MARQUETTE, Mich. — Northern Michigan University has entered into partnerships with Collegiate and AlumniFi to provide expanded financial education, banking services and personalized financial support to students, faculty, staff and alumni, according toMSU Federal Credit Union (MSUFCU), the parent organization of both brands.
MSUFCU said the partnerships are designed to give members of the university community access to financial tools, resources and guidance intended to help them make informed financial decisions throughout their lives.
The credit union said both platforms are backed by MSUFCU and federally insured by the National Credit Union Administration, with each tailored to serve different segments of the university community.
Dedicated On-Campus Presence
According to MSUFCU, Collegiate will establish a dedicated on-campus presence in Northern Michigan University’s Northern Center beginning in fall 2026. The space will serve as a hub where students can receive account support, participate in financial education programs and access personalized financial guidance.
MSUFCU said the partnership will also bring three fee-free ATMs to the NMU campus and provide access to a nationwide network of more than 30,000 fee-free ATMs.
“From our students, faculty, and staff to our alumni and local community, Collegiate and AlumniFi will connect the NMU community with modern banking experiences to help build solid financial futures,” NMU President Chris Olsen said in a statement provided by MSUFCU. “This is an advantageous partnership that integrates comprehensive financial support directly into the NMU experience, ensuring our community has the tools necessary to achieve long-term financial health.”
Focus on Financial Independence
MSUFCU said Collegiate is designed specifically for college students and focuses on financial independence, money management and long-term financial literacy.
Under the program, students will have access to checking and savings accounts with no monthly maintenance fees or minimum balance requirements, along with financial education resources, tools that allow families to provide financial support more easily and student lending options to help meet educational financing needs.
For faculty, staff, alumni and other members of the university community, MSUFCU said AlumniFi offers a digital banking platform focused on both day-to-day financial management and long-term financial goals.
The credit union said AlumniFi provides high-yield savings accounts, fee-free checking accounts, budgeting and spending tools, automated savings features and lending products designed to help members address major financial milestones, including continuing education expenses, student loan refinancing and parent financing needs.
Beyond the Classroom
“Student success extends beyond the classroom,” April Clobes, president and CEO of Collegiate, AlumniFi and MSUFCU, said in a statement. “With extensive experience supporting student success, we focus on helping individuals build the financial confidence and skills needed to navigate life’s milestones. Through Collegiate and AlumniFi, the NMU community now has access to meaningful education and personalized resources at every stage to support long-term financial well-being.”
MSUFCU said NMU students, parents, alumni, faculty and staff can begin exploring the new financial services and opening accounts through the Collegiate and AlumniFi platforms.
