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

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market. Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech. Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market. Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app. Highlights: Ex-Revolut staffers raise $6M in funding.New app...