Scott Patterson has been promoted from executive vice president to president of Credit Union Student Choice, a CUSO that provides higher education financing services to about 250 credit unions.
Former EVP Patterson will replace Jon Jeffreys, who was named a managing partner at Callahan & Associates and will remain on the CUSO's board.
The $915,704 Peoples Choice of San Antonio FCU has merged into the $350 million Air Force Federal Credit Union, also in San Antonio.
Offering private student loans can be advantageous to a credit union in many ways, and more and more CUs are taking an interest in the product.
Credit Union Student Choice, a CUSO providing private student lending services, announced it has partnered with Filene Research Institute to help its clients form deeper relationships with young adults.
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.