Michigan State University Federal Credit Union

Headquarters

3777 West Rd
East Lansing, MI 48823
See all branch locations →

Phone 1-517-333-2424

Notable Rates APY Vs.Others
Savings 0.05% 5.50% →
1-Year CD 4.50% 4.80% →
2-Year CD 4.80% 4.25% →
5-Year CD 4.35% 4.00% →
30-Year Mortgage 7.43% 4.91% →
15-Year Mortgage 6.85% 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Michigan State University is an NCUA insured institution located in East Lansing, MI. It was founded in 1979 and has approximately $7857.25 millions in assets.

Who Can Join MSUFCU?

MSU Federal Credit Union provides financial services to the Michigan State University and Oakland University communities and their families, as well as select employee and community groups.

Faculty, staff, and students of MSU or Oakland University and their immediate relatives.

MSU or OU Alumni Association members. Anyone may join the MSU Alumni Association as a friend and then join MSUFCU.

Members of the Michigan United Conservation Clubs (MUCC). Anyone may join the MUCC as a member and then join MSUFCU.

MSU Alumni Association Legacy Program members.

Those who regularly work on the MSU or OU campus who are under the control of the MSU Board of Trustees or the governing body
of Oakland University.

Employees of select groups and associations.

Immediate family members of the above eligible fields (spouse, parent, sibling, grandparent, or child).
Any individual living in the household of the above eligible fields making up an economic unit.

Select employee groups
https://www.msufcu.org/join/who_can_join/?expand=segs#segs

NCUA Insured Yes / Federally Chartered
Charter Number # # 23279
Date Established 1979
Assets $7,857.25 million
Loans $6,004.21 million
Deposits $6,278.79 million
Capital $700.19 million
 

Field of Membership Restrictions

MSU Federal Credit Union provides financial services to the Michigan State University and Oakland University communities and their families, as well as select employee and community groups. Faculty, staff, and students of MSU or Oakland University and their immediate relatives. MSU or OU Alumni Association members. Members of the Michigan United Conservation Clubs (MUCC). Anyone may join the MUCC as a member and then join MSUFCU. MSU Alumni Association Legacy Program members. Those who regularly work on the MSU or OU campus who are under the control of the MSU Board of Trustees or the governing body of Oakland University. Employees of select groups and associations. Immediate family members of the above eligible fields (spouse, parent, sibling, grandparent, or child). Any individual living in the household of the above eligible fields making up an economic unit. Registered Student Organization (RSO) accounts are available for groups associated with MSU.

Deposit Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.05% $0 - Learn More
Money Market
1.25% $2,000 $9,999 Learn More
Money Market
1.25% $10,000 $24,999 Learn More
Money Market
1.65% $25,000 $49,999 Learn More
Money Market
1.70% $50,000 $99,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
4.15% $500 - Learn More
6 Mo CD
4.40% $100,000 - Learn More
12 Mo CD
4.25% $50 - Learn More
12 Mo CD
4.50% $100,000 - Learn More
13 Mo CD
4.25% $500 - Learn More
13 Mo CD
4.50% $100,000 - Learn More
18 Month
4.47% $500 - Learn More
18 Month Jumbo
4.72% $100,000 - Learn More
24 Mo CD
4.30% $500 - Learn More
24 Mo CD
4.80% $100,000 - Learn More
36 Mo CD
4.05% $500 - Learn More
36 Mo CD
4.55% $100,000 - Learn More
48 Mo CD
3.85% $500 - Learn More
4 Year Jumbo
4.35% $100,000 - Learn More
60 Mo CD
3.85% $500 - Learn More
60 Mo CD
4.35% $100,000 - Learn More
Int Checking Rates APY MIN MAX
INTCK
1.25% $2,000 - Learn MoreShow Less

Loan Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.25% 3.25% $729.79
4 Year 3.39% 3.39% $557.68
5 Year 3.49% 3.49% $454.68
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Below are Michigan State University branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives

MICHIGAN STATE UNIVERSITY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Michigan State University Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Michigan State University. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Michigan State University U.S. Average
4.73% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Michigan State University had $34,145,843 in non-current loans and $340,462 in owned assets. To cover these potential losses it had $700,188,642 in net worth and $29,032,855 in loans loss reserves. That gives it a Texas Ratio of 4.73%.

Net Worth
Michigan State University U.S. Average
8.91% 13.93%

Michigan State University FCU has a net worth of 8.91% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Michigan State University

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