ORNL Federal Credit Union launches new student loan programs through CU Campus Resources
OAK RIDGE, TN (August 4, 2015) — CU Campus Resources is pleased to announce our new credit union partner, ORNL Federal Credit Union. ORNL Federal Credit Union will be launching two new private student loan programs for undergraduate and graduate students. Through our partnership, ORNL Federal Credit Union will offer fixed and variable loan options to its members.
“CU Campus Resources, through their dedicated expertise, technology and student loan program partners, enables ORNL Federal Credit Union to provide outstanding private student loan programs to our membership. We are excited to roll out this new program, which offers a better member experience, more flexibility and more options for our members’ education financing needs,” stated Clay Kearley, Vice President of Consumer Lending at ORNL Federal Credit Union.
“We are very happy to welcome ORNL Federal Credit Union into our CUSO family. They have strong membership in their community and these products will serve their members and the credit union well,” said Mike Long, President and COO of CU Campus Resources. “As the cost of education continues to increase each year, members are in need of financing options. Our clients offer a wide range of loan programs to their members through our flexible technology platform. With these new student loan products, ORNL Federal Credit Union is well positioned to help their members with their education financing needs.”
CU Campus Resources uses industry-leading technology, provided by Cology, LLC, 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.
About ORNL Federal Credit Union
ORNL Federal Credit Union is a not-for-profit financial cooperative locally owned and operated by its members for the benefit of all who belong. Established in 1948 with 10 founding members, ORNL FCU’s assets have grown to over $3.3 billion and membership has grown to over 185,000. Membership is open to businesses and anyone who lives, works, worships, or attends school in 19 counties of East Tennessee.