CUNA and Fynanz Announce Collaboration to Provide College Planning Resources to Credit Union Families

Credit union trade association and leading private student lending platform combine financial literacy efforts toward higher-education financing

News provided by

Fynanz, Inc.

Feb 28, 2011, 03:00 ET

WASHINGTON, Feb. 28, 2011 /PRNewswire/ -- Credit Union National Association (CUNA) and Fynanz, Inc. today announced a joint program to provide credit union families with financial literacy materials surrounding college planning. The new effort expands the existing alliance between Fynanz and CUNA Strategic Services.

The program, which will be made available to CUNA's onlineEDGE subscribers, provides expert insight on higher education, including how to plan college visits, school selection, choosing a major and navigating the college financing process. This content is developed and maintained by Ken O'Connor, a 10-year veteran of the financial aid industry and current Director of Student Advocacy at cuStudentLoans.org.

"Today credit union members are faced with difficult decisions on how to meet their family's higher-education goals," said Mark Condon, SVP of Business & Consumer Publishing for CUNA. "The ability to provide members an expert voice in the decision-making process through Fynanz is important to the entire credit union industry."

"Leveraging the strength of Fynanz' higher-education content and CUNA's distribution platforms provides the ability to maximize the exposure of education planning content to credit union members nationally," said Vince Passione, CEO and Founder of Fynanz.

About Fynanz

Fynanz, Inc. is a leading technology provider of custom private student lending programs and turn-key solutions. Fynanz pioneered innovative technology that easily puts lenders into the private student lending business without the need to purchase or install any software. This end-to-end integrated solution includes complete origination, underwriting, servicing and marketing. Fynanz also powers cuStudentLoans.org, the leading private student lending marketplace, and currently serves more than 100 credit unions across the country. For more information, call (800) 881-8985, or visit www.fynanz.com.

About Credit Union National Association

CUNA (Credit Union National Association), based in Washington, D.C., and Madison, Wisconsin, is the premier national trade association serving America's credit unions. The not-for-profit trade group is governed by volunteer directors who are elected by their credit union peers.

In partnership with state credit union leagues, CUNA provides many services to credit unions, including representation, information, public relations, continuing professional education, and business development.

CUNA also works with related organizations to provide products and services to credit unions. CUNA Strategic Services (CSS) partners with league service corporations to offer products, services, and technology that credit unions need to compete in the modern financial market.