We recently opened branches in Ann Arbor and Saline and teamed up with local businesses in the community for Shop Local Bank Local events. Although the events have concluded, there is still time to win a $1,500 MSGCU certificate of deposit and to take advantage of our special offers!

Enter to win a $1,500 MSGCU certificate of deposit

Visit our new Saline or Ann Arbor branches to enter the raffle to win a $1,500 certificate of deposit before Saturday, June 15, 2024, at 1 p.m.

Ann Arbor branch

Ann Arbor
2151 W. STADIUM BLVD. 

Saline branch

Saline
6983 E. MICHIGAN AVE.

 

Special offers

5.60% APY* 5-month CD with a new checking account. Boost your savings with a promotional CD when you open a new MSGCU checking account. You get a guaranteed return on your CD and a checking account that checks all the boxes. Visit us in Ann Arbor or Saline to get started – available through June 30.

$100 bonus on loans of $5,000 or more. With a special loan bonus and market-leading rates, you can count on MSGCU to help you save. Compare rates for yourself. We have auto loans for new or used vehicles as low as 6.49% APR§ (2016 & newer). National average auto loan rates: 7.20% APR new, 11.90% APR used. $100 bonus offer ends June 30. Apply Now.

Earn up to $1,500^ with Referral Rewards. Share MSGCU with friends and you both get rewarded! Learn more.

Thank you to our community partners

Ann Arbor Farmers Market logo arbor farms market brewed awakenings logo drip house logo emagine logo found logo KBK logo nu2u logo saline farmers market logo stadium hardware logo station 300 logo wolverine pickleball logo

 

MSGCU SHOP LOCAL BANK LOCAL DRAWING OFFICIAL RULES
The Shop Local Bank Local Event Raffles and Branch Grand Prize Raffle (the “Drawings”) include multiple day-of-event drawings and two (2) grand prize drawings, one (1) at each of two (2) participating locations.

AGREEMENT TO OFFICIAL RULES:
The Drawings shall be governed by Michigan law. By participating in the Drawings, you agree to abide by and be bound by these Official Rules and the decisions of Michigan Schools and Government Credit Union (MSGCU), which shall be final and binding in all matters related to the Drawings.

ELIGIBILITY:
The Drawings are open and offered only to individuals who are legal residents of Michigan, aged 18 or older at the time of entry. Employees and officials of MSGCU, 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 Drawings or win the prize. The Drawings are void outside of the state of Michigan and where otherwise prohibited by law. Winners of the $500 Certificate of Deposit prize at day-of-events are not eligible to enter or win the Branch Grand Prize raffles.

SPONSOR/ADMINISTRATOR:
The Drawings are sponsored and administered by Michigan Schools and Government Credit Union (“MSGCU”), 40400 Garfield Road, Clinton Twp., MI 48098 (“Sponsor”) and include two participating locations:
• MSGCU Branch Office – Ann Arbor, 2151 W. Stadium Blvd., Ann Arbor, MI 48103
• MSGCU Branch Office – Saline, 6983 E. Michigan Ave., Saline, MI 48176

HOW TO ENTER:
Day-of-events: During the dates and times listed below, representatives of MSGCU will be on the premises of the businesses listed below. Eligible parties can participate in the drawings for a random prize selection, detailed above.
Days, times and locations are subject to change without notice and at the Sponsor’s discretion. Branch Grand Prize: The entry period for the Branch Grand Prize Raffle will be open from Monday, May 20, 2024, at 9 a.m., until Saturday, June 15, 2024, at 1 p.m.
Eligible persons can enter the Drawing by completing an entry ticket at a participating location, or by mailing an entry ticket or a letter containing their name, phone number, address, email address, and whether they are an MSGCU member to a participating location. All mailed entries must be received by Saturday, June 15, 2024, at 1 p.m.
Each completed Drawing 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 one entry by using multiple/different phone numbers, names, identities, or any other methods will void that persons entry(s) and the person will be disqualified from winning the Prize. Winners of day-of-event prizes may enter the Branch Grand Prize raffle, except for the winner of any $500 Certificate of Deposit prize.

