Youth & Teen Opportunities

Early education leads to a lifetime of smart saving
 

  • Save-A-Lot Squad (Ages 0-12): A fun way for children to learn the value of a dollar. Open an account with just $5 to receive rewards, birthday cards, and access to exclusive contests.
  • MyMoney.club (Ages 13-17): We teach teens the basics of money management. Members enjoy free financial education seminars, college planning resources, and eligibility for special MSGCU scholarships.
  • Youth Classic Visa Credit Card: Designed for members ages 16-17 with a regular income, this card is the perfect "training wheels" for building a strong credit history responsibly.
  • Achieve Student Debit Account: For members ages 16-23, this account offers a Visa debit card, 24/7 mobile banking, and 30,000+ fee-free ATMs—perfect for the transition to college or the workforce. In addition, you can choose to round the amount to the nearest dollar after every purchase, and transfer the extra change into a savings account automatically.
  • Greenlight: Help your kids and teens build smart money habits. Greenlight’s debit card and app make earning, saving, and spending a hands-on learning experience. Sign up and fund your Greenlight card using an MSGCU checking account, and we will cover the cost of the plan.*
  • Youth Flex CD: Help your child’s savings grow faster. This one-year CD for members 17 and under allows unlimited deposits and two penalty-free withdrawals per term, earning 4.00% APY**.

Members of the Save-a-Lot Squad and MyMoney.club receive quarterly newsletters that contain money management tips, contests, and other activities. To sign someone up for either club, call Michigan Schools and Government Credit Union at 866.674.2848 or visit one of our branches.

Financial Solutions for Young Adults

Friendly terms make borrowing a breeze
 

  • College Degree Auto Financing Program: If you are a recent graduate or currently in grad school, you may qualify for special auto loans. Get the vehicle you need for your commute with low fees and flexible repayment terms.
  • FHA Mortgages for First-Time Buyers: These government-backed mortgages are valuable to first-time home buyers, allowing you to buy a home with a low down payment.

Michigan Schools and Government Credit Union also offers a wide range of personal loans and lines of credit that you may qualify for should you need money for education, big-ticket purchases, or to pay off high-interest credit cards. Contact us, and we'll help you choose the product that best fits your needs.

Scholarships

Rewarding Academic Excellence and Leadership
 

Each year, MSGCU awards more than $150,000 in scholarships to support our community's future leaders:

  • High School Seniors: Over two dozen scholarships for students with outstanding classroom and community records.
  • Future Educators: Specific scholarships for students majoring in education or current teachers pursuing advanced degrees.
  • Trade & Vocational: Support for those entering specialized career paths.

Visit msgcuscholarships.org to find out a lot more about what scholarships we offer and how to apply.

 

icon: stopwatch showing 5 minutes Check out MSGCU's student financial success interactive education. Take a 5-minute lesson or whole playlist.

 

*Michigan Schools & Government Credit Union members are eligible to participate in the Greenlight SELECT program at no cost when their Michigan Schools & Government Credit Union checking account is connected as the Greenlight funding source. Program eligibility is subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. If the program or partnership ends, members will continue to have access to their Greenlight account and will be responsible for any applicable subscription fees moving forward. Program scheduled to end 11/4/2028. See Greenlight terms for details. Program subject to change.

**APY = Annual Percentage Yield. APY and rate rounded to the hundredth percentile. $100 Minimum Balance Required. Maximum balance is $15,000. Two penalty-free withdrawals per term may be made via an MSGCU team member thru a branch, call, or video; additional withdrawals will incur a penalty. APY is accurate as of December 1, 2025. No parental account required. Certificate of Deposits will automatically transfer to Membership Share 01 at maturity. One CD per membership.