Maine Savings Selects Upstart for Personal Lending

  • Lending
  • 11.01.2024 09:15 am

Maine Savings, one of Maine’s largest credit unions with over 35,000 members, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans across the communities it serves.

“Maine Savings is committed to improving the financial well-being of our members and offering loan products that meet the needs of our community,” said Rick Moore, Chief Loan Officer of Maine Savings. "By partnering with Upstart, we are able to offer a modern, digital-first personal lending experience that helps and brings in new members wherever they are in their financial journey.”

Maine Savings became an Upstart Referral Network lending partner in September 2022. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet Maine Savings' credit policies will receive tailored offers as they seamlessly transition into a Maine Savings-branded experience to complete the online member application and closing process.

“We are proud to have Maine Savings in the Upstart family of lending partners,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through the Upstart Referral Network, Maine Savings is able to lend to more creditworthy borrowers across their community while expanding their membership.”

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