The First Gear Account

Let’s talk about the First Gear account. Michigan First Credit Union has created a special account just for young adults, meant to help develop positive financial habits in the hopes that we can live stable financial lives. There are 3 reasons in particular why I personally appreciate the First Gear account: 

  •  The account is free. There are no monthly fees on the First Gear account. That’s right, it's FREE.
  • You are allowed one “Oops” Overdraft Forgiveness every 6 months. Overdrawing your account is never a good thing, but unfortunately, sometimes it happens. With Oops Forgiveness, that overdraft fee can be forgiven. This is a perk that is almost unheard of in the banking world!
  • There is no minimum balance requirement. I appreciate this benefit because sometimes all you have left is $10 and that’s ok! As long as your account doesn’t go into the negative, there are no repercussions. 

Want to find out more about the First Gear account from Michigan First Credit Union, click, call or stop by a branch today! 

Keeping it Fresh, Young & Free,

Ebeth