Friday October 9th, 2015 6:30AM

Dawsonville bank pledges support to student loan program

By Ken Stanford Reporter
WASHINGTON - First Citizens Bank of Georgia in Dawsonville is the latest member bank of the Independent Community Bankers of America (ICBA) to commit loan funding to the iHELP private student loan program. First Citizens Bank of Georgia will also join iHELP as the originating lender for the state of Georgia.

"Community banks are always tuned in to the needs of their local customers, and ICBA is pleased that the First Citizens Bank of Georgia has committed itself to meeting the needs of local students through the iHELP private student loan program," said Dan Clancy, ICBA executive vice president of services.  "This program provides additional funding for tuition costs after other aid has been exhausted, ensuring that deserving students are able to attain a higher education."

iHELP, which was rolled out in the first quarter of 2010, is described as "a simple, transparent and low-cost" private lending program that is offered through local community banks to help their customers achieve their higher-education goals. iHELP was initially launched in South Dakota, home of the program s administrator, the Student Loan Finance Corporation (SLFC), which provides ICBA community bank members with turnkey loan origination and servicing support for the program, and ReliaMax Surety, a South Dakota domiciled insurance company providing insurance for iHELP loans. The iHELP program is now being rolled out nationwide.

"The response from schools and students in these states has been very positive, said William McDaniel," chairman of the Community Bank of Raymore and the ICBA Bank Services Committee.  "We expect to have a successful inaugural year and thank community banks like First Citizens Bank of Georgia for supporting the valued iHELP program."

iHELP will hit its first full lending cycle this July through September and has 10 states processing loans for the current academic year. These states include South Dakota, Nebraska, Minnesota, Iowa, Wisconsin, Illinois, Pennsylvania, Louisiana, Georgia and Colorado.

"First Citizens Bank of Georgia is excited to join iHELP so we can offer this loan program to help our local customers and communities throughout Georgia," said William Wade, senior vice president of First Citizens Bank of Georgia.  "iHELP will allow us to meet our customers educational funding needs locally a strength of America s community banks. As a true community bank, we believe education is one of the key components to enhancing the long-term economic development of Georgia. We will be able to help other ICBA member banks attain the same goal in their communities through participation agreements. We are happy to begin working as both an originating and participating bank of this worthwhile program."

For more information about the iHELP private student loan program, contact Ann Anderson (303) 621-2533 or
© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Retired Georgia Power exec dies
Retired Georgia Power executive and Gainesville civic leader Miller Watkins, Jr. has died.
1:25PM ( 3 years ago )
'Over the top' for a Gainesville bank
A Gainesville bank president got a surprise Friday morning as the bank celebrated a successful capital campaign for 2011.
11:56AM ( 3 years ago )
Meeting to examine N. Gwinnett transportation, land use, urban design
The Gwinnett Place Community Improvement District (CID) plans an open house next month on its Gwinnett Livable Centers Initiative (LCI).
7:08AM ( 3 years ago )
Business News
Scores turn out to welcome 2012 in Cornelia
Scores of people turned out in Cornelia to ring in the new year at the eighth-annual Apple Drop.
11:58PM ( 3 years ago )
Female motorist takes intruder on wild ride
Police in Savannah say a woman who found a masked, armed man in the backseat of her car as she was leaving work took the uninvited passenger on a wild ride before crashing her vehicle.
10:59PM ( 3 years ago )
One dead after SUV is hit by State Patrol in Atlanta
Police say a 54-year-old Loganville woman has died and three others traveling with her were injured when their sport utility vehicle was struck by a Georgia State Patrol cruiser at an Atlanta intersection.
10:52PM ( 3 years ago )
Local/State News
Pilot killed in Pickens County plane crash
Authorities say one person is dead after a small airplane crashed in Pickens County.
By Associated Press
5:52AM ( 38 minutes ago )
Isakson, Perdue attack part of bill they say sides with Ala. in water wars
Georgia Senators Johnny Isakson and David Perdue Thursday urged Senate leaders to remove language in the Energy and Water appropriations bill they say is a direct attack on Georgia in its ongoing water dispute with Alabama.
By AccessWDUN staff
6:56PM ( 11 hours ago )
D.A.: Moran gets life without parole in Gainesville taxi driver murder
A Gainesville woman was sentenced to life in prison without parole Thursday in murder of a Gainesville taxi driver earlier this year.
2:34PM ( 15 hours ago )
Rehabilitative Industries of Northeast Georgia ring-in month-long awareness celebration
Thursday morning area civic and business leaders joined RING staff members at their Athens Street headquarters to celebrate National Disability Employment Awareness Month.
12:22PM ( 18 hours ago )
Gainesville Police investigate reported robbery
Gainesville Police are investigating what was reported as a robbery in the parking lot of an Athens Street business Wednesday afternoon.
12:18PM ( 18 hours ago )