“In 1958, the Credit Union served members from a Quonset hut on Willion Lane. Quonset huts provided extra space on MSU’s campus after World War II.”— MSUFCU History
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MSUFCU's Jeff Jackson Elected to FHLBI Board of Directors

 
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Published: Oct 22, 2018

MSUFCU's Jeff Jackson Elected to Federal Home Loan Bank of Indianapolis Board of Directors

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EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) is pleased to announce that Jeff Jackson, MSUFCU's Chief Lending Officer, has been elected to the Federal Home Loan Bank of Indianapolis (FHLBI) Board of Directors. In this role, he will provide leadership, strategic planning, and guidance for FHLBI to help its members with reliable, cost effective, and flexible funding resources.

 

Jackson is committed to strengthening and overseeing the FHLBI's core mission to provide advances for liquidity, housing, and community economic development to its members; to purchase mortgages from its members; to administer Affordable Housing Program (AHIP) grants; and to provide other correspondent banking services.

 

“It is an honor to have been elected to the FHLBI Board of Directors,” said Jackson. “I look forward to bringing a community-focused perspective to the FHLBI, increasing access to grants, and improving services to further economic development.”

 

The FHLBI Board is comprised of both member and independent directors. Board members are elected for four-year terms.

 

MSUFCU has a national reputation for excellence and has received several top industry and workplace awards. For the sixth year in a row, MSUFCU was named as a Top Workplace in the large employer category by the Detroit Free Press. Last year, it was also recognized as one of CU Journal’s Best Credit Unions to Work For, a Best Workplace for Women by Fortune Magazine, an Outstanding Credit Union of the Year by the Michigan Credit Union League, a Michigan Best and Brightest in Wellness award winner, and is certified as a Great Place to Work®. MSUFCU has also been nationally recognized for its financial education initiatives, ranking first in Michigan and second in the nation for the 2017 Alphonse Desjardins Adult Financial Education award by the Credit Union National Association. Founded in 1937, MSUFCU has 18 branches, over 260,000 members, more than $4.1 billion in assets, and nearly 900 employees.