Nutmeg partners with Porter and Chester Institute
Credit union partners with technical school to offer education loans
ROCKY HILL, CT (February 10, 2020) — Nutmeg State Financial Credit Union has announced a new partnership with Porter and Chester Institute, a technical school with locations in Connecticut, Massachusetts and Pennsylvania to offer education loans to its students. The partnership comes as the result of previous collaboration between the two businesses that created an opportunity to help students get a quality education.
“The foundation of our partnership with Porter and Chester started early last year when we first established a banking relationship with the school,” said John Holt, President and CEO of Nutmeg. “I’m happy to say that since then, our relationship with them has developed so much that we are now their preferred loan provider for students.”
As a part of their partnership, the credit union is also leveraging its custom technology to streamline their application process for education loans.
“With Nutmeg, our students now have access to an exclusive application that allows for a fast and efficient loan experience,” said Jim Bologa, President and CEO of Porter and Chester. “Students are already using this method to apply for loans and have been receiving responses very quickly.”
“A major piece of our strategy that we are very proud of is our use of technology to streamline our services,” said Holt. “Working with Porter and Chester has been a great opportunity to make our services easy for students to use as they get a good education. I can’t wait to see where our partnership takes us in the coming year.”
To learn more about Nutmeg State Financial Credit Union’s latest offers and promotions, visit www.nutmegstatefcu.org or call 860.513.5000.
About Nutmeg State Financial Credit Union (NSFCU)
Established in 1936, Nutmeg State Financial Credit Union is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. Embracing our roots as a steward of the financial cooperative movement, we’re a values-driven collective committed to intentional actions and investments to “be the change” in our community. We believe prosperity for all people is possible through meaningful social and economic relationships and ensuring inclusive and equitable access to resources. Our mission is to create multi-generational prosperity throughout the community we serve through education, collaboration, and the support of local commerce. Nutmeg State Financial Credit Union has assets of approximately $565 million and currently serves approximately 43,000 members. Please visit nutmegstatefcu.org for more information.
About Porter and Chester Institute
With nine campuses in Connecticut, Massachusetts and Pennsylvania, Porter and Chester Institute helps committed students attain rewarding careers through industry-modeled, student centered training and support of the highest caliber. Porter and Chester Institute offers career education in the healthcare, automotive, technology and construction fields. For more information about Porter and Chester Institute, please call 800-870-6789 or visit www.porterchester.com.
