Credit union expects to approve more loans to underserved members and streamline lending processes
Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Northern Hills Federal Credit Union. This deployment will enable Northern Hills FCU to use AI to make sharper credit decisions and assist members – especially the financially stressed ones during economic recovery and beyond.
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“Northern Hills Federal Credit Union will be a model for the use of AI in credit unions. We are pleased to be a partner in their innovation journey to increase credit approvals for their members.”
Northern Hills FCU is a member-owned financial institution, serving members for 70 years. Northern Hills FCU has one simple philosophy – people helping people to improve the financial state of each of its members. Through Scienaptic’s AI-enabled credit underwriting platform, credit access for Northern Hills FCU members will be further enhanced.
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“We are very excited to deploy Scienaptic’s AI-powered credit decisioning platform,” said Floyd Rummel, Chief Executive Officer at Northern Hills Federal Credit Union. “The use of Scienaptic’s adaptive AI will help us provide better loan decisions for every single member we serve. It will empower our member-owners with more credit, enhance their lives, and reinforce our commitment towards the financial well-being of all members.”
Pankaj Jain, President of Scienaptic, said, “Northern Hills Federal Credit Union will be a model for the use of AI in credit unions. We are pleased to be a partner in their innovation journey to increase credit approvals for their members.”
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