+ LR-Icons

Association of Black Cardiologists Brings on Laurel Road as Exclusive Partner for Member Student Loan Benefits

Press Release

Published October 15, 2020

New partnership will provide student loan refinancing benefits and financial education tools to ABC members.

New York, NY — October 15, 2020Laurel Road, a digital lending platform and brand of KeyBank, is teaming up with the Association of Black Cardiologists (ABC), a nonprofit organization dedicated to eliminating the disparities related to cardiovascular disease in all people of color, as its exclusive partner for student loan benefits and tools.

ABC members, which represent more than 2,000 health professionals, lay members of the community (Community Health Advocates), corporate members, and institutional members, will receive a special discount on student loan refinancing rates through Laurel Road’s acclaimed digital lending platform. With Laurel Road’s already low rates, this partnership could help ABC members potentially save thousands over the life of their loans.1

“Laurel Road is proud to support the mission of the Association of Black Cardiologists and bring our student loan knowledge to ABC members,” said Paul Bamundo, senior vice president and head of business development and marketing partnerships for Laurel Road. “We understand that healthcare providers face unique financial challenges, and providing discounted rates and resources is an important benefit we can provide to ABC and its members as they work to advance health equity and help save lives.”

As part of the ongoing partnership, Laurel Road will also be providing additional resources on financial planning and education to come later this year and into 2021. ABC members who refinance their loans with Laurel Road will also have access to its evolving specialized financial services offerings for healthcare professionals on top of the simplified, personalized platform all Laurel Road customers benefit from.

The partnership will kick off at ABC’s 11th Annual Spirit of the Heart Awards Program on October 17, 2020, its signature event taking place virtually this year, which raises critically-needed funds to advance ABC’s mission and its comprehensive programs of education, reach and advocacy.

“We are excited to offer this added benefit to our members, who work every day to advance health equity and eliminate cardiovascular health disparities in African Americans and other vulnerable subgroups,” said Cassandra McCullough, CEO for the Association of Black Cardiologists. “Finding ways to support our community both professionally and personally is important to us, especially as our members work across many different areas of healthcare. A common shared concern is student loan debt, so working with Laurel Road to help our members tackle this, while providing other resources for their financial health, is a win-win.”

Laurel Road has a long-standing focus on supporting members of the healthcare professional community, and also maintains affiliate relationships with prominent professional medical associations. Laurel Road’s digital-first lending platform and partner program can be tailored to fit the needs of any professional organization.

For more information on how ABC members can take advantage of this benefit, please visit www.laurelroad.com/abcardio. To learn more about how professional associations can offer student loan benefits, visit www.LaurelRoad.com/Partnerships.

About Laurel Road
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $7 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products, mortgages and personal loans that helps simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. For more information, visit www.laurelroad.com. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. The mortgage product is not offered in Puerto Rico. KeyBank is a Member FDIC, Equal Housing Lender. NMLS ID # 399797.

About the Association of Black Cardiologists
Founded in 1974, the ABC is a nonprofit organization dedicated to eliminating the disparities related to cardiovascular disease and achieving health equity such that all people can live long, healthy lives. Membership is open to all interested in the care of people with or at risk for cardiovascular disease, including health professionals, lay members of the community (Community Health Advocates), corporate and institutional members. For more information, visit www.abcardio.org and connect with ABC on Twitter, Facebook, Instagram and LinkedIn.

###

Media Contact:
KWT Global for Laurel Road
646-989-8147
laurelroad@kwtglobal.com

1 Savings vary based on rate and term of your existing and refinanced loan(s). Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. Review your loan documentation for total cost of your refinanced loan.