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The Cherry Hill, N.J., compant said it believes it can crossa sell its ATM products with the new loanprocessingf services. President and CEO Richard Stern said the companyt has hiredKen Buren, the founder and former president of Rutgerss Federal Credit Union, to head the student loan which will offer a platform for credif unions and small regional banka to provide private student loan s to their members and customers. It will be offeredf through TRM subsidiary Accessto Money-SL Inc. as an outsourcedx solution to thesefinancial institutions.
The systemn will electronically accept loan gatherfinancial information, deliver loan documents and certify loan s with university financial aid officed enabling customers to deliver preliminary approvals of studeny loan applications. TRM (OTCBB:TRMM) is a consume r services company that provides convenience ATM servicesin high-traffic consumer environments.
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