Checking & Savings Accounts
MSUFCU offers a variety of checking and savings options to suit your needs.
From free checking accounts to dividend-earning checking accounts, MSUFCU has the checking options you've been looking for. Make the most of your account by signing up for eStatements and using MSUFCU's Visa Debit Card - the perfect companions for MSUFCU's Checking accounts.
MSUFCU has savings options to help you make the most of your money. Whether you're looking for a basic savings account or a higher-yield option, MSUFCU has accounts to fit your financial needs.
MSUFCU Certificates1 earn higher, fixed dividends while still receiving up to $250,000 in NCUA insurance on your funds.
- No monthly or maintenance fees
- Open a Certificate with as little as $50 for a 1-Year Add-On Certificate or $500 for all other terms
- Flexible terms to suit your savings needs
- Funds are insured for at least $250,000 by the NCUA
1-Year Add-On Certificate1
1-Year Add-On Certificate may be opened with as little as $50 and allow you to add funds at your convenience. A single member may add up to $10,000 total to the sum of all 1-Year Add-On Certificates per year. For example, if a member had five (5) 1-Year Add-On Certificates, any combination of amounts up to $10,000 could be added to each certificate, but the total additions to all certificates must not exceed $10,000 per member, per year.
Open an MSUFCU Certificate within ComputerLine
Login to ComputerLine, select Manage from the top menu, and click Add a Certificate under the Create or Modify Accounts section.
Or, leave a secure message in your ComputerLine account via the eMessage Center, visit any MSUFCU Branch, or call 517-333-2424 or 800-678-4968.
1 Certificate rates are fixed for the term of the Certificate at the time the Certificate is opened. Additional deposits may not be made to Certificates other than the 1-Year Add-On Certificate. Up to a total of $10,000 may be added to a member’s 1-Year Add-On Certificate(s) each year. However, regardless of the number of 1-Year Add-On Certificates a member may hold, the total of all funds added to the 1-Year Add-On Certificate(s) cannot exceed $10,000 per member, per year. Additional deposits do not change the Certificate's maturity date or rate. The earnings assume that the funds remain on deposit for the term of the Certificate and are compounded monthly.
Early withdrawal penalties:
Terms of one year or less: Penalty is equal to 90 days’ dividends, based on amount withdrawn.
Terms of more than one year: Penalty is equal to 180 days’ dividends, based on amount withdrawn.
If the dividend is not sufficient to cover the penalty, the principal amount will be reduced to cover the penalty. Early withdrawal penalties will not be charged in cases of withdrawal due to disability or after death of an owner of the Certificate.
7-Year Certificate: 2.07% Annual Percentage Yield (APY) effective 3/1/2016. $2,500 minimum opening deposit. Early withdrawal penalty of 365 days of dividends applies if funds are withdrawn prior to maturity. An early withdrawal could reduce your initial investment. Rate subject to change at any time.