Featured Savings Rates
Featured Accounts

Michigan Schools And Government Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.70%18-month CD18 Month CD
1.70%18-month IRA18 Month IRA CD (Traditional, Roth, CESA)
2.05%5-year CD5 Year CD

Overview / Commentary
586-263-8800
40400 Garfield Rd
Clinton Township, MI 48038-4004

Michigan Schools And Government Credit Union is headquartered in Clinton Township and is the 7th largest credit union in the state of Michigan. It is also the 139th largest credit union in the nation. It was established in 1954 and as of March of 2017, it had grown to 278 employees and 111,881 members at 12 locations. Michigan Schools And Government Credit Union's savings rates are 25% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Michigan Schools and Government Credit Union is open to the following: (1) those who live, work, worship or attend school in Michigan’s lower peninsula; (2) employees, students, alumni, retirees, and former students of any educational institution in Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw and Wayne Counties in Michigan and their families; (3) any person over age 55 receiving retirement payments and live in or belong to a retirement organization in the counties above; (4) employees or retirees of any federal, state, county, or local government department or agency in the above counties.
See current membership details

Related Posts

Michigan Schools & Government CU Ups 18-month CD Rate - 7/28/2017

Michigan Schools and Government Credit Union has raised the rate on its 18-month CD (1.70% APY). The minimum deposit is $500. Also offered as an IRA.

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Health
A+

Health Grade Components

Overall
NCUA #62049
Year Chartered1954
Employees278
Primary Regulator
Profit Margin
Return on Assets - YTD1.54%
Return on Equity - YTD12.59%
Annual Interest Income$18.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.75B$1.58B
LoansQ1 2017vs Q1 2016$1.32B$1.16B
DepositsQ1 2017vs Q1 2016$1.53B$1.39B
Equity CapitalQ1 2017vs Q1 2016$208.6MM$182.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$13.7MM$16.2MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$2.6MM$4.3MM
Real Estate OwnedQ1 2017vs Q1 2016$233.00K$812.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Michigan Schools And Government Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Michigan Schools And Government Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$90k*-Gold Savings Account
OTHER TIERS: 0.55% $50k - $70k | 0.60% $70k - $90k
0.60%--Health Savings Account
0.45%*$40k*-Silver Saving Account
OTHER TIERS: 0.20% $100 - $10k | 0.25% $10k - $20k | 0.30% $20k - $40k
0.30%--IRA Account
0.25%--Holiday Club
0.15%--Regular Share
0.15%--You-Name-It Share Account
0.15%$100-Business Savings Account

Michigan Schools And Government Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Money Market Checking
OTHER TIERS: 0.10% $2,500 - $10k | 0.15% $10k - $25k

Michigan Schools And Government Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$250k*-Business Checking
OTHER TIERS: 0.10% Up to $100k | 0.15% $100k - $250k

Michigan Schools And Government Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.05%$500-5 Year CD
1.85%$500-4 Year CD
1.75%$500-3 Year CD
1.70%$500-18 Month CD
1.55%$500-2 Year CD
0.95%$500-1 Year CD
0.85%$250-2 Year Grow with Me CD
0.65%$500-6 Month CD
0.65%$250-1 Year Grow with Me CD
0.50%$250-6 Month Grow with Me CD

Michigan Schools And Government Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.05%$500-5 Year IRA CD
1.85%$500-4 Year IRA CD
1.75%$500-3 Year IRA CD
1.70%$500-18 Month IRA CD
1.55%$500-2 Year IRA CD
0.95%$500-1 Year IRA CD
0.65%$500-6 Month IRA CD
Locations

Michigan Schools And Government Credit Union has 12 locations. Click to view all Michigan Schools And Government Credit Union locations.