WORCESTER, Mass.—Webster First FCU here has joined CU REVL LLC 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 Richardson, Texas-based credit union service organization said.
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 at Webster First. “Difficult times create the opportunity to achieve 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.”
“CURevl is excited to partner with Webster First Federal Credit Union for education finance,” added 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.”
‘Simplified Solution’
“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 and CEO of Webster First. “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.”
For additional information on the program and CURevl, visit curevl.com.