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Line of Credit (Instant Credit)

Out shopping and spot the perfect sofa for your living room or gas grill for the backyard? With a Michigan Schools and Government Credit Union Line of Credit, you won't have to worry about missing out on those surprise deals...or wonder how you're going to cover that unexpected auto repair.

A Line of Credit gives you the freedom and convenience to access your credit when you are ready, with no delays or loan papers to sign each time. Plus, upon request, it can protect your checking account against overdraft fees. One way to set yourself on the path to financial success is with Instant Credit.

With an Instant Line of Credit, you'll enjoy:

  • 24-hour access to funds
  • A competitive rate
  • A maximum credit line of $35,000
  • The option to use it as overdraft protection*
  • Check access
  • An automatic payment option
  • The opportunity to pay off the balance with no prepayment penalty

*In the event of insufficient funds, your Line of Credit will be activated and funds will be transferred to your Checking Account to cover any checks you write.

Line of Credit (Instant Credit)
TypeTermAPR* as low as
Variable None 11.00%

*APR= Annual Percentage Rate. Initial rate may change. Variable-rate loan may change quarterly based on the Wall Street Journal Prime Rate. Maximum APR is 18.0%. Contact Member Service Representative for more details.


Personal Signature Loan

With rates starting this low, now's the perfect time to take a vacation, make that big purchase, or consolidate high-interest rate loans and credit cards. Talk to us to see how we can help you improve your new year.

Our Personal Loans feature:

  • Competitive, fixed rates
  • Terms up to 72 months 
  • An automatic payment option
  • No penalty for prepayment

Signature Loan
TypeTermAPR* as low as
Fixed Up to 72 months 7.50%

Example: A loan amount of $5,000 at 9.75% for 72 months would have an approximate monthly payment of $92.00.

*APR=Annual Percentage Rate. Rates may be higher based on term and credit score. Contact Member Service Representative for more details.


Share Secured Loan

A Share Secured Loan earns you money, even as you spend it. How does that happen?

Your Share Savings account acts as collateral. This type of loan is a great way to rebuild your credit history. Setting yourself on the path to financial success could include a Share Secured Loan. Your share account balance determines the available loan amount, and the rate is a certain percentage above the current deposit rate.

Ask a Member Service Representative to assist you with this option.