Michigan State University Federal Credit Union in East Lansing, Mich., has reached $3 billion in assets.
MSUFCU passed the milestone as of Dec. 31, according to a Tuesday news release. MSUFCU has also increased total loans, members and facilities over the past several years.
"We look forward to an outstanding 2016 as we grow beyond $3 billion in assets and will soon reach 700 employees," April Clobes, chief executive, said in the release.
MSUFCU was founded in 1937 and has about 208,000 members and 15 branches. It is open to membership for faculty, staff, students, alumni and families associated with Michigan State and Oakland University.
