Campus Door terminated their contract with Charlie Mac effective Oct. 31, 2008. As of that date, Campus Door no longer will process any applications, but they will continue to fund all approved loans in their pipeline until Jan. 31, 2009.

The search for a new partner for the CU Student H.E.L.P. program is still in process. Another source has been identified and negotiations have been very productive and promising. As details become available, we certainly will pass them on to you. There will be a slight disruption in the CU Student H.E.L.P. program as contracts are negotiated and executed, but we are very hopeful this partnership will come to fruition in the next few months.

CU Student H.E.L.P. is a program that belongs to the credit union community. The CU Student H.E.L.P. trademark always will be associated with the Corporate Credit Union Network, natural-person credit unions and Charlie Mac, regardless of the new entity we partner with going forward.