ATM Provider TRM To Service Student Loans For CUs

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CHERRY HILL, N.J. – ATM Corp., the copier provider-turned ATM company said yesterday it is will now offer student loan service to credit unions.

The new service, which will be headed by Ken Buren, the founder and former president of Rutgers FCU, will be offered through the company's wholly owned subsidiary Access to Money-SL, Inc.

TRM, which once provided more than 6,000 ATMs to the credit union-owned CO-OP Financial Services network, will electronically accept loan applications, gather financial information, deliver loan documents and certify loans with university financial aid offices allowing credit unions and banks to deliver quick preliminary approvals of these student loan applications.


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