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MSUFCU Receives Top Credit Portfolio Performance Award

 
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Published: Aug 6, 2020

MSUFCU Receives Top Credit Portfolio Performance Award

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EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) has received the Highest Overall Portfolio Performance Award from Visa, Inc. for its credit portfolio, as voted on by its peers.

 

This award recognizes Visa DPS clients who maintain strong, well-balanced performance programs that include authorization approval rate, point-of-sale (POS) usage, gross fraud rate, and portfolio growth.

 

“We are honored to be recognized by Visa,” said Sara Dolan, MSUFCU Chief Financial Officer. “Our team is dedicated to maintaining a high-performing credit portfolio that drives growth in key areas, and offers numerous options and benefits for members.”

 

Visa's performance programs celebrate the partnership between Visa and its clients, recognizing those who achieve high performance in key areas that drive business growth.

 

In 2019, MSUFCU received the Excellence in Innovation Visa DPS Client Achievement Award. In 2017, the Credit Union received the Visa DPS Client Achievement Award for Overall Portfolio Excellence, and a Global Service Quality Award for the Highest Authorization Approval Rate — Issuer, Card Present.

 

MSUFCU has a national reputation for excellence and has received several top industry and workplace awards. The Credit Union was named as a Top Workplace in the large employer category by the Detroit Free Press for eight consecutive years, received a 5 star rating from Bauer Financial in 2020, was named a Top 100 Best Workplace for Women by Fortune for the third year, and is in the top five Michigan credit unions by Forbes Best-in-State Credit Unions. MSUFCU was named a Best Workplace in Financial Services and Insurance by Fortune Magazine two consecutive years, received the ATHENA Award® for Organizational Leadership, and was named West Michigan Best and Brightest to Work For the eighth year in a row. The Credit Union earned the ranking of one of Michigan’s Best and Brightest in Wellness for the eighth consecutive year, and has been certified as a Great Place to Work® for seven consecutive years. MSUFCU 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 is headquartered in East Lansing, MI, has 21 branches, nearly 300,000 members, more than $5.4 billion in assets, and more than 900 employees. For more information, visit msufcu.org.

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