Navigant Credit Union partners Baker Hill to boost commercial loan operations

  • Navigant Credit Union, based in Rhode Island, has partnered with Baker Hill to use its Commercial Lending solution for loan origination and underwriting.
  • Baker Hill’s platform will streamline loan processes, reducing loan decision times and improving efficiency.
  • The solution integrates with Navigant’s Fiserv DNA core, enabling better use of data and reducing redundant data entry.
  • The system will allow Navigant to handle all commercial loan origination needs from a single platform, eliminating reliance on fragmented systems and improving workflow.
  • Navigant Credit Union is Rhode Island’s largest, with over $3.7 billion in assets and serving 154,000 members.
  • Baker Hill, an Indiana-based fintech, was acquired by Flexpoint Ford in 2023.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns. Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration. Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly. Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S. Highlights: FedNow introduces a new API tool...