Michigan Schools and Government Credit Union -- is headquartered in Charter Clinton Township, Michigan, and has a membership size of more than 100,000 and assets of over $1.5 billion as of May 31, 2014. MSGCU is a not-for-profit financial institution, which is owned and operated by its members. The credit union is regulated under the authority of the National Credit Union Administration (NCUA), which means its members' deposits are federally insured up to $250,000.Michigan Schools and Government Credit Union currently has 11 branches located throughout Macomb and Oakland Counties. It also belongs to the CO-OP Network of ATMs and Credit Union Service Centers. This network allows members to utilize more than 30,000 ATM locations and 4,400 Service Centers nationwide.