We will be closed Monday, May 25, in observance of Memorial Day.
MSUFCU is an active member in the MSU, Greater Lansing, and Oakland University communities. Select the links below to read about MSUFCU's recent community involvement and news stories.
All media requests should be directed to April Clobes, MSUFCU's President/CEO, via email or by calling 800-678-4968, ext. 2254.
Patrick McPharlin, President and Chief Executive Officer (CEO) of MSU Federal Credit Union, is pleased to announce the appointment of Michael Hudson to the MSUFCU Board of Directors.
Hudson has worked with Michigan State University (MSU) since January of 1992, where he has held a variety of positions including serving as an Adjunct Faculty member for the College of Education. He currently serves as the Director of the MSU Resource Center for Persons with Disabilities (RCPD), where he has played a prominent role in advancing MSU’s leadership in assistive technology and maximizing opportunity for persons with disabilities. His intensive focus on ability, skill development, and organizational efficiency aids in his creativity and commitment to higher education and community partnerships despite his own blindness.
Serving on MSUFCU’s Supervisory Committee since May 2011, and as its Chairman since July 2013, Hudson’s first contributions included helping the Credit Union become one of the first in the nation to implement accessible ATM machines that offered voice output for persons with visual impairment and print-related disabilities. Hudson holds a Master of Arts (MA) degree in Administration of Student Personnel Services from Western Michigan University and a Bachelor of Science (BS) degree in Psychology with a minor in Substance Abuse Counseling and Crisis Intervention from Lake Superior State University.
McPharlin commented, “Mr. Hudson has shown great dedication to a number of different boards and committees over the years, and we are honored to have had the privilege to utilize his talents within the Credit Union. His leadership on the Supervisory Committee will be a great asset as he joins the Board.”
MSU Federal Credit Union, the world’s largest university-based credit union, offers a full range of personal- and business-related financial services to Michigan State University and Oakland University faculty, staff, students, alumni association members, and their families worldwide in addition to a variety of select employee groups. Founded in 1937 by a few MSU professors and employees, MSUFCU now has thirteen branches, over 184,000 members, more than $2.6 billion in assets, and over 600 employees.
EAST LANSING, MI — MSU Federal Credit Union is pleased to announce that it was named 2014 Federal Credit Union of the Year by the National Association of Federal Credit Unions (NAFCU) among credit unions with more than $250 million in assets. MSUFCU and other winners in NAFCU’s 2014 Annual Awards Competition will be honored in conjunction with NAFCU’s 47th Annual Conference and Solutions Expo in Las Vegas, July 22-26.
In the past year, MSUFCU has reached many milestones. From reaching $2.5 billion in assets, to saving members more than $7.7 million in interest, the year has been full of successes. MSUFCU also expanded a longtime partnership with Oakland University to establish Oakland University Credit Union, a registered trade name of MSUFCU, and merged with Eaton County Educational Credit Union (ECECU), gaining the MSUFCU Charlotte Branch this year.
On top of providing superior service to members throughout the year, MSUFCU employees also worked to make a difference in the community through financial education, charitable giving, and volunteering. MSUFCU hosted financial education seminars for more than 3,000 individuals, including members, students, and local youth, promoting financial wellness in the community. In the past year, Credit Union employees also supported local charities, including the Help A Willing Kid Foundation (H.A.W.K.), Capital Area United Way, and Relay for Life. Employees raised more than $110,000 in total through raffles, cookie sales, supply drives, and payroll deductions. In addition to fundraising activities, Credit Union employees also donated countless hours of their time, volunteering in a number of different ways throughout the year.
“In my 41 years with the Credit Union, the past year has been one of the best,” said Patrick McPharlin, MSUFCU’s President and Chief Executive Officer. “We have seen great changes and great accomplishments that led us to receiving this award, all of which would not have been possible without the support and loyalty of our employees and members.”
"This tremendous honor for MSUFCU comes as the MSUFCU board announces Pat McPharlin's retirement and the transfer of leadership to April Clobes. This well-deserved recognition for the credit union is a fitting tribute to Pat, April and the whole MSUFCU team,” Michigan Credit Union League & Affiliates CEO David Adams said.
MSU Federal Credit Union, the world’s largest university-based credit union, offers a full range of personal - and business-related financial services to Michigan State University and Oakland University faculty, staff, students, alumni association members, and their families worldwide in addition to a variety of select employee groups. Founded in 1937 by a few MSU professors and employees, MSUFCU now has thirteen branches, over 184,000 members, more than $2.6 billion in assets, and over 600 employees.