Morton Lane Federal Credit Union (formerly known as Morton R. Lane State University Federal Credit Union) has been open since 1962. The credit union has assets totaling $45.84 Million and provides banking services to more than 4,000 members. Membership: The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves education employees. Membership is also open to immediate family of current members.