T&I CU Merges into MSGCU
T&I Credit Union and Michigan Schools and Government Credit Union (MSGCU) announced their merger, effective April 1. Following regulatory approval earlier this year, the merger was approved by T&I members via a special vote, which occurred in March.
T&I’s team members will join MSGCU’s team of over 450. The T&I branch office located in Clawson will become part of MSGCU’s 22-and-growing branch network following the integration of systems, which is expected to be complete later this year. Once the integration is complete, T&I members will also be able to access all of MSGCU’s products and services.
“We are proud to welcome T&I Credit Union members and team members to MSGCU and look forward to helping our new members achieve financial success,” stated MSGCU President/CEO Steve Brewer. “Our team is grateful to T&I Credit Union members for placing their trust in us and we are dedicated to facilitating an easy transition to MSGCU.”
The two Michigan credit unions both share a 70-year commitment to supporting members and their local communities. Clawson-based T&I, a $90 million asset size financial institution with 4,000 members, is merging into MSGCU, a $3.9 billion asset size credit union with 150,000 members, headquartered in Clinton Township that serves anyone who lives in Michigan.
“T&I Credit Union and MSGCU are closely aligned in our core values and missions of supporting the credit union philosophy of people helping people,” said T&I CEO Kathy Karner. “Merging into MSGCU will ensure T&I Credit Union members continue to receive excellent service and have increased access to convenient service channels.”
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