Credit Union Connection

View Original

Mutual Security Credit Union Selects Upstart for Personal Lending

Mutual Security Credit Union (MSCU), a $390+ million financial institution serving the financial needs of western Connecticut, today announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to more people.

“Our partnership with Upstart aligns with our mission to be builders of financial well-being within the communities we serve,” said Jeffrey Tracey, Vice President of Loan Operations at MSCU. “It allows us to extend our reach and provide a modern, digital-first experience to drive more inclusive lending within the community.”

Mutual Security Credit Union became an Upstart Referral Network lending partner in September 2023. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet MSCU’s credit policies will receive tailored offers as they seamlessly transition into an MSCU-branded experience to complete the online member application and closing process.

“We welcome Mutual Security Credit Union to the family of Upstart lending partners,” said Michael Lock, SVP of Lending Partnerships for Upstart. “As part of the Upstart Referral Network, MSCU is able to expand access to affordable credit to more people across its community through AI-powered personal lending.”