Michigan Schools & Government Credit Union
Michigan Schools & Government Credit Union
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Benefits for Employees

For over 60 years, Michigan Schools and Government Credit Union has been providing working people with quality products and services without hassles. This is because we value people more than money and maintain financial stability and fairness you and your employees can depend upon. Because you deserve straightforward, expert assistance with your finances, we offer these free services for you and your employees:

  • Simplified Employee Pension (SEP) Plan: With a Simplified Employee Pension Plan, a Traditional IRA is established in which an employer deposits SEP contributions. Eligibility for SEPs include self-employed persons; sole proprietors; partnerships; small businesses; government agencies; and corporations. This is a reliable retirement plan for yourself and your employees!
  • Health Savings Account (HSA) : With a Health Savings Account, you and your employees can pay for current health expenses and save for future qualified medical expenses. HSAs are interest-bearing and available to those covered by a High Deductible Health Plan (HDHP). Employers’ contributions to a HSA are tax-free. The balance in a HSA is even carried over to the next year.
  • Auto, Homeowners, and Life Insurance: We offer discounted insurance programs for our members! You and your employees can receive special savings on a wide selection of coverages through AAA, Members Insurance, and CUNA Mutual Insurance. Automatic insurance payments can be made through your Michigan Schools and Government Credit Union account.

We also offer:

Other Business and Personal Products & Services:

 

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