Cology Adds Student Loan Servicing to its Volta Platform



Similar documents
QBT - Making business travel simple

AMWA Chapter Subgroups on LinkedIn Guidance for Subgroup Managers and Chapter Leaders, updated

By offering the Study Abroad Scholarship, we hope to make your study abroad experience much more affordable!

Considerations for Success in Workflow Automation. Automating Workflows with KwikTag by ImageTag

Mobile Workforce. Improving Productivity, Improving Profitability

(DRAFT) WISHIN DIRECT MARKETING PLAN Prepared by Kim Johnston June, 2011

March 1, VIA to

TAKING OWNERSHIP OF HEALTH CARE

Cross Agency Priority Goal Quarterly Progress Update

Build the cloud OpenStack Installation & Configuration Integration with existing tools and processes Cloud Migration

COE: Hybrid Course Request for Proposals. The goals of the College of Education Hybrid Course Funding Program are:

RFP Announcement. 5th ANNUAL United Way Youth Venture Seed Grant Competition. Available Grants. Dream It. Do It. Complete your application today!

MANITOBA SECURITIES COMMISSION STRATEGIC PLAN

Conversations of Performance Management

BACKGROUNDER. HP Enterprise Business

Succession Planning & Leadership Development: Your Utility s Bridge to the Future

CTF-ENDORSED NF CLINICS: PRINCIPLES OF OPERATION

The Importance of Market Research

How to put together a Workforce Development Fund (WDF) claim 2015/16

Meeting Minutes for January 17, 2013

Advertising, Media, & PR Website Design and Online Marketing Agency SEO Services PPC Marketing Marketing

Wells Fargo Works for Small Business : Diverse Community Capital

Online Learning Portal best practices guide

Strategic Goal 2. Timely, Accurate, and Responsive Customer Service U.S. OFFICE OF PERSONNEL MANAGEMENT RECRUIT, RETAIN, AND HONOR

Research Report. Abstract: The Emerging Intersection Between Big Data and Security Analytics. November 2012

Gartner Magic Quadrant Salesforce Automation 2009

Profile. The Challenge. Implementation Overview

THE MAKE IT WORK CAMPAIGN S POLICY PROPOSAL ON CAREGIVING: CHILD CARE, EARLY EDUCATION, AFTER SCHOOL CARE AND LONG-TERM CARE

Talking Bout. a Revolution 100% 110% 120% 90% 80% 70% 130% 140%

Implementing an electronic document and records management system using SharePoint 7

Licensing the Core Client Access License (CAL) Suite and Enterprise CAL Suite

NHPCO Guidelines for Using CAHPS Hospice Survey Results

Zimbra Professional Services Portfolio, Purchasing Guide & Price List

White Paper for Mobile Workforce Management and Monitoring Copyright 2014 by Patrol-IT Inc.

Thinking Different About Alternative Financing Options

Best Practices on Monitoring Hotel Review Sites By Max Starkov and Mariana Mechoso Safer

Policy on Free and Open-source Software. Government Policy of Iceland

Baltimore County Retired School Personnel Association, Inc. P. O. Box Nottingham, MD

Serving the Underserved: Initiatives to Broaden Access to the Financial Mainstream. Thursday, June 26, A.M.

Transitioning from Virtual. Gateway Health Applications to ACA: MTF. Commonwealth of Massachusetts. Commonwealth of Massachusetts January 2014

The Importance Advanced Data Collection System Maintenance. Berry Drijsen Global Service Business Manager. knowledge to shape your future

Cloud Services Frequently Asked Questions FAQ

Oakland County Department of Information Technology Project Scope and Approach

Onex Solutions Private Limited (Onex Solutions) is a one stop shop for all your marketing needs!!

