Michigan Schools and Government Credit Union (MSGCU) is a not-for-profit financial institution that has been dedicated to promoting financial success for its members for the past 70 years. Its broad field of membership includes educational and government employees, students and alumni, retirees, and residents in the lower peninsula of Michigan. Established in 1954 by a small group of school teachers in Macomb County, MSGCU has expanded to more than 130,000 members and $2 billion in assets with 17 branches. Despite economic challenges, the credit union has thrived, consistently achieving Bauer Financial's highest rating, five stars, and maintaining a remarkable 96% member satisfaction rate. The institution's financial stability is further substantiated by its Federal insurance by NCUA, ensuring the safety and security of members' funds. With its focus on providing superior financial services and a commitment to returning revenue to members through lower loan rates and higher savings rates, MSGCU stands as a notable player in the finance, financial services, and banking industries.
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