Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Members United partners with Sallie Mae
WARRENVILLE, Ill. (7/1/10)--Members United Corporate FCU, Warrenville, Ill., has partnered with Sallie Mae to provide the Smart Option Student Loan program to its member credit unions. The Smart Option Student Loan is a private student loan program offered through Sallie Mae. More than 30 credit unions have signed on to the product, with others evaluating it, Members United said. With the loan, students pay interest while in school, graduate with less debt, and pay off their loans faster than in longer-term private loan alternatives that have no payments until after graduation. Private student loans help students and families cover the full cost of attendance after they have maximized scholarships, grants and federal assistance, the corporate added. Sallie Mae underwrites, funds and services all Smart Option loans. Participating credit unions serve as the referral point through a link on their website. Sallie Mae provides support and marketing materials, including e-mail campaigns, printed pieces, online advertisements and co-branded loan applications.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago