MICHIGAN STATE UNIVERSITY

3777 West Rd
East Lansing, MI 48823

Phone: 1-517-333-2424

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 1.95% 2.25% →
2-Year CD 2.10% 2.50% →
5-Year CD 2.51% 2.80% →
30-Year Mortgage 3.93% 3.31% →
15-Year Mortgage 3.35% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Michigan State University is an NCUA insured institution located in East Lansing, MI. It was founded in 1979 and has approximately $4499.55 millions in assets.

Who Can Join MSUFCU?

MSU Federal Credit Union provides financial services to the Michigan State University and Oakland University communities and their families, as well as select employee and community groups.

Faculty, staff, and students of MSU or Oakland University and their immediate relatives.

MSU or OU Alumni Association members. Anyone may join the MSU Alumni Association as a friend and then join MSUFCU.

Members of the Michigan United Conservation Clubs (MUCC). Anyone may join the MUCC as a member and then join MSUFCU.

MSU Alumni Association Legacy Program members.

Those who regularly work on the MSU or OU campus who are under the control of the MSU Board of Trustees or the governing body
of Oakland University.

Employees of select groups and associations.

Immediate family members of the above eligible fields (spouse, parent, sibling, grandparent, or child).
Any individual living in the household of the above eligible fields making up an economic unit.

Select employee groups
https://www.msufcu.org/join/who_can_join/?expand=segs#segs

NCUA Insured Yes
Charter Number # # 23279
Date Established 1979
Assets $4,499.55 million
Loans $3,547.57 million
Deposits $3,727.59 million
Capital $477.12 million
 

Field of Membership Restrictions

MSU Federal Credit Union provides financial services to the Michigan State University and Oakland University communities and their families, as well as select employee and community groups. Faculty, staff, and students of MSU or Oakland University and their immediate relatives. MSU or OU Alumni Association members. Members of the Michigan United Conservation Clubs (MUCC). Anyone may join the MUCC as a member and then join MSUFCU. MSU Alumni Association Legacy Program members. Those who regularly work on the MSU or OU campus who are under the control of the MSU Board of Trustees or the governing body of Oakland University. Employees of select groups and associations. Immediate family members of the above eligible fields (spouse, parent, sibling, grandparent, or child). Any individual living in the household of the above eligible fields making up an economic unit. Registered Student Organization (RSO) accounts are available for groups associated with MSU.

Deposit Rates - December 13, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.00% $2,000 $9,999 Learn MoreShow Less
Money Market
1.00% $10,000 $24,999 Learn MoreShow Less
Money Market
1.00% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.70% $50 $99,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
1.40% $500 $99,999 Learn MoreShow Less
1.65% $500 $99,999 Learn MoreShow Less
1.70% $50 $99,999 Learn MoreShow Less
12 Mo CD
1.95% $100,000 - Learn MoreShow Less
1.70% $500 $99,999 Learn MoreShow Less
1.80% $500 $99,999 Learn MoreShow Less
2.05% $100,000 $9,999,999 Learn MoreShow Less
24 Mo CD
2.10% $100,000 - Learn MoreShow Less
1.80% $500 $99,999 Learn MoreShow Less
1.90% $500 $99,999 Learn MoreShow Less
2.15% $100,000 $9,999,999 Learn MoreShow Less
36 Mo CD
2.20% $100,000 - Learn MoreShow Less
2.05% $500 $99,999 Learn MoreShow Less
2.30% $100,000 $9,999,999 Learn MoreShow Less
48 Mo CD
2.36% $100,000 - Learn MoreShow Less
2.20% $500 $99,999 Learn MoreShow Less
2.46% $100,000 $9,999,999 Learn MoreShow Less
60 Mo CD
2.51% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.00% $50 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.50% $2,000 $9,999 Learn MoreShow Less

Loan Rates - December 13, 2019

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.25% 3.25% $729.79
4 Year 3.39% 3.39% $557.68
5 Year 3.49% 3.49% $454.68
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.



Branches

Below are Michigan State University branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Michigan State University Locations


Financial Details

Michigan State University Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Michigan State University. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Michigan State University U.S. Average
2.57% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Michigan State University had $11,861,302 in non-current loans and $952,832 in owned assets. To cover these potential losses it had $477,116,726 in net worth and $20,529,475 in loans loss reserves. That gives it a Texas Ratio of 2.57%.

Net Worth
Michigan State University U.S. Average
10.6% 13.65%

Michigan State University FCU has a net worth of 10.6% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Michigan State University

Branches and Savings

What is Michigan State University?

A federal credit union, registered with the NCUA under certificate #23279.
Learn more about credit unions here.

Is Michigan State University FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Michigan State University?

Please see Field of Membership information above for information on who is eligible to join.

What are Michigan State University's share account and share certificate rates?

Michigan State University's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Michigan State University?

Michigan State University has total capital of $477.12 million. Full information on Michigan State University's financial position is located above.

Who owns Michigan State University?

Credit Unions are owned by their members.

Where are Michigan State University branches located?

See branch locations nearby.

Are Michigan State University ATMs Open 24/7?

Do Michigan State University ATMs accept cash deposits?

Can Michigan State University customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Michigan State University have a mobile app?

Does Michigan State University have mobile deposit?

Does Michigan State University have quick pay?

How can Michigan State University transfer money to other banks or credit unions?

Does Michigan State University report to credit bureaus?

Does Michigan State University use Chexsystems?

Does Michigan State University use Equifax?

What is Michigan State University's toll free phone number?

What is Michigan State University's ACH Routing Number?

What is Michigan State University's SWIFT code?

Where can I find Michigan State University's wire transfer form?

What is the Michigan State University address for deposits?

What Products Does Michigan State University Offer

Does Michigan State University offer mortgages?

Compare mortgage rates here.

Does Michigan State University offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Michigan State University offer auto and RV loans?

Compare auto loan rates here.

Does Michigan State University offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Michigan State University

There are currently no comments for Michigan State University. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →