Michigan State University Federal Credit Union

[1][2][3] MSUFCU provides a variety of financial services, including deposit accounts, personal and business loans, investments, and insurance.

The Credit Union relocated its main office across MSU’s campus to 600 E Crescent Road in 1971, as its membership and assets continued to increase.

Prior to becoming president and CEO, Clobes spent 18 years with MSUFCU, and served in a number of executive roles, including Chief Operating Officer.

[9] MSUFCU merged with Eaton County Educational Credit Union (ECECU), based in nearby Charlotte, in April 2013.

[11][12] CBCCU had previously been conserved by state and federal regulators amid an embezzlement scandal that January,[13] and had 8,536 members and $41 million in assets at the time of the merger.

[12][14] The acquisition marked MSUFCU's first major expansion into Metro Detroit, a region home to over 100,000 MSU and OU alumni.

[21][22] In choosing to expand into Illinois, the credit union cited a large population of MSU alumni residing in the Chicago area.

[24] In November 2023, MSUFCU announced its acquisition of Lansing-based Gabriels Community Credit Union,[3][25] as well as plans for two new Detroit-area branches, to be built in Novi and Brighton.

[11] MSUFCU has served Oakland University since its founding as Michigan State University-Oakland in 1957, opening a branch near the campus in Pontiac Township (now Auburn Hills) in 1967.