MSGCU : Money Market Checking Account

Flexible, convenient, and easy to access! A Money Market Checking Account from Michigan Schools and Government Credit Union gives you a higher interest rate than a regular savings account, plus has the liquidity and flexibility of a regular checking account.

Features and Benefits

Higher rates of interest than a regular savings account
Tiered interest rates
Minimum balance to open the account is $2,500**
Easy-to-read monthly statements
Unlimited deposits
Deposits insured to the regulatory maximum by the NCUA

Transactions and Limitations

During any statement period, you may not make more than six withdrawals or transfers to another Credit Union account of yours or to a third party by means of a pre-authorized or automatic transfer (ACH), checks, Internet Account Access or telephone order or instruction (including Member Connect).

Apply today by phone, 586.263.8800 or 1.866.MSGCU4U, option 4, or at any of our seven locations.

Current Rates

Money Market Checking Account
Tier	APY*	Interest Rate
$2,500-$4,999	0.250%	0.250%
$5,000-$7,499	0.250%	0.250%
$7,500-$9,999	0.250%	0.250%
$10,000-$24,999	0.450%	0.449%
$25,000 and up	0.650%	0.648%

*$2,500 Minimum Average Daily Balance to earn APY.

Savings Calculators

*APY = Annual Percentage Yield. Variable interest rate. Interest rates and APY may change. For current rates call us at 586.263.8800, option 2 or visit our website at www.msgcu.org. Interest will begin to accrue on the business day you deposit funds into your account. For this account type, the interest period is compounded and calculated monthly, for example, the beginning date of the first period of the calendar year begins January 1, and the ending date of that period is January 31. All other interest periods follow that same pattern. The interest declaration date follows the ending date of an interest period, and in the example this would be January 31. If you close this account before interest is paid, you will not receive the accrued interest.

**For the Money Market Checking Account you must maintain a minimum average daily balance of $2,500 in your account to obtain the disclosed annual percentage yield for the corresponding tier. Interest is calculated using the average daily balance method, which totals the ending balances for each day of the interest period, divides the results by the total number of days in the interest period and uses the resulting average balance to calculate interest based on the balances and tiered rates.

Routing number: 272480173

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privacy notice

Your savings federally
insured by NCUA to at least
$250,000 and backed by the
full faith and credit of the
United States Government.

We do business in accordance with the
Federal Fair Housing Law and Equal
Credit Opportunity Act.