INDIANAPOLIS – Teachers Credit Union has become the first credit union in the state of Indiana to exceed $3 billion in assets.
“We strive to provide the kind of support and services our members need to achieve financial success, not only today but for years to come,” said Paul Marsh, president and CEO of TCU, in a statement.
In addition to hitting the asset milestone, TCU reported membership rose 3.74% in 2016 throughout its 55 branches in Indiana and southwest Michigan. The credit union has more than 290,000 members.
Teachers Credit Union was founded in 1931 by a small group of teachers who contributed $67 in order to obtain its charter.