News
Read the latest about MSGCU and how we're helping our Michigan communities — then tell a friend.
Read the latest about MSGCU and how we're helping our Michigan communities — then tell a friend.
CLINTON TOWNSHIP, Mich. – January 14, 2025 – T&I Credit Union and Michigan Schools and Government Credit Union (MSGCU) are excited to announce their intent to merge. The merger was approved by regulators and will be effective on April 1, 2025, provided a successful member vote is achieved during a Special Meeting to be held at T&I Credit Union (600 N. Main St., Clawson, Mich. 48017) on March 18, 2025, at 5:00 p.m.
The two Michigan credit unions both share a 70-year commitment to supporting members and their local communities. Clawson-based T&I Credit Union, a $90 million asset size financial institution who serves 4,000 members, will merge into MSGCU, a $3.9 billion asset size credit union with 150,000 members, headquartered in Clinton Township.
“Keeping up with the technology and services that our members deserve has become increasingly difficult as a credit union of our size,” said T&I Credit Union CEO Kathy Karner, a 40-year veteran of the credit union. “Merging with Michigan Schools and Government Credit Union provides our members access to more services, a larger branch network, and more robust digital tools, while maintaining the high level of service and community involvement our members are used to.”
“MSGCU and T&I Credit Union share common core values and a dedication to the credit union philosophy of people helping people,” stated MSGCU President/CEO Steve Brewer. “We are excited to welcome T&I Credit Union members and team members into the MSGCU family following a successful member vote.”
T&I Credit Union’s team members will remain, and its branch office located in Clawson will become part of MSGCU’s 22-and-growing branch network following the merger and integration of systems.
More information can be found at ticreditunion.org/merger.
Members and communities are at the center of everything that we do. You have goals to reach and dreams to achieve, and we are here to help you prosper.