Checking that earns more. Banking that costs less.
LMCU checking accounts come with fewer fees, more options, and a credit union that's built around you.
Why checking is better at a LMCU.
Because every dollar you keep in checking should be doing something. LMCU Max Checking earns up to 4.00% APY1 on all balances up to $15,000, while Free Checking keeps it simple with no monthly fee and no minimum balance. Better rates. Fewer fees. That’s member-first, credit-union banking.
Find the checking account that fits how you bank.
Most checking accounts tie their best rate to a banking relationship — a savings account, a balance threshold, the whole song and dance. LMCU checking earns on its own. No bundling required.
| Feature |
Max Checking |
Free Checking |
Investor Checking |
Advantage 50 Checking |
|
|---|---|---|---|---|---|
| Feature | High-yield checking that pays you to use it |
Simple, free, and ready when you are |
Earn interest on funds between investments |
Checking built for members age 50 and over |
|
| APY Rate | Up to 4.00% APY | n/a | Up to 0.20% APY2 | Up to 0.25% APY3 | |
| Monthly Fee | No monthly fee | No monthly fee 4 | $10, or no fee with $2,500 monthly balance | No monthly fee 4 | |
| Minimum Balance | No minimum balance required | No minimum balance required | No minimum balance required | No minimum balance required | |
| Requirements | Requirements apply to earn maximum interest | No monthly requirements | No monthly requirements | No monthly requirements | |
|
Open an Account
See Details |
Open an Account
See Details |
Open an Account
See Details |
Open an Account
See Details |
Good questions. Here are some good answers.
Everything you've wondered about checking accounts, rates, and how LMCU accounts work — answered plainly.
LMCU offers four checking accounts: Max Checking for members who want to earn high-yield interest, Free Checking for straightforward everyday banking, Investor Checking for those who want interest on funds between investment moves, and Advantage 50 Checking for members age 50 and older. Each one comes with online and mobile banking, a debit card, and no minimum balance requirement. The comparison table above makes it easy to see how they stack up.
Free Checking and Advantage 50 Checking have no monthly fee. Max Checking has no monthly fee either — though requirements apply to earn the full interest rate. Investor Checking carries a $10 monthly fee, which is waived when you maintain a $2,500 average monthly balance. No hoops you weren't told about upfront. That's the credit union difference.
Most Michigan checking accounts at big banks come with a catch: earn a better rate, but only if you bundle a savings account or maintain a relationship balance. LMCU's Max Checking earns up to 4.00% APY without a required banking relationship. No bundling. No relationship balance. Just a credit union checking account that earns on its own.
Yes. LMCU's Free Checking is exactly what it sounds like: no monthly fee, no minimum balance, and no requirements to maintain it. For banks in Michigan with free checking, the fine print often tells a different story. LMCU's Free Checking is genuinely free — and comes with a debit card, online banking, and access to 55,000+ Allpoint ATMs.
Absolutely. LMCU serves members across Western Florida, with 23 branch locations and online account opening available. Whether you're in the Tampa Bay area or Southwest Florida, you can open a checking account online or stop into a branch near you. Membership is open to anyone who qualifies — and getting started takes minutes.
Most Florida checking accounts at big banks come with a catch: earn a better rate, but only if you bundle a savings account or maintain a relationship balance. LMCU's Max Checking earns up to 4.00% APY without a required banking relationship. No bundling. No relationship balance. Just a credit union checking account that earns on its own.
To earn the full interest rate on Max Checking, certain monthly requirements apply — typically including debit card transactions, direct deposit, online banking enrollment, and eStatements. Check the current Max Checking page for the specific requirements, as they may be updated. Members who don't meet requirements in a given month still earn a base rate with no penalty
If you're looking for the best bank in Michigan for checking accounts that earns real interest, Max Checking is worth a close look. It earns up to 4.00% APY when monthly requirements are met — no relationship balance required, no bundled savings account needed. For a high interest checking account in Michigan without the conditions most banks attach, it's a strong option. See current rates and requirements on the Max Checking page.
More reasons to make your checking home.
LMCU checking works wherever you take it — branches, ATMs, and digital banking that travels just as well as you do, backed by a credit union that's been at this for 93 years.
Highly Rated→
93+ years of doing right by members has earned us some of the highest marks in the business.
Online Banking→
Check balances, move money, and track your spending — all from your phone or laptop.
Branches & ATMs→
Dozens of Michigan and Florida branches, plus 55,000+ surcharge-free Allpoint ATMs.
Discover what 665,000+ members already know.
A checking account that fits is a lot like a good pair of shoes: You don't think about it when it's working, and you can't stop thinking about it when it's not.
5-star rating for financial stability
Bauer Financial, 12/10/2025
Disclosures
Rates may change after account opening. This APY is accurate as of 9/10/2026. Fees may reduce earnings. No minimum balance required. To earn interest some requirements apply. Monthly requirements must occur by 8:00 p.m. ET on the last day of the month. Purchases do not include ATM transactions. Credit or Debit card purchase requirements are based on purchase preference. Interest not paid on balances over $15,000. Interest not paid if requirements are not met. Nearly $600 is earned at 4.00% APY on balances of $15,000.00.
This APY is accurate as of 9/10/2026. Fees may reduce earnings. Rates are subject to change after account opening.
Rates may change after account opening. This APY is accurate as of 9/10/2026. Fees may reduce earnings. No minimum balance required.
Overdraft/returned item fees may apply.
