Building Dreams Together
UFCU + MSUFCU: Building Creams Together

A Stronger Future for Our Members

We’re excited to share an important milestone in our history. UFCU and Michigan State University Federal Credit Union (MSUFCU) are strategically combining – bringing together two financially strong and well-capitalized credit unions with deep, shared roots in higher education and an unwavering commitment to our Members, employees, and local communities.

What This Means for You

For now, it’s business as usual across our organization as we navigate the regulatory approval process.

No Action Required

You will experience no immediate changes to your accounts, account numbers, debit or credit cards, loan terms, or online and mobile banking access.

Same Local Brand and Identity

Both brands will continue to exist following the merger. We will continue to operate as UFCU in Texas and MSUFCU in Michigan and Illinois, with University Federal Credit Union as the corporate name. Your accounts, cards, and branch experiences will remain UFCU-branded.

The Same Trusted Team

You will continue working with the same friendly employees you know and trust at your local branch. Every employee will have a position in the combined organization.

Why We Are Combining

Greater Capacity to Serve Members

Together, we will have greater resources to invest in better Member experiences, attract and develop talented employees, and respond to a rapidly changing financial-services landscape while preserving the trusted service and relationships our Members value.

Faster Innovation and Better Technology

Combining UFCU’s digital modernization with MSUFCU’s innovation capabilities will help us accelerate investments in intuitive digital tools, modern banking experiences, innovative financial solutions, and enhanced cyber resilience.

More Options and Value for Members

Bringing together our products, expertise, and specialized capabilities will give Members access to broader financial solutions and resources over time, including expanded business and student offerings.

Financial Strength for Generations

Combining two financially strong and well-capitalized credit unions creates a more resilient organization with the financial capacity to invest, adapt, and serve Members for generations to come.

Deeper Local and Higher Education Impact

Our commitment to higher education and local communities remains central to who we are. Together, we will have greater capacity to support local scholarships, campus programs, financial education, and community outreach.

Learn More

News Release

Read Our FAQs

Building Dreams Together

Our shared tagline, Building Dreams Together, reflects our unified path forward. It highlights shared opportunities, community growth, and our ongoing commitment to helping you achieve financial success.

Frequently Asked Questions

Account and Daily Banking Questions

  • No, you will experience no immediate changes. Continue using your current cards, checks, account numbers, and digital banking platforms as you normally do. Your accounts and cards will remain UFCU branded.

  • No. Your local branch remains open, and the same employees will continue serving you. Both credit unions are committed to ensuring that every employee has a position in the combined organization.

  • No. All existing loan terms, fixed rates, and agreements remain unchanged. Variable rates will continue to fluctuate with market conditions as they normally do.

  • Yes. Both brands will continue to exist following the merger. We will operate as UFCU in Texas and MSUFCU in Michigan and Illinois. The combined organization will have University Federal Credit Union as its corporate name.

  • "Legal Day One” is when the two credit unions officially form a single legal entity, which is expected in summer 2027, pending regulatory approval. Until Legal Day One, it remains business as usual, and UFCU continues to operate independently. Formal integration planning will progress after regulatory approvals are secured, and we will keep you informed every step of the way.

Leadership Roles

  • Upon completion of the merger, Michael Crowl (current UFCU President and CEO) will serve as President and April Clobes (current MSUFCU President and CEO) will serve as CEO of the merged organization. Over the past three years, Michael and April have built a strong collaborative relationship through industry events and activities.

Strategy and Service Focus

  • No. We are combining two financially strong and well-capitalized credit unions specifically to enhance our member experience, ensuring our local branches and personal relationships remain front and center. Growth for us is never about getting bigger for the sake of size. It is about delivering greater value, security, and financial benefits to our Members.

  • MSU Federal Credit Union (MSUFCU) was founded in 1937 and is headquartered in East Lansing, Michigan. It is the largest university-based credit union in the world. With over $9.3 billion in assets, MSUFCU serves more than 415,000 members with the support of over 1,400 employees. The credit union operates 38 branch locations throughout Michigan and Illinois, while offering a comprehensive suite of services and brands — Oakland University Credit Union, Artichoke Credit Union, AlumniFi, Collegiate, Home Loans, and Pillur — through online and mobile platforms. Recognized as a leader in innovation and as a great place to work, MSUFCU continually seeks new ways to enhance the member experience and strengthen the communities it serves. For additional information, visit msufcu.org.

Thank You for Your Continued Trust

Everything we do begins with our commitment to you. We are honored to be your trusted financial partner and look forward to building dreams together for many years to come.

The proposed merger is subject to regulatory approval and approval by UFCU Members.