LendKey’s home improvement loan solution is for credit unions looking to add a supplemental channel to deploy capital, grow loans, and earn an attractive net ROA. This unique participation program is easy to set up and requires minimal credit union resources to support. LendKey drives the demand and manages the program, while the credit union reviews the loans and funds upon approval
Student loan refinancing and consolidation serves as a gateway product for graduate students and professionals in the market for other products that a credit union provides. This enables credit unions to achieve new member acquisition and address an aging member base. With LendKey’s student loan refinancing and consolidation solution, credit unions will deliver a relevant product to cultivate relationships, immediately deploy capital, and experience strong performance.
Private student loans sit at the beginning of the consumer credit journey and will likely be a member’s first product with the credit union. This enables credit unions to attract and retain younger members for a lifetime of lending. With LendKey’s private student loan solution, credit unions will achieve member acquisition, asset diversification, guaranteed capital deployment, and strong returns.
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