WECU Selects Upstart for Personal Lending

WECU, a Washington-based credit union with over 160,000 members and over $2.7 billion in assets, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members.

“At WECU, we believe that lives can be transformed through smart, responsible lending practices. That’s why we’re thrilled to partner with Upstart,” said Matt Berendsen, VP of Lending at WECU. “By partnering with Upstart, we are expanding access to fair and accessible loans that align with our mission of improving the financial well-being of our members and our community.”

WECU started lending as a partner on the Upstart Referral Network in December 2023. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet WECU’s credit policies will receive tailored offers as they seamlessly transition into a WECU-branded experience to complete the online member application and closing process.

“We are proud to have WECU in the family of Upstart lending partners,” said Michael Lock, Senior Vice President of Lending Partnerships at Upstart. “In partnership with Upstart, WECU is able to extend its reach beyond its direct members, helping more Washington State residents access the capital they need to improve their lives.”