“In 1958, the Credit Union served members from a Quonset hut on Willion Lane. Quonset huts provided extra space on MSU’s campus after World War II.”— MSUFCU History

June 13, 2012: MSUFCU Staff Contribute $12,665 to Twenty-Four Charities

 
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Published: Jun 13, 2012

MSUFCU Staff Contribute $12,665 to Twenty-Four Charities

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MSUFCU staff recently contributed a total of $12,665 to twenty-four charities in addition to providing volunteer time, two hundred meals, and other needed items. These charitable activities began on October 20, 2011, the World Council of Credit Unions’ International Credit Union Day, as part of a “Credit Unions Build a Better World” initiative.


Fundraising kicked off with MSUFCU’s Human Resources department providing each Credit Union department with a $100 donation toward a charity of the department’s choice. Each department was given the challenge to grow this initial donation into a larger contribution.


Fundraising efforts went on for several months with activities ranging from iPad raffles to bake sales to clothing drives. Together, MSUFCU staff increased an initial $2,400 charitable donation over 525% to the final $12,665 total. The twenty-four recipients of MSUFCU’s donations include the Capital Area Humane Society, Make-A-Wish Foundation, and Ele’s Place.


Patrick McPharlin, MSUFCU’s President and Chief Executive Officer, stated, “Community involvement is a major focus at MSU Federal Credit Union, and our employees are very generous individuals. It’s inspiring to see the impact a group of people can have through simple fundraising activities like raffles and bake sales.”


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 and offers a full range of personal and business related financial services. Founded in 1937 by a handful of MSU professors and employees, MSUFCU now has 166,000 members, over $2.25 billion in assets, and more than 450 employees. MSUFCU was named the Michigan Credit Union League Credit Union of the Year in 2010.