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First class graduates from MSUFCU’s Culture of Finances program

EAST LANSING, MI (January 11, 2024) — The foundation on which to build solid and sound financial futures was set for 20 local community members who graduated Wednesday, Jan. 10, from MSU Federal Credit Union’s (MSUFCU) inaugural The Culture of Finances program.

The Culture of Finances was created in 2023 as part of MSUFCU’s mission to boost financial literacy and education within the communities the Credit Union serves. It is a diverse community outreach program that supports, develops, and encourages financial growth through tailored education courses. The courses offer personalized financial education, address economic and social barriers, and present strategies to help adults and young people ages 13-17 overcome financial fears. Participants are given tools to build confidence and prepare them to reach their financial dreams.

“We lost the patriarch of our family, and things were pretty dark,” said graduate Angela Stepter of Grand Ledge. “This program was just what we needed to understand how we can make it (financially). It took away some stress and (showed us how) to function with money a whole lot better and to make better decisions.”

Involvement in The Culture of Finances is free and open to everyone, with sessions available virtually or in person at an MSUFCU facility. Participants do not have to be an MSUFCU member or live in the Greater Lansing area.

“It was amazing to interact with the participants and learn about their experiences,” said Jamara Randall, MSUFCU Greater Lansing market manager. “Our goal is to empower community members with the knowledge and tools they need to set themselves up for financial success. We look forward to our next cohort and are encouraging members and nonmembers alike to participate. We are here for everyone.”

With the success of the inaugural program and incorporating feedback from the participants, MSUFCU is looking forward to the next cohort beginning Feb. 5 for youth ages 13-17 and Feb. 6 for adults.

Registration for the next cohort is open through Jan. 29. For more information and/or to register, visit msufcu.org/thecultureoffinances.

MSUFCU educators for The Culture of Finances program at the first cohort graduation event.


About Michigan State University Federal Credit Union (MSUFCU)

Founded in 1937, MSUFCU has a national reputation for excellence and has received several top industry and workplace awards, including being named a Best Credit Union to Work For® by American Banker for the sixth year, a Top Workplace by the Detroit Free Press for 13 consecutive years, and a National Best and Brightest Companies to Work For® winner for seven consecutive years. MSUFCU has also been certified as a Great Place to Work® for 10 consecutive years and has been recognized by the Credit Union National Association, earning first place for the people-helping-people philosophy Louise Herring Award. The Credit Union operates an award-winning, wholly owned credit union service organization, Reseda Group; along with digital financial platforms AlumniFi and Collegiate; trade name Oakland University Credit Union; and its foundation, the Desk Drawer Fund. MSUFCU is headquartered in East Lansing, Michigan; and has 24 branches; over 350,000 members; $7.61 billion in assets; and more than 1,100 employees. For more information, visit msufcu.org.

Contacts

Allison Horn
VP of Executive Communication and Legislative Affairs
517-333-2424, ext. 2401

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