RNA-binding proteins are frequently seen to be capable of auto-regulation by binding their own transcripts. In this work, we show that in the multinucleated fungusAshbya gossypii, the phase-separating RNA-binding protein Whi3 binds and regulates its own transcripts in distinct condensates from its other targets. Failure of Whi3 to bind its own transcript leads to a reduction in Whi3 protein level and its inability to properly regulate its other targets, leading to defects in nuclear cycling, polarized growth, and transcription of START-regulated genes. These results present a role for auto-regulation and condensate formation triggered by an RNA-binding protein interacting with its own coding transcript. Given the propensity of RNA-binding proteins to interact with their own coding mRNAs, this may be a wide-spread mechanism of feedback that utilizes biomolecular condensates.