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CU System briefs (07/09/2012)
  • MADISON, Wis. (7/10/12)--UW CU has established a $25,000 scholarship endowment fund at Madison College, the credit union announced Monday. The funds will be allocated as needs-based scholarships annually to one full-time student at the college. "Wisconsin residents have reason to be proud of our excellent universities and colleges, but there is an urgent need to make sure talented young people are not excluded simply because they can't afford to attend," said Jaimes Johnson, director of community and campus relations for the credit union.  In the past, UW CU has funded annual scholarships for students attending Madison College such as the college's 2010 "Win a Career" scholarship program. Madison College provides "real world smart" education with technical, liberal arts and sciences, adult basic education and continuing education, as well as customized training for employers …
  • ROCKVILLE, Md. (7/10/12)--The National Institutes of Health FCU, based in Rockville, Md., has launched a new education refinancing program for nurses, physical therapists, hygienists and other healthcare professionals and specialists throughout Maryland; Virginia; Washington, D.C.; and West Virginia. The CareerBuilder Education Refinancing Program offers members low variable and fixed rate options and extended loan terms to reduce monthly payments on their student loan debt. The loan also features no pre-payment penalties and discounts for direct deposit and auto pay. With more than $562 million in assets, NIHFCU is one of the largest credit unions in the Washington, D.C. metropolitan area and the nation's largest serving the biomedical industries, it said in press release …


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