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

Products
Corporate America partners with Sallie Mae
IRONDALE, Ala. (3/22/12)--Corporate America CU has partnered with Sallie Mae to offer a private student loan program to its member credit unions. 

The Smart Option Student Loan, which is designed to supplement federal student loans and other financial aid, assists families in covering the rising cost of college tuition and offers degree-seeking students low interest rates and in-school payment choices to help them graduate with less debt, said the Irondale, Ala. corporate.

The loan rewards responsible borrowers with benefits such as an on-time payment reward and interest-rate discounts for automatic payments. Borrowers can choose from three in-school monthly repayment options. Depending on the option chosen, a typical freshman can save an estimated 17% to 49% in interest charges and pay off the loan three to eight years faster after graduation than a conventional 15-year payment-deferred loan.


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
2 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
7 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
7 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
9 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
9 hours ago