WASHINGTON — Three more credit unions have signed to offer private student loans to their members through Credit Union Student Choice, a CUSO launched in early May.
The $1.5 billion Members 1st FCU, $35.7 million Irving City Employees FCU and $100 million Leaders CU are the latest to sign on, the CUSO said today. Members 1st will launch the Student Choice program today, making private student loans available through a co-branded website at http://members1st.studentchoice.org/.
"The timing could not be better for us to offer student loans," said Bob Marquette, CEO of Members 1st. "We're filling a critical need for members and families when other lenders are abandoning student lending altogether."
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