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."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.