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Michigan United Credit Union Partners with Scienaptic AI to Fuel Inclusive Lending and Member Growth

By: PRLog
NEW YORK - Aug. 18, 2025 - PRLog -- Scienaptic AI, a global leader in AI-powered credit underwriting, today announced that Michigan United Credit Union, based in Birmingham, MI, has chosen its platform to enhance credit access for its members. The credit union is adopting Scienaptic AI-powered, regulatory-compliant technology to support its goals of making faster, smarter lending decisions, streamlining credit processes, and extending lending opportunities to underserved members.

Michigan United Credit Union's journey began in a single classroom in 1931, founded by a group of dedicated teachers. Today, the credit union serves members across the entire state of Michigan through a network of branches and a comprehensive suite of financial products, including checking and savings accounts, a variety of loans, and convenient services like online and mobile banking. With a mission to "serve and enrich members' financial lives and communities," Michigan United is deeply committed to being a partner in its members' success.

"To truly move forward together, we need to see beyond the numbers and recognize the potential in every member's unique story," said Andy Staley, CEO of Michigan United Credit Union. "Our collaboration with Scienaptic AI is about embracing a new era of lending, one that is both more perceptive and more inclusive. This partnership allows us to leverage AI to remove barriers, providing our communities with the opportunities they deserve and reinforcing our promise to be a champion for their financial well-being."

"We are thrilled to partner with Michigan United Credit Union and continue our work of helping the people of Michigan," stated Patrick McElhenie, Chief Growth Officer at Scienaptic AI. "This is a state with a strong sense of community, and we are honored to work with a financial institution that shares our commitment to member well-being. Our adaptive AI platform will empower Michigan United to make smarter, faster lending decisions, ultimately helping to enrich the financial lives of people across the state. We look forward to a successful and impactful collaboration."

About Scienaptic AI

Founded in 2014, Scienaptic AI was built with the mission to drive financial inclusion at scale through AI-driven credit decisioning. The platform encapsulates a decade of technological innovation, integrating more data into decision-making, leveraging advanced machine learning algorithms, and supplementing them with rigorous risk and fair lending monitoring processes. This enables financial institutions to reach more borrowers—including underbanked and underserved individuals—and say "yes" more often without increasing risk.

In September 2024, Scienaptic's Credit Union Service Organization (CUSO) received strategic equity investments from its clients, further strengthening its mission to elevate lending with AI-driven solutions for inclusive loan growth, automation, lifecycle management, and compliance. Today, the CUSO is backed by 10 strategic investors, underscoring Scienaptic's deep commitment to the core principle of "people helping people."

The Scienaptic AI platform plays a vital role in supporting over 150 lenders by enhancing lending accuracy and efficiency. Scienaptic's credit decisioning expertise spans financial institutions collectively managing $3.9 trillion in assets. The platform processes over 3 million credit decisions each month, evaluating loan applications worth more than $3 billion. This enables over 1.3 million underserved individuals every month to access credit opportunities that were previously out of reach. Driven by the growing demand for AI in lending, the company has expanded by over 2,000% in the past three years.

For more information, visit www.scienaptic.ai.

Media Contact
Chandan Pal
***@scienaptic.com

Photos: (Click photo to enlarge)

Scienaptic Logo


Source: Scienaptic AI

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