Are you missing an important member growth opportunity?
Published by: Rich Mensah
December 13, 2023 | Industry Supporters
The decision to provide your members with a student loan product can be tough. On the one hand, you want to serve your members and help them achieve their educational goals, but student loans can prove risky, and you might not want to have those loans on your books.
As a result, the decision is often made to use a partner like Sallie Mae to fulfill your members’ needs, but does this help you attract and grow your membership? The answer is no in many cases. New Navatros partner, Sparrow, can help you attract younger members and earn income.
Sparrow is an online student loan and refinancing platform where borrowers can conduct a search for a loan from a national network of 17+ lenders to find the best rates and terms on a wide variety of student loan products. Adding Sparrow’s white-labeled student loan marketplace to your website takes just a few minutes, and no custom programming or complex integrations are required.
Check out the differences between Sparrow and Sallie Mae, and join us for a webinar on Jan. 5 to learn how your credit union can attract and retain Gen Z members, and earn non-interest revenue. Register today.
Navatros, formerly OCUL Services Company, provides credit unions and finance organizations with personalized business solutions. Through trusted service and advice, Navatros helps businesses solve challenges and achieve goals.
Contact Rich Mensah for questions or assistance.
