T&I Credit Union to merge with MSGCU
Commitment to continue serving members and the community remains.
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 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 https://www.ticreditunion.org/merger
About T&I Credit Union
T&I Credit Union is a credit union dedicated to empowering people to enjoy life. Founded by employees of Ford Tractor in 1955, T&I Credit Union has served the communities in southeast Michigan for 70 years. Located in Clawson, Michigan, T&I Credit Union has continually met the financial needs of its members and the community through a wide range of consumer-friendly loans, checking, and mortgage refinance options. Serving seven counties in Southeast Michigan (Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne), T&I Credit Union has over 4,000 members and $90 Million in assets. T&I Credit Union is insured by the NCUA and an equal housing lender. Visit ticreditunion.org for more information or call us at (248) 588-6688.
About Michigan Schools and Government Credit Union
Founded by a small group of educators, MSGCU has been providing quality financial services to the communities they serve for over 70 years and welcomes everyone living in Michigan to bank with them. MSGCU offers a full range of loan, deposit, checking, credit card, mortgage, and insurance products. With 22 branch offices in Macomb, Oakland, Washtenaw, and Wayne Counties, MSGCU has more than 150,000 members, $3.9 billion in assets, and has earned an average 97% member satisfaction rating for more than 20 years. MSGCU has also earned five stars (the highest rating) from Bauer Financial for more than 30 years, and has been honored as a Top Workplace by the Detroit Free Press for the past 12 consecutive years. MSGCU is insured by NCUA and an equal housing lender. Visit msgcu.org for more information.
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Michigan Schools and Government Credit Union
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Tricia Marion Marketing Communications Specialist II
- January 14, 2025
- (586) 263-8800
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