June 9, 2014 Madison, WI CU Campus Resources is pleased to have reached $200 million of funded private student loans. As of May 2014, the 11 clients of CU Campus Resources have funded over $200 million to their members.
"Our clients continue to be leaders in the credit union industry by providing this much-needed product to their membership," said Mike Long, President and COO of CU Campus Resources. "As the cost of education continues to increase each year, members are in need of options. Our clients offer a wide range of loan programs to their members through our flexible technology platform."
"Student loan consolidation products continue to be needed by members as well", continued Long. "Credit union members are looking for ways to combine all their private loans into one affordable, monthly payment, or obtain a loan at a better interest rate. This loan product is a fantastic opportunity for credit unions everywhere to meet their members needs and add high quality loans to their balance sheet."
CU Campus Resources uses industry-leading technology, provided by Cology, LLC, to provide the core processing system and expert back-office support for the program. CU Campus Resources offers a complete suite of private education loan products and services that participating credit unions can make available to their members. The program offers turn-key solutions that can be customized to a credit unions unique member attributes and the college campuses they serve.
About CU Campus Resources
CU Campus Resources provides customized student loan and campus relationship advisory services to credit unions that have relationships with schools in their community or are large, community-based credit unions. Founded in 2010, the company provides a customizable platform for credit unions to meet the financing needs of their members for higher education. The clients of CU Campus Resources are among the nations most admired credit union brands, hold assets of more than $23.5 billion and serve more than 1.6 million members.
Learn more at
www.cucampusresources.com.
