News & Press: Credit Union News

City & County Credit Union Partners with CU Student Choice To Provide Affordable College Financing

Monday, December 5, 2016  
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City & County Credit Union - ST. PAUL, Minn. (December 5, 2016) - With a commitment to providing financial resources for every stage in life, City & County Credit Union is proud to partner with CU Student Choice to offer affordable undergraduate private student loan solutions.

 

City & County Credit Union’s private student loan program is structured as a line of credit. With a line of credit, students complete one simple loan application and then can make multiple draws on the same line of credit over the course of their entire undergraduate career. City & County’s program also features zero origination fees, extremely competitive interest rates and flexible payment options. 

 

“Filling the funding gap between what scholarships and federal loans cover and the actual cost of attendance has become a growing problem for our members,” Tom Coulter, vice president of lending explained. “With a focus on people over profit, we partnered with Student Choice to provide an affordable and flexible solution to ensure our members have the resources to succeed financially and personally.”

 

As a not-for-profit financial institution, City & County’s new private student loan program is centered on financial education. Through City & County’s loan program, students can also create a personalized account on iGrad, an interactive platform aimed at helping college students make smart decisions about paying for college and everyday finances.

 

“Whether you are getting ready to borrow for the first time, researching options or paying off student loans, iGrad helps students make informed decisions at every stage of their college career,” Coulter explained. “Through our partnership with Student Choice, we are able to provide higher education financing and, more importantly, the tools for long-term financial success.” 

 

For more information on City & County Credit Union’s student loan program, visit http://www.cccu.studentchoice.org/  

 

City & County Credit Union’s private student loan consolidation program will launch in 2017. 

 

About City & County Credit Union

City & County Credit Union is a cooperatively owned, not-for-profit credit union based in Saint Paul, Minnesota, with more than 38,000 members and $457 million in assets. Founded in 1928 to serve the employees of Ramsey County and Saint Paul, City & County Credit Union now serves those who live, work, worship or attend school in Ramsey, Washington or Dakota County. To learn more, call 651-225-2700 or visit www.cccu.com.

 

About Student Choice

Student Choice was founded in 2008 by several of the nation’s leading credit unions and Credit Union Service Organizations (CUSO’s). Utilizing the cooperative spirit, Student Choice provides innovative private student lending programs to help credit unions offer competitive and low-rate higher education financing to their members. 


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034