Fibre Federal Credit Union Selects Upstart for Personal Lending
Fibre Federal Credit Union, a Washington-based credit union with over 118,000 members and $1.6 billion in assets, has partnered with Upstart (NASDAQ: UPST) to provide personal loans to new and existing members. The partnership, which began in December 2022, utilizes the Upstart Referral Network to offer qualified applicants tailored loans through a Fibre Federal-branded experience.
This collaboration aims to improve financial wellness for Fibre Federal's community members by providing a fast, online lending experience. The partnership allows Fibre Federal to expand its reach across Southwest Washington and Northwest Oregon, serving more individuals through Upstart's AI-driven lending marketplace.
Fibre Federal Credit Union, una cooperativa di credito con sede nello stato di Washington che conta oltre 118.000 membri e 1,6 miliardi di dollari in attivi, ha stretto una partnership con Upstart (NASDAQ: UPST) per offrire prestiti personali ai nuovi e attuali membri. La collaborazione, avviata a dicembre 2022, utilizza la Rete di Riferimento Upstart per offrire prestiti personalizzati ai richiedenti qualificati attraverso un'esperienza a marchio Fibre Federal.
Questo accordo mira a migliorare il benessere finanziario dei membri della comunità di Fibre Federal, fornendo un esperienza di prestito online rapida. La partnership consente a Fibre Federal di ampliare la propria portata nel sud-ovest di Washington e nel nord-ovest dell'Oregon, servendo un numero maggiore di persone attraverso il mercato dei prestiti basato sull'intelligenza artificiale di Upstart.
Fibre Federal Credit Union, una cooperativa de crédito con sede en Washington que cuenta con más de 118,000 miembros y activos por 1.6 mil millones de dólares, se ha asociado con Upstart (NASDAQ: UPST) para ofrecer préstamos personales a miembros nuevos y existentes. La colaboración, que comenzó en diciembre de 2022, utiliza la Red de Referidos de Upstart para ofrecer préstamos personalizados a solicitantes calificados a través de una experiencia de marca Fibre Federal.
Este acuerdo tiene como objetivo mejorar el bienestar financiero de los miembros de la comunidad de Fibre Federal al proporcionar una experiencia de préstamo en línea rápida. La asociación permite a Fibre Federal ampliar su alcance en el suroeste de Washington y el noroeste de Oregón, sirviendo a más personas a través del mercado de préstamos impulsado por inteligencia artificial de Upstart.
와싱턴에 본사를 두고 118,000명이 넘는 회원과 16억 달러의 자산을 보유한 파이버 연방 신용조합(Fibre Federal Credit Union)은 Upstart(NASDAQ: UPST)와 손잡고 신규 및 기존 회원에게 개인 대출을 제공하게 되었습니다. 2022년 12월에 시작된 이 파트너십은 Upstart 추천 네트워크를 활용하여 자격을 갖춘 신청자에게 파이버 연방 브랜드 경험을 통해 맞춤형 대출을 제공합니다.
이번 협업은 파이버 연방 커뮤니티 회원들의 금융 웰빙을 향상시키기 위함이며, 빠른 온라인 대출 경험을 제공합니다. 이 파트너십은 파이버 연방이 워싱턴 남서부와 오리건 북서부에서 더 많은 개인에게 서비스를 제공할 수 있도록 하여, Upstart의 AI 기반 대출 시장을 통해 더 많은 사람들을 돕고 있습니다.
Fibre Federal Credit Union, une caisse de crédit basée à Washington avec plus de 118 000 membres et 1,6 milliard de dollars d'actifs, a établi un partenariat avec Upstart (NASDAQ: UPST) pour offrir des prêts personnels à de nouveaux membres ainsi qu'à ceux déjà existants. Ce partenariat, qui a débuté en décembre 2022, utilise le Réseau de Références Upstart pour proposer des prêts adaptés aux candidats qualifiés au travers d'une expérience de marque Fibre Federal.
Cette collaboration vise à améliorer le bien-être financier des membres de la communauté de Fibre Federal en fournissant une expérience de prêt en ligne rapide. Le partenariat permet à Fibre Federal d'élargir son rayonnement dans le sud-ouest de Washington et le nord-ouest de l'Oregon, en servant un plus grand nombre de personnes grâce au marché de prêts piloté par l'IA d'Upstart.
Die Fibre Federal Credit Union, eine Genossenschaftsbank mit Sitz im Bundesstaat Washington, die über 118.000 Mitglieder und Vermögenswerte von 1,6 Milliarden Dollar verfügt, hat sich mit Upstart (NASDAQ: UPST) zusammengeschlossen, um neuen und bestehenden Mitgliedern persönliche Darlehen anzubieten. Die Partnerschaft, die im Dezember 2022 begann, nutzt das Upstart Referral Network, um qualifizierten Antragstellern maßgeschneiderte Darlehen über eine Marke von Fibre Federal anzubieten.
Diese Zusammenarbeit zielt darauf ab, das finanzielle Wohlbefinden der Mitglieder der Fibre Federal-Gemeinschaft durch ein schnelles, Online-Darlehensangebot zu verbessern. Die Partnerschaft ermöglicht es Fibre Federal, ihre Reichweite im Südwesten von Washington und im Nordwesten von Oregon zu erweitern und somit mehr Personen über den KI-gesteuerten Kreditmarktplatz von Upstart zu bedienen.
- Partnership with Upstart expands Fibre Federal's personal lending capabilities
- Potential for increased member acquisition across Southwest Washington and Northwest Oregon
- Implementation of fast, online lending experience for members
- None.
“Fibre Federal Credit Union’s mission is to improve the financial wellness of the members in our communities,” said Alissa Johnson, VP Consumer Lending at Fibre Federal Credit Union. “Fibre Federal is partnering with Upstart to reach new borrowers across our field of membership and deliver personal lending through a fast, online lending experience.”
Fibre Federal Credit Union started lending as a partner on the Upstart Referral Network in December 2022. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet Fibre Federal’s credit policies will receive tailored offers as they seamlessly transition into a Fibre Federal-branded experience to complete the online member application and closing process.
“We are proud to welcome Fibre Federal 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, Fibre Federal is able to serve more individuals across
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
About Fibre Federal Credit Union:
Fibre Federal Credit Union is a
View source version on businesswire.com: https://www.businesswire.com/news/home/20240828002351/en/
Source: Upstart
FAQ
When did Fibre Federal Credit Union start using Upstart's Referral Network?
What is the purpose of Fibre Federal's partnership with Upstart (UPST)?
How does the Upstart Referral Network benefit Fibre Federal Credit Union members?
What is the size of Fibre Federal Credit Union in terms of members and assets?
