MIT Federal Credit Union Expands Upstart Auto Lending Deal
MIT Federal Credit Union (MIT FCU), a full-service, Massachusetts-based credit union serving over 35,000 members, today announced the recent expansion of its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, into indirect auto lending.
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“MIT Federal Credit Union strives to be there for our members at every stage of their financial journey,” said Dmitriy Banar, Senior Vice President of Lending at MIT Federal Credit Union. “Expanding our relationship with Upstart into indirect auto lending gives us another way to meet members where they are through a fast and easy car financing experience.”
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The expanded relationship builds on MIT FCU’s personal lending partnership with Upstart, which began in 2024. Through the expansion, MIT FCU is diversifying its lending strategy and adding a secured product to serve members across more borrowing needs.
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“MIT Federal Credit Union is committed to delivering a convenient, modern lending experience for its members,” said Sanjay Datta, President, Capital & Enterprise at Upstart. “Expanding into indirect auto lending with Upstart gives MIT FCU another way to meet members’ financing needs through a streamlined digital experience.”
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