Earnest and FinWise Bank Announce Strategic Partnership to Support Growing Portfolio of In-School Student Loans
13 Febbraio 2024 - 3:05PM
Business Wire
Companies Advance Shared Commitment to
Affordable and Responsible Financing
Earnest, a fintech company empowering students to maximize their
financial futures, has partnered with FinWise Bank, a subsidiary of
FinWise Bancorp, to enhance its portfolio of Private Student Loan
products, including for parents, undergraduate, and graduate
students. This collaboration supports Earnest’s ongoing commitment
to provide innovative and impactful products that help students and
their families pay for college when federal aid is
insufficient.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240213858004/en/
FinWise Bank is Earnest’s newest banking partner to originate
Private Student Loans. Borrowers can expect to receive the same
care and servicing support, from application to loan payoff, from
Earnest’s highly-rated Client Happiness Team. They will also
continue to benefit from FinWise Bank’s expertise with local,
state, and federal banking regulations, including consumer
protection laws.
“We’re relentless in our pursuit of responsible solutions for
students and families needing education financing,” said David
Green, CEO of Earnest. “Our flexible loan terms, low rates, and
personalized guidance have led to increased demand for our
in-school loans. Collaborating with FinWise Bank helps us to scale
the number of borrowers we can thoughtfully support. Working with a
partner who shares our vision and has deep regulatory expertise
allows us to focus on what we do best: meeting our customers’
needs.”
Born as a community bank, FinWise Bank is deeply committed to
using innovative technology to support financially wise decisions.
This partnership expands the organization’s growing portfolio of
bank-fintech partnerships that share its vision for equity,
transformation, and inclusion at every level of financial
decision-making.
“FinWise continues to build on our success working with modern
and inventive fintech companies to make banking easier, more
transparent, and more affordable,” said Jim Noone, President of
FinWise. “Earnest is an industry-leading fintech lender that has
helped more than 240,000 students nationwide gain access to higher
education or reduce the total cost. We look forward to helping grow
that impact by expanding in-school loan access to more students and
their families.”
For more information about Earnest’s Private Student Loan
products, visit earnest.com/student-loans.
About Earnest:
Earnest empowers past, present, and soon-to-be students to
maximize their financial futures through thoughtful guidance and
impactful products. Founded in 2013 on the belief that financially
responsible people deserve better options and access to credit,
Earnest's education tools and lending products empower anyone
seeking higher education to reduce the total price tag of their
education, supercharge their ability to pay down student debt, and
get on the right financial track fast. Learn more at
earnest.com.
Earnest is a subsidiary of Navient (Nasdaq: NAVI).
Earnest Private Student Loans are made by One American Bank,
Member FDIC, or FinWise Bank, Member FDIC. One American Bank, 515
S. Minnesota Ave, Sioux Falls, SD 57104. Finwise Bank, 756 East
Winchester, Suite 100, Murray, UT 84107
Earnest loans are serviced by Earnest Operations LLC, 535
Mission St., Suite 1663 San Francisco, CA 94105, NMLS #1204917,
with support From Navient Solutions, LLC (NMLS #212430). One
American Bank, FinWise Bank, and Earnest LLC and its subsidiaries,
including Earnest Operations LLC, are not sponsored by agencies of
the United States of America.
© 2024 Earnest LLC. All rights reserved.
About FinWise Bank
FinWise Bank is a state-chartered bank and a wholly-owned
subsidiary of FinWise Bancorp (Nasdaq: FINW), a Utah bank holding
company headquartered in Murray, Utah. FinWise leverages strategic
relationships with third-party loan origination platforms,
proprietary loan analytics technology, and a seasoned management
team to efficiently deliver innovative lending solutions to small
businesses and individuals. For more information on FinWise Bank,
visit www.finwise.bank.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240213858004/en/
Gina Fasolo 312-865-9333 earnest@mergeworld.com
Grafico Azioni FinWise Bancorp (NASDAQ:FINW)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni FinWise Bancorp (NASDAQ:FINW)
Storico
Da Feb 2024 a Feb 2025
