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, $25+ (see what works)
- 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 10/31/2023)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | HSBC Premier Checking (Up to $3,000 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 by October 31.
- Earn $100: Set up a recurring $250 direct deposit within 60 days of opening your account.
- $50 donation: MSGCU will make a donation to select community organizations on your behalf.
- 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 10/31/2023; limited to one incentive per member.
- An incentive of up to $200 will be paid when the member completes the following criteria 1) Members can earn $100 when they qualify for and open a checking account and make an initial deposit of $25 or more, and a recurring direct deposit of $250 within 60 days.
- A one-time $50 donation will be made on the members’ behalf on or before March 31, 2024, divided evenly to select community organizations.
- MSGCU will make this donation directly, at no cost or tax benefit to members.
- Consult a tax advisor with questions.
- There is no substitute for this donation, and members cannot opt to receive it directly. 2) Members can earn an additional $100 when they conduct 10 PIN or signature debit card transactions (does not include ATM) of $10 or more. Bonus will be paid 61 days after account opening date.
- Members must not currently have a checking account or have closed a regular checking account as of 5/1/2023 or later.
- Contact a Member Service Representative for more details.
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)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 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
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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.
Yes, coded as purchase.
Thanks for the datapoint. Can you let us know if it counted as cash advance or purchase?
I funded account with visa for $1000 ($995 + $5 membership fee)
You can fund this account w/ a credit card (up to $500)!!