LOS ANGELES – Several credit unions have received high marks from the U.S. Department of Education for their student loan programs. USC Credit Union was ranked as the nation's 57th largest Federal Family Education Loan Program (FFELP) loan originator with $86.9 million in guaranteed loans, up from last year's $65.9 million. USC CU also retains its crown as the largest credit union student loan originator in the nation, according to the DOE. University FCU in Austin, Texas, earned a 67th place ranking with $61.4 million in guaranteed loans. Other credit unions earning high marks were Navy FCU, ranked 92 with $41 million in loans; Security Service FCU in San Antonio, ranked 93rd with $40 million and America First CU in Riverdale, Utah, entering the ranking for the first time at the 99th spot with $31 million in loans. Bank One Financial Education Group held on to the top spot for 2003 with more than $3 billion in guaranteed loans last year, according to DOE.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.