UNCLE Credit Union Selects Upstart for Personal Lending
13 Novembro 2024 - 11:00AM
Business Wire
UNCLE Credit Union (UNCLE), a Northern California-based credit
union with over 38,000 members, has announced a new partnership
with Upstart (NASDAQ: UPST), the leading artificial intelligence
(AI) lending marketplace, to provide personal loans to new and
existing members.
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“At UNCLE Credit Union, we are committed to offering exceptional
financial services to meet all our members’ needs while also
promoting financial wellness throughout our surrounding
communities,” said Dree Johnson, Senior Vice President and Chief
Operating Officer at UNCLE Credit Union. “We partnered with Upstart
to expand inclusive lending and grow our membership across all four
counties we serve in Northern California through an all-digital
lending experience.”
UNCLE Credit Union started lending as a partner on the Upstart
Referral Network in July 2024. With the Upstart Referral Network,
qualified personal loan applicants on Upstart.com who meet UNCLE
Credit Union’s credit policies will receive tailored offers as they
seamlessly transition into an UNCLE-branded experience to complete
the online member application and closing process.
“We are excited to welcome UNCLE Credit Union to the family of
Upstart lending partners,” said Michael Lock, Senior Vice President
of Lending Partnerships at Upstart. “Through the Upstart Referral
Network, UNCLE Credit Union is able to lend to more new and
existing members across Alameda, Contra Costa, San Joaquin, and
Stanislaus counties.”
To learn more about Upstart for Credit Unions and the Upstart
Referral Network, please watch this video.
About Upstart
Upstart (NASDAQ: UPST) is the leading AI lending marketplace,
connecting millions of consumers to more than 100 banks and credit
unions that leverage Upstart’s AI models and cloud applications to
deliver superior credit products. With Upstart AI, lenders can
approve more borrowers at lower rates across races, ages, and
genders, while delivering the exceptional digital-first experience
customers demand. More than 80% of borrowers are approved
instantly, with zero documentation to upload. Founded in 2012,
Upstart’s platform includes personal loans, automotive retail and
refinance loans, home equity lines of credit, and small-dollar
“relief” loans. Upstart is based in San Mateo, California, and also
has offices in Columbus, Ohio and Austin, Texas.
About UNCLE Credit Union
Founded in 1957 to offer financial services to the entire
Lawrence Livermore National Laboratory community, UNCLE Credit
Union today offers the benefits of credit union membership to
anyone who lives, works, worships or attends school in Alameda,
Contra Costa, San Joaquin, or Stanislaus counties. With over $750
million in assets and 38,000 members, UNCLE Credit Union provides a
wide range of financial solutions including checking and savings
accounts, consumer and auto loans, mortgage products, credit cards,
business banking, and a full suite of investment and financial
planning services available under its Wealth Management Center.
UNCLE provides its members with access to 5,000+ shared branches
and nearly 30,000 ATMs via the Shared Branching Network. To learn
more, visit unclecu.org.
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