Lake MichiganSavings accountChecked Oct 10, 2026Updated
Lake Michigan Education Savings (ESA)
0.60%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $60 after fees
- Monthly fee
- Monthly fee not stated
- On our list
- #84 of 234 savings accounts, by a year’s value on $10,000
Visit Lake MichiganThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.60% | $6 |
| $5,000 | 0.60% | $30 |
| $10,000 | 0.60% | $60 |
| $25,000 | 0.60% | $150 |
| $50,000 | 0.60% | $300 |
| $100,000 | 0.60% | $600 |
Who can open it
- Membership
- Open to anyone who qualifies through one of these:
- People who live, work, worship or attend school anywhere in Michigan’s lower peninsula or Florida
- Contribute $5 to the ALS (Amyotrophic Lateral Sclerosis) Foundation ($5)
- Family members of existing LMCU members
Features
Interest bearing
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Not all of this account’s figures are on record yet (monthly fee missing). Report a mistake · How we make money