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  • Writer's pictureKelsie Papenhausen

MSUFCU President and CEO April Clobes Honored as 2023 Crain’s Detroit Business Newsmaker

DETROIT — MSU Federal Credit Union (MSUFCU) President and CEO April Clobes was honored yesterday as one of 10 recipients of the 2023 Crain’s Detroit Business Newsmakers of the Year during a luncheon ceremony at the MGM Grand Detroit.

Individuals are selected for their influence on moving the metro Detroit region and state forward during the year. According to the publication, Clobes was chosen “because of her leadership and vision behind the growth of MSUFCU but also in the credit union market in general.”

“I was honored to be recognized as a 2023 Crain’s Detroit Business Newsmaker of the Year with a group of dedicated leaders,” Clobes said. “Despite a challenging economic year, MSU Federal Credit Union continued to invest in what is important, our people and technology. Our dedication to serving our membership and communities led to many opportunities throughout last year.

“Some of our most exciting 2023 initiatives included an announcement to expand in the Chicagoland area by opening five branch locations, acquiring two community banks in the Chicago suburbs, and our entry into the Detroit market through our Congress Street branch,” Clobes continued. “Our success would not be possible without the support of our volunteer Board of Directors, members, and employees.”

Clobes joined the Credit Union in 1996 as a marketing specialist and moved through several positions in the organization before being named President and CEO in 2015. She also serves as CEO of Reseda Group, MSUFCU’s wholly owned Credit Union Service Organization formed in 2021. Clobes has a Bachelor of Arts degree in marketing from Michigan State University, a Master of Arts degree from Michigan State University in advertising, and a Master of Business Administration from Western Michigan University.

Named as one of the Most Powerful Women in Credit Unions by American Banker, Clobes has been a transformational leader for technology in the credit union industry. She serves on multiple advisory boards that support the business and credit union communities.

The additional 2023 honorees were: Kofi Bonner, CEO of Bedrock LLC; Matt Cullen, Chairman of the Detroit Riverfront Conservancy and JACK Entertainment; Sheila Ford Hamp, Principal owner and chair of the Detroit Lions; Jennifer Gilbert, Co-founder of the Gilbert Family Foundation; Hamissi Mamba and Nadia Nijimbere, owners of Baobab Fare; Ryan Maibach, President and CEO of Barton Malow; Bob Riney, President and CEO of Henry Ford Health; Rep. Joe Tate, Speaker of the Michigan House of Representatives; and Teresa Woodruff, Interim President of Michigan State University.

ABOUT MSUFCUFounded in 1937, MSUFCU has a national reputation for excellence and has received several top industry and workplace awards, including being named a Best Credit Union to Work For® by American Banker for the sixth year, a Top Workplace by the Detroit Free Press for 13 consecutive years, and a National Best and Brightest Companies to Work For® winner for seven consecutive years. MSUFCU has also been certified as a Great Place to Work® for 10 consecutive years and has been recognized by the Credit Union National Association, earning first place for the people-helping-people philosophy Louise Herring Award. The Credit Union operates an award-winning, wholly owned credit union service organization, Reseda Group; along with digital financial platforms AlumniFi and Collegiate; trade name Oakland University Credit Union; and its foundation, the Desk Drawer Fund. MSUFCU is headquartered in East Lansing, Michigan; and has 24 branches; over 350,000 members; $7.61 billion in assets; and more than 1,100 employees. For more information, visit


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