Company Profile
Michigan Schools And Government Credit Union
Company Overview
For nearly 60 years, our members have been setting it right for themselves using the resources they gain through their membership with Michigan Schools and Government Credit Union (MSGCU).
As a not-for-profit financial institution, we return revenue to members by providing lower loan rates and higher savings rates. Our field of membership is broad and includes educational and government employees; students and alumni; retirees; and family members of these groups in primarily Macomb, Oakland, Genesee, Lapeer, Livingston, St. Clair, Wayne, and Washtenaw Counties.
Company History
A small group of school teachers in Macomb County founded MSGCU in 1954, then known as Macomb Schools and Government Credit Union. Over the years, offices have opened, branches have moved, and our membership has grown to more than 68,000. However, through it all, our focus has remained on providing the best financial services possible.
With our roots still heavily intertwined with school employees, we strongly believe in the power of education and in furthering the learning experiences of our youth. Each year, we distribute nearly $50,000 worth of scholarships to area high school students and adults enrolled in college. Additionally, in 2011, the Credit Union also distributed nearly 50 grants, totaling more than $40,000, to help educators in Macomb and Oakland Counties fund classroom projects. Another example of how the Credit Union provides resources to help members who are setting it right.
Because of our financial stability, MSGCU continues to thrive in an economic environment where other financial institutions are failing. We have consistently achieved Bauer Financial's (www.bauerfinancial.com) highest rating, five stars, and boast a member satisfaction rate of 97%. We are growing; we currently have more than $1.2 billion dollars in assets and have 11 branches. All of this success means that your funds are safe, secure, and conveniently accessible.
Notable Accomplishments / Recognition
We have consistently achieved Bauer Financial's (www.bauerfinancial.com) highest rating, five stars, and regularly receive high rankings in member satisfaction during our independently performed annual member survey. In 2012, we received a 97% member satisfaction rating.
Benefits
•Gym Reimbursement
•Tuition Assistance
•Life Insurance
•Long-Term Disability Insurance
•401(k) Plan (also available for part-time employees)