Providing Credit Union Members with Low Cost Education Finance Options
Richardson, Texas May 28, 2020 — CU REVL LLC (CURevl), a Texas-based credit union service organization (CUSO), announced that WEBSTER FIRST FEDERAL CREDIT UNION of Worcester, Massachusetts has joined the CUSO as a referral affiliate. Through the partnership, Webster First members will now have access to competitive student loan refinance products to meet their education finance needs. The loans are disbursed and serviced by College Ave Student Loans under an agreement with CURevl to provide CUSO member credit unions a turnkey private education loan product.
“The demand from families within our community to refinance current student loan debt has been significant and will likely increase during the next several years” said Jeffrey Cubberley, Vice President of Lending of Webster First Federal Credit Union. During difficult times, creates opportunity on achieving the mission of credit unions, “People Helping People” as our team at Webster First believes there will be a continuing demand from young professionals and families within our community to refinance existing student loans to potentially reduce their monthly payments and simplify repayment options for members with multiple loans”
“CURevl is excited to partner with Webster First Federal Credit Union for education finance, said Greg Hagan, SVP of Sales at CURevl. “Our diverse offering of education finance products will enable them to make higher education more accessible and affordable to their members in refinancing current student loan debt.”
“Our commitment to our members and to the communities we serve, includes providing options to enable students to afford the cost of higher education” said Michael Lussier, President & CEO of Webster First Federal Credit Union. “CURevl has provided us with a simplified solution which complements our mission to assist our members and potential members, while adding value to our core member benefits. Higher education should be challenging, funding it should be simple and straight-forward.”
CU REVL LLC (CURevl) is a credit union service organization organized under the laws of Delaware, and based in Richardson, Texas. Our team of seasoned education finance professionals are dedicated to connecting students and families to credit unions for one purpose: providing student loan solutions that save time and money. For more information please visit curevl.com.
About Webster First Federal Credit Union Serving our local communities since 1928, Webster First is a $1.1 billion financial institution, ranking among the largest credit unions operating in Massachusetts today. Despite a tough economic climate, we have remained strong and continued to grow. At Webster First, we make giving back a priority, because we do not just work here, we live here, too. That is why we strive to support our local communities via charitable contributions and other forms of giving back. If you are looking for a financial institution that can pull its weight, turn to one with a little more strength. For information, please visit www.websterfirst.com