OU Credit Union Makes $1 Million gift to Support International Education
EAST LANSING, Mich. — OU Credit Union, a trade name of MSU Federal Credit Union (MSUFCU) has announced a $1 Million donation to Oakland University over the next five years, supporting students who participate in study abroad and international educational opportunities.
OU Credit Union’s President/CEO, April Clobes, and Chief Financial Officer, Sara Dolan, presented the donation at an Oakland University Board of Trustees meeting on December 11, 2017.
“International education advances students’ learning by broadening their life experiences and personal connections — a competitive quality when entering the workforce,” said Clobes. “Our donation will bring this opportunity to more students looking to enrich their academic, professional, and personal experiences with a global perspective.”
OU Credit Union has been the official credit union of Oakland University since 2013, but the partnership between the University and Credit Union existed long before then when Michigan State University formed the establishment as Michigan State University – Oakland in 1957. Today, OU Credit Union has two branches on and adjacent to campus and provides annual scholarships, sponsorships, community involvement, and financial education to the students, faculty, staff, and community members of the Oakland area.
MSUFCU has a national reputation for excellence and has received several top industry and workplace awards. For the sixth year in a row, MSUFCU was named as a Top Workplace in the large employer category by the Detroit Free Press. This year, it was also recognized as one of CU Journal’s Best Credit Unions to Work For, a Best Workplace for Women by Fortune Magazine, and Outstanding Credit Union of the Year by the Michigan Credit Union League. MSUFCU has also been nationally recognized for its financial education initiatives, ranking first in Michigan and second in the nation for the 2017 Alphonse Desjardins Adult Financial Education award by the Credit Union National Association and fifth in nation for youth financial education in 2016 by the National Youth Involvement Board. Founded in 1937 by MSU faculty and staff, MSUFCU has 18 branches, nearly 250,000 members, more than $3.7 billion in assets, and over 800 employees.
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