Credit Unions Stepping Up Student Loan Efforts

I have seen a pattern here with recent announcements about credit unions increasing their involvement in the student loan business:

• In this announcement, "State Employees’ Credit Union (SECU) is pleased to announce its agreement with North Carolina State Education Assistance Authority (NCSEAA) and College Foundation, Inc. (CFI) to provide an additional $500 million in funding for student loans."  This funding is to be used for Stafford and PLUS student loans

• In Connecticut, several credit unions are now accepting applications for new low-interest rate loans.  The SLA blog had an earlier post on this program when it was first announced.  

• ReliaMax Surety chosen as provider of loan default insurance for private student loans for Credit Union Student Choice Program.  According to the press release, "Nineteen credit unions in 15 different states are currently offering loans through the services provided by
  Credit Union Student Choice."