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The Michigan State University Federal Credit Union (MSUFCU) is a credit union headquartered in East Lansing, Michigan. Primarily serving students and alumni of Michigan State University and Oakland University , MSUFCU is federally chartered and regulated by the National Credit Union Administration (NCUA) .
As Daniel Disalvo notes, "In today's public sector, good pay, generous benefits, and job security make possible a stable middle-class existence for nearly everyone from janitors to jailors." [21] In 2009 the U.S. membership of public sector unions surpassed membership of private sector unions for the first time, at 7.9m and 7.4m respectively. [22]
Ford Engineering Employees Federal Credit Union was founded by employees of Ford Motor Company Engineering and Styling in February 1950. The Dearborn, Michigan, credit union changed its name to Ford Dearborn Federal Credit Union in 1954 and then to Dearborn Federal Credit Union in 1960. In 2003, the credit union renamed itself DFCU Financial. [4]
The Michigan Schools and Government Credit Union (MSGCU) is headquartered in Clinton Township, Michigan, and has a membership size of more than 137,000 and assets of over $3.7 billion. MSGCU was founded in 1954 and is a not-for-profit financial institution , which is owned and operated by its members.
Michigan Schools and Government Credit Union; Michigan State University Federal Credit Union; O. Oakland University Credit Union; U. United Federal Credit Union
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The department placed Clarkston Brandon Community Credit Union into Conservatorship with the National Credit Union Administration as conservator in January 2015 after $20 million was stolen by CFO Michael LaJoice since 2013. [8] On May 18, 2015, Pat McPharlin took over the position of department director from Flood. [9]
This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]