Western Independent Bankers Selects LendKey As Exclusive Student Lending Partner

SAN FRANCISCO, Sept. 9, 2014 /PRNewswire/ -- Western Independent Bankers (WIB), a trade association of more than 150 community banks, announced today that it endorsed LendKey, a cloud-based lending platform and marketing and customer service provider. WIB will offer LendKey's Student Lending solution to community banks across the Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and the U.S. Territories.

LendKey provides a turnkey solution and essential infrastructure for any organization to efficiently and profitably lend to anyone else. LendKey clients currently leverage its platform and services to create loan programs, and participate in lending ecosystems, covering private student loans, private student loan consolidations and energy efficiency loans.  

LendKey was carefully evaluated to become a WIB Endorsed Program partner and found to provide high-quality, value-added products and services that enhance banks' competitive advantage and provide significant efficiencies. WIB will provide marketing support and endorse the program to its members through direct mail, online, its member magazine and annual conferences.

"We are thrilled to welcome LendKey as a WIB Endorsed Program partner," said Julianna Graham, president, WIB. "We selected LendKey not only for its industry-leading technology, but also for the marketing and customer service channels it provides to customers; a full-scale, end-to-end solution."

"LendKey is honored to be selected as a WIB Endorsed Partner and given the opportunity to reach and support WIB member banks," said Vince Passione, chief executive officer, LendKey. "Our goal is to generate demand for member banks through our robust technology and marketing services, which include direct mail and online marketing campaigns, a resource center and a branded website. Additionally, LendKey offers customer services including call centers and collections on behalf of banks using our platform."

About Western Independent Bankers (WIB) & WIB Service Corporation
Western Independent Bankers (WIB) has been helping community bank executive management and board members solve their challenges for more than 75 years. WIB informs, educates and connects community banks with the resources and services to achieve the highest standards of personal and organizational performance. WIB has community bank members in nine western states in addition to an array of community bank service providers.  For more information go www.wib.org.

About LendKey
LendKey is a cloud-based lending platform that provides the essential infrastructure for any party to efficiently, securely and profitably lend to anyone else – from those offering loans directly to those structuring new types of loans. LendKey provides lending solutions to credit unions and banks nationwide primarily pertaining to students, solar or energy-efficiency efforts. Based in New York, LendKey has hundreds of lender clients with a combined loan portfolio of over $600 million, services more than 30,000 borrowers nationwide, and is sponsored by 28 state trade associations. For more information, visit www.lendkey.com.

Media Contact:

Tracey Koblick
JCUTLER media group 
[email protected]

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SOURCE Western Independent Bankers