“The Study Abroad Scholarship truly reflects our Credit Union mission. By offering these students the financial means to have these experiences, we help them to achieve their goals of furthering their education, and by giving them the opportunity to explore the world, we help them to achieve their dreams.”— Patrick McPharlin, Former MSUFCU President and CEO
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MSUFCU Welcomes Steve Owen as its Chief Legal Counsel

 
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Published: Apr 9, 2019

MSUFCU Welcomes Steve Owen as its Chief Legal Counsel

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EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) is pleased to announce that Steve Owen has joined the Credit Union as its Chief Legal Counsel. Owen will be a member of MSUFCU’s 10-person executive team.

 

“Steve brings a wealth of knowledge to this new role,” said April Clobes, MSUFCU’s President/CEO. “His legal expertise and experience advising financial institutions will be a great asset to the Credit Union.”

 

In his new role, Owen assists the Credit Union in meeting its legal regulatory and contractual obligations in order to best serve the membership. Previously, he was an attorney for 34 years with the law firm Foster Swift, Collins & Smith, P.C., working with financial institutions, including MSUFCU. Owen specialized in representing banks and credit unions in regards to lending, regulatory compliance, and real estate issues.

 

He has served for 25 years as a Cooley Law School adjunct professor, and is currently serving as a board member of Sparrow’s Nest, Salt and Light Global, and Love and Respect, three nonprofit organizations in the Greater Lansing areas and Grand Rapids. He previously served as legal counsel for the Lansing Chamber of Commerce.

 

Owen earned his Juris Doctorate from the University of Notre Dame, and his Bachelor’s degree from Michigan State University.  

 

MSUFCU has a national reputation for excellence and has received several top industry and workplace awards. The credit union was named Best Workplace in Financial Services and Insurance by Fortune Magazine, and received the ATHENA Award® for Organizational Leadership. For the sixth year in a row, MSUFCU was named as a Top Workplace in the large employer category by the Detroit Free Press. In 2018, it was again recognized as one of CU Journal’s Best Credit Unions to Work For, a Michigan Best and Brightest in Wellness award winner, National Best and Brightest in Wellness award winner, and is certified as a Great Place to Work®. In 2017, MSUFCU was recognized as a Best Workplace for Women by Fortune Magazine, and an Outstanding Credit Union of the Year by the Michigan Credit Union League. The credit union 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. Founded in 1937, MSUFCU has 19 branches, more than 271,000 members, $4.3 billion in assets, and nearly 900 employees.