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The Cherry Hill, N.J., companyg said it believes it can cross sell its ATM productas with the new loan processing President and CEO Richard Stern said the company has hiredrKen Buren, the founder and former president of Rutgersd Federal Credit Union, to head the student loan which will offer a platform for credit union and small regional banks to provides private student loans to theier members and customers. It will be offereed through TRM subsidiary Accessto Money-SL Inc. as an outsourcesd solution to thesefinancial institutions.
The system will electronically accepyloan applications, gather financial information, deliver loan documents and certifh loans with university financial aid offices enablin g customers to deliver preliminary approvals of studeny loan applications. TRM (OTCBB:TRMM) is a consumer servicez company that provides convenience ATM servicesin high-traffid consumer environments.
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