COVID-19, MSGCU, giving back, community, coronavirus, helping members
MSGCU is on the front line of your financesBy MSGCU on 10/23/2020
MSGCU drive-thru infographic


Here for you through COVID-19 (Text Version)


MSGCU is on the front lines of your finances.

Here’s how we helped members financially impacted by COVID-19.

  • $869,000+ loaned to members through 0% Coronavirus Relief Loans
  • Payments on 107+ million in loans deferred through Coronavirus Skip-A-Pay and Loan Extensions
  • Payments on 10+ million mortgages forborne as a MiMortgage Relief Partnership Financial Institution
  • $0 collected in fees through Skip-A-Pay and Loan Extensions
  • $6.3+ million provided in Paycheck Protection Program (PPP) loans to 137 small businesses
  • Donated $10,000 and distributed 5,100+ face shields to 40 local organizations including first responders, health care and essential front-line workers
  • Supported 21 local eateries with $1,000 grants with a matching $10,500 donation to “Macomb is Open” Contest

What members are saying

“Times are difficult enough for everyone, and when you get that layoff notice they get a little harder. It goes without saying your help in getting my payments held for a few months made the current situation a little less stressful. As far as I’m concerned, MSGCU is the gold standard by which other credit unions should be compared for customer service.” -Jeff, MSGCU member since 2014

Data as of 10/19/2020

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Category: Finance

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