Vantage West Credit Union partners with Upstart to offer a more streamlined, digital-first borrowing experience
SAN MATEO, CA (September 8, 2022) — Vantage West Credit Union, a leading credit union with more than 170,000 members and assets totaling more than $2.6 billion, today announced that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members across Arizona.
“At Vantage West, we constantly re-evaluate our product offerings to ensure we provide reliable access to credit for our target members as they move through various stages of their lives,” said Michelle Goeppner, VP Consumer Lending & Product Strategy for Vantage West. “Our partnership with Upstart will allow for more borrowers to apply for unsecured personal loans and receive a loan decision within minutes.”
Vantage West became an Upstart lending partner in March 2022 and will be part of the Upstart Referral Network. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet Vantage West’s credit policies receive tailored offers as they seamlessly transition into a Vantage West-branded experience to complete the online member application and closing process.
“We are proud to partner with Vantage West to offer personal loans to more people across Arizona,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through the partnership with Upstart, Vantage West will be able to efficiently lend to more creditworthy borrowers who are seeking access to credit.”
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 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.
About Vantage West Credit Union
Vantage West is an Arizona-based credit union serving members statewide and beyond via a 20-branch network and a robust digital channel. Access to credit is a fundamental need for members in Vantage West’s Aspiring and Middle Market priority groups. Vantage West is committed to helping these hardworking individuals succeed by providing financial solutions that will help them achieve their financial and life goals. Partnering with Upstart to offer a more streamlined and frictionless borrowing experience aligns with Vantage West’s purpose of Investing in People Today to Achieve a more Prosperous Tomorrow.
