Industry News

University Federal Credit Union Partners with CU Campus Resources

August 25, 2011

Contact:
Sherry Nelson, Director of Operations
877.369.6890, ext. 2565
snelson@cucampusresources.com

FOR IMMEDIATE RELEASE

University Federal Credit Union Partners with CU Campus Resources

August 25, 2011 – Madison, WI. – CU Campus Resources is pleased to announce a new partnership with University Federal Credit Union. Through this partnership with CU Campus Resources, University Federal Credit Union will be offering private student loans to members attending schools in their surrounding area. Private Student Loans are useful to college students and their families who have exhausted the funds from their federal student loan packages, but still need money to cover school expenses.

University Federal Credit Union has strong partnerships with many universities. We are excited to be providing the resources necessary to make these loans available to their members and their university partners.,” said Mike Long, EVP and Chief Operations Officer at CU Campus Resources.

CU Campus Resources uses industry-leading technology, provided by Cology, Inc., to provide the core processing system and expert back-office support for the program. CU Campus Resources offers a complete suite of private education loan products and services that participating credit unions can make available to their members. The program offers turn-key solutions that can be customized to a credit union’s unique member attributes and the college campuses they serve.

€œProviding exceptional service and products is at the heart of everything we do and offering private student loans is one more way we can deliver convenience and accessibility for our members,” said Tony Budet, President and CEO of UFCU.

About CU Campus Resources
CU Campus Resources provides customized student loan and campus relationship advisory services to credit unions. CU Campus Resources is a Credit Union Service Organization (CUSO) wholly owned by UW Credit Union. UW Credit Union has been active in student lending for over 40 years and has well-established relationships with UW System Schools. Its current education loan portfolio stands at almost $400 million. Learn more at cucampusresources.com.

About University Federal Credit Union
UFCU is Austin’s largest locally-owned financial institution with over 135,000 members and more than $1.3 billion in assets. Founded in 1936, UFCU serves the Austin and Galveston areas with deposit, lending, investment, trust and insurance products and services. In addition to providing financial services, UFCU is committed to consumer education and community support. For more information about UFCU, visit ufcu.org.