Michigan Schools & Government Credit Union

Amazing folks!
In the cold heartlessness of the financial arena there is one shining star. Michigan school and government credit union.
After a personal bankruptcy that was completed about five years prior my personal business and financial life was getting back on track.
With my credit score now slightly above average I thought I would join a credit union and pursue loans to replace the family buggy and a business upgrade.
To my amazement I was actually turned down by two credit unions for even a basic checking account. I will review one of these phony operations in a subsequent review.
A customer of mine recommended I contact Michigan school and government credit union.
Very glad I did: Manager Norm at the Royal oak office not only signed me up but secured for me the two loans I needed at that point in time.
Thank you Norm and crew and may God bless you all!
If you need a great financial institution believe me this is the one and only.

Fantastic credit union overall, and my favorite branch of those in the immediate area due to its layout, spaciousness, and hours (staff and service are consistently friendly and knowledgeable at all branches I’ve visited – Garfield in Clinton Twp., Little Mack in St. Clair Shores, and Metro Parkway in Sterling Heights).
I can speak very highly of all their products that I’ve used: their basic checking and savings accounts, and car loans. I switched my checking and savings accounts from National City/​PNC in spring 2010, after most banks started increasing fees and restructuring their basic checking accounts (in the wake of congressional legislation which effectively forced them to do so).
MSGCU’s checking accounts have no minimum balance, charge no fees, and are easy to manage and access. They offer Visa debit cards linked to your checking account that can also debit money being processed as credit cards (like most places nowadays), which allows you to use it everywhere that accepts Visa. Their savings accounts require a minimum balance of $ 5.00 and have an annual interest rate of 0.15%. I also have a 60-​month auto loan on a 2013 used vehicle I purchased in February 2014; I was able to get a 1.99% interest rate (with very good credit and on a newer vehicle; their current interest rates increase by 0.5% per year for model year 2011 vehicles and older for borrowers with very good credit). Their loan rates are excellent in my opinion; much better than what you’d expect at a bank.
MSGCU’s online banking system and Android app are user-​friendly and make it easy to manage your accounts; their lobby, drive-​through, and on-​location ATM services are also great, with courteous, highly knowledgeable, and efficient employees staffing the former two.
The only major downside (comparable to banks) is that it’s somewhat tough to actually withdraw cash if you need it at locations other than their branch office ATMs. They don’t charge any fees at other companies’ ATMs, but they also don’t reimburse for THOSE companies’ fees, so you’ll end up paying $ 2.50-$ 3ish for cash withdrawl at most places. The only exception to this are 7 – 11 locations, whose ATMs don’t charge a fee for MSGCU customers, so it’s free to withdrawl there. Random, but that’s the deal they’ve worked out.
I’ve also recently found out that they partner with «servicing centers» across the country if you relocate or are on vacation, at which you can do banking services you’d be able to do at MSGCU branches.
All in all, go for it! Great hometown place to keep your money and/​or loans with employees who are professional and knowledgeable.

Although it has been many years since I was a member of this credit union, they still have a warm spot in my heart. The employees were always friendly and knew my name. Financial services were available, and much more affordable than traditional banks.
I still use their ATM from time to time and remember their great service.

A great credit union. The staff works their hardest to satisfy you, the customer. !!!

Nice folks to help you take care of your money. Never a problem; nothing too tough for them to do. Open reasonable hours. Drive thru and outdoor ATMs.