RALEIGH, N.C. — State Employees' Credit Union is doing its part to ensure the state will have student loan funding by teaming up to finance education loans for North Carolina families and colleges.
Investing $1.1 billion of members' funds, SECU will help the North Carolina State Education Assistance Authority refinance and provide funding for loans made by College Foundation Inc. to students and parents this year.
The deal has been in the works since April with several cooperatives working together in N.C. to make it happen for the students including: North Carolina Education Assistance Authority, College Foundation of North Carolina and SECU.
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