12accounts we track

  • Savings4
  • Money market1
  • Checking5
  • CDs2

Credit union in Grand Rapids, MI

Lake Michigan

NCUA-insured · charter 62514

Savings, money market, checking and CDs, with every rate from Lake Michigan’s own pages and every rank against the accounts we track.

Checked Nov 1, 2026Updated

Best savings rate
3.00%APY · Lake Michigan Kids Club
Best CD rate
3.90%APY for 9 months

Every account we track

Accounts and rates

Savings and money market

A year on $10,000, after fees
Lake Michigan Kids ClubSavings account3.00%$0None
Lake Michigan Teen ClubSavings account3.00%$0None
Lake Michigan Member SavingsSavings account · $5 to open0.25%$0None
Lake Michigan Max SavingsSavings accountNot stated—None
Lake Michigan Max Money MarketMoney market accountNot stated—None

Checking

Against 1043 checking accounts
Lake Michigan Free CheckingChecking accountNot stated#459None
Lake Michigan Max CheckingChecking account4.00%#460None
Lake Michigan high yield checkingChecking account4.00%#761Not stated
Lake Michigan Investor CheckingChecking accountup to0.20%#877$10 a month
Lake Michigan Advantage 50 CheckingChecking account · no minimum to open0.25%—None

Certificates of Deposit (CDs), by term

$500 to open
9 months3.90%—

A dash: a term we don’t rank. All Lake Michigan CDs

Against the market

How Lake Michigan ranks

Where each ranked account sits on our list for its kind. Further right is higher on the list.

  • Lake Michigan Free CheckingChecking account#459 of 1043
  • Lake Michigan Max CheckingChecking account#460 of 1043
  • Lake Michigan high yield checkingChecking account#761 of 1043
  • Lake Michigan Investor CheckingChecking account#877 of 1043
  • Lake Michigan Member SavingsSavings account#263 of 270

Savings and money market accounts rank by a year on $10,000; checking by a year for an everyday customer; CDs by a year on $10,000 at each term.