Michigan Schools and Government Credit Union is a state-chartered credit union based in Clinton Township, Michigan. It was organized in 1954 and has been insured by the NCUA since 07/12/1974. At the 06/30/2026 reporting date it served 163,462 members and held $4.4 billion in assets.
The name above is shown as a readable form of the name in the NCUA registry (MICHIGAN SCHOOLS AND GOVERNMENT).
Size
By total assets it is the #110 of 4,214 federally insured credit unions in the United States and the #6 of 169 in Michigan. Assets per member are about $26,982.
Balance sheet
| Item | As of 06/30/2026 |
|---|---|
| Total assets | $4.4 billion |
| Members | 163,462 |
| Shares and deposits | $3.7 billion |
| Loans and leases | $3.8 billion |
| Loans as a share of shares and deposits | 103.0% |
Shares are what members deposit in a credit union; because members own it, savings accounts are called share accounts. These are figures from the credit union's own call report to the NCUA, not a rating or a recommendation.
Is it insured by the NCUA?
Yes. Michigan Schools and Government Credit Union is federally insured. Federally insured credit unions are backed by the National Credit Union Share Insurance Fund (NCUSIF), run by the NCUA, which protects member deposits up to $250,000 per member, per credit union, per ownership category. You can confirm this in the NCUA Credit Union Locator (charter number 62049).
Largest credit unions in Michigan
- Lake Michigan Credit Union, $17.3 billion in assets
- Michigan State University Credit Union, $8.9 billion in assets
- DFCU Financial, $8.0 billion in assets
- Genisys Credit Union, $6.6 billion in assets
- United Credit Union, $4.4 billion in assets
- Advia Credit Union, $4.1 billion in assets
Related
- All Michigan credit unions
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- Largest US banks
Frequently asked questions
Is Michigan Schools and Government Credit Union insured?
Yes, it is federally insured by the NCUA through the NCUSIF, up to $250,000 per member, per credit union, per ownership category. Check the NCUA Credit Union Locator for its charter number 62049.
How big is Michigan Schools and Government Credit Union?
At 06/30/2026 it held $4.4 billion in assets and served 163,462 members, the #110 largest of 4,214 federally insured credit unions (NCUA call report data).
This page reports regulatory data only. It does not show the credit union's rates or products, which change often and are published on its own site.