Banking Resources For Educators | MI Teachers Resources

Happy Teacher Appreciation Week!

Enter to win 1 of 2 $500 account deposits, May 1 - 30

Get up to $750 for your innovative classroom project with our Classroom Cash Grants program

Bring valuable financial responsibility lessons to your classroom

Tools that help you achieve your goals.

As a credit union founded by teachers 70 years ago, we value the important work educators do every day. Supporting you goes beyond accounts, it goes to the heart of what you do in the classroom. To help support you, MSGCU offers free educational resources, as well as grant and scholarship opportunities.

Grow your own financial knowledge with our interactive financial education platform and blog
Bring tailored lessons by our award-winning consumer education team directly to your workplace
Attend one of our free virtual or in-person workshops to educate yourself or your students
Get a 0% APR* loan to enrich the classroom experience
Learn more about of our annual scholarships for accomplished high school seniors and educators returning to school

Membership with unexpected rewards

From opening your first account as an MSGCU member to guiding you through home purchases, we stand by you. When you begin your journey with MSGCU, you can bank on attentive service and professional guidance from a Michigan credit union formed by educators and committed to helping you succeed.

Become an MSGCU member with our School Employee Pack, and we'll deposit your first $25^
Get free financial counseling at any one of our 23 branch offices.
Save time with free Direct Deposit and make payments or build up your savings with Automatic Funds Transfers.
Get great CD rates and plenty of help along the way. We’re always looking for opportunities to help you grow your money — whether you're saving for retirement or your next big splurge.
Earn cash rewards by referring friends and family members to MSGCU.
Get access to affordable mortgages, with 0% down payments for first-time home buyers.

*Annual Percentage Rate. Credit subject to approval. Normal credit standards apply.
^To receive the $25 deposit at account opening, the member must qualify for and open a checking account, regular savings account, and one additional savings or loan product. $25 offer is subject to change without notice.

2025 Teacher Appreciation Raffle

AGREEMENT TO OFFICIAL RULES: The 2025 Teacher Appreciation Raffle (the ”Drawing”) is available only to legal residents of the state of Michigan, ages 18 and older, and shall be governed by Michigan law. By participating in the Drawing, you agree to abide by and be bound by these Official Rules and the decisions of Michigan Schools and Government Credit Union, which shall be final and binding in all matters related to the Drawing.

ELIGIBILITY: The Drawing is open and offered only to individuals who are legal residents of Michigan, school employees, aged 18 or older at the time of entry. Employees and officials of Michigan Schools and Government Credit Union, their immediate families (parent, child, sibling or spouse) and/or persons living in their household, and any other persons or entities associated with this Drawing (“Official Family”) are ineligible to enter the Drawing or win a prize. The winners of the raffle must provide proof of employment at a school. The Drawing is void outside of the state of Michigan and where otherwise prohibited by law.

SPONSOR/ADMINISTRATOR: The Drawing is sponsored and administered by Michigan Schools and Government Credit Union (“MSGCU”), 40400 Garfield Road, Clinton Twp., MI 48098 (“Sponsor”).

HOW TO ENTER: The entry period for the Drawing will be open from May 1, 2025, at 9 AM, until May 30, 2025, at 5 PM. Eligible persons can enter the drawing by entering the information requested on the MSGCU website or by mailing a letter containing their name, phone number, address, email address and whether they are an MSGCU member to 4555 Investment Dr, Troy, MI 48098. All mailed entries must be received by May 29, 2025 at 5 PM. Each completed entry will generate one (1) Drawing entry. Entry is limited to only one (1) entry per person and only one entry will be permitted using any specific phone number. Any attempt by any person to obtain more than the allowed number of entries by using multiple/different phone numbers, names, identities, or any other methods will void that person’s entry(ies) and the person will be disqualified from winning a prize.

CONDITIONS OF PARTICIPATION: If for any reason the operation or administration of this Drawing is impaired or incapable of running as planned for any reason, including but not limited to (a) infection by computer virus, bugs, (b) tampering or, unauthorized intervention, (c) fraud, (d) technical failures, or (e) any other causes beyond the control of the Sponsor which corrupt or affect the administration, security, fairness, integrity or proper conduct of this Drawing, the Sponsor reserves the right, in its sole and absolute discretion, to disqualify any person who tampers with the entry process, and/or to cancel, terminate, modify or suspend the Drawing in whole or in part, at any time, without notice and award the applicable prize using all non-suspect eligible entries received as of, or after (if applicable) such cancellation, termination, modification or suspension date, or in any manner that is fair and equitable and best conforms to the spirit of these Official Rules. Sponsor reserves the right, in its sole and absolute discretion, to disqualify any person deemed to be tampering or attempting to tamper with the entry process and/or acting in violation of these Official Rules or in an unsportsmanlike or disruptive manner. Failure by the Sponsor to enforce any provision of these Official Rules shall not constitute a waiver of that provision of the Official Rules. Sponsor reserves the right to amend these Official Rules or discontinue the Drawing at any time.

