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MSUFCU partners with higher education on Collegiate

Digital platform provides student-based resources, services

EAST LANSING, MI (March 30, 2023) — MSU Federal Credit Union has launched Collegiate Credit Union, a first-of-its-kind financial solution that serves individuals starting their secondary education journey through partner institutions. Collegiate offers digital banking, financial tools, and educational resources made for Gen Z members.

“Through an integrated experience, Collegiate provides students the financial tools and knowledge needed to create a foundation for financial success,” said MSUFCU President and CEO April Clobes.

Olivet College is Collegiate’s first partner institution, extending Collegiate digital banking and resources to students, faculty, and staff, including:

  • Digital checking and savings accounts with robust online and mobile banking without membership or overdraft fees.
  • Goal-setting and -tracking resources made for students by certified financial educators.
  • Data on individual spending and saving habits, alongside personalized guidance.

Collegiate partners with academic institutions like Olivet College to empower students to confidently create and nurture their personal goals with digital checking and savings options customized for their unique stage of life and what lies ahead.

Collegiate can be found on Google Play for Android devices and on the App Store for iOS devices.

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.

About Collegiate

Collegiate provides an accessible and inclusive financial experience to those pursuing higher education to support the creation of positive lifelong financial wellness. Collegiate is a custom digital bank created by Michigan State University Federal Credit Union and is backed by the National Credit Union Administration. For more information, visit collegiatecu.org.

About Olivet

Established in 1844, Olivet College is a liberal arts institution located in south-central Michigan. The College remains dedicated to its academic vision of Education for Individual and Social Responsibility by providing a quality higher education to all, regardless of gender, race or financial means. Olivet College is committed to each student’s personal, academic, and career success from enrollment to graduation.

Contacts

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

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