LIVERMORE, Calif.–OE Federal Credit Union said it has selected CU Student Choice to provide it with a student loan refinance solution.
The $1.5-billion OEFCU said it will be adding an education line of credit for undergraduate students in the future.
“OE Federal is the country’s largest labor-based credit union, and we have been committed to serving union workers and their families since 1964,” OEFCU CLO Gabriel Ybarrolaza said in a statement. “Our members work hard, and OE Federal is proud to offer a student loan refinance solution that works for them. By refinancing, members can better manage their student loan repayment and potentially save some of their hard-earned money.”
Student Choice said its refinance product allows borrowers to consolidate and refinance private and/or federal student loans, including PLUS loans from the federal government.
Helping Families
“Student Choice was founded to help middle- and working-class families responsibly cover the rising costs of higher education,” Student Choice President and CEO Scott Patterson said in a statement. “Credit unions like OE Federal are a perfect match for this mission. At a time when families are seeing their cost of living increase across the board, refinancing student loans can be a great way to lower payments or pay off loans sooner.”
For info: studentchoicelending.com.
