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Michigan State University Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.12%5-year CD5 Year CD
2.35% - Synchrony Bank 60 Month CDAdvertisement
2.12%5-year IRA5 Year IRA (Traditional, Roth, CESA, SEP)
1.54% - National Average
1.10%1-year CD13-23 Month HSA
1.40% - Synchrony Bank 12 Month CDAdvertisement
View all Michigan State University Federal Credit Union rates »

Overview / Commentary
www.msufcu.org
800-678-4968
3777 West Rd
East Lansing, MI 48823-8029

Michigan State University Federal Credit Union is headquartered in East Lansing and is the 3rd largest credit union in the state of Michigan. It is also the 49th largest credit union in the nation. It was established in 1979 and as of March of 2017, it had grown to 683 employees and 234,505 members at 16 locations. Michigan State University Federal Credit Union's CD rates are 50% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to anyone through membership in the Michigan United Conservation Clubs ($25 yearly membership fee). Anyone may join the MUCC as a member and then join the credit union. Membership is also open to faculty, staff or students of Michigan State University or Oakland University or be an employee or member of select groups and associations or an employee of the state of Michigan.
See current membership details

Related Posts

Michigan State Univ FCU Raises 5-year Jumbo CD Rate - 7/25/2017

Michigan State University FCU has raised the rate on its nationally available 5-year Jumbo Certificate (2.38% APY). Minimum deposit is $100k, with no stated balance cap.

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Reviews (6)

A credit union I would recommend to anyone!

Posted by: heathandrews56 | Feb 28, 2017

I have done all my backing with the MSU Federal Credit Union for over 25 years, and I would recommend them to anyone! Having direct deposit of my paycheck to the MSU FCU was easy to set up and maintain. Using their checking and savings accounts has been the easiest of any bank I've ever worked with, and their customer support is outstanding. Their web access to accounts has continued to improve over the years, and I do the majority of my banking now either via their web site or the mobile app. When the time came to set up an account for my son, their children's savings account was easy to set up, and fun for my son to learn about. Programs they set up to encourage saving in children have worked well with my son, especially their Dollar Dog program. Kids earn Dollar Dog tokens every time they deposit into savings, and can then redeem the tokens for prizes! Finally, using their savings CDs has been easy, both in setup, and in rolling them over should I wish to renew the CD without cashing it out and paying a tax penalty. Overall, I've had nothing but positive experiences, and have trusted MSU FCU with my last two car loans, and my current mortgage. I highly recommend them.

1

MSU Federal Credit Union

Posted by: DBH | Apr 2, 2014

I have both a checking account and visa account, and have had my mortgage and auto loan through the MSU FCU, and for each of these accounts, have had superlative customer service. The fees and interest are very reasonable and competitive compared to other local banks. The credit union has several branch locations around the Lansing MI area, and the hours are great - it is one of the few banks I've ever heard of open on Saturdays! Completely recommend to new folks arriving in the area, or to people looking to switch banks.

2

A+ Credit Union

Posted by: chastitymarshall60 | Jun 19, 2017

I began banking with MSUFCU a few years ago and have been very pleased with the experience. I had previously done my banking with a large national bank and I hated it. The bank had rude and unhelpful employees, hidden fees and terrible customer service. MSUFCU has been wonderful. I have a savings account there and it did not require a large amount of money to set up. There are many convenient atms across my state that I can use to deposit money into my savings account. When I have gone into branch offices to deposit money, the staff has been very friendly and helpful. I do not have a lot of money in my savings account but the staff always treats me like a valued customer. I would definitely recommend starting an account with this credit union and putting your savings there. I also have a checking account with this institution and would recommend it. I have not had any trouble with unexpected fees on this account, which I did have trouble with at my old bank. They will not charge you for having too little money and they will actually listen to your concerns if you call for customer service.

1

MSUFCU is the place to be

Posted by: BobbyBrown | May 28, 2016

I would strong recomend MSUFCU anyone looking to get started with their finances and build credit. My experience with MSUFCU has been more than positive and their fees are next to nothing. The service is always prompt and pleasure to do business with them

1

MSUFCU - SOLID ALL AROUND

Posted by: jarjarbinks | Jun 3, 2014

I have had an account with MSUFCU for 9 years, including a credit card account with very reasonable interest rates. At one point a fraudulent charge showed up on the credit card and I contacted MSUFCU. They immediately removed the charge and I had a new card with new number in 3 days. I was also recently trying to obtain quotes for personal lines of credit, and MSUFCU's website was one of the few websites among many that made this easy. Also well-designed and understandable is the web-site, with ability to essentially never have to physically visit the bank. Would absolutely recommend.

2

Changed My Mind!

Posted by: MattDeblouw | Apr 16, 2014

Walked into the Credit Union during my first week of my freshman year to only be treated with no respect like I was a 6 year old boy. That was the beginning to my problems then later turned into random charges that have taken months at a time to get back, to having NO ATM within my 1 mile radius of my apartment which is less than 1.5 miles away from campus. Every time I walk into the store there is only 1-2 people working and it has a bad, puke like, smell to it.

