Advantage One Credit Union partners with Scienaptic

Monday 10 January 2022 15:10 CET | News

Advantage One Credit Union has chosen AI-powered credit decision platform provider Scienaptic to use its AI-based underwriting platform to complement its lending process and make advanced loan decisions. 

Founded in 1952, Advantage One Credit Union started with serving employees of McLouth Steel Corporation. Over the decades, the credit union has grown, with USD 208 million in assets and two branches in southeast Michigan that offer a range of financial products and services. These services are spread across digital banking, personal finance, mortgage, auto loans, and more. 

The deployment of Scienaptic’s AI-powered loan decisioning platform will further its reach throughout Michigan, providing members with better access to credit by approving more loans, faster, the press release concludes.

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Keywords: partnership, artificial intelligence, banks, fintech, lending
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech