“I feel proud and fulfilled to know that I have the opportunity to make a difference in the lives of young people every time I volunteer. Learning about the students is rewarding; I get to hear about their hobbies, goals, and aspirations. ”— Sonya, Credit Union employee and facilitator of the program
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Local Man Receives $5,000 Payday Giveaway From MSUFCU

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Published: May 28, 2019

Local Man Receives $5,000 Payday Giveaway From MSUFCU

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EAST LANSING, Mich. — When Larry learned he was receiving a $5,000 payday, a good day turned into a great one. After participating in MSU Federal Credit Union's (MSUFCU) Direct Deposit promotion, he and other eligible members were entered to win various prizes. The campaign encouraged members to switch their direct deposits to MSUFCU checking accounts before April 30, 2019, and by doing so they were then entered to win weekly prizes and a grand prize of $5,000.


“As far as I’m concerned, MSUFCU direct deposit is the easiest and best way to go,” said Larry C., grand prize winner of MSUFCU’s $5,000 Payday Giveaway.


“We work to educate members on ways to save time and money and make managing their finances easier; direct deposit achieves all of these objectives,” said Deidre Davis, MSUFCU’s Chief Marketing Officer. “It saves time as members don’t have to deposit their checks; it is more eco-friendly and saves money; and it provides flexibility and convenience as employees can direct funds to multiple accounts as soon as the direct deposit is made. This promotion was a great way to share that message.”


Eight weekly winners were randomly selected to each receive $500 among Credit Union members who participated in the promotion, and one winner was selected to win $5,000. Larry was selected as the grand prize winner among the 87,674 entrants.


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, received the ATHENA Award® for Organizational Leadership, and for the fifth year, was named West Michigan Best and Brightest to Work For. MSUFCU has been certified as a Great Place to Work® for five consecutive years, and was named as a Top Workplace in the large employer category by the Detroit Free Press for six years in a row. The Credit Union has also been recognized for its financial education initiatives, ranking first for the Alphonse Desjardins Adult and Youth Financial Education Awards, and the Louise Herring Award as well as an honorable mention for the Dora Maxwell Award by the Michigan Credit Union League. Founded in 1937, MSUFCU has 19 branches, more than 275,000 members, nearly $4.4 billion in assets, and more than 900 employees.