Michigan State University Federal Credit Union in East Lansing,Mich., reports its assets and membership have increased.

The credit union said its assets of $2.48 billion and membershipof 175,144 grew 9% and 5%, respectively, from May 31, 2012 to May31, 2013.

Patrick McPharlin, president/CEO of MCUFCU, attributed thegrowth to the expansion of branch locations and accountservices.

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