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Student Loans

 

November 12, 2009

 

1st Community has discontinued funding new Student or Parent Loans through the Federal Student Loan Program. 

We will complete our commitment for funding loans for the 2009-2010 school year - by this we mean if we funded a loan for the Fall Semester we will fund a loan for the Spring Semester.  Recent changes in the student loan program have made it difficult for us to continue offering this service. 

We regret that we had to make this decision and we want you to know that we can still provide private loans for education, however, the loan payments will not be able to be deferred as they are with the Federal Student Loan.

 


Your deposits are federally insured up to $100,000 by the National Credit Union Administration (NCUA),

a U. S. Government Agency.  IRAs insured separately.