DIGITAL MARKETING STRATEGY CHECKLIST

South Dakota State Library (SDSL) School Library Integrated Library Systems White Paper. April 2014

Basic concept of Cloud computing

Ritter Communications to Acquire Millington Telephone and Millington Cable Companies

Vision and Draft Findings

NORTH CAROLINA STEM TEACHER EDUCATION PROGRAM (NC STEP) PROGRAM OF STUDY

HIPAA 5010 Implementation FAQs for Health Care Professionals

366 Degrees Gaining Extra Degrees of Success

Frequently Asked Questions

Delivering Business Value Through IT Cost Transparency Using IT CMF

Feature Guide. Virto Commerce Platform

ITIL Service Offerings & Agreement (SOA) Certification Program - 5 Days

A Quick Read on the State of Small Business and the Small Business Success Index 2009 Baseline Study of Small Business Success

Digital Signage Proposal Prepared For:

The Cost of Not Nurturing Leads

Network Security Trends in the Era of Cloud and Mobile Computing

Southeast Michigan Disaster Recovery Talking Points

Frequently Asked Questions: CMMI Data Collection

Cross Agency Priority Goal Quarterly Progress Update

IN-HOUSE OR OUTSOURCED BILLING

WEB APPLICATION SECURITY TESTING

Strategic Plan

Software and Hardware Change Management Policy for CDes Computer Labs

Dec Transportation Management System. An Alternative Traffic Solution for the Logistics Professionals

New Chip Card Technology Released Across the U.S.

Transcription:

Clgy Adds Student Lan Servicing t its Vlta Platfrm Cmpany News January 4th, 2011 dit Unin Student Lan Additinal Service Cmes as Clgy Surpasses its $1 Billin Private Lan Originatin Milestne Scttsdale, Ariz. January 4, 2011 Clgy, Inc., the student lan technlgy and prcessing experts, annunced tday the integratin f a cmplete lan-servicing mdule t its existing Vlta( TM ) cre prcessing system. Beginning in April 2011, Clgy will ffer lenders and clients the ability t chse private labeled lan riginatin, servicing, r a cmbinatin f bth ptins t ensure a seamless lan prcess. Expanding Vlta t ffer life-f-lan servicing was a natural evlutin f ur cre prcessing system and it s the perfect cmplement t ur industry-leading lan riginatin slutin, which has allwed mre new lenders and resurce prviders t serve their members than anyne in the marketplace, said Paul Rehnberg, CEO f Clgy. The life-f-lan servicing prvides unmatched prgram flexibility, cmprehensive branding attributes and the end-t-end riginatin capabilities necessary t ensure an exceptinal lender and brrwer relatinship. The servicing slutin cmes as the result f a cmprehensive technlgy develpment initiative at Clgy, which included the acquisitin, custm enhancement and integratin f private lan servicing sftware t wrk within the Vlta TM platfrm. The intrductin f lan servicing t Clgy s cre prcessing system prvides lenders f all types the ability t enter the market easily and maintain the clsest pssible relatinship with their custmers and members. Like all f Clgy s technlgy, the new servicing slutin will be available t perate in-huse, by ASP remte license, r utsurced utilizing their veteran team f back-ffice lan prcessing experts. Abut Clgy, Inc. Clgy prvides end-t-end technlgy and cre prcessing slutins fr lenders. Vlta, the cmpany s universal cre prcessing system, is the technlgy which supprts mre than 200 f the natin s resurce prviders in the educatin finance market tday. The platfrm s highly custmized client branding features, expansive lan, tuitin payment, dnr and peer prduct suite and back ffice lan prcessing experts make 1 Frm www2.clgy.cm/clgy-adds-student-lan-servicing-t-its-vlta -platfrm/ 7 March 2011

entering the market fast, efficient and easy. Fr additinal infrmatin n hw t becme a lending resurce fr students r t learn mre abut the cmpany visit: www.clgy.cm. ### All registered r unregistered trademarks are the sle prperty f their respective wners. 2 Frm www2.clgy.cm/clgy-adds-student-lan-servicing-t-its-vlta -platfrm/ 7 March 2011