2


Health
A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #23279
Year Chartered1979
Employees683
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD9.47%
Annual Interest Income$32.5MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$3.57B$3.23B
LoansQ1 2017vs Q1 2016$2.57B$2.14B
DepositsQ1 2017vs Q1 2016$3.10B$2.81B
Equity CapitalQ1 2017vs Q1 2016$357.9MM$335.1MM
Loan Loss AllowanceQ1 2017vs Q1 2016$20.0MM$18.3MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$10.0MM$10.9MM
Real Estate OwnedQ1 2017vs Q1 2016$349.00K$958.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Michigan State University Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$2m*-Insured Money Management HSA
OTHER TIERS: 0.18% → $2k - $10k | 0.25% → $10k - $50k | 0.28% → $50k - $100k | 0.31% → $100k - $500k | 0.33% → $500k - $1mm | 0.37% → $1mm - $2mm
0.30%*$2m*-Business Sweep
OTHER TIERS: 0.10% → $2k - $50k | 0.12% → $50k - $100k | 0.15% → $100k - $500k | 0.20% → $500k - $1mm | 0.25% → $1mm - $2mm
0.10%--Spartan Saver
0.10%--Holiday Club
0.10%--Vacation Club
0.10%--Business Spartan Saver

Michigan State University Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$2m*-Insured Money Management Account
OTHER TIERS: 0.18% → $2k - $10k | 0.25% → $10k - $50k | 0.28% → $50k - $100k | 0.31% → $100k - $500k | 0.33% → $500k - $1mm | 0.37% → $1mm - $2mm
0.40%*$2m*-Business IMMA
OTHER TIERS: 0.18% → $2k - $10k | 0.25% → $10k - $50k | 0.28% → $50k - $100k | 0.31% → $100k - $500k | 0.33% → $500k - $1mm | 0.37% → $1mm - $2mm
0.40%*$2m*-Insured Money Management IRA
OTHER TIERS: 0.18% → $2k - $10k | 0.25% → $10k - $50k | 0.28% → $50k - $100k | 0.31% → $100k - $500k | 0.33% → $500k - $1mm | 0.37% → $1mm - $2mm
0.20%*$50k*-Money Market Checking
OTHER TIERS: 0.12% → $2k - $10k | 0.15% → $10k - $50k
0.15%*$100k*-Money Market Business Checking
OTHER TIERS: 0.10% → $25k - $50k | 0.12% → $50k - $100k

Michigan State University Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.38%$100k-5 Year Jumbo CD
2.38%$100k-5 Year Jumbo HSA
2.12%$500-5 Year CD
2.12%$500-5 Year HSA
2.10%$100k-4 Year Jumbo CD
2.10%$100k-48-59 Month Jumbo HSA
1.85%$500-4 Year CD
1.85%$100k-3 Year Jumbo CD
1.85%$100k-36-47 Month Jumbo HSA
1.85%$500-48-59 Month HSA
1.60%$500-3 Year CD
1.60%$100k-2 Year Jumbo CD
1.60%$100k-24-35 Month Jumbo HSA
1.60%$500-36-47 Month HSA
1.35%$500-2 Year CD
1.35%$500-24-35 Month HSA
1.35%$100k-13-23 Month Jumbo CD
1.35%$100k-1 Year Add-On Jumbo CD
1.35%$100k-13-23 Month Jumbo HSA
1.35%$100k-1 Year Add-On Jumbo HSA
1.10%$50-1 Year Add-On CD
1.10%$500-13-23 Month CD
1.10%$50-1 Year Add-On HSA
1.10%$500-13-23 Month HSA
0.75%$100k-6 Month Jumbo CD
0.75%$100k-6-11 Month Jumbo HSA
0.55%$100k-3 Month Jumbo CD
0.55%$100k-3-5 Month Jumbo HSA
0.50%$500-6 Month CD
0.50%$500-6-11 Month HSA
0.30%$500-3 Month CD
0.30%$500-3-5 Month HSA

Michigan State University Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.38%$100k-5 Year Jumbo IRA
2.12%$500-5 Year IRA
2.10%$100k-48-59 Month Jumbo IRA
1.85%$500-48-59 Month IRA
1.85%$100k-36-47 Month Jumbo IRA
1.60%$500-36-47 Month IRA
1.60%$100k-24-35 Month Jumbo IRA
1.35%$500-24-35 Month IRA
1.35%$100k-13-23 Month Jumbo IRA
1.35%$100k-1 Year Add-On Jumbo IRA
1.10%$50-1 Year Add-On IRA
1.10%$500-13-23 Month IRA
0.75%$100k-6-11 Month Jumbo IRA
0.55%$100k-3-5 Month Jumbo IRA
0.50%$500-6-11 Month IRA
0.30%$500-3-5 Month IRA
Locations

Michigan State University Federal Credit Union has 16 locations. Click to view all Michigan State University Federal Credit Union locations.