Business

BCU selects Upstart to expand personal lending

Posted November 16, 2021 10:00 pm

VERNON HILLS - BCU, one of the nation's Top 100 credit unions serving over 300,000 members in the United States and Puerto Rico, Wednesday said it has partnered with California-based Upstart to offer personal loans to more people.

Upstart is a leading artificial intelligence lending platform. The company is based in San Mateo, California.

"With BCU's focus on empowering people to discover financial freedom, we are delighted to partner with Upstart to provide an all-digital, AI-powered lending experience to reach and lend to more eligible nonmembers nationwide," said Dave Brydun, senior vice president of lending at BCU.

With over $4.9 billion in assets, BCU is one of the fastest-growing credit unions in the last four decades. The credit union is both nonprofit and member-owned. Lifetime membership is offered to employees and families of America's best workplaces and those living or working in Chicago-area communities, BCU said.

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