The Michigan Department of Insurance and Financial Services (DIFS) is reminding consumers during tax season that the fastest and most secure way to receive a tax refund is through a direct deposit to an account with a bank or credit union, and low- or no-cost accounts are available at nearly 30 banks and credit unions across Michigan through the Michigan Open Account Coalition (MOAC). 

The MOAC is a partnership between DIFS, the Michigan Bankers Association, the Michigan Credit Union League, and community organizations to encourage relationships between financial institutions and historically underserved communities; to educate consumers about the importance of having a relationship with a financial institution; and to ensure that consumers have access to low- and no-cost accounts.

To learn more about MOAC, visit For more information or if you have questions or concerns about a financial institution, call DIFS Monday through Friday 8 a.m. to 5 p.m. at (877) 999-6442 or visit to file a complaint.