A pair of CUSOs said their collaboration in digitally providingstudent loan documentation is now in place at 200 creditunions.

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Credit Union Student Choice in Washington, D.C., uses theidocVAULT technology from eDOC Innovations of Middlebury, Vt., andMidway, Utah, to electronically distribute the processingdocuments.

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Credit unions using the service make school-certified privateloans that they then hold on their own books. The 3-year-old CUSOsaid it now has funded more than $400 million in loans for about30,000 students.

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The newest participants include the $2 billion Bellco CU inGreenwood, Village, Colo., the $996 Empower FCU in Syracuse, N.Y.,the $624 million San Mateo CU in Redwood City, Calif., and the $665million Purdue Employees FCU in West Lafayette, Ind.

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“Adding these dynamic credit unions to our growing client rosterunderscores the opportunity in helping students and familiesachieve higher education goals,” says Jon Jeffreys, president ofCredit Union Student Choice, which is run by Callahan &Associates senior managers and includes about 40 credit unionsamong its owners.

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eDOCInnovations said it now provides e-signature, document imaging,remote deposit check processing and other services to more than 400credit unions.

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