WASHINGTON -- Credit Union Student Choice, a private studentloan CUSO, has partnered with Addison Avenue Federal Credit Unionand HawaiiUSA Federal Credit Union.
|Eighteen credit unions in 15 states are currently offering loansthrough the CUSO. Since its launch on May 5, nearly 1,500 studentsand families have secured educational financing through a privatestudent loan via Credit Union Student Choice.
|"We have had the federal guaranteed student loan program at ourcredit union for over 20 years; however, with the changes to theprogram and the higher cost of post secondary education we weresearching for a solution for our members," said Karl Yoneshige,president/CEO of $975 million HawaiiUSA FCU.
|Stu Fisher, senior vice president of business development andretail sales at $2 billion Addison Avenue FCU, said the alliance isa timely one.
|"Partnering with Student Choice enables Addison Avenue to offera product right now that our members need," Fisher said. "This isimperative, especially given the market we are currently facing;our members need honest solutions to their education needs..."
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