Find an updated list of Michigan Schools and Government Credit Union promotions, bonuses, and offers here.
Currently, they have a $200 bonus when you open a new account and meet all the requirements.
About Michigan Schools and Government CU Promotions
Being a credit union that cares and collaborates with its community, Michigan Schools and Government Credit Union has 14 locations to cater to your banking needs.
Eligibility: Membership in Michigan Schools and Government Credit Union is open to those who live, work, worship or attend school in Michigan’s lower peninsula; (2) employees, students, alumni, retirees, and former students of any educational institution in Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw and Wayne Counties in Michigan and their families. For more information on eligibility requirements please check out their full list of membership requirements. |
I’ll review the Michigan Schools and Government Credit Union promotions below.
Michigan Schools and Government CU $200 Checking Bonus
Michigan Schools and Government Credit Union is offering a $200 bonus when you open a Regular or Fresh Start Checking account.
- What you’ll get: $200 Bonus
- Account Type: Regular or Fresh Start Checking account
- Availability: MI (Bank Locator)
- Direct Deposit Requirement: Yes, $100+ within 60 days of account opening
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $500
- Monthly Fees: None
- Early Account Termination Fee: $5 if closed within 12 months
- Household Limit: One
(Expires August 31, 2022)
For more advanced features in a checking account, compare this offer to BMO Harris PremierTM Account ($350 Bonus), U.S. Bank SmartlyTM Checking (Up to $600 bonus), Chase Private Client ($3,000 Bonus), TD Bank Beyond Checking ($300 Bonus), Fifth Third Bank Preferred Checking ($275 bonus), and Citigold® Checking Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
Open a Regular or Fresh Start Checking account – online or in-branch – with an initial deposit of $25 or more between June 1 and August 31. Then earn $100 for completing each of these steps:
- Earn $100: Set up your direct deposit of $100 or more to your new checking within 60 days of account opening.
- Earn $100: Complete 10 debit card transactions of $10+ within 60 days of account opening.
- Available for regular and fresh start checking accounts opened before 8/31/2022; limited to one incentive per member.
- An incentive of up to $200 will be paid when the member completes the following: qualify for and open a checking account and ATM/debit card; make an initial deposit of $25 or more in the account; within 60 days, enroll in and receive one direct deposit (minimum $100) to the new account (earn $100), and/or conduct 10 PIN or signature debit card transactions (Does not include ATM) of $10 or more (earn $100).
- Members must not currently have a checking account or have closed a regular checking account as of 4/1/2022 or later.
- Bonus will be paid 61 days after account opening date.
Michigan Schools and Government CU $5 Referral Bonus

Earn a $5 referral bonus for referring new members
Michigan Schools and Government Credit Union is offering a $5 referral bonus when you refer new members and they meet certain requirements.
- What you’ll get: $5 Bonus, $25, $100
- Account Type: Checking
- Availability: MI
(No Expiry Date Listed)
You can compare this to several great entry level Checking accounts with offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking (Up to $600 bonus), Chase Total Checking® ($200 bonus), Fifth Third Bank Momentum® Checking ($275 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
- For every new member you bring in, you’ll receive $5 and they’ll receive $5
- For everyone you bring in who gets an auto or RV loan, you’ll receive $25 and they’ll receive $25
- For everyone you bring in who obtains a mortgage, you’ll get $100 and they’ll get $100
- Complete the referral form and pass it on to someone you know.
- The referred person should present the referral form at account opening or loan closing.
How To Waive Monthly Fees
- Regular Checking: None
- Money Market Checking: None
- Regular Savings: None
- You-Name-It Savings: None
- Silver Savings: None
- Gold Savings: None
- Holiday Club Account: None
- Business Savings: None
- Youth Savings: None Listed
- Fresh Start Checking: Low monthly service charge
- Business Checking: No monthly maintenance fee if average monthly account balance is greater than $2,500
Bottom Line
All in all, the current promotion from Michigan Schools and Government Credit Union is definitely a fantastic one to take advantage of if you qualify. With easy to meet requirements and convenient access, you are able to get the most out of what the credit union has to offer.
While they have a generous $200 bonus, Michigan Schools and Government Credit Union doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Check back at this page for updated Michigan Schools and Government Credit Union promotions, bonuses, and offers.
I funded account with visa for $1000 ($995 + $5 membership fee)
Thanks for the datapoint. Can you let us know if it counted as cash advance or purchase?
Yes, coded as purchase.
You can fund this account w/ a credit card (up to $500)!!