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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: 425 Michigan Schools and Government Cred
Other name: Michigan Schools and Government Credit Union
EIN 38-1629793 · Snapshot of IRS recognition, filing currency, financial health, and governance.
A Form 990-N e-Postcard was filed under this EIN for FY2025, probably not by this organization. A 990-N attests to under $50,000 in gross receipts, which contradicts the $201.6M reported on this organization’s most recent Form 990. Where an organization holds a group exemption, a subordinate filing under the parent’s EIN is the usual explanation. Everything on this profile comes from the organization’s own most recent Form 990; the FY2025 row appears in the Financials tab with no breakdown.
Founded by educators, Michigan Schools and Government credit union has been providing quality financial services for 70 years and welcomes everyone in Michigan to bank with us. As a not-for-profit, we give back to our members through better rates, fewer fees, free financial education, grants, scholarships, and community support. We work with our members to personalize plans and offer products and services to help meet their financial goals and increase their financial knowledge. Msgcu offers a full range of loan, deposit, checking, credit card, mortgage, and insurance products. With 22 branches in macomb, oakland, wayne and washtenaw counties, msgcu has more than 152,000 members, over 455 team members, $3.9 Billion in assets, and earned a 95% or higher member satisfaction rating for over 20 years. Msgcu has also earned five stars, as reported by bauer financial, for more than 30 years, and has been honored as a top workplace by the Detroit free press for the past 12 years.
Principal Officer
Steve Brewer
Total Revenue
$201.6M
FY2024
Total Expenses
$177.1M
FY2024
Net Assets
$464.5M
Program Ratio
—
expenses on programs
Employees
525
Volunteers
11
Board Members
11
Voting
11
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.