Arvest Bank Upgrades to FICO® Auto Score 10 to Enhance Auto Lending Precision

FICO (NYSE: FICO) announced that Arvest Bank has completed an upgrade to FICO Auto Score 10 for its auto lending business.

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At the forefront of regional auto lending, Arvest Bank now uses FICO's most predictive auto credit score to sharpen distinctions in borrower risk

BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO), global analytics software leader, today announced that Arvest Bank has successfully upgraded to FICO® Auto Score 10, giving the regional lender a more precise view of borrower risk and strengthening its auto lending underwriting capabilities.

The strategic move reflects Arvest Bank’s proactive approach to modernizing credit risk decisioning across its auto lending business. Early portfolio analysis shows use of FICO® Auto Score 10 results in sharper risk segmentation across Arvest’s customer base, including greater differentiation among thin-file borrowers.

“The auto lending market is evolving too quickly to stand still on credit risk,” said Reggie Branch, senior director of indirect lending at Arvest Bank. “Moving to FICO Auto Score 10 was a proactive investment to strengthen how we assess risk as borrower profiles continue to evolve. Our early analysis is already showing sharper differentiation across our portfolio, particularly among thin-file borrowers, giving our teams greater confidence in how we evaluate risk and make lending decisions.”

FICO worked closely with Arvest throughout the transition to FICO® Auto Score 10, providing implementation guidance, compliance resources, and technical support to integrate FICO Auto Score 10 into its existing credit decisioning processes. Arvest’s successful transition demonstrates how regional lenders can move proactively to the latest scoring technology while maintaining operational continuity.

Initial analysis of Arvest’s portfolio has shown:

• Sharper differentiation across the broader portfolio, with some customers scoring higher as the updated model more accurately reflects stronger credit profiles
• Greater risk separation among thin-file borrowers, with FICO® Auto Score 10 identifying distinctions that were less apparent with the prior model
• A more granular view of borrower risk, helping Arvest’s lending and risk teams more confidently evaluate applicants and inform approval and pricing decisions

“The strength of FICO Auto Score 10 is its ability to separate risk with greater precision,” said Shams Blanc, vice president, head of auto strategy and industry relations at FICO. “Arvest’s early results demonstrate why that matters. Greater differentiation gives lenders a clearer view of borrower risk and greater confidence in their credit decisions. By proactively adopting FICO Auto Score 10, Arvest is demonstrating the kind of forward-thinking risk strategy that will increasingly define modern auto lending.”

FICO® Auto Score 10 is the most powerful FICO auto-specific score yet, built on recent credit data to deliver sharper risk separation where auto lenders need it most: mid-band and thin-file borrowers. It outperforms prior versions in predicting defaults, especially for prime thin/new-to-credit and subprime segments, helping lenders approve more loans while avoiding costly charge-offs. Designed for seamless adoption, FICO Auto Score 10 keeps the trusted 250–900 range, reason codes, and compliance readiness lenders expect.

Auto dealers and lenders can learn more about FICO® Auto Score 10 and its predictive power by visiting: https://www.fico.com/en/latest-thinking/solution-sheet/fico-auto-score-10.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 U.S. and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top U.S. lenders, is the standard measure of consumer credit risk in the U.S. and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com/en

Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/

For FICO news and media resources, visit https://www.fico.com/en/newsroom.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

About Arvest Bank

With more than $28 billion in assets, Arvest is a full-service bank delivering financial solutions to individuals and businesses of all sizes. Since 1961, Arvest has been committed to providing financial solutions that help communities thrive and grow. Today, the bank has more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri. Arvest is an Equal Housing Lender and Member FDIC. To learn more, visit arvest.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261027111014/en/

press@fico.com

Source: FICO

Key Terms

thin-file financial

A thin-file is a credit record that contains very little information about a person’s or small business’s borrowing history—few or no open or closed tradelines, limited payment history, and minimal public-record entries—so standard credit scores and automated underwriting have little data to evaluate creditworthiness. Because traditional credit reports lack detail for thin-file applicants, lenders or underwriters often must rely on alternative data sources or manual review, and the thinness of the file makes credit decisions more uncertain rather than determinative.

charge-offs financial

Charge-offs occur when a lender decides a loan or debt is unlikely to be repaid and removes it from its active assets, treating the amount as a loss on its books while the borrower may still legally owe the money. For investors, rising charge-offs are like seeing more bad checks in a household budget: they signal worsening credit quality, reduce a lender’s profits and capital cushions, and can foreshadow tighter lending and higher loan-loss provisions.

reason codes technical

Alphanumeric labels used by exchanges, trading systems, clearinghouses or corporate registrars to indicate the specific reason for an automated action, message or decision—for example an order cancellation or rejection, a trading halt, a corporate-action posting, a fee assessment, or a delisting determination. Each code corresponds to a short, predefined explanation in that platform’s code list; to understand what a particular code means you must look up that platform’s published list because the same code can have different meanings across systems. Think of them as compact error or status labels that allow machines and people to identify why an event occurred without a long narrative.