Michigan Schools And Government Credit Union Royal Oak MI | Low Mortgage Rates & Top Checking Accounts

Introduction

Welcome to Michigan Schools And Government, located at 31805 Woodward Ave, Royal Oak, MI 48073. With a proud history since 1954, we are dedicated to serving our community and providing financial solutions tailored to your needs. As part of the Michigan Schools And Government family, we proudly support over 152,000 members with a commitment to excellence in personal and business banking. At our Royal Oak branch, you'll find a friendly team ready to assist you with a range of services, including auto loans, mortgage financing, credit cards with rewards, and more. Our total assets stand at an impressive $3,804,369,436, reflecting our stability and trustworthiness in the financial landscape. We manage over $40,804,012 in deposits for our members while maintaining a net worth of $456,882,719, ensuring your funds are safe and sound. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: 40400 Garfield Road, Clinton Township, MI 48038. We encourage you to reach out via phone at 586-263-8800 or explore our website at msgcu.org for more information about our services. Under the leadership of CEO Steve Brewer and Board President Douglas Smith, we are dedicated to making a positive impact in the community. Whether you need assistance with your personal finances or are looking for business banking solutions, we invite you to experience the difference that a member-focused credit union can make. Join us today and let's work together towards achieving your financial goals!

Branch History & Mission

Welcome to Michigan Schools And Government, a credit union that has proudly served the Royal Oak community since 1954. Located at 31805 Woodward Ave, Royal Oak, MI 48073, we have been a cornerstone of financial support for our members, growing alongside them over the decades. With a strong focus on member satisfaction and community involvement, we have cultivated a rich legacy that reflects our commitment to helping individuals and families achieve their financial goals. Over the years, Michigan Schools And Government has evolved from a small local institution into a thriving credit union with a total membership of 152,072 and total assets amounting to an impressive $3,804,369,436. This growth is not just a reflection of our financial success but also of our dedication to providing quality services tailored to meet the diverse needs of our members. Our journey has been marked by numerous milestones, including the introduction of advanced banking technologies and services aimed at enhancing member experience. At Michigan Schools And Government, our mission is clear: we aim to empower our members through accessible financial services while fostering community support. We believe in putting people first offering everything from checking and savings accounts to auto loans and mortgage refinancing. Our goal is to not only provide excellent financial products but also to contribute positively to the communities we serve through various outreach initiatives. Our branch operates during convenient hours: Monday through Wednesday from 9:00 AM to 5:00 PM; Thursday and Friday from 9:00 AM to 6:00 PM; and Saturday from 9:00 AM to 1:00 PM. We also offer ATM availability and drive-thru banking for added convenience. While members can visit us at our Royal Oak address, official correspondence should be sent to 40400 Garfield Road, Clinton Township, MI 48038 if different from our branch address. As part of our commitment to accessibility and innovation, we ensure that all members can take advantage of digital banking features such as online banking and mobile payments. We are also proud of our partnerships with local organizations that allow us to give back meaningfully through community service efforts. If you're looking for a financial partner that truly cares about you and your future, consider joining Michigan Schools And Government today. Experience the difference that comes with being part of a credit union that prioritizes its members above all else. Visit us or call us at 586-263-8800 to learn more about how we can assist you on your financial journey!

Branch Location & Accessibility

Operating Hours

We know your time is valuable, which is why we offer flexible banking hours. Our lobby is open Monday through Wednesday from 9:00 AM to 5:00 PM, and on Thursday and Friday from 9:00 AM to 6:00 PM. We also welcome you on Saturdays from 9:00 AM to 1:00 PM. Unfortunately, we are closed on Sundays.

Parking and Accessibility

At our branch, we prioritize your convenience. Ample parking is available nearby, and we are proud to offer ADA-compliant features such as ramps and accessible entrances to ensure everyone can visit us comfortably.

Services Offered

Our branch provides a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. You can also take advantage of our drive-thru service for deposits and withdrawals or use our ATM for cash withdrawals and balance checks available right on-site! Feel free to reach out to us at 586-263-8800 with any questions or simply drop by during our operating hours. We look forward to welcoming you at Michigan Schools And Government in Royal Oak!

Member Eligibility

At Michigan Schools And Government, we believe that becoming a member means joining a close-knit community where everyone supports each other. If you're looking to join us at our Royal Oak location, located at 31805 Woodward Ave Royal Oak Mi 48073, you might be happy to know that eligibility is quite straightforward! Generally, anyone who lives, works, or attends school in Michigan can become a member. This includes family members of current members too! To learn more about the specific eligibility criteria, feel free to check out this resource: http://www.msgcu.org/michigan-credit-union-membership. Joining Michigan Schools And Government not only gives you access to a range of financial services but also opens the door to personalized support and community-focused banking. Plus, the account opening process is simple and user-friendly just visit http://www.msgcu.org/apply-for-a-michigan-loan to get started! If you have any questions or need assistance along the way, don't hesitate to give us a call at (586) 263-8800. We're excited to welcome you into our family!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $272 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $238 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $142,426,080, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer comprehensive merchant services designed to simplify payment processing. Imagine a local café using our services to accept card payments seamlessly during a busy morning rush. Our reliable systems ensure that you can focus on serving your customers while we handle the transactions smoothly. This means more sales for you and a better experience for your clients. Explore how our business banking solutions at Michigan Schools And Government, located at 31805 Woodward Ave Royal Oak Mi 48073 in Royal Oak, MI, can support your journey towards success. Reach out today at (586) 263-8800 to learn more!

