So what exactly is a credit union?
Credit unions are not-for-profit organizations that exist to serve their members - not to maximize corporate profits. They provide a safe place to save and borrow while offering their members lower fees, higher savings rates, and lower loan rates.
Credit union membership was once available only to select groups of people based on employer, geographic location, or other group affiliation. The great news is that now, just about anyone can become a credit union member!
In 2008 a group of leading credit unions saw a need in the marketplace for a better private student loan – one that was actually in the student’s best interest and honored the credit union philosophy of putting members first. In response, Credit Union Student Choice was founded. We serve credit unions so they can offer fair-value student lending solutions and straight-forward advice to students and members. By working together, credit unions across the country are providing students and families with the funding they need.
How do we make money? We may earn a referral fee from the featured lenders displayed in your search results. The referral fee may impact how participating lenders appear within search results. We do not charge fees to consumers to use our finder. Users can sort by rate and terms, or view the full list of all our credit union partners, at any time. We work with participating credit unions to help them process applications based on each credit unions’ underwriting criteria and interest rates. The rates and terms listed on our site are estimates based on the information entered by users and can change any time, and without notice.
Who is credit union Student Choice?