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Two Michigan Credit Unions Announce Intent to Merge

The MSGCU-T&I CU merger has been approved by regulators and will take effect April 1, pending a member vote.

By Natasha Chilingerian | January 14, 2025 at 02:29 PM
Map of Michigan. Credit/Shutterstock

The $90 million, Clawson, Mich.-based T&I Credit Union is set to merge into the $3.9 billion Michigan Schools and Government Credit Union (MSGCU) in Clinton Township this spring pending a successful member vote, the two credit unions announced Tuesday.

A member vote will be held during a Special Meeting at T&I’s headquarters in Clawson on March 18, 2025; members can also vote by mail and must ensure their ballots arrive at the credit union by March 14 for their vote to be counted, according to a statement on T&I’s website. If the member vote is affirmative, the merger will take effect on April 1, 2025.

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