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MSUFCU is the largest university-based credit union in the world, and the second-largest credit union in Michigan. [ 1 ] [ 2 ] [ 3 ] MSUFCU provides a variety of financial services, including deposit accounts, personal and business loans, investments, and insurance.
The average checking account holder sticks with the same bank or credit union for 17 years on average. ( Bankrate ) Deposits at FDIC-insured banks have decreased for six straight quarters.
Health savings accounts differ in several ways from medical savings accounts. Perhaps the most significant difference is that employers of all sizes can offer a health savings account and insurance plan to employees. Medical savings accounts were limited to the self-employed and employers with 50 or fewer employees.
If you plan to keep your HSA in a spending account, make sure the bank or credit union you select is insured by the Federal Deposit Insurance Corp. or the National Credit Union Share Insurance ...
Effective by January 1, 2014, the Patient Protection and Affordable Care Act will impose a $2000 per employee tax penalty on employers with over 50 employees who do not offer health insurance to their full-time workers. (In 2008, over 95% of employers with at least 50 employees offered health insurance.
The Michigan Office of Retirement Services (ORS) administers retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. ORS also provides various retiree healthcare benefits, including traditional insurance plans, Personal Healthcare Funds, and Health Reimbursement Accounts.
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]
March 2013: Lake Trust Credit Union announced they would be building a new $30 million headquarters in Brighton, Michigan. The site includes a new 100,000 square foot building designed to more efficiently and effectively join their employees who were split between corporate offices located in Lansing, Michigan, Plymouth, and Brighton. [6] [7]