Indianapolis credit union buys back portfolio a decade after it was originally sold to the former MBNA.
All student loan borrowers are out to get an education, but for those who belong to credit unions, a different kind of schooling might be in store. Some credit unions say they’re placing an emphasis on educating their student loan recipients about the borrowing process, from application submission through repayment.
The industry push to promote improved savings behavior among consumers while also drawing new business was ratcheted up with a pilot initiative involving 20 credit unions and sponsored by Filene Research Institute and SaveUp, a fledgling San Francisco firm.
Filene Research Institute and SaveUp.com launch pilot initiative at 20 credit unions in 15 states offering customized packages promoting account savings.
A group young credit union professionals have been gearing up to crash CUNA’s Governmental Affairs Conference again this year.
More than 200 credit unions are now expediting account openings and loan closings with electronic signature software from Seattle-based DocuSign, the company said.
Indianapolis credit union volunteers gather hundreds of pairs of new shoes for children in need.
Seattle-based DocuSign said its electronic signature service is now in place at more than 200 credit unions.
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.