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Liberty Savings Bank selects Upstart to offer personal loans

By Delisha Fernandes

March 26, 2024

  • AI-lending platform
  • Artificial Intelligence
  • Fintech news
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Liberty Savings BankFlorida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans. 

“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.

The Florida-based 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 The Florida-based bank expands access to affordable credit to more creditworthy borrowers across the Gulf Coast.”

Upstart connects 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.

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