Citizens Equity First Credit Unin Partners with CU Campus Resurces Industry News January 4th, 2011 ent lans January 4, 2011 Madisn, WI CU Campus Resurces is pleased t annunce a new partnership with Citizens Equity First Credit Unin (CEFCU). Thrugh this partnership, CEFCU will nw ffer private educatin lans t its members. Private Student Lans are a useful alternative fr cllege students wh have exhausted the funds frm their federal student lan packages, but still need mney fr schl. We re very excited t partner with CEFCU and prvide the resurces they need t ffer Private Student Lans t their members, said Mike Lng, EVP and Chief Operatins Officer at CU Campus Resurces. Because they are utilizing this prgram, CEFCU s student members will nw be able t take advantage f this affrdable ptin t achieve their educatinal gals. CEFCU members that are attending any 4-year public r private university r ne f ver 30 2-year clleges that are within CEFCU s branch gegraphic requirements will be able t utilize CEFCU fr Private Student Lans. Mary Cnrady, CEFCU Vice President, said, Ever-rising cllege csts are making it extremely difficult fr tday s yuth t achieve their educatin gals. That is why CEFCU is pleased t ffer this lw-cst ptin fr students in need f additinal financing. The Credit Unin has partnered with CU Campus Resurces t prvide private educatin lans t members wh d nt have ther funding available, in rder t ensure that members educatin gals remain affrdable and btainable. CU Campus Resurces uses industry-leading technlgy t prvide the cre prcessing system and expert back-ffice supprt fr the prgram. CU Campus Resurces ffers a cmplete suite f private educatin lan prducts and services that participating credit unins can make available t their members. The prgram ffers turn-key slutins that can be custmized t a credit unin s unique member attributes and cllege campuses they serve. Abut CU Campus Resurces CU Campus Resurces prvides custmized student lan services and campus relatinship advisry t credit unins. CU Campus Resurces is a Credit Unin Service 3 Frm www2.clgy.cm/5-new-services-credit-unins-are-ffering/march 2011

Organizatin (CUSO) whlly wned by UW Credit Unin. UW Credit Unin has been active in student lending fr ver 40 years and has well-established relatinships with UW System Schls. Its current educatin lan prtfli stands at almst $400 millin. Abut CEFCU With assets ttaling ver $4.4 billin, CEFCU serves 275,000 members thrugh 19 Central Illinis Member Centers; Valley Credit Unin, a divisin f CEFCU; the CEFCU Financial Center; the Mney Center 24 ATM Netwrk; CEFCU s website, cefcu.cm; and cefcu.mbi. Abut UW Credit Unin UW Credit Unin is a grwing, federally insured financial institutin and a leading prvider f a full range f financial services t University f Wiscnsin cmmunities. UW Credit Unin s 365 emplyees serve the financial needs f mre than 154,000 members thrugh wrld-class technlgy systems, and thrugh a cnvenient netwrk f 17 branch lcatins and 93 ATMs. With assets ttaling mre than $1 billin, UW Credit Unin is ranked natinally amng the leading credit unins. Funded ver 75 years ag by members f the University f Wiscnsin cmmunity, UW Credit Unin cntinues t perate as a nt-fr-prfit, member-wned financial cperative with lcatins in the Madisn, Milwaukee, Stevens Pint, Green Bay and Whitewater areas. Visit UW Credit Unin at uwcu.rg t learn mre. Sherry Nelsn, Directr f Operatins 877.369.6890, ext. 2565 snelsn@cucampusresurces.cm 4 Frm www2.clgy.cm/5-new-services-credit-unins-are-ffering/march 2011

5 new services Credit Unins are ffering Matter December 29th, 2010 dit Unin Student Lending: Since it launched in May 2008, the Credit Unin Student Chice service rganizatin has grwn frm seven credit unin partners ffering student lans t 165, accrding t Mike Weber, the rganizatin s vice president f marketing. S far in the 2010-2011 academic year, participating credit unins have riginated mre than $210 millin in lans, cmpared t a ttal f apprximately $158 millin fr 2009-2010. Weber says the big jump in annual lan riginatins wes mainly t the spike in the number f affiliated credit unins. After the U.S. gvernment tk ver prcessing f all federally backed student lans, the industry had t change hw it apprached cllege lans. But Fagan says cnsumer adptin f credit unin student lans has been strng. When banks started shutting dwn sme f their lending practices, (student) lans were a natural fit fr credit unins as they tried t get that next-generatin cnsumer t jin, he says. 5 Frmwww2.clgy.cm/5-new-services-credit-unins-are-ffering/ 7 March 2011

