MSUFCU Financial Innovation and Education Center Opens
Friday, May 13, 2016
Posted by: Matt Hillier
Intern program expands
MSU Federal Credit Union (MSUFCU) is pleased to announce that the Financial Innovation and Education Center’s (FIEC) first class of interns will begin on May 16, 2016. The FIEC is located at 309 E. Grand River in East Lansing and will provide professional experience to college students in the Greater Lansing area.
At 2,910 square feet, the FIEC provides workspaces for 22 interns and 12 full-time employees in the Credit Union’s Member Relations and Financial Education departments. Its close proximity to MSU’s campus allows for convenient access to those who live on campus or commute to East Lansing.
The FIEC will also allow MSUFCU to expand its financial education presence on campus, providing space for employees managing its Financial 4.0 website and app for college-age students and the Financial Peer Education Program. Financial 4.0 houses blogs on financial topics, financial education videos, free financial resources, and contests, providing students with the opportunity to improve their financial literacy. The Financial Peer Education Program is a result of MSUFCU’s partnership with Visa, which made a $250,000 donation to MSU to develop a program designed to improve financial literacy among college students through interactive online and in-person resources.
“In opening the FIEC, we are able to offer invaluable learning experiences to our student-interns, preparing them to become future leaders,” said April Clobes, MSUFCU President and Chief Executive Officer. “The FIEC is designed to prepare students for full-time positions after college, possibly with the Credit Union. Retaining top talent at MSUFCU and within the Greater Lansing area helps to create a vibrant community.”
MSU Federal Credit Union, the world’s largest university-based credit union, offers a full range of personal — and business-related — financial services to Michigan State University and Oakland University faculty, staff, students, alumni association members, and their families worldwide in addition to a variety of select employee groups. Founded in 1937 by a few MSU professors and employees, MSUFCU has 15 branches, nearly 220,000 members, more than $3.2 billion in assets, and over 650 employees. In 2015, MSUFCU was named as one of the Nation’s Best and Brightest Companies to Work For and one of the Nation’s Best and Brightest in Wellness by the National Association for Business Resources, and was listed as the fifth top employer in the large-employer category in the 2015 Top Workplaces list by the Detroit Free Press. In 2016, MSUFCU was selected as one of West Michigan’s 101 Best and Brightest Companies to Work For, receiving the Michigan Business Professional Association’s top honor of Elite Overall – Best of the Best award.