Leading AI-powered credit decision platform provider, Scienaptic announced today that Advantage One Credit Union has chosen 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 $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. Advantage One prides itself in offering superior financial services than most big banks. 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.