Blend and Frost Bank Extend Partnership Into Mortgage and Deposits

Blend and Frost Bank announced on Oct 13, 2021, an expansion of their existing partnership to include mortgage, consumer banking, and deposit products. Frost Bank, a Texas-chartered bank based in San Antonio, first partnered with Blend on home equity loans and lines of credit. The expanded deal brings Blend's cloud banking software across all of Frost Bank's consumer banking lines.

Customers will be able to open deposit accounts and set up auto-payment options on a single platform. Loan officers gain a single digital portal, freeing time to provide guidance tailored to each customer's financial situation. Financial terms were not disclosed.