MSUFCU Creates Chief Financial Officer and Chief Lending Officer Positions
EAST LANSING, MI—Patrick McPharlin, President and Chief Executive Officer (CEO) of MSU Federal Credit Union, is pleased to announce the promotions of Sara Dolan, CPA, to MSUFCU’s Chief Financial Officer and Ronda McCoy, CPA, to MSUFCU’s Chief Lending Officer.
McPharlin commented, “These two management changes were made due to the size and scope of our credit union, and we believe these organizational changes will help us to best serve our members as we continue to grow.”
Sara Dolan, CPA, has worked at MSUFCU since April 2005, and was previously MSUFCU‘s Vice President of Finance and Adjustments before being promoted to Chief Financial Officer (CFO). As CFO, Dolan’s role will expand to include more analysis of our strategic initiatives, and she will continue to oversee the MSUFCU Finance and Adjustments departments. She holds a Bachelor of Arts (BA) degree in Accounting from Michigan State University and Master of Business Administration (MBA) from Western Michigan University. Dolan is a Certified Public Accountant (CPA) licensed in the State of Michigan, as well as a member of the Executive Committee of the Capital Area Chapter of Credit Unions and the Finance Committee of the Capital Area United Way.
Ronda McCoy, CPA, has been with MSUFCU since April of 2004, and was previously MSUFCU’s Vice President of Lending before being promoted to Chief Lending Officer. Through increased growth in our business services and indirect lending, McCoy will take on additional responsibilities to better align and represent her roles. She holds a Bachelor of Arts (BA) degree in Accounting from Michigan State University and Master of Business Administration (MBA) from Western Michigan University. McCoy is a Certified Public Accountant (CPA) licensed in the State of Michigan and a member of the Michigan Association of Certified Public Accountants (MACPA), American Institute of Certified Public Accountants (AICPA), CUES Lending Council, and Experian Advisory Council for Credit Unions. She is also on the board of directors for the Center for Financial Health and Capital Area United Way, and serves on the Finance Committee for Capital Area United Way.
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 twelve branches, over 176,000 members, more than $2.4 billion in assets, and over 520 employees.