Michigan State University Credit Union is a federal credit union based in East Lansing, Michigan. It has been opened since 1979, for 41 years.
With around $4,229,820,000 in assets, Michigan State University Credit Union is considered to be a very large credit union. It has 20 branches and 20 ATM locations.
|Address|| 3777 West Road |
East Lansing, Michigan 48823
|President of the Board||William Beekman|
With 269,344 members, the Michigan State University Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 99% of credit unions.
Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.
The average fee per member gives you a general sense of how much you might pay in fees as a member of the Michigan State University Credit Union. Some credit unions tend to charge more fees, while others charge less.
Michigan State University Credit Union has 789 full-time staff members and 87 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Michigan State University Credit Union has around 324 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.
A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength
The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.
Michigan State University Credit Union holds a total of $3,354,300,000 in loans and leases, which is about $16,007 per member on average.
A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.
A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Michigan State University Credit Union pays 0.10%.