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Student Products

The Smart Option Student Loan® for Emerald Credit Union by Sallie Mae®

For borrowers attending degree-granting institutions.

Now you can pay college the smart way with three great repayment options and competitive interest rates!

The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.  To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates, providing even more flexibility
  • No origination fees and no prepayment penalty
  • Benefits and an interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify
  • 100% US-based Student Loan Specialists

To learn more, please get started here.

The underwriting and funds for the Smart Option Student Loan® by Sallie Mae are not granted by Emerald Credit Union.  This product is offered in partnership with Sallie Mae on a referral basis.

Student Banking:

Student Banking is provided in many of the schools within our six affiliated local school districts. This program allows young members to make deposits into their Youth Savings Accounts right at school.  It provides a means for understanding the importance of saving at a basic level, and it’s fun for your students too.  Youth Savings Accounts begin earning dividends with a minimum average daily balance of just $50.00.


Each year, Emerald Credit Union selects up to two area high school graduates to be awarded with scholarships intended to aid with college expenses.  We also proudly participate in the Greater Cleveland CU Outreach Alliance Scholarship Program, presented by the Ohio Credit Union League.

Ohio Credit Union Foundation Video Scholarship:
Ohio Credit Union Foundation presents Annual Video Scholarship. Win $5000 towards college.

The Ohio Credit Union Foundation believes in lifting up our student members who are moving on to higher education through its annual video scholarship.  Students may submit a short video for the chance to win $5,000 towards college.  Applications are being accepted beginning Thursday, February 1, 2018 through Monday, April 30, 2018, and we want you to play a role in promoting this substantial scholarship to our members.

To qualify for the video scholarship, student applicants must:
  • be at least a high school senior,
  • be a member of an Ohio credit union, and
  • plan to pursue an undergraduate degree during the 2018-2019 school year.

Applicants must create a 1 to 2 1/2 minute video answering the scholarship question: "If you ran your credit union, what initiatives, programs, and/or products would you implement to foster the philosophy of People Helping People?"

Video entries can be edgy, funny, bold, simple, serious, or anything in between.  Entries will be judged on accuracy of information presented, effectiveness in addressing the scholarship question, and originality.

Video entries must be submitted online via the Foundation’s website,, by 11:59:59 p.m. EDT Monday, April 30, 2018.  Video finalists, selected by a judging panel, will appear on the website and the scholarship winner will be announced May 31, 2018.  Please make sure to check out the Official Rules.