Michigan State University Federal Credit Union East Lansing, Michigan
Michigan State University Federal Credit Union is a federal credit union headquartered in East Lansing, MI, established in 1979 (NCUA charter 23279), and it is regulated and insured by the NCUA. At Q2 2026 it reported 405,979 members and total assets of $8.87B (up 7.6% from Q2 2025), the 2nd largest of 169 credit unions headquartered in Michigan. Its net worth ratio was 8.96% at Q2 2026, in the well capitalized band.
Also written as Michigan State University FCU · Trade names filed with the NCUA: Collegiate Credit Union, AlumniFi, Oakland University Credit Union, Pillur, Truly U and Home Loans
BankRegReports is independent of Michigan State University Federal Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 23279
- Headquarters
- East Lansing, MI
- Established
- 1979
- Total assets, Q2 2026
- $8.87B
- Assets vs Q2 2025
- +7.6%
- Members, Q2 2026
- 405,979
- Net worth ratio, Q2 2026
- 8.96%
- Latest call report
- Q2 2026, NCUA 5300 · Michigan State University Federal Credit Union call report
- Asset rank in state
- 2nd of 169 in Michigan
- Routing number
- 272479663
- Branches
- 38
It has 24,135 more members than on June 30, 2025 (+6.3%). Its net worth ratio was up 0.62 percentage points from 8.34% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $2.72B of $6.92B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.24% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 8.96% net worth ratio is below that band's 10.89% median.
Credit unions similar in size in Michigan
Credit unions merged into Michigan State University Federal Credit Union
Gabriels Community Credit Union (2024) · Clarkston Brandon Community Credit Union (2016)
Frequently asked about Michigan State University Federal Credit Union
How big is Michigan State University Federal Credit Union?
At Q2 2026 it reported total assets of $8.87B and 405,979 members.
Where is Michigan State University Federal Credit Union headquartered?
It is headquartered in East Lansing, MI, United States.
When was Michigan State University Federal Credit Union founded?
It was established in 1979, per NCUA records.
Is Michigan State University Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 23279): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Michigan State University Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Michigan State University Federal Credit Union well capitalized?
Its net worth ratio was 8.96% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Michigan State University Federal Credit Union's delinquency ratio?
Its delinquency ratio was 1.24% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Michigan State University Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 95.16% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- East Lansing, MI 48823
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1979
- NCUA Charter #
- 23279
- RSSD ID
- 601489
- Members
- 405,979
- Potential members
- 10,077,331
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 4.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 8.96% | 10.89% | under 10th bottom |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.35% | 0.89% | 13th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 3.87% | 8.07% | 17th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.76% | 3.45% | 72nd above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 75.40% | 70.59% | 32nd below |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.92% | 1.68% | 31st below |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 1.24% | 0.68% | 18th bottom |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.68% | 5.12% | 84th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 95.16% | 88.03% | 75th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$8.87B total assets against $8.24B; $7.28B total shares and deposits against $6.77B; $6.92B total loans against $6.37B.
$794.6M net worth against $687.5M.
8.96% net worth ratio against 8.34%.
95.16% loan-to-share ratio against 94.00%.
1.24% delinquency ratio against 1.26%.
0.35% return on assets against 0.28%; 3.87% return on equity against 3.32%.
3.76% net interest margin against 3.45%.
405,979 members against 381,844.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 8.96% | 0.35% | 1.24% | 95.16% |
| March 31, 2026 | 8.37% | 0.28% | 1.12% | 91.74% |
| December 31, 2025 | 8.43% | 0.39% | 1.16% | 93.99% |
| September 30, 2025 | 8.51% | 0.65% | 1.06% | 94.72% |
| June 30, 2025 | 8.34% | 0.28% | 1.26% | 94.00% |
| March 31, 2025 | 8.26% | -0.07% | 0.93% | 92.15% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.