Sparrow and Catholic and Community Credit Union Join Forces to Fast-Track Gen Z Membership Growth through Innovative Student Loan Solutions

Author
Daniel Kahn
Daniel Kahn
author
Daniel is the co-founder and COO at Sparrow. Daniel is responsible for the day-to-day operations of a company, working closely with other members of the executive team to develop and implement strategies to support the growth and success of the company.
Daniel was a 2023 Forbes 30 Under 30 lister in the Education category.  Daniel was born and raised in Raleigh, North Carolina and graduated from Duke University in 2020.
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Edited by
Camden Ford
Camden Ford
editor

Camden leads Sparrow’s business operations – everything from product management to business analytics. After graduating Cum Laude from Duke University where he studied Civil Engineering, Camden worked as a Consultant for A.T. Kearney where he worked in their Strategic Operations practice. With a strong background in analytics, Camden strives to deliver data-driven conclusions and insights.

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Reviewed by
Harrison Hochman
Harrison Hochman
reviewer

Harrison Hochman is the co-founder and CEO of Sparrow, one of the nation’s fastest growing student lending platforms. As the CEO of Sparrow, his goal is to bring simplicity, choice, and transparency to an otherwise inefficient and opaque lending process.

In 2022, Forbes honored Hochman with inclusion on their exclusive “30 Under 30” list. Recognized as one of eleven young global leaders by the esteemed Straubel Foundation, his impact extends beyond entrepreneurship to STEM and Societal Sustainability. Harrison holds a bachelor’s and master’s degree from Stanford University and currently resides in New York City.

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Updated
December 4, 2023

Catholic and Community Credit Union Partners with Sparrow to Ignite Gen Z Financial Engagement

NEW YORK – December 4, 2023Sparrow, a pioneering fintech serving the credit union movement, proudly announces a game-changing collaboration with Catholic and Community Credit Union, a dedicated financial institution committed to community service. This collaborative partnership represents a strategic milestone, signaling Catholic and Community Credit Union’s proactive leap into a future of accelerated Gen Z membership growth by harnessing the innovative solutions provided by Sparrow’s cutting-edge student loan marketplace.

At Catholic and Community Credit Union, we recognize the imperative of engaging with the next generation, and partnering with Sparrow is our dynamic response to this need. This collaboration positions us to propel membership growth among Gen Z by offering innovative student loan solutions. Sparrow’s platform is the catalyst that will not only attract but also retain the younger demographic, establishing us as a leading financial institution for the future.

Ken Bossung, President & Chief Executive Officer of Catholic and Community Credit Union

Revolutionizing Gen Z Engagement with Data-Driven Solutions

Catholic and Community Credit Union is strategically using Sparrow’s innovative platform to redefine its approach to Gen Z engagement. By adopting Sparrow’s white-labeled student loan marketplace, the credit union gains a unique advantage, accessing a diverse network of reputable lenders and offering a broad spectrum of loan options. This strategic move is aimed at not only meeting the financial needs of Gen Z members but also fostering a lasting relationship.

We are thrilled to partner with Catholic and Community Credit Union, an institution that shares our vision for a dynamic and engaged financial future. Together, we are set to revolutionize how credit unions attract and serve the Gen Z demographic. Sparrow’s platform provides the tools and expertise needed to accelerate membership growth, and we are excited to be at the forefront of this transformative journey.

Harrison Hochman, Chief Executive Officer at Sparrow

Strategic Features to Propel Membership Acceleration

In anticipation of this partnership, Catholic and Community Credit Union’s student loan marketplace will introduce advanced features and functionalities designed to accelerate Gen Z membership:

  • Access to 250+ unique data attributes per non-member, enabling highly personalized financial solutions.
  • A competitive average payout (of non-interest income) per funded student loan, adding an enticing dimension to membership benefits.
  • Over 25 turnkey marketing resources strategically designed to streamline cross-selling and drive Gen Z member engagement.

About Sparrow

Sparrow, one of the fastest growing student student lending platforms in the U.S., offers solutions to borrowers and businesses. Borrowers use Sparrow to search and compare real student loan rates through a single form, bringing simplicity, choice, and transparency to an otherwise inefficient and opaque lending process. Credit unions use Sparrow to accelerate Gen Z membership, engagement, and retention. Founded by students for students, Sparrow’s mission is to make education accessible and affordable for all. Learn more at www.sparrowfi.com and follow us on LinkedIn.

About Catholic and Community Credit Union

Catholic and Community Credit Union is a $192M community financial institution in Shiloh, Illinois proudly serving 14,000+ loyal members. Learn more at www.catholicandcommunitycu.org. Deposits insured by the NCUA, an agency of the US government.

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