Comprehensive List Of Services

Accessing Our Services

Our friendly staff is always ready to assist during our operating hours: Monday through Wednesday from 9:00 AM - 5:00 PM; Thursday and Friday from 9:00 AM - 6:00 PM; and Saturday from 9:00 AM - 1:00 PM. Whether you're visiting us in person or accessing our services online, we're committed to making banking simple and accessible. If you're ready to take the next step towards achieving your financial dreams with Michigan Schools And Government, give us a call at 586-263-8800 or visit us online at www.msgcu.org today! Let us help you navigate your financial journey with confidence and ease.

Credit Options with Benefits

With our credit cards featuring rewards, you can earn points on everyday purchases while enjoying the flexibility of credit. This means every coffee run or grocery trip could bring you closer to exciting rewards! For those running a business, we have tailored business banking services including merchant services and business loans. It's essential to have reliable support as you grow your venture, and we're here to provide just that.

Digital Banking Convenience

In today's fast-paced world, we know how important it is to stay connected. That's why we offer robust online and mobile banking features. You can check balances, transfer funds, and even deposit checks from your smartphone no need for lengthy trips to the bank! Our ATM services allow for quick cash withdrawals and balance checks whenever you need them.

Home Financing Made Simple

Buying a home is one of the biggest decisions you'll ever make. At our branch, we offer mortgage loans and refinancing solutions that cater to various budgets and lifestyles. Our knowledgeable team will guide you through the process, ensuring you find the right mortgage that fits your needs. Just think about how wonderful it would be to finally own your home! If you're facing debt challenges, our personal loans and debt consolidation services can help lighten the load. We're dedicated to helping you regain control over your finances by providing options that work for you.

Personal Banking Solutions

We understand that managing your money can sometimes feel overwhelming. That's why we offer personal banking options, including checking and savings accounts, designed to help you manage your day-to-day finances efficiently. Imagine having easy access to your funds, allowing you to pay bills effortlessly or set aside money for that dream vacation. When it comes to financing larger purchases, our auto loans and vehicle financing options are here for you. Whether you're purchasing a new car or refinancing an existing loan, our competitive rates and flexible terms make it easier than ever. Picture driving off in your new vehicle without breaking the bank!

Digital & Online Banking

At Michigan Schools And Government, we understand that your time is valuable. That's why we offer a range of digital and online banking services designed to provide you with convenience and security, right at your fingertips. With our commitment to keeping your financial information safe, you can manage your accounts anytime, anywhere. One of the highlights of our services is our 24/7 online banking feature, which allows you to check balances, pay bills, and transfer funds whenever it suits you. Simply visit us at https://www.msgcu.org/ to access your account securely. We also offer e-statements, so you can go paperless and view your monthly statements online. This not only helps the environment but also makes it easy for you to keep track of your finances. If you're always on the go, our mobile application is perfect for you! You can make mobile payments directly from your phone, ensuring that paying for everyday purchases is fast and hassle-free. Plus, our person-to-person transfer feature lets you send money to friends and family quickly no need for cash or checks! For added flexibility, we provide electronic signature authorization, making it easier than ever to sign documents digitally without the need to visit a branch. All these features are designed with you in mind, offering a user-friendly experience that fits into your busy lifestyle. With Michigan Schools And Government, managing your finances has never been easier or more secure. Join us today and take advantage of our innovative digital banking solutions!

Financial Strength

At Michigan Schools And Government, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We strive to be a trusted partner in your financial journey, ensuring that you feel confident in our strength and reliability. With a net worth of $456,882,719, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,201 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,459,862,916 in share certificates and $940,716,068 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to innovation is reflected in our $427,013,184 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $42,923 in used auto loans and $3,276,657,477 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our robust performance is further highlighted by our $29,869,535, reflecting our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 435 full-time employees and 20 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $3,089,821. Total Share and Deposit Accounts: 341,160, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Michigan Schools And Government is your trusted partner. Visit us at 31805 Woodward Ave Royal Oak Mi 48073 or call (586) 263-8800 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $741,169,654 in used vehicle loans and $186,772,510 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we have options tailored for you.

Business Loans

For business owners, our outstanding commercial loans totaling $142,426,080 provide the capital needed to grow and expand. We are here to support your entrepreneurial spirit by offering competitive rates and personalized service. Our diverse loan offerings reflect our commitment to meeting the unique needs of our members at Michigan Schools And Government, located at 31805 Woodward Ave Royal Oak Mi 48073 in Royal Oak, MI. For any inquiries or to learn more about our loan products, don't hesitate to reach out at (586) 263-8800. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We also provide refinancing options and eligibility details on our website for those looking to explore additional choices. Your financial well-being is our priority, and we look forward to assisting you!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $201,938,233, make buying or refinancing simple. We're dedicated to guiding you through the mortgage process so you can feel confident in your investment.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $99,554,606 in loans helping members manage their finances effectively. This option allows you to access funds when needed without requiring collateral.

Loan Aggregator

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