PriorityONE Credit Union of Florida Selects Upstart for Personal Lending
April 17 2024 - 8:00AM
Business Wire
PriorityONE Credit Union of Florida (PriorityONE), a leading
credit union in Florida, has announced a new partnership with
Upstart (NASDAQ: UPST), the leading artificial intelligence (AI)
lending marketplace, to provide personal loans across the
communities it serves.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240417179898/en/
“PriorityONE is committed to enhancing the financial lives of
our members and becoming the prominent financial institution in the
community through innovation and trust,” said Deana Hennessey,
Chief Executive Officer at PriorityONE Credit Union of Florida.
"With Upstart, we are able to deliver a modern, online personal
lending experience that expands access to affordable credit to more
people across our community.”
PriorityONE became an Upstart Referral Network lending partner
in April 2023. With the Upstart Referral Network, qualified
personal loan applicants on Upstart.com who meet PriorityONE’s
credit policies will receive tailored offers as they seamlessly
transition into a PriorityONE-branded experience to complete the
online member application and closing process.
“We are excited that PriorityONE Credit Union of Florida is part
of the Upstart Referral Network,” said Michael Lock, Senior Vice
President of Lending Partnerships for Upstart. “PriorityONE is able
to gain new members while providing more creditworthy people in the
community with affordable 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 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
Columbus, Ohio.
About PriorityONE Credit Union of Florida
PriorityONE Credit Union of Florida is a not-for-profit
financial institution dedicated to serving the community since
1948. With a mission focused on enhancing the financial lives of
its members through consistent exceptional service, PriorityONE
offers a comprehensive range of products and services tailored to
help members achieve their financial goals. Their offerings include
checking and savings accounts, auto loans, online and mobile
banking services for convenient access, as well as home equity
loans and various other financial products. PriorityONE prides
itself on its member-focused approach, which is supported by
knowledgeable representatives who strive to provide personalized
assistance to each member. To learn more, visit
www.priorityonefl.org.
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