Scott Patterson has been promotedfrom executive vice president to president of Credit Union StudentChoice, a CUSO that provides higher education financing services toabout 250 credit unions.

Patterson succeeds Jon Jeffreys, who has been named a managingpartner at Callahan & Associates and will remain on the StudentChoice board, the CUSO said Monday in its announcement.

Student Choice has originated more than 50,000 private educationloans totaling $1.2 billion since it was launched in 2008, theannouncement said. The company said it enables credit unions of allsizes to fund and hold school-certified education loans by managingmany of the challenges and risks.

Patterson will continue to serve as vice president of newbusiness partnerships at Callahan, the Washington, D.C.-basedcredit union data analysis and consulting firm.

“Scott and Jon have worked closely together over the last sixyears in building Student Choice from an idea to a complexorganization serving hundreds of credit unions and thousands ofborrowers,” said Brian DuCharme, president/CEO of the $388 millionMIT Federal Credit Union in Cambridge, Mass., and board chairmanfor Student Choice.

Patterson said, “We know that credit unions are bringingtremendous value to students and families. By continually enhancingour solution while also developing new, innovative programs, weknow that credit unions can do even more.”