Student lending CUSO Credit Union Student Choice and CUcorp, a wholly owned subsidiary of the Michigan Credit Union League, announced that they've joined in a strategic partnership.
"Credit Union Student Choice is a leader in private student lending for credit unions, and this partnership will help more credit unions offer affordable student loan products to their members," said CUcorp President/CEO David Adams. "As colleges and universities struggle with their traditional funding sources, more families are looking for private student loans, giving credit unions an opportunity to support the educational advancement of their members."
CU Student Choice serves more than 100 credit unions with its undergraduate private student lending program and has worked with six credit unions to build custom graduate private student loan programs.
"We're thrilled that CUcorp has decided to partner with our organization," said Jon Jeffreys, president of CU Student Choice. "CUcorp has been at the forefront of some of the most dynamic programs available to the credit union industry. Their decision to partner with us is just another terrific endorsement of the Student Choice program and the value we are delivering to credit unions and consumers. Through this partnership we look forward to helping even more credit unions meet the private student lending needs of students and families."