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Drummond Community Bank Selects Upstart for Personal and Auto Lending


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Drummond Community Bank Selects Upstart for Personal and Auto Lending
April 28, 2021 GMT
SAN MATEO, Calif., April 28, 2021 /PRNewswire/ Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Drummond Community Bank, a premier institution serving Florida communities since 1990, has partnered with Upstart to provide personal and auto loans to better serve their customers and community.
Drummond Community Bank became an Upstart bank partner in March 2021 and will be offering personal loans and auto loan refinancing powered by Upstart’s all-digital, AI-lending platform on its bank website. ....

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Apple Bank Launches Personal Loans Powered By Upstart


Apple Bank Launches Personal Loans Powered By Upstart
By
Staff
1 month ago
SAN MATEO, Calif.–(BUSINESS WIRE)–Apple Bank today announced the launch of “Personal Loans by Apple Bank,” its digital unsecured personal loan product, powered by Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform.
“Through our partnership with Upstart, Apple Bank will now offer unsecured consumer loans in our marketplace to better serve the New York community and our customers,” said Jim Matera, Executive Vice President and Chief Retail Banking Officer of Apple Bank. “We selected Upstart because of the dynamic nature of the AI underwriting model that allows us to approve credit-worthy applicants at competitive rates. Thanks to Upstart, we are able to provide our customers a digital-first consumer lending product as yet another step in the Bank’s digital transformation.” ....

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