up | 0.15% | $15 |
Sources (2)
All captured Sep 18, 2026
Who can join Southeast Michigan State EFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Individuals employed by local governments in Lenawee, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, or Wayne County are eligible to join.
- Retirees of the State of Michigan and eligible local governments are welcome to join.
- Employees of the State of Michigan are eligible to join.
Family and household
- Immediate family members of eligible State of Michigan employees, local government employees, and retirees are eligible to join.
Cost to join
- An initial deposit of at least $5 into a share (savings) account is required to secure membership.
Membership information collected October 5, 2026.