Scammers are contacting taxpayers while pretending to be from the Michigan Department of Treasury, using out‑of‑state phone numbers. They may request payments or attempt to trick you into providing your bank account information. Always verify the source before sharing any personal or financial details.
Which Financial Institutions may be used to create a First-Time Home Buyer Savings Account?
A first-time home buyer savings account can be established at any bank, trust company, savings institution, industrial loan association, consumer finance company, credit union, benefit association, insurance company, safe deposit company, money market mutual fund, broker, or other similar entity that is authorized to do business in Michigan.