CONDITIONS OF PARTICIPATION:
Sponsor makes no representations or warranties of any kind with respect to the Drawings. Any warranty, express or implied, is hereby excluded and disclaimed. Sponsor is not responsible for lost, late, illegible, misdirected, inaccurate, incomplete, undelivered, damaged, delayed, garbled, postage-due, or stolen mail or entries, or for any other errors or problems of any kind, whether typographical, printing, mechanical, human, electronic, or otherwise, relating to or in connection with the Drawing, including, without limitation, any error or problem that may occur in connection with the administration of the Drawing, the processing of nominating entries, the announcement of prizes, or in any Drawing-related materials. Nominating entries that have been tampered with or altered are void.
Sponsor reserves the right, in its sole discretion, to cancel or suspend part or all of the Drawings at any time without notice for any reason. Without limiting the forgoing, of the operation or administration of these Drawings are 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 these Drawings, the Sponsor reserves the right, in its sole and absolute discretion, to disqualify any Participant or other person who tampers with the entry process, and/or to cancel, terminate, modify or suspend the Drawings in whole or in part, at any time, without notice and award the applicable prize(s) 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 or Participant 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. Caution: Any attempt by a Participant or any other person to damage or undermine the legitimate operation of the Drawing may be in violation of criminal and civil laws and, should such an attempt be made, Sponsor reserves the right to seek any and all remedies available from any such person to the fullest extent permitted by law, including criminal prosecution. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that or any other provision.

DRAWING AND NOTIFICATION:
Day-of-events: There will be separate drawings for each event location detailed above, for a total of 10 (10) day-of-events. At each event, eligible participants randomly select one prize, which are detailed below in the prizes section of these Official Rules. The prize may be unknown at the time of random selection. Must be present to win at day-of-event drawings. Some prizes may need to be redeemed at a participating location as indicated in Prize Conditions, and all redemptions must be received by Saturday, June 29, at 1 PM.
Branch Grand Prizes: One (1) prize from each branch location (Ann Arbor and Saline) will be awarded to two (2) winners. The winners will be selected by random drawing from all eligible entries received at each participating location by the Sponsor, whose decisions are final and binding. The prize drawing will be conducted on Saturday, June 15, 2024, at 1 p.m., at each of the participating locations listed above and winners will be notified on or before Monday, June 17, 2024, by 5 p.m. The winners will be contacted by the Sponsor at the telephone number provided with the entry or will be present at time of event. If a potential winner cannot be contacted at the phone number provided with the entry within three business (3) 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 entries. The Branch Grand Prize must be redeemed within seven (7) business days of notification.

ODDS OF WINNING:
Day-of-events: While supplies last, all participants will receive a prize. Odds of winning depends on the number of participants. All eligible participants shall have an equal chance to win prizes.
Branch Grand Prizes: Odds of winning will depend on the total number of eligible entries received throughout the Drawing Period. All eligible Drawing entries shall have an equal chance to win the prize.

PRIZES:
Day-of -event: Sponsor is providing prizes for each event listed above, in various formats and value amounts as follows:
• MSGCU-branded items of various levels of value.
• Seventeen (17) local business gift cards of $25
• Three (3) local business gift cards of $75
• Three (3) $100 deposits into an MSGCU membership share or Regular, Fresh Start, or Achieve checking account
• One (1) $500 Certificate of Deposit
Branch Grand Prizes: Sponsor is providing two (2) total $1,500 Certificates of Deposit, one (1) at each participation location.

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.
MSGCU primary membership, including $5 membership share if applicable, is required to accept the prizes of $100 deposit into an MSGCU savings or checking account, $500 Certificate of Deposit, and/or $1,500 Certificate of Deposit. Prizes of $100 deposit, or any CD must be redeemed by the winner and cannot be opened on behalf of another individual. Winning member may choose the CD term length and the CD will have the current rate at that term on the day of CD opening. Additional funds cannot be added to Certificate of Deposit prizes. Not all prizes may be awarded at each day-of-event. All prizes, except for MSGCU-branded items, will be redeemed at a participating location, and all redemptions must be received by Saturday, June 29, at 1 PM.

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 Drawings 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 (collectively “Claims.”). 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 Drawings 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 Drawings or in the announcement of the prize. This limitation of liability is a comprehensive limitation of liability that applies to all damages of any kind, including (without limitation) compensatory, direct, indirect, or consequential damages; loss of data, income or profit; loss of damage to property; and claims of third parties.

LIMITATION OF LIABILITY:
IN NO EVENT WILL SPONSOR, ITS OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, AND/OR THE INDEMNIFIED PARTIES 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 ANY PRIZE.

PUBLICITY AUTHORIZATION:
Each Participant consents and agrees to permit Sponsor to use his/her/their name, photo, voice, likeness and/or city of residence on promotional and other materials via all forms of media now known or hereafter devised worldwide, in perpetuity, without any further or additional notice, attribution, permission or compensation (other than prizes won) to the Participant, his/her/their successors or assigns, or any other entity except where prohibited by law. Each Participant also agrees that his/her/its name and/or prize may be revealed to other Participants upon request.

