MINNEAPOLIS, April 2, 2015 /PRNewswire-USNewswire/ -- Thrivent Federal Credit Union, a not-for-profit financial cooperative, announces the launch of its suite of private student loan programs for families in search of competitive college financing solutions. Available products include fixed- and variable-rate education loans, in addition to a flexible line of credit option. Students and parents can make responsible financial decisions by choosing a program that meets their specific financial situation. These carefully designed student loan programs reflect a commitment to help families identify responsible college financing solutions.
"We're excited to bring our student loan solutions to current and prospective members and their families," said Todd Sipe, President and CEO of Thrivent Federal Credit Union. "These new programs reflect our mission to provide competitive solutions that promote responsible borrowing for life."
The loans are offered in conjunction with Thrivent Financial, a member-owned, Fortune 500 financial services organization with over a hundred years of historic strength and stability. Thrivent's focus is about helping members be wise with money and live generously.
Thrivent Federal Credit Union programs are currently available to students attending over 1,200 schools nationwide. The credit union utilizes industry-leading loan origination provider, Cology, to ensure that application, certification and disbursement processes follow the school's preferred financial aid flow. Joining Thrivent Federal Credit Union is easy and can be completed as part of the student loan application process. As a credit union member, students and families experience a new way of banking with a credit union that understands your faith may play a role in your financial decisions.
For additional information about the student loan programs, membership, or how your College/University can participate, please visit Thriventcu.com/studentloans or call 866-226-5225.
About Thrivent Federal Credit Union
As one of the largest faith-based credit unions in the United States, Thrivent Federal Credit Union offers a unique combination of financial expertise, shared values with its members and competitive products including checking and savings accounts, mortgages, consumer loans, Health Savings Accounts, and business lending and cash management. With approximately $500 million in assets, Thrivent Federal Credit Union is well positioned to help guide, support and inspire members to achieve financial well-being. For more information, visit Thriventcu.com.
Deposit and lending services are offered by Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans or its affiliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested. Must qualify for membership. Equal Housing Lender.
About Thrivent Financial
Thrivent Financial is a financial services organization that helps Christians be wise with money and live generously. As a membership organization, it offers its nearly 2.4 million member-owners a broad range of products, services and guidance from financial representatives nationwide. For more than a century it has helped members make wise money choices that reflect their values while providing them opportunities to demonstrate their generosity where they live, work and worship. For more information, visit Thrivent.com. You can also find us on Facebook and Twitter.
SOURCE Thrivent Financial for Lutherans