DRAWING AND NOTIFICATION: Two (2) prizes will be awarded to two (2) winners. The winners will be selected by random drawing from all eligible entries received by the Sponsor, whose decisions are final and binding. The prize drawings will be conducted on June 2, 2025, and winners will be notified by June 3 by 5 PM. The winners will be contacted by the Sponsor at the telephone number provided with the entry or will be present at time of drawing. If a potential winner cannot be contacted at the phone number provided with the entry within three (3) business days after the first attempt to contact him/her, the Sponsor may select an alternate potential winner in his/her place at random from the remaining eligible entries.

ODDS OF WINNING: Odds of winning will depend on the total number of eligible entries received throughout the Drawing Period and the total number of entries that you have submitted. All eligible entries shall have an equal chance to win the prize.

PRIZES: There are two (2) prizes of $500 each. Prizes will be deposited into the winner’s primary share account within two (2) business days of the notification of winning, subject to verification of eligibility and other conditions as set forth in these Official Rules. MSGCU primary membership, including $5 membership share if applicable, is required to accept the prize.

PRIZE CONDITIONS: The potential prize winners are required to sign a Media/Publicity Release and return same to Sponsor within seven (7) business days of notification, or the prize may be forfeited and an alternate potential winner selected. In Sponsor’s sole discretion, if a potential prize winner cannot be notified, or if a potential prize winner fails to return a completed required document within the specified time period, or if a potential prize winner is not in compliance with these Official Rules, then such person shall be disqualified and an alternate winner will be selected for the prize at issue. The Sponsor reserves the right in its sole and absolute discretion to substitute the prize with another prize of equal or greater value in the event that the prize (or any component thereof) is not available as determined by the Sponsor in its sole and absolute discretion.

TAXES AND TAX REPORTING: Prize winners are solely responsible for all federal, state, and local taxes, and any expenses associated with the prize. Prize winners must provide all information necessary for Sponsor to make required tax reports. The failure of a prize winner to provide such information shall result in the prize being forfeited by prize winner.

RELEASE AND HOLD HARMLESS: By entering the Drawing and/or accepting a prize, the prize winner agrees to hold Sponsor and its officers, directors, employees, representatives, and agents harmless from any and all liability whatsoever in connection with the Drawing, including without limitation, legal claims, costs, injuries, losses or damages, demands with respect to (a) any errors that may prevent a person from submitting an entry; (b) unauthorized human intervention in the Drawing; (c) printing errors; (d) errors in the administration of the Drawing or the processing of entries; (e) injury, death, or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from participation in the Drawing or receipt of any prize; (f) all claims based on publicity rights, defamation, use of image of likeness and/or breach of any right of privacy; or (g) any other claims or actions of any kind. Except where prohibited by law, acceptance of a prize constitutes a release by the prize winner of any and all claims in connection with the administration of the Drawing and the use, misuse or possession of any Prize. Sponsor is not responsible for any printing, typographical, mechanical or other error in the administration of the Drawing or in the announcement of the prize.

LIMITATION OF LIABILITY: IN NO EVENT WILL SPONSOR, ITS OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES AND AGENTS BE RESPONSIBLE OR LIABLE FOR ANY DAMAGES OR LOSSES OF ANY KIND (INCLUDING WITHOUT LIMITATION, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES) ARISING OUT OF PARTICIPATION IN THIS DRAWING OR THE ACCEPTANCE, POSSESSION, USE, OR MISUSE OF, OR ANY HARM RESULTING FROM THE ACCEPTANCE, POSSESSION, USE OR MISUSE OF THE PRIZE.

PUBLICITY AUTHORIZATION: Sponsor may use any prize winner’s name, photo, voice, likeness and/or city of residence for promotional purposes via any and all forms of media, in perpetuity, without further or additional notice, attribution, permission or compensation, except where prohibited by law. Prize winner agrees that his/her name and prize may be revealed to other Drawing participants upon request.

COMPLIANCE WITH LAW: All issues and questions concerning the Drawing, these Official Rules, the rights of the participants in connection with the Drawing, any dispute arising between Sponsor and any Drawing participant and/or any dispute concerning the administration of the Drawing shall be governed by and construed in accordance with the laws of the State of Michigan and applicable Federal law.

USE OF DATA: All information submitted will be treated according to Sponsor’s Privacy Policy, available at https://www.msgcu.org/privacy. By participating in the Drawing and providing your contact information, all persons entering hereby agree to Sponsor’s collection and usage of their personal information and acknowledge that they have agreed to be bound by Sponsor’s Privacy Policy.

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