Articles from Lenders Cooperative

ARLINGTON, Va., April 09, 2026 (GLOBE NEWSWIRE) -- Lenders Cooperative, a leading provider of loan origination and servicing technology for U.S. financial institutions, announced today that Desert Financial Credit Union has implemented its platform to power the expansion of its commercial and SBA lending programs.

Lenders Cooperative, a leading provider of loan origination and servicing technology to US financial institutions, announced today that Lafayette Federal Credit Union has chosen its platform to modernize and enhance the credit union’s commercial lending operations. This partnership will enable Lafayette to automate workflows, improve efficiency, and better serve its small business members.

Lenders Cooperative, a leading provider of loan origination and servicing technology to US financial institutions, is pleased to announce that Primis Bank has selected its platform to power its small business lending. Primis Bank will leverage the platform to automate the entire workflow for the origination of both SBA and conventional commercial loans. The bank also signed on for Lenders Cooperative’s LSP service to augment the bank’s capacity for underwriting, processing, and closing loan applications, thereby increasing loan production.

Lenders Cooperative, a leading provider of integrated small business and commercial lending platforms and services, is pleased to announce the appointment of Rachel Hunsinger as Head of SBA Servicing. In this role, Hunsinger will lead the company’s SBA servicing operations, enhancing the post-close support provided to its network of financial institution clients nationwide.

Lenders Cooperative, a leading fintech innovator in commercial loan origination and servicing solutions, announced the appointment of Christopher McClinton as President and Chief Revenue Officer. With over two decades of experience in financial services technology, Mr. McClinton will lead Lenders Cooperative’s growth strategy, partnerships, and brand positioning as the company continues its rapid expansion.

Lenders Cooperative has officially completed its merger with Ventures Lending Technologies, forming a single entity that delivers comprehensive commercial loan origination and loan servicing solutions. This integration strengthens Lenders Cooperative’s position as the premier provider of technology and professional services for financial institutions nationwide.

Lenders Cooperative and Ventures Lending Technologies today announced their intent to merge, creating an entity that will deliver best-in-class commercial loan origination and integrated commercial loan servicing capabilities to a wide range of financial institutions.

Lenders Cooperative is proud to announce the appointment of Stephen Hayes as the new Head of Data & AI Strategy. Stephen brings over 15 years of expertise in financial services, data analytics, and artificial intelligence to Lenders Cooperative. His extensive background in transforming complex data into strategic business advantages will play a pivotal role in empowering financial institutions across the country to leverage data for sustainable growth.

Lenders Cooperative, a nationally recognized provider of commercial lending platform technology and SBA Lending Service Provider (LSP) services is proud to welcome Chuck Evans to its team. The addition enhances the company’s deep bench of industry expertise. As SBA lending grows amid tightening conventional lending channels and rising interest rates, Lenders Cooperative continues to empower financial institutions with scalable, compliant, and tech-driven SBA lending solutions.

Lenders Cooperative and Lumos Data are thrilled to announce the expansion of their successful partnership, which has transformed how financial institutions approach small-dollar commercial lending. This continued collaboration brings cutting-edge technology to lenders, further streamlining loan decision-making and enhancing profitability in both conventional and SBA small business lending.

Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO). With a proven track record and extensive experience in all facets of technology, Charlie will play a pivotal role in steering Lenders Cooperative's continued technological evolution.

Introducing Lenders Cooperative, an American Bankers Association Premier Associate Member. ABA members are eligible for significant savings on our Small Business Loan Origination System (LOS) with Turnkey Back Office Labor Solution (LSP). We’re pleased to offer no implementation fee and per unit pricing as a benefit of ABA membership for both LOS and LSP.

Lenders Cooperative, a client-owned cooperative that represents a community of forward-thinking banking institutions, announced that it is growing its executive team with the addition of two new hires: Liz Flowers as the company’s new Head of Client Success, and Phil Maurer as Managing Director.

Summit Technology Group (STG), a boutique consulting, services and software practice for community banks, and Lenders Cooperative, a leading provider of lending solutions for financial institutions, are pleased to announce they have been named one of American Banker’s 2023 “Best Places to Work in Fintech,” ranking #11 out of 50 companies recognized nationwide.

Lenders Cooperative, a leading provider of lending solutions for financial institutions, today announced its successful integration with leading end-to-end fintech and regtech solutions provider, CSI's cloud-based core processing systems. This integration represents a major milestone for Lenders Cooperative and will offer a significant boost in efficiency along with numerous other benefits to its customers utilizing CSI's core system.

Lenders Cooperative, a provider of lending solutions for financial institutions, today announced the unique integration of the Massachusetts Capital Access Program (CAP) into the cooperative’s loan origination system (LOS). This integration allows lenders to have a fully turnkey process to accept and originate Mass Capital loans without the need to manage documents and process outside the loan platform.

Recognizing the need for better innovation and solutions to support community bankers’ small business and commercial lending initiatives, Summit Technology Group (STG), a boutique consulting, services and software practice for community banks, along with a large number of its bank clients, announced the official launch of Lenders Cooperative as a standalone, client-owned platform.