Michigan Schools and Government Credit Union & T&I Credit Union Announce Intent to Merge
Subject to Regulatory Approval
CLAWSON, MI – April 1, 2025 – McQueen Financial Advisors provided exclusive financial advisory services.
T&I Credit Union and Michigan Schools and Government Credit Union (MSGCU) are excited to announce their merger, effective today. Following regulatory approval earlier this year, the merger was approved by T&I Credit Union members via a special vote which occurred in March.
T&I Credit Union’s team members will join MSGCU’s team of over 450. The T&I Credit Union 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 Credit Union members will also be able to access all of MSGCU’s products and services.
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 24 branch offices in Macomb, Oakland, Washtenaw, and Wayne Counties, MSGCU has more than 155,000 members, $4.3 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 13 consecutive years.
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.
About McQueen Financial Advisors
McQueen Financial is a nationwide financial advisory firm serving financial institutions since 1999. McQueen advises on ~25% of all Credit Union / Credit Union Mergers nationwide, annually.
Transaction Leads
Dan Martin
Director of Transaction Advisory & Valuation
Christian Abelarde
Vice President