CU Student Choice
PBA 2 Star

Credit Union Student Choice is the foremost provider of private student lending services to America’s credit unions. Now partnered with nearly 170 credit unions, our proven turn-key solution has helped these cooperatives fund more than $300 million in loans, redefining value for students and families while delivering attractive lending relationships to credit unions.

Filling educational funding gaps that may exist after lower-cost sources of financial aid have been exhausted, private student loans are an important financing option for students and families - and a significant business opportunity for credit unions.

Utilize our turn-key approach to:

  • Make direct loans to students and families within your existing FOM — creating a genuine opportunity for productive member relationships
  • Exercise an unprecedented level of program control, determining the value that is delivered to both borrowers and the credit union
  • Recognize the full economic return from these valuable member relationships

Credit Union Control ‐ The Student Choice program enables credit unions to make school-certified private student loans and hold them on your own balance sheet, without adding any additional staff. You control the rates and credit tiers, ensuring value for both borrowers and the credit union while establishing the foundation for a long-term member relationship.

CUSO Expertise ‐ We handle the most difficult and time-consuming aspects of student lending, including loan origination, processing, and servicing. Our team of experts also provides hands-on operational, marketing, and business development support to help position your credit union for success.

Scalable Platform ‐ Student Choice’s networked business model offers the elasticity necessary to successfully manage peak lending season (a compressed three-month window) while delivering first-rate service that your members deserve.

Risk Mitigation ‐ Our program employs numerous risk-mitigation tactics to enhance portfolio performance.

Program Sustainability ‐ Student Choice is owned and directed by your credit union peers with no exit strategy or pressure to maximize profit for stockholders. Our interests align with yours - to help members AND credit unions succeed.

Proven Results ‐ Since launching in 2008, Student Choice has partnered with more than165 credit unions, originated over 20,000 loans resulting in $400 million in loan balances, and certified loans at nearly 1,100 colleges across the nation.

For additional information, please contact a Credit Union Resources representative at 1-800-442-5762 and their extension.

Tom Hodge,  Ext. 6424
thodge@curesources.coop

Dean Borland,  Ext. 6627
dborland@curesources.coop

Bonnie Cox,  Ext. 6421
bcox@curesources.coop

In Arkansas
Vicky Salkeld,  Ext. 6828
vsalkeld@tcul.coop