Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
LendKey Reaches $500M Milestone
NEW YORK (12/5/13)--Lending technology provider LendKey has surpassed $500 million in loan volume originated and serviced on its cloud-based platform.
 
LendKey is a CUNA Strategic Services provider.
 
"Lenders today face significant challenges in effectively deploying their capital into the retail lending market," said Vince Passione, CEO of LendKey.  "Surpassing $500 million in loans originated through our platform is a testament to the demand that lenders have for this solution.  We're excited to continue to help lenders innovatively solve this problem through student lending, as well as many other potential asset classes down the road."
 
LendKey, founded in 2008, has primarily provided financial institutions with lending platforms for private student loans and private student loan consolidations.  The company provides the student lending infrastructure for more than 260 financial institutions as a technology and business process outsourcing provider, which includes marketing and demand generation support in addition to loan origination and servicing.
RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
12 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
17 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
18 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
20 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
20 hours ago