COMPLIANCE WITH LAW:
Except where prohibited, all issues/questions concerning the construction, validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of the participants, prize winners, the Indemnified Parties and Sponsor in connection with the Drawings shall be governed by, and construed in accordance with the laws of the State of Michigan and applicable Federal law. Any dispute arising between Sponsor and any Participant and/or any dispute concerning Sponsor’s administration of the Drawings shall likewise be governed by, and construed in accordance with, the substantive laws of the state of Michigan and applicable Federal law. The Drawings are void where and to the extent prohibited by law.

ARBITRATION:
Except where prohibited by law, as a condition of participating in the Drawings, Participants agree that (1) any and all disputes and causes of action arising out of or connected with the Drawings, or any prizes awarded, shall be resolved individually, without resort to any form of class action, and exclusively by final and binding arbitration under the rules of the American Arbitration Association and held at the AAA regional office nearest the participant; (2) the Federal Arbitration Act shall govern the interpretation, enforcement and all proceedings at such arbitration; and (3) judgment upon such arbitration award may be entered in any court having jurisdiction. Under no circumstances will participants be permitted to obtain awards for, and Participants hereby waive all rights to claim, punitive, incidental or consequential damages, or any other damages, including attorneys' fees, other than Participants actual out-of-pocket expenses (i.e., costs associated with participating in the Drawings), and Participants further waive all rights to have damages multiplied or increased.

MISCELLANEOUS:
Sponsor reserves the right to amend these Official Rules or discontinue, modify, revise or amend the Drawings at any time. Sponsor disclaims any responsibility to notify Participants of any aspect related to the conduct of the Drawings. Written copies of these Official Rules are available during normal business hours at a participating location.

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.

*APY = Annual Percentage Yield. The 5-month promotional CD is offered as of 5/20/2024 for new money only. Available with opening and funding first new checking account with $500 or more or available to current MSGCU checking account holders with active direct deposit of $250 or more. Minimum balance to open the CD account and earn the advertised APY is $500. Maximum CD balance of $100,000. Penalty for early withdrawal. Businesses and municipalities are not eligible. Available only at Ann Arbor and Saline branch locations through 6/30/2024. Terms and rates are subject to change at any time without notice.

†$100 offer available only at Ann Arbor and Saline branch locations through 6/30/2024. Eligible loans must be closed by 8/23/2023. Subject to credit approval. APR may be higher, based on term of loan, credit score, collateral, and loan to value. Eligible loans include new or used purchase, refinance from another lender, and refinance existing MSGCU loans with an increased balance of $5,000 or more. Applies to loans closed and funded at the Ann Arbor and Saline MSGCU branch locations only. Ask an MSGCU Representative for details.

‡Edmunds 2024: Car Loan Rates (APR) in the U.S. for Used and New Cars; https://www.edmunds.com/car-loan-apr-interest-rate.

§APR=Annual Percentage Rate.

^You must be a legal resident of the United States of America, at least 16 years old, and a member of MSGCU to participate in the Program. Referrals made to existing members of MSGCU are invalid. By making a valid referral that is completed by a Friend in accordance with the Program Terms, you and the Friend will each receive a cash reward as follows: $5 for a new MSGCU membership which is established by the Friend and remains in good standing for a period of at least 60 days; $25 for an approved and funded Auto, RV, Boat or Power Sport loan of $5,000 or more applied for by the Friend within 10 days of membership open date; $25 for a new MSGCU VISA credit card which the Friend must apply for within 10 days of membership open date and be approved for within 30 days of application date; $100 for an approved and funded mortgage loan applied for by the Friend and funded within 180 days of membership open date; $25 for a new checking account opened by the Friend and funded with $25 or more within 10 days of membership open date. The Friend will receive an additional $25 reward if they make 10 debit card transactions of $10 or more via the new checking account within 60 days, or they receive a direct deposit of $100 or more into the account within 60 days. Only one reward per reward type is available, for each Friend referred, subject to a maximum of $1,500 in cash rewards per calendar year. Rewards will be automatically deposited into your oldest existing MSGCU primary share account two business days following confirmation by MSGCU that the referral has been made in full compliance with the Program Terms. Reward cash payments are considered interest and annual payments totaling $600 and above will be reported on IRS Form 1099-MISC, to federal, state, and local tax authorities, if required by applicable law. You are responsible for any taxes due. For full terms and conditions, visit https://www.msgcu.org/disclosures-and-fees.