Michigan schools and Government Credit Union offers scholarships for high school seniors and future educators

CLINTON TOWNSHIP, MI (January 29, 2015) — In recognition of the value of higher education and its ability to build better futures, the Michigan Schools and Government Credit Union (MSGCU) invites Michigan high school seniors heading for college in Fall 2015, as well as the state’s college students studying Education, to apply for two MSGCU academic scholarship programs.

Continuing its mission of serving the community and its members, MSGCU offers the 2015 Rudolph Heino High School Scholarship and the 2015 Larry Swantek Educational Studies Scholarship to help defer the rising costs of obtaining a college degree. Applications will be accepted at through March 13, 2015.

“Our credit union has its roots in education and it is very important to us to make sure our members have the ability to earn a degree through our scholarship opportunities,” Peter Gates, MSGCU President and CEO, said. “We are honored to be able to help our students down the road of higher education and beyond.”

Named after a former member of MSGCU’s Board of Directors, the five Rudolph Heino High School Scholarships of $2,500 each will be awarded to high school seniors who demonstrate the credit union philosophy of “people helping people.” The program honors Mr. Heino’s memory by helping students who demonstrate an enthusiasm and commitment to learning, and who also possess a clear, visionary path for their future. Students are selected based on a number of criteria, including school and community involvement, academic achievement, and a critical thinking essay.

Two Larry Swantek Scholarship awards are for high school seniors or college students who plan to study education. Former MSGCU board member Larry Swantek influenced many students over his 25 years as an educator. In his honor, two students will receive a $2500 scholarship to help them reach their educational goals. Students will be selected based on a number of criteria, including a critical thinking essay and academic achievement.

Winners will be selected in April and honored at a reception to be held later in the year. While students do not have to be a member to apply, they must join MSGCU by the application deadline of March 13, 2015 to be considered for an award.

About Michigan Schools and Government Credit Union 

Named one of the Top Workplaces in Michigan by the Detroit Free Press in 2014 and 2013, Michigan Schools and Government Credit Union has been providing quality financial services to its members for 60 years. With 11 offices located throughout Macomb and Oakland counties, MSGCU has more than 98,000 members, $1.5 billion in assets and 270 employees. For more than 20 years, the Credit Union has earned five stars, the highest possible rating, as reported by BauerFinancial. In addition, MSGCU has earned high member satisfaction ratings, scoring 97% or higher for more than 10 years. MSGCU was named Michigan Credit Union of the Year for 2015 by the Michigan Credit Union League (MCUL).

Founded by a small group of teachers, principals, and other school employees in 1954, MSGCU offers a full range of loan, savings and checking products and financial services for consumers and businesses. For more information, visit or call 586.263.8800 or 1.866.MSGCU4U.

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