HomeDec 17, 2024Jan 1, 2023
Search Results for "Lenders Cooperative"
2 results for "Lenders Cooperative"
Deals 2
Lenders Cooperative and Ventures Lending Technologies Announce Merger
Lenders Cooperative and Ventures Lending Technologies announced a merger on December 17, 2024, combining their lending technology platforms. The deal aims to create a more comprehensive embedded lending infrastructure for community banks and credit unions. The merger was completed in February 2025.
Lenders Cooperative Launches as Client-Owned Platform for Community Banks
Summit Technology Group and its banking clients launched Lenders Cooperative as a standalone platform serving over 140 community banking institutions. The cooperative provides loan origination software, credit underwriting, SBA support, bank operations, and white-label call center services. Its unique model offers equity ownership to financial services clients, making them both customers and owners.