2009 NACUSO Collaboration & Innovation Award Winners

Credit Union Student Choice and TMG Financial Services Take Top Honors

CUSO Financial Services Receives Honorable Mention

Don Clark, Tom Davis, Judy Sandberg & Jeff Russell

The announcement of the 2009 NACUSO Collaboration and Innovation Award winners was made official during a General Session special awards presentation at the NACUSO 2009 Annual Conference in Las Vegas on May 4. The 2009 NACUSO Collaboration and Innovation Award winners were Credit Union Student Choice and TMG Financial Services. CUSO Financial Services received honorable mention. The purpose of the Awards is to recognize CUSOs from across the nation who demonstrate collaboration and innovation to help create a strong and vibrant credit union industry.

Tom Davis, Judy Sandberg & Jon Jeffreys

Jon Jeffreys, President, accepted the award for Credit Union Student Choice, a collaboration between credit unions, various CUSOs, and Callahan & Associates located in Washington D.C. This CUSO offers a wide-variety of services which allows credit unions to offer certified private student loans and hold them on their own balance sheet without adding any additional staff. Services include regulatory compliance, risk management, loan processing and servicing, guarantor relationship, web application and approval, and 24×7 call center operations. Since launching in May 2008, Student Choice has partnered with more than 50 credit unions approving nearly $50 million in private student loans and helping more than 2,500 students attend the college of their choice.
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