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Becoming a Member

Benefits of Membership

There are many significant differences between a credit union and a bank. When compared side by side, credit unions have many more advantages. At Michigan Schools and Government Credit Union (MSGCU), we promote the financial well-being of our members, through a system that is member-owned, volunteer-directed, and not-for-profit.

Unlike a bank, we exist solely to serve our members, not to pay high dividends to an outside group of stockholders. Our income is returned to our members through competitive savings rates and low loan rates.

When you become a member of MSGCU, you can begin saving money right away. You'll earn more money—sometimes four times more—on the funds you deposit at the Credit Union. And if you need a loan, borrowing from us means lower interest rates. Even our fees are generally lower than those charged by most banks.

Join today! An initial savings deposit of $5 or more opens the door to membership with Michigan Schools and Government Credit Union. To learn more about MSGCU, visit a Member Services Representative at any of our office locations, call 586.263.8800, or explore our website for more information.

You are eligible to become an MSGCU member if you reside, work, attend school, or worship in Michigan’s Lower Peninsula.

Over the past 60 years, we have worked to serve as financial advocates for educators, civil servants and their families in the Michigan counties of Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne, including:

  • Employees, students, former students, alumni, and retirees of educational institutions
  • Elected and appointed officials, employees, and retirees of the federal government of any state, county, or local government or political subdivision

We are honored that we can now also serve their friends and neighbors in lower Michigan, as well.


Become a Member

At Michigan Schools and Government Credit Union (MSGCU), we provide the tools, resources, and support members need to reach their goals. Take the first step in getting yourself on the right path to financial success—join MSGCU today!

If you are eligible for membership (check membership groups above), simply open a membership online. Or, visit one of our branches and bring the following information.

  • An initial savings deposit of $5 or more
  • Government-issued valid picture ID
  • Your social security number

Please Note: To help the government fight the funding of terrorism and money-laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. We will also run a credit report and verify your checking account status with ChexSystems.

Make the Switch to a Credit Union

At Michigan Schools and Government Credit Union, it's easy to make the switch! We offer a step-by-step guide to help make the move from a bank or another financial institution to MSGCU a little easier.

Below is a link to our switch kit as well as sample forms to help with your transfer. So go ahead…make the switch and start setting it right by conducting your financial business with us—it will be worth it!

Make the Switch: A Step-by-Step Guide

Step 1: Open a Checking Account
Step 2: Switch Direct Deposit Sample Form
Step 3: Change Automatic Withdrawals (Debits) Sample Form
Step 4: Close Former Account Sample Form
Step 5: Convert Bill Payment Directions

Membership Rewards

At Michigan Schools and Government Credit Union (MSGCU), we provide the financial tools, resources, and support members need to start reaching their financial goals.

Below are just a few of the many FREE rewards that come with a Credit Union membership.

Take the first step in getting yourself on the right path to financial success—become a member of MSGCU today!

Culture at MSGCU 

Background & History

For more than 60 years, our members have been reaching their financial goals 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.

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 115,000. 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 more than $80,000 worth of scholarships to area high school students and adults enrolled in college. Additionally, the Credit Union also distributes over 60 grants, totaling nearly $45,000, to help educators fund classroom projects. Another example of how the Credit Union provides resources to help members.

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 ( highest rating, five stars, and boast a member satisfaction rate of 97%, for 10 years running. We are growing; we currently have more than $1.9 billion dollars in assets and have 14 branches. All of this success means that your funds are safe, secure, and conveniently accessible.

You work hard for your money, and so do we. We thank our members for being loyal to MSGCU. If you have questions as to how we can further help you on your path to financial success, please visit any of our offices, or call 586.263.8800 or 1.866.MSGCU4U today!


Mission & Philosophy

At Michigan Schools and Government Credit Union (MSGCU), our Mission Statement is "We are a caring organization dedicated to promoting financial success for our members." We provide the resources for members and their families to reach their financial goals.

We live the philosophy of People Helping People every day. It is our top priority to give you the fair, dependable service that you deserve. That means we will do everything in our power to make sure that our efforts exceed your expectations.

This philosophy supports our giving back to the many communities in which we serve. Through our many efforts—including scholarships, sponsorships, and grants—we support the communities that our members care the most about.

Getting yourself on the right path to financial success begins here.

Core Competencies

These are the abilities that allow Michigan Schools and Government Credit Union (MSGCU) to provide the tools members and their families need to reach their financial goals.

Philosophy, Mission, and Value

All credit unions operate under the philosophy of People Helping People. This perfectly emphasizes that we are here for you…plain and simple. With our Mission and set of Values, we not only strive to promote financial success for our members, but we do so in a way that is fair, honest, and beneficial to you and all of our members.

Relationship Focus

We focus on building individual relationships with our members. We want to provide you with what you and your loved ones need to achieve your goals.

Operational Efficiency

In order your family to reach its goals, you are careful about how you spend and invest your money. At Michigan Schools and Government Credit Union, we share your dedication to using resources efficiently. Since we invest only in things that can help us better service you and meet your needs, we are able to remain financially strong now and in the years to come. 


At Michigan Schools and Government Credit Union (MSGCU), our employees embody the values needed to help our members and their families acheive their financial goals. 

Trust: Being Honest and Fair.

With such a strong emphasis on trust, we not only strive to provide fair and competitive offerings, but we act with integrity.

Engagement: Actively involved physically, mentally, and emotionally.

We will give you the attention that you deserve along with the right results.

Excellence: To be distinguishable by consistently exceeding expectations.

We take pride in all that we do, which is why we consistently receive high marks in overall satisfaction from our membership. We strive for 100% quality and accuracy no matter what...because you not only expect it, but deserve it as well.

Relationships: We care about people.

The core principle of all credit unions is People Helping People. We take it one step further by showing our support for all our members and the communities in which we serve.

Financial Strength: Sustained Success.

Michigan Schools and Government Credit Union operates with sound financial principles.  We, therefore, are able to provide the products and services members need to reach their financial goals.

With these values acting as our core belief system, you can always expect fair, honest service at Michigan Schools and Government Credit Union.

Board of Directors

We are proud to have this group of qualified professionals serve on the MSGCU Board of Directors:

William F. Cayen, Chairman
Milo J. Perreault, Vice Chairman
Richard P. Maierle, Secretary
James S. McCann, Treasurer
Elizabeth Argiri, Audit Committee
Edward D. Callaghan
Teresa DiMaria, Audit Committee
Richard L. Shoemaker, Audit Committee
Douglas J. Smith
Charles Thomas, Audit Committee
Stephen E. Thomas