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Lake MichiganSavings accountChecked Oct 10, 2026Updated

Lake Michigan Teen Club

3.00%APY on $10,000 · as of Oct 10, 2026
A year on $10,000
$0 after fees
Monthly fee
No monthly fee
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.

BalanceAPYA year, after fees
$1,0000.00%$0
$5,000–$0
$10,000–$0
$25,000–$0
$50,000–$0
$100,000–$0

Rate conditions

To earn the APY
A parent or guardian needs to be a joint account holderSource · checked Oct 10, 2026
APY paid on balances up to
$1,000Source · checked Oct 10, 2026

Fees

Monthly fee
NoneSource · checked Oct 10, 2026

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
Source · checked Oct 10, 2026

Features

Interest bearingJoint accountsMinor accountsNo minimum balance

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. Report a mistake · How we make money