Offers and Promotions

Chicago Grand Opening Specials 9/1/24 - 10/31/24

Special 1 - Checking with Direct Deposit

Offer valid 09/01/24 to 10/31/24. To receive $100 bonus, member must open a Totally Gold Checking Account and set up direct deposit from their employer or Social Security. Must have two consecutive electronic deposits each with a minimum deposit of $1000. To receive $250 bonus, member must open a Money Market Checking account and set up direct deposit from employer or Social Security. Must have two consecutive electronic deposits each with a minimum deposit of $2000. Must maintain balance of $2000 for 60 days after account opening. For both offers, first direct deposit must be set up and funded into member's MSUFCU checking account by 10/31/24 and member must complete 10 transactions within 30 days of account opening. Bonus of either $100 or $250 will be deposited to the member's Cashback+ wallet within 90 days of promotion end date. Not valid for members with existing or previously closed checking accounts. Not valid for funds already on deposit with MSUFCU. Bonus may be taxable and reported on an IRS Form.

Annual Percentage Yield (APY) means a percentage rate reflecting the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period. The APY on the Money Market Checking is 1.25% for Tier 1 with a minimum balance of $2,000, 1.25% for Tier 2 with a minimum balance of $10,000, 1.50% for Tier 3 with minimum balance of $50,000, and 1.50% for Tier 4 with minimum balance of $100,000. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA. Rates valid as of 8/26/24 and subject to change after account opening.

Special 2 - Auto
Offer begins at midnight ET 6/1/24 and ends 11:59 p.m. ET on 1/31/25 for accounts in good standing. If deferral is set up during the loan process, principal or interest payments are not required for 90 days from the date of loan funding. Interest will accrue, and the original loan termination date will be extended three months. Offer valid 6/1/24 - 1/31/25. Offer not valid on leases, MI Saves, and internal refinances on existing MSUFCU loans.

Special 3 - IMMA
Offer valid 9/1/24to 10/31/24. Members who do not currently have an Insured Money Management Account (IMMA) and open an IMMA with a minimum deposit of $25,000 and maintain a balance of at least $25,000 for 60 days will receive $250 bonus. IMMA must be opened and funded by 10/31/24. IMMA Tier 1 Annual Percentage Yield 1.30% for minimum balance of $2000 as of 8/26/24. Rate subject to change. Bonus of $250 will be deposited to a 1-Year Add-On Certificate within 45 days of promotion end date. Not valid for funds already on deposit with MSUFCU. Offers cannot be combined. Not valid for business or youth accounts. Bonus may be taxable and reported on an IRS Form.

Special 4 - Home Loans Closing Cost
Receive $750 off closing costs offer valid for new mortgages of $150,000 or more. Closing cost discount will be provided as lender credit. Offer cannot be used toward down payment or with any other discounts and is not available on home equity lines of credit. Valid on new loans and loans refinanced from other lenders. Streamline Refi offers are not eligible for this promotion. All usual and customary fees will be charged to the buyer. Loans are subject to credit approval. Applications must be received by 1/31/25 and mortgage must close by 4/30/25. Eligible properties include primary and secondary residences: single-family homes, condominiums, and modular homes. Home loans available for homes in the following states: Michigan, Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, and Wisconsin. Construction home loans are only available in Michigan and Illinois. Rates are based on creditworthiness, loan-to-value (LTV), property type, and other factors associated with your loan application, and your rate may be higher. This offer may not be transferred, sold, or replicated in any way, and it may not be combined with any other mortgage offers.