“Michigan State University Federal Credit Union was originally called Michigan State College Employees Credit Union, only serving campus employees when founded in 1937.”— MSUFCU History
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MSUFCU's Patrick McPharlin Receives 2014 Community Service Award

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Published: Mar 12, 2015

MSUFCU's Patrick McPharlin Receives 2014 Community Service Award

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EAST LANSING, MI —MSU Federal Credit Union, is pleased to announce that Patrick McPharlin, MSUFCU’s President and Chief Executive Officer (CEO), was selected as a recipient of the Lansing Regional Chamber’s 2014 Community Service Award.


Serving MSUFCU for 41 years, McPharlin’s leadership has led to many corporate community service initiatives over the years, including donations to 485 organizations in 2014. During his tenure, the Credit Union developed the MSUFCU Internship Opportunity award, which is a scholarship for students who take on unpaid internships, the Lansing SAVE program, which provides financial education and savings accounts for Lansing-area kindergarteners, and various other programs to benefit those who live and work in the Greater Lansing community. McPharlin has received many accolades throughout his career, including induction into the Michigan Credit Union League Hall of Fame, and as CEO of the year by the National Association of Federal Credit Unions (NAFCU).


McPharlin was also selected for this award due to his personal involvement with the Greater Lansing community. He has served on boards and committees, including the Board of Directors of the Lansing Economic Area Partnership, March of Dimes, and the MSU Alumni Association.


“I believe that all organizations that do business in a community have a moral and ethical responsibility to contribute to the communities they serve,” McPharlin commented. “Investing in the community pays off for the community, and I believe it pays off for the people who donate and invest their own personal time.”


After 41 years of service, McPharlin will be retiring from MSUFCU on March 17, 2015.


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 14 branches, over 197,000 members, more than $2.8 billion in assets, and over 640 employees. MSUFCU was named 2014 Credit Union of the Year by the National Association of Federal Credit Unions (NAFCU) and as the #1 employer on the Detroit Free Press 2014 Top Workplaces list.


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