Empower Yourself With a Michigan-Based Credit Union

In the past year, many people have been experiencing hard financial times and are looking to improve their situation. Becoming a member of a credit union gives you access to all the financial services and products of large banks, but with better savings, lower interest rates, increased flexibility, and reduced fees.

T&I Credit Union has been operating in Michigan since 1955 when Ford Tractor employees got together and formed the cooperative. If you are looking for a trustworthy and experienced Michigan credit union, our team can help you get on top of your financial situation and invest for the future.

Members at T&I Credit Union experience a level of personal attention and commitment that they would never have at a large bank. Some of our members have been part of the union for over 20 years, and they enjoy profiting from a wide range of financial services and deals that help them save money and take the next step to improve their lives and business.

What a Credit Unit Can Do for You

At T&I Credit Union, we offer various loan options, including personal loans, car loans, and mortgages. With our low interest rates, special deals and offers, and personalized support, we can help you get your financials back on track following a challenging time.

By joining T&I Credit Union, you’ll have access to member-friendly loans with terms that are hard to beat. As a special deal, you can receive 10% of cashback yearly on interest paid on T&I Credit Union loans, excluding credit card and student loans. Last year we gave back roughly $142,000 of interest that our members paid.

Personal Loans

A personal loan is a fixed amount of money that you repay by making monthly payments. The interest rate on personal loans is primarily determined by your credit score, although the size of the loan and your income also factor into the rate. Credit union members with excellent credit scores can qualify for the most competitive rates.

These are the main types of personal loans we offer at T&I Credit Union. Depending on your situation, we can help you decide which type of personal loan is the best fit.

Credit Cards

At T&I Credit Union, we offer a way to accumulate reward points with credit card purchases. With our uChoose Rewards option, every dollar spent with a T&I credit card equals one reward point. This allows you to accumulate points every time you make a purchase. The points have a lifespan of five years after you earn them.

Many people like using debit cards to cut spending, but a well-used credit card can help you improve your credit report, giving you access to better loans and mortgages and greater financial security. By becoming a member of our Credit Union, you have access to additional financial services such as a free credit score analysis by our team of experts.

We can show you how to improve your credit score or maintain it. By looking at your credit history and identifying minor areas for change, we can put you on the path to financial health. We also offer credit score analysis seminars for companies that would like us to give a workshop or talk to their employees.

Debt Consolidation

Due to the COVID-19 pandemic, many people and small businesses had to take out additional loans to stay afloat. If you have multiple debts you need to pay, we can consolidate these into a single loan with more favorable payoff terms such as lower interest rates and a lower monthly payment.

T&I Credit Union offers personal loans up to $10,000 to consolidate debt. Debts with a two-year payoff schedule have a 5% yearly interest rate, while three and four-year loans have a 6% and 7% rate, respectively.

At T&I Credit Union, we go above and beyond to help our members achieve financial success. We offer special deals and benefits, such as the Skip-A-Payment option for loans. If you are saving for a vacation or preparing for an important event, you can skip one payment every year for a minimal fee.

Life Loans

Life loans are designed to provide extra financial help for people at important times in their life. We offer two types of life loans: vacation loans and wedding loans. There’s no reason why you should stick with expensive credit card rates this next summer holiday season. At T&I Credit Union, we can offer you a holiday loan at an excellent rate so you can enjoy your time away without worry.

Our vacation loans have a maximum amount of $2,500 with a 5.99% rate currently and a 12-month repayment schedule. Wedding loans can go up to $10,000 with a 6.99% rate currently and can be repaid over two years.

Student Loans

Investing in your education is always an excellent idea. No matter the future financial ups and downs, nothing can take skills and experience away from you. Our partner, Student Choice, a credit union specializing in financial solutions for students, makes it easier for you to invest in your professional development. If a trusted family member or friend co-signs your loan, it can help you meet the requirements or qualify for a higher amount.

Home Equity

Mortgage Refinance Loan

If you aren’t currently satisfied with the terms of your mortgage, a refinance loan can give you the conditions you deserve. At T&I Credit Union, we can help you save money by providing some of the lowest interest rates for mortgage refinancing in Michigan.

Home Equity Line of Credit

A home equity line of credit (HELOC) is a type of loan secured against your home equity. Because of this, we can offer interest rates that are lower than those of personal loans. Similar to how a credit card works, a home equity line of credit gives you access to a revolving source of funds that you can use when you want. We currently offer a 3.25% rate on HELOCs, and you can borrow up to $125,000.

Home Improvement

With Michigan’s harsh winters and storms, homeowners often need to spend on different kinds of repairs. Our home improvement loans are from $500 to $10,000, and they can be paid during 36 or 48 months, with 7% and 8% APR respectively.

Auto Loans

When buying a new car, dealer financing often comes with high interest rates and excessive add-ons that you might not want to pay for. T&I Credit Union can help you finance your new vehicle under better conditions. We offer auto loans for motorcycles, RVs and campers, and different kinds of watercraft vehicles.

Our Gap Insurance for members allows you to take advantage of a $500 auto deductible reimbursement for the first three years or protect yourself against any accident. We pay the difference between what you owe and what your car insurance company covers. We can finance the yearly insurance cost with the loan, so you stay fully protected at an affordable price.

Supporting Our Communities

At T&I Credit Union, we are deeply committed to helping our members and community develop a better financial life. One of the recent tools we have created for our members is the Money Manager software program, which is an online financial tracker to help our members improve their finances by monitoring spending and payments.

The Money Manager program allows you to track your accounts with T&I Credit Union and other financial institutions on an easy-to-use platform. Putting all your financial information together, you’ll have a better understanding of your total assets, net worth, and financial wellness. The program allows you to plan your budget by placing paydays on an online calendar and making payments on time to improve your credit score. You’ll also be able to create financial goals that you can track on a weekly, monthly, or yearly basis.

Experience the Difference

If you have never been a credit union member, you are missing out on great rates and a supportive group of people that can help you navigate tough financial times. T&I Credit Union can offer you the personal touch and attention you can’t get at large banks. That’s why our community keeps growing among local Michigan residents each year.

We partner with different financial institutions and companies to bring the best benefits to our members. Love My Credit Union Rewards is one financial institution we work with. Our members also have access to special deals from companies like SimpliSafe, TruStage, TurboTax, Powersports, and RV Buying Program.

Become a Member Today

Many people want to improve their financial situation, but they aren’t sure how to do it. Our website has a short Financial Vision test that can help us better understand your finances. Once you have completed the form, email it to us, and our trained staff will review the information and provide advice based on what you’ve indicated your financial goals are.

We are located in all major Michigan cities, including Clawson and Grand Rapids. If you would like to schedule an appointment, call us at (248) 397-9456, and we will answer any questions you have about T&I Credit Union and the advantages of becoming a member.


Is it better to use a credit union than a bank?

It depends on personal preference and your financial situation. Some people like to have accounts at regular banks and a credit union because doing so gives them access to the benefits of both types of organizations.

Can a credit union operate in more than one state?

Yes, some credit unions operate in more than one state in the U.S. Credit unions used to be formed by people that had something in common, such as working in the same industry or living in the same area. Being a community-based credit union allows us to understand our members’ needs better and provide personalized service.

About Jeff Jacobs

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