Bellwether Community Credit Union selects Upstart for personal lending
SAN MATEO, CA (March 22, 2022) — Bellwether Community Credit Union, a not-for-profit, New Hampshire-based credit union serving approximately 30,000 members, recently announced its partnership with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, to offer AI-powered personal loans to consumers residing or working in New Hampshire and Essex and Middlesex counties in Massachusetts.
“Our focus is providing the best rates, service and digital-first experience to meet the expectations of today’s consumers,” said Bill Zafirson, Senior Vice President and Chief Lending Officer of Bellwether Community Credit Union. “Through our partnership with Upstart, we will be able to expand our membership and help more people in their time of need through more inclusive lending, enabled by an all-digital, AI-powered consumer lending experience.”
Bellwether Community Credit Union became an Upstart lending partner in December 2021 to be a part of the Upstart Referral Network. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet Bellwether’s credit policies receive tailored offers as they seamlessly transition into a Bellwether-branded experience to complete the online member application and closing process.
“We are excited to welcome Bellwether Community Credit Union to the family of Upstart lending partners,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through Upstart’s AI lending platform, Bellwether will be able to expand access to affordable credit and reach more creditworthy borrowers across New Hampshire and Essex and Middlesex counties in Massachusetts.”
To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.
Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to 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, and small-dollar “relief” loans. Upstart is based in San Mateo, California, and Columbus, Ohio.