Sharonview Federal Credit Union chooses Upstart for personal loans

INDIAN LAND, SC & SAN MATEO, CA May 18, 2022–(BUSINESS WIRE)–Sharonview Federal Credit Union, a leading credit union serving more than 100,000 members in the Carolinas and nationwide, today announced that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, to bring personal loans to more people.

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Quote from David Brand, senior vice president of lending operations at Sharonview (Graphic: Business Wire)

“With Sharonview’s focus on improving the financial situation of our members, we are proud to partner with Upstart to deliver a better all-digital and AI-powered lending experience for the benefit of new members in the communities we serve,” said David Brand, Senior Vice President, Lending Operations at Sharonview. “With Upstart, we will be able to serve more creditworthy members and provide access to capital to those who need it most.”

As an Upstart Lending Partner since February 2022, Sharonview will be part of the Upstart Referral Network. With the Upstart referral network, available at Upstart.com, qualified personal loan applicants who meet Sharonview’s credit policies will receive personalized offers as they seamlessly transition to a Sharonview-branded experience to complete the online member application. and the closing process.

“We are thrilled to welcome Sharonview Federal Credit Union to the Upstart family of lending partners,” said Michael Lock, senior vice president of lending partnerships for Upstart. “With the Upstart referral network, Sharonview will be able to reach more potential members and meet their financial needs.”

To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.

About Upstart

Upstart (NASDAQ: UPST) is an artificial intelligence-powered lending platform that partners with banks and credit unions to expand access to affordable credit. By leveraging Upstart’s AI platform, banks and credit unions powered by Upstart can have higher approval rates and lower loss rates for every race, ethnicity, age and sex, while simultaneously delivering the exceptional digital lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by former Googlers in 2012 and is based in San Mateo, Calif., and Columbus, Ohio.

About Sharonview Federal Credit Union

Sharonview Federal Credit Union, awarded `Top Workplace’ 2021 by The Charlotte Observer and ranked #1 in South Carolina by Forbes in 2018, is headquartered in Indian Land, SC, and has been serving its members for 1955. Today, Sharonview serves more than 100,000 members nationwide, has assets totaling more than $1.7 billion, and operates 19 branches in North Carolina and South Carolina. It is also ranked among the top 200 credit unions in the nation, demonstrating its commitment to providing its members with a full range of value-added financial services, all supported by the United States government and federally insured by the National Credit Union Administration. Sharonview currently stands out from the competition by offering a personal touch, offering loans with fewer restrictions, flexible terms and lower rates. For over 65 years, Sharonview has promised exceptional value and provided financial services members can trust, with us it’s personal. For more information on Sharonview Federal Credit Union: www.sharonview.org.

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contacts

mike nelson
[email protected]

Amy George, for Sharonview Federal Credit Union
[email protected]

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