Student lending program provider Fynanz announced the addition of two new credit union partners, making for a total number of 50 credit union partners.
Princeton Federal Credit Union in Princeton, N.J. and Dort Federal Credit Union in Flint, Mich. were the two new additions to the Fynanz program. Princeton FCU launched the EdAccess turnkey private student loan program, which is a program where credit unions pool funds and spread out the risk of the loan. Dort FCU launched a custom built private loan program.
In February, Fynanz was selected as a strategic partner by CUNA. In 90 days the company has more than doubled its number of credit union partners.
"We're extremely pleased to have credit unions of all sizes recognize the unique value our program offers and this expansion will allow us to meet the education financing needs of even more students nationwide," said Vince Passione, CEO and Founder of Fynanz.