Cmplete End-t-End Lan Originatin and Servicing Slutins at Yur Fingertips Fr mre than 20 years, Clgy s technlgists have been leaders in the design and develpment f student lan slutins. These scientists pineered the first electrnic signature, nline applicatin prcessing, and integrated custmer management services. Enugh abut ur credentials. At the end f the day, ur slutins nly wrk, if they wrk fr ur clients. Frm lan riginatin t servicing and everything in between. When it cmes t higher edcuatin technlgy we have smething fr yu: Design Yur Prgram The team f student lan experts at Clgy can help yu create the perfect private lan fr yur rganizatin, and build lng-term value fr yur members. The ptins are numerus and the prcess is easy. Let us shw yu hw. [see fllwing] Referral Prgrams Referral prgrams that give yu the pprtunity t ffer private student lans withut requiring yur balance sheet Turn-Key Prgrams Turn-Key prgrams that allw yu t enter the market quickly, with all the necessary applicatin, credit, pricing and terms defined Custm Prgrams Custm prgrams that can be cmpletely tailred t meet the needs f yur rganizatin and its members Then, we ll make every detail f yur implementatin is smth and seamless n time and n target! Implementatin specialists that will help yu launch the prgram successfully 6 Frm tuitinu.cm// 7 March 2011

Technical and business cnsultants t answer yur questins thrughut the prcess Sample dcuments and prgram manuals t help yu develp yur prduct A dedicated client manager t make sure yur Clgy experience is exceptinal, always Chse Yur Prcess: With Clgy s end-t-end cre prcessing system and veteran lan prcessing staff, the hmewrk and hard wrk is already dne! In-huse r utsurced it s yur prcess and yur decisin. See hw it can wrk fr yu. [see fllwing] Industry Veterans, Prven Technlgy Lan technlgy Fr mre than 20 years, Clgy s technlgists have been leaders in the design and develpment f student lan slutins. These scientists pineered the first electrnic signature, nline applicatin prcessing, and integrated custmer management services. Tday, that innvatin is available t ur clients thrugh Vlta, ur flagship cre prcessing system. Enugh abut ur credentials. At the end f the day, ur slutins nly wrk, if they wrk fr yu. Vlta lets yu chse a prcess that fits best with yur rganizatin and its members. Yu can utilize it in-huse by ASP remte license, utsurce t ur team f back ffice prcessing experts, r even chse a custm hybrid slutin smewhere in-between. N matter what yu chse, its seamless integratin with schls, students and service prviders gives yu the ability t manage yur brand, message and identity thrugh the entire custmer experience f yur members. Yur slutin. Yur way. That s the Clgy advantage! Custm lan types n prblem Prprietary underwriting criteria we ve gt it cvered Tailred lan prgram cmpnents whatever yu need User-friendly applicatin, riginatin, disbursement and servicing interfaces abslutely Autmated and user-generated reprting functinality like nbdy in the business 7 Frm tuitinu.cm// 7 March 2011

Schl certificatin prcess yep, we re interfaced with thusands f schls Flexibility, respnsiveness and speed t market the quality yur members deserve Grw Yur Business: Whether yu re an existing lender r new t the market, Clgy can help cnnect yu with thusands f clleges natinwide. We make it easy t prmte yur prducts and services t parents and students thrugh ur n-line private lan marketplace and resurce center. Take a lk. Ls [see fllwing] On-Line Tls fr Students, Parents, and Lenders Nw that yu have a new private lan up and running, it s time t cnsider just hw yu want t prmte it. Whether yu have ffered student lans frever, r are entering the market fr the first time tw things are certain a successful prgram needs t wrk within the lng-established cllege financial aid prcesses, and it has t be easy fr yur members and custmers t find and understand! That s where Clgy can help. TuitinU, ur n-line resurce center makes it easy fr schls t d business with yu and yur members. It als gives parents and students an pen, unbiased marketplace, t identify, cmpare, chse and apply fr yur private student lan! Schls can create a custm prtal, t imprve the cmmunicatin prcess with students, and manage the applicatin, certificatin and disbursement f a students private lans with lenders Parents and students can access financial planning and lan cmparisn tls, track applicatin and apprval prcesses, create their wn fundraising campaigns, and even find and qualify fr brrwer-specific dnr and spnsr resurces available Lenders can utilize the resurce center t create a unique custmer experience fr their members, interface with lng-established schl applicatin and certificatin prcesses, and access a cmplete suite f reprting, tracking and prtfli management tls 8 Frm tuitinu.cm// 7 March 2011

With TuitinU, everybdy wins. Find ut hw yu can be part f the best n-line resurce center and private lans mark 9 Frm tuitinu.cm// 7 March 2011

10 7 March 2011 Frm hwww2.clgy.cm/tuitinu-t-ffer-bridgespan-financial%e2%80%99s-higher-ed-lan-repaymentprtectin/