Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Corporate One reaches milestone in Sallie Mae student loan program
COLUMBUS, Ohio (11/12/10)--Corporate One FCU has received its 100th contract for Sallie Mae’s Smart Option Student Loan program from Jeep County FCU, Holland, Ohio. Corporate One FCU began offering the referral-based Smart Option Student Loan program in June 2010. A Corporate One release said credit unions’ “positive and overwhelming response” to the program reflects recent changes to the student loan system as well as the need for student loan solutions to offer to members paying for higher education. Smart Option loans are underwritten, funded and serviced by Sallie Mae, which also offers support and marketing materials. Participating credit unions provide referrals primarily through a website link. The Smart Option Student Loan allows students to make payments while in school so they can graduate with less debt and pay off loans earlier when compared to other private loan alternatives that delay payments until after graduation. The program is targeted at students and families seeking private student loans to help cover college costs after they have maximized scholarships, grants and federal assistance.


RSS print
News Now LiveWire
NCUA confirmed earlier indications that there would be no National Credit Union Share Insurance Fund premium for 2014.
9 hours ago
.@NJCUL supported prized-linked savings legislation introduced in New Jersey state Senate.
9 hours ago
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
16 hours ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
17 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
18 hours ago