A much anticipated gift arrived during the holidays when third quarter data showed credit unions posted their strongest loan performance in history.
Private student loans account for just 0.2% of the U.S. credit union loan portfolios, according to Callahan & Associates, but student loan CUSOs and credit unions that offer student loans believe they’re a worthwhile addition to any CU’s product suite, citing potential relationships with young members as a major benefit.
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
The addition of two new credit union partners has pushed student lending program provider Fynanz to reach the milestone of 50 credit union partners.
Student Lending CUSO Credit Union Student Choice announced its 150th credit union partner.
Credit unions that offer the EdAccess student loan from Fynanz have announced they are joining together to create a new CUSO, CU Student Lending LLC.