Local man receives $5,000 payday giveaway from MSUFCU

More than 87,600 members take part in Credit Union’s Direct Deposit campaign

EAST LANSING, MI (May 28, 2019) — 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 team presents Payday Giveaway promotion winner, Larry C., with $5,000 check. From left to right, Danielle Deneau, MSUFCU’s Marketing and Communications Manager, Deidre Davis, MSUFCU’s Chief Marketing Officer, Larry C., and Maria Presocki, MSUFCU’s Marketing Creative Specialist.

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


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

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