Press
Michigan State University Federal Credit Union (MSUFCU) Announces $1,000,000 Gift to Michigan State University’s College of Music
Endowment will support an artist-in-residence program within MSU’s Jazz Studies program
EAST LANSING, MI— MSUFCU has announced a $1,000,000 donation to the MSU College of Music for the MSU Federal Credit Union Jazz Studies Guest Artist Residency Endowment. This gift will bring world-renowned jazz artists to Michigan to provide students and the Greater Lansing, Detroit, and Traverse City communities with exciting musical and cultural experiences.
With this new residency program, national and international artists will visit schools throughout Michigan, focusing on diverse communities and urban areas. Students in these schools will enjoy hands-on music education, and teachers will receive assistance enriching their music curriculum. MSU students in the Jazz Studies program will spend time with these artists as well, learning from the best in the industry. The endowment will also provide the local community with access to musical performances offered by visiting artists-in-residence.
Patrick McPharlin, MSUFCU’s President and Chief Executive Officer, stated, “Contributing to our local community is one way MSUFCU fulfills our mission statement and the ‘people helping people’ philosophy on which credit unions were founded. We are proud to announce the MSU Federal Credit Union Jazz Studies Guest Artist Residency Endowment and to support programs that help ensure Mid-Michigan is a place full of vibrant arts and entertainment.”
McPharlin continued, “At MSUFCU, we strive to help create a community where people want to live, work, and visit, and where businesses can thrive. Integrating arts and culture along with economic development helps to create an enriched community, and I am excited to see the lasting impact of the MSU College of Music’s new residency program.”
MSU Federal Credit Union, the world’s largest university-based credit union, offers a full range of personal- and business-related financial services to Michigan State University and Oakland University faculty, staff, students, alumni association members, and their families worldwide in addition to a variety of select employee groups. Founded in 1937 by a few MSU professors and employees, MSUFCU now has eleven branches, over 169,000 members, more than $2.3 billion in assets, and over 490 employees.