Michigan State University Federal Credit Union

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A short history of Michigan State University FCU

Since its inception in 1979 the Michigan State University Federal Credit Union has been serving its members in the EAST LANSING, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by April Clobes, the Michigan State University FCU has grown its membership to over 238,802 with assets of more than $3,649,535,197. They have a main office and 18 branch offices. Please see the credit unions website or contact them by phone at (517) 353-2280 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in EAST LANSING, MI.

General Information For Michigan State University FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 23279
Address 3777 WEST RD 
City EAST LANSING 
State Michigan 
Zip-Code 48823
Phone Number (517) 353-2280
Fax Number (517) 664-6953
Email Address: none
CEO/President April Clobes
Members 238,802 
Full-Time Employees 713 
Part-Time Employees 62 
Number of Branch Offices 18 
Total Assets 3,649,535,197 
Website http://www.msufcu.org 

Compare Michigan State University Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Gabriels Community CU Main Branch-E. Michigan Ave 1901 E Michigan Ave 48912 (517) 484-0601 No 4.77
Lansing Postal Community CU Lansing Postal Community CU 4600 Collins Rd 48909 (517) 337-0401 No 6.09
Consumers Professional CU CPCU Eaton Rapids 1515 S Main St 48827 (517) 663-8176 No 6.24
Lake Trust CU Okemos 1821 Newman Rd 48864 (888) 267-7343 No 6.32
Case CU LCC 422 N Washington Sq 48909 (517) 393-7710 No 7.17

Michigan State University Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Michigan State University Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.90 2.99 2.74 4.13 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 145 70 160 100
Rank Among All Michigan Credit Unions 22 40 17 39 15

Michigan State University Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.20 1.00 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 114 174 158
Rank Among All Michigan Credit Unions N/A 16 25 35 26
Michigan State University Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.90080,759285,643,639
All Other Unsecured Loans/Lines of Credit 8.95019,804115,318,424
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.00010548,619
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9906,231131,339,761
Used Vehicle Loans 2.74041,755487,692,093
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1309,0201,142,218,789
Total Other Real Estate Loans/Lines of Credit 4.0004,679143,982,941
Leases Receivable 2.5907,194225,826,985
Total All Other Loans/Lines of Credit 4.9909,858162,579,975
TOTAL LOANS & LEASES 179,4052,694,651,226

Michigan State University Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 6,239809,023,99060196,290,829
    b. 15 Years or less 2,372217,377,53218525,406,187
Balloon/Hybrid
    a. > 15 years 6643,873,74166,234,250
    b. 15 Years or less 34271,763,526266,091,158
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1180,00000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 1,38850,670,39547319,063,884
Closed-End Adjustable Rate 24565,88500
Open-End Adjustable Rate 3,26792,746,6612,20529,837,232
Open-End Fixed Rate 0000
TOTALS 13,6991,286,201,7303,496182,923,540

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 76830,042,6043,287,032
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Michigan State University Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes