MSUFCU opens Downtown Detroit branch, donates to five local organizations

EAST LANSING, MI (April 26, 2023) — MSU Federal Credit Union (MSUFCU) today opened its new full-service branch in downtown Detroit with a ribbon-cutting ceremony. The new branch is at 243 W. Congress St., at the corner of Washington Boulevard and Congress Street in the historic Marquette Building, and includes a community room for use by nonprofit organizations and other community partners. It is the Credit Union’s 23^rd branch.

“The goal with this new branch is twofold: to provide existing members with the quality financial services they know and trust in another convenient location, and also to connect with Detroit residents and welcome them as new members,” said April Clobes, President and CEO of MSUFCU. “We look forward to helping area residents achieve financial security, their goals, and, ultimately, their dreams.”

The new branch location initially brings eight new jobs to Detroit. The Credit Union supports many local organizations that assist those in the community and is committed to working in partnership to promote area artists and small businesses, as well as by welcoming local groups to use the community room that is part of the new MSUFCU space.

During the grand-opening event, check presentations were made to support the following local organizations:

These community investments are in addition to the impact MSUFCU has already made through its $1 million support of MSU’s Community Music School-Detroit and recently announced presenting sponsorship of the Detroit Free Press Marathon, which is taking place in October 2023.

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.

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