“The main goal of camp is to get kids outside and engaged with nature. However, our focus is to teach kids technical skills that they can use later on in life. The financial education portion that MSUFCU provides fits right into that portion. MSUFCU is laying the foundation of saving and budgeting which are life skills the kids will use after they leave camp.”— Shaun McKeon, MUCC Education Coordinator
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July 1, 2011: MSUFCU Esteemed Board Members Retire and Welcome Elected Members

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Published: Jul 1, 2011

MSUFCU Esteemed Board Members Retire and Welcome Elected Members

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Michigan State University Federal Credit Union’s (MSUFCU) Esteemed Board Members Retire and Welcome Elected Members


MSUFCU Nancy Craig and Ralph Hepp retire after a combined 55 years of service, and two new board members are inducted.


EAST LANSING, MI—MSU Federal Credit Union’s board of directors congratulated new retirees Nancy Craig, Treasurer, and Ralph Hepp, Ph.D., Director, and welcomed Susan Carter, J.D., and Cheryl Speier, Ph.D., on April 25, 2011. Craig served MSUFCU’s volunteer board of directors for 31 years and Hepp served for 24 years.


Craig, previously the Director of Investments and Trusts in the office of the vice president for financial operations and treasurer at Michigan State University, began her term in 1980. Hepp, previously the Professor and Extension Specialist in the Department of Agricultural Economics at MSU, began his term in 1987. These individuals played a key role in helping MSUFCU thrive and grow to the current $2 billion in assets, in addition to the membership increasing to 158,000, throughout their terms. Their vision, willingness, and knowledge have been an integral part of MSUFCU’s success, and the quality of programs and service that MSUFCU is known for.


In addition, MSUFCU is pleased to announce the new members of the MSUFCU Board of Directors, Susan Carter, J.D., and Cheryl Speier, Ph.D. Carter is a professor of journalism, communication, and law in the College of Communication Arts and Sciences at MSU. She has previously served as a secretary of the board of trustees and a special consultant and executive assistant to the president at MSU. Carter was inducted into the Michigan Journalism Hall of Fame in 2007.


Speier is a professor of information systems and the former Associate Dean for MBA and MS Programs at the Eli Broad Graduate School of Management at MSU. The National Science Foundation and the Department of Homeland Security have recognized her research teams with funding, and she is also a Senior Editor, and occasional writer, for Decision Sciences, Associate Editor at MIS Quarterly, and IEEE journals. Speier was awarded the MSU University-wide Teacher Scholar award in 2001 and has served on the MSUFCU Supervisory Committee since 2007 and chair since 2009.


MSU Federal Credit Union, the world’s largest University-based credit union, serves Michigan State University and Oakland University faculty, staff, students, alumni association members and their families worldwide. Founded in 1937 by a handful of MSU professors and employees, MSUFCU now has 158,000 members, $2 billion in assets, and more than 380 employees. MSUFCU was named the Michigan Credit Union League Credit Union of the Year in 2010. MSUFCU offers a full range of personal and business related financial services.