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PriorityONE Credit Union of Florida Selects Upstart for Personal Lending
SUNRISE, Fla. & SAN MATEO, Calif.--(BUSINESS WIRE)-- PriorityONE Credit Union of Florida (PriorityONE), a leading credit union in Florida, has announced a
About this update from Upstart Holdings, Inc.
[{"type":"text","content":" SUNRISE, Fla. & SAN MATEO, Calif.--(BUSINESS WIRE)--\nPriorityONE 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.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240417179898/en/\n“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.”\n\n\nPriorityONE 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.\n\n\n“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.”\n\n\nTo learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.\n\n\nAbout Upstart\n\n\nUpstart (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, Cali...