Credit Union Lending Software

Baker Hill

Commercial origination and portfolio suite

Baker Hill sells end-to-end commercial origination, spreading with global cash flow, covenant capture and portfolio monitoring, and it has the deepest verifiable credit union commercial footprint in this research, including full client stories at Rally Credit Union and ESL Federal Credit Union. It publishes no NCUA Part 723 capability, and the NextGen brand name retires in 2026 in favour of UN/FY.

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What it is

Baker Hill sells end-to-end commercial origination, credit risk and analytics, and it has the deepest verifiable credit union commercial footprint in this research. The current brand is UN/FY, launched as the evolution of its business lending platform on a data layer running on Microsoft Azure Cosmos DB and Microsoft Fabric. The commercial stack covers digital small business application intake, commercial loan origination, an online application, statement spreading that reads tax returns and financial statements while calculating debt service and global cash flow and capturing covenants during the spread, projections, RMA peer benchmarking, and portfolio monitoring that watches bureau, loan, deposit, collateral and financial statement data after booking. Other named pieces are My Hub, Elevate, the Ask BKR assistant, Radius for CRE, Comply and a 1071 solution. The credit union evidence is what stands out: Rally Credit Union in Texas has a full client story quoted by its SVP of Member Business Lending, ESL Federal Credit Union has another describing member business loans growing from $130 million to $800 million over a decade, and there is a standing Credit Union Advisory Council. One live buyer risk: the NextGen name is being retired in 2026 and the brand currently appears three ways across the same site.

What it does

  • Commercial loan origination with digital small business application intake
  • Statement spreading that calculates debt service and global cash flow
  • Covenants captured during the spread rather than recorded afterwards
  • Portfolio monitoring across bureau, loan, deposit, collateral and statement data
  • RMA Annual Statement Studies peer benchmarking
  • Radius for commercial real estate lending, plus a 1071 solution

Strengths

  • Deepest verifiable credit union commercial footprint here: multiple named credit unions, two full client stories with named executives, and a standing Credit Union Advisory Council
  • Genuine end-to-end scope, from intake through spreading with global cash flow and covenant capture to decisioning, documents and portfolio monitoring
  • Core integration on the credit union side is proven and named by the customer rather than the vendor, with Fiserv DNA and TruStage in the Rally Credit Union story
  • The only vendor in the segment with a documented case of a credit union scaling an MBL book on the platform, at ESL Federal Credit Union
  • Well capitalised owner and current infrastructure, with UN/FY running on Microsoft Azure Cosmos DB and Microsoft Fabric

Considerations

  • Naming churn is a live buyer risk. The NextGen name is being retired in 2026 and the brand appears three ways across the same site in the same week, with the platform page and the launch release describing the transition differently
  • No published NCUA-specific capability. Nothing on Part 723, the cap, participations or exam audit trails appears anywhere, despite MBL-forward marketing, and the single NCUA mention found is a market statistic about industry size
  • No published founding year and no asset band, only a 40-plus years claim, so a credit union cannot self-qualify on size
  • Customer metrics are unverifiable and internally contradictory. The ESL story states both 156,100 businesses and over 15,000 businesses on the same page, and no credit union asset sizes are given, so growth claims cannot be normalised
  • No published pricing anywhere

Best when

You want intake, spreading, covenants and portfolio monitoring from one vendor with credit union references you can call.

Where it ranks

#5 in Best Credit Union Lending Software

Best credit union commercial references

#2 in Best MBL Software for Credit Unions: Member Business Lending Platforms Ranked

Best credit union MBL references

#4 in Best Commercial Lending Software for Credit Unions

Best end-to-end commercial workflow

#10 in Best AI Lending Software for Credit Unions

Assistant inside a commercial platform

Baker Hill FAQ

Which credit unions actually run Baker Hill for member business lending?

Rally Credit Union in Texas and ESL Federal Credit Union in New York both have dedicated client stories, the Rally one quoted by its SVP of Member Business Lending. Naveo, Hudson Valley, Visions, On Tap, Palmetto Citizens, Denali, Hawaii State and Global Credit Union are also named. No asset sizes are published for any of them.

What is UN/FY, and what happens to NextGen?

UN/FY is the current platform brand, and Baker Hill's own launch release states the NextGen name is being retired in 2026. During the transition the brand appears as UN/FY, UNIFY and NextGen across its site, so get the product name that will appear on your contract, support portal and release notes in writing.

Does it integrate with our core?

On the credit union side there is customer-confirmed evidence rather than a vendor claim: the Rally Credit Union story names Fiserv DNA as the core and TruStage for loan documentation. Other cores are not named, so confirm yours specifically.