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January 23, 2013: MSUFCU Opens New Branch in Sparrow Professional Building, Creates Six Jobs

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Published: Jan 23, 2013

MSUFCU Opens New Branch in Sparrow Professional Building, Creates Six Jobs

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EAST LANSING, MI—MSU Federal Credit Union’s new Sparrow Branch, located within the Sparrow Professional Building in Lansing, opened for business on Wednesday, January 16, 2013. The branch offers a full suite of financial services including ATM access, teller services, loans, mortgages, and checking and savings accounts.


In September 2012, MSUFCU and six other financial institutions submitted proposals at the request of Sparrow Health System to be considered as the financial services provider within the Sparrow Professional Building. A committee of Sparrow’s management, union representatives, and Caregiver representatives selected MSUFCU and offered the credit union the opportunity to open a branch at the Sparrow Professional Building.


Patrick McPharlin, MSUFCU’s President and Chief Executive Officer, stated, “MSUFCU was honored to be selected as the financial services provider at the Sparrow Professional Building because of our longstanding financial education and community programs and our proven commitment to providing exceptional member service and high-quality products.”


McPharlin continued, “With more than 7,400 Caregivers (employees), Sparrow is a significant partner MSUFCU serves. We are thrilled to provide the added convenience of this new branch, and we look forward to working with Sparrow to strengthen our partnership and provide resources to help our local community achieve financial success and security.”


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 eleven branches, over 169,000 members, more than $2.3 billion in assets, and over 490 employees