Liberty Savings Bank Selects Upstart for Personal Lending
March 21 2024 - 9:00AM
Business Wire
Liberty Savings Bank, a family-owned bank with over $1.2 billion
in assets serving Sarasota-Manatee County on the Gulf Coast of
Florida, has announced a new partnership with Upstart (NASDAQ:
UPST), the leading artificial intelligence (AI) lending
marketplace, to provide personal loans to new and existing
customers.
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the full release here:
https://www.businesswire.com/news/home/20240321461409/en/
"By partnering with Upstart, we are able to offer a fast, easy
and modern personal lending experience to meet the needs of both
current customers and new customers,” said Tim Fiedler, Executive
Vice President at Liberty Savings Bank.
Liberty Savings Bank started its partnership with Upstart in
September 2022 and now offers personal loans powered by Upstart’s
all-digital, AI-lending platform on its bank website, as well as
through the Upstart Referral Network. With the Upstart Referral
Network, qualified personal loan applicants on Upstart.com who meet
Liberty Savings Bank's credit policies will receive tailored offers
as they seamlessly transition into a Liberty Savings Bank-branded
experience to complete the online application and closing
process.
“We are proud to have Liberty Savings Bank in the Upstart family
of lending partners,” said Michael Lock, Senior Vice President of
Lending Partnerships for Upstart. “The partnership between Upstart
and Liberty Savings Bank expands access to affordable credit to
more creditworthy borrowers across the Gulf Coast.”
To learn more about Upstart for Banks 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 Liberty Savings Bank
Liberty strives to provide exceptional banking and lending
experiences for our personal and business banking customers in
Sarasota-Manatee County. To us, you are more than a person with a
HELOC, mortgage, checking account, or personal loan; you are a
person we are privileged to serve. Our commitment to quality means
you can be sure that with Liberty, our interest truly is in you.
For more information, visit libertysavingsbank.com.
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