Michigan Schools and Government Credit Union
| File:MSGCU-Logo.svg | |
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1954 |
| Headquarters | Clinton Township, Michigan, US |
Number of locations | 22 full-service branches; 5,600+ Service Centers nationwide |
| Products | Savings; checking; consumer loans; mortgages; credit cards; investments; online banking |
| Total assets | $3.7 billion USD |
| Website | msgcu.org |
Based in Clinton Township, Michigan, the Michigan Schools and Government Credit Union (MSGCU) serves a membership exceeding 137,000 individuals and manages assets over $3.7 billion. Established in 1954, MSGCU functions as a member-owned, not-for-profit financial cooperative regulated by the National Credit Union Administration (NCUA), which provides federal insurance coverage up to $250,000 per account.
MSGCU operates 22 branch locations throughout Macomb, Oakland, Wayne, and Washtenaw counties. As a participant in the CO-OP Network, members benefit from access to more than 30,000 surcharge-free ATMs and over 5,600 Service Centers nationwide.
Membership
Individuals who live, work, worship, or attend school anywhere within Michigan are eligible to join MSGCU.
Awards
MSGCU has received several honors from the Michigan Credit Union League (MCUL) for its financial literacy initiatives, including the Desjardins Financial Education Award, Louise Herring Award, and Dora Maxwell Award recognizing excellence in member and community service.
The credit union consistently attains Bauer Financial’s top five-star rating for financial stability. Additionally, it maintains an average member satisfaction rate of 97% over the past two decades.
For the eleventh year running in 2023, MSGCU was distinguished as a Top Workplace by The Detroit Free Press. Employee surveys conducted by Energage, LLC highlighted strong scores in Alignment, Execution, and Connection within its organizational culture.