Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
15 CUs participate in Conn. student loan effort
MERIDEN, Conn. (12/9/08)--So far, 15 Connecticut credit unions are participating in the state’s new low-interest student loan program. Gov. M. Jodi Rell announced that the program officially began Monday, with credit unions accepting applications for the loans (NorwalkPlus.com Dec. 8). As much as $17.5 million in loans was committed for the new program, established in November by the governor and the Credit Union League of Connecticut. The credit unions expect to offer rates of between 5.75% and 6%, significantly below the 6.99% rate offered by the Connecticut Higher Education Supplemental Loan Authority. “The national economic recession is hitting home on all levels and families across Connecticut are faced with the difficult decisions on what expenses to cut,” said Rell. “Under this program, college tuition does not have to be one of them.” The program stems from a Nov. 18 meeting of Rell and officials of the league and credit unions to discuss the state’s economic situation and to propose the partnership. For more information, use the link or call 203-265-5657.
Other Resources

RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
11 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
12 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
14 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
15 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
15 hours ago