Unity Bank Selects Finastra Total Lending Solution in US
Unity Bank announced on August 22, 2018, that it had selected Finastra's Total Lending solution to power its lending operations in the United States. The solution covers commercial, consumer, and agricultural lending workflows. A key element of the deal is the integration with Unity Bank's existing Fiserv core banking system, allowing the bank to modernize its lending infrastructure without replacing its core platform.
Finastra contributes its specialized lending technology stack, while Unity Bank gains streamlined origination and servicing capabilities. This type of partnership illustrates how community banks increasingly rely on fintech vendors to layer modern capabilities onto legacy core systems. Financial terms of the agreement were not disclosed.
The implementation represents an early example of modular fintech-bank integration in the US community banking segment.
- Demonstrates community banks' growing reliance on fintech vendors to modernize lending without replacing core systems
- Highlights the modular integration approach that would become central to BaaS and embedded lending strategies