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CU System
12 N.J. CUs signed up for private student loan network
HIGHTSTOWN, N.J. (7/20/09)--Twelve credit unions in New Jersey have signed up so far for the New Jersey Credit Union League's private student loan network. The dozen credit unions have available more than $60 million in lending capacity, said the league in its newsletter, The Daily Exchange (July 16). The network launched in mid-June with nine credit unions and more than $42 million available for lending. So far, 435 applications have been received for almost $5 million in loan requests, the league said.
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