1,400 Ann Arbor and Saline community members participated in MSGCU’s Shop Local, Bank Local

CLINTON TOWNSHIP, Mich. – Aug. 1, 2024 – Michigan Schools and Government Credit Union (MSGCU) recently teamed up with 12 businesses in Ann Arbor and Saline to present Shop Local, Bank Local events this summer. This initiative was created to give back to MSGCU’s neighbors and introduce the credit union to the community. While MSGCU has served members for 70 years, they recently opened two branches in Washtenaw County in Ann Arbor and Saline.

Small businesses are the backbone of our communities, with 68 cents out of every dollar spent staying in the local community, compared to 30 to 40 cents per dollar for national retailers. MSGCU selected the partner businesses to encourage local shopping and support its neighbors. Community members were invited to attend the events, where they could shop at participating local retailers and play a fun MSGCU spin-to-win game for the chance to receive a variety of prizes. Each event featured over $2,000 in prizes, including gift cards purchased by MSGCU from local businesses, deposits into savings or checking accounts, and MSGCU swag.

To support financial wellness for the community, MSGCU awarded multiple Certificates of Deposit during the events. Two CDs were also awarded as grand prizes at its Ann Arbor and Saline branch offices. Winners chose their term, allowing them to see first-hand how compounding CD interest can help them save for their goals.

“Shop Local, Bank Local featured prizes and special loan and CD offers that reflect MSGCU’s mission to promote financial success for our members and communities,” said Steve Brewer, MSGCU President/CEO. “This program was a unique way to invest locally and partner with municipalities and businesses to support sustainable communities.”

The credit union partnered with the following Ann Arbor and Saline businesses to present Shop Local, Bank Local events. Gift cards from these businesses were also featured as prizes to encourage local spending.

Ann Arbor:

Ann Arbor Farmers Market
Arbor Farms Market
Drip House
Found
Stadium Hardware
Wolverine Pickleball

Saline:

Brewed Awakenings Café
Emagine Theatre
KBK Garden Center
Nu2U Again Resale Shop
Saline Farmers Market
Station 300

MSGCU is a full-service financial institution, providing a comprehensive suite of products and services for its members. The credit union’s Ann Arbor branch is located at 2151 West Stadium Boulevard, and its Saline branch can be found at 6983 East Michigan Avenue. MSGCU invites anyone in Michigan to join the credit union and new members can open an account online or in person at any of its 22 convenient locations in Southeast Michigan.

Photo participant: Julie Kitchen, MSGCU Community Relations Specialist, at KBK Garden Center in Saline.