Scienaptic AI, a company specializing in AI-powered credit decisions, announced the addition of three new credit unions as strategic investors in its Credit Union Service Organization (CUSO). Patriot Federal Credit Union, Wolverine State Credit Union, and Meridian Trust Federal Credit Union have joined the CUSO. Additionally, Credit Union of Colorado, one of the original founding partners, has increased its investment.

These additions expand the total number of credit union partners in the CUSO to 13. The growing network includes ELGA Credit Union, Wildfire Credit Union, 4Front Credit Union, CoVantage Credit Union, People Driven Credit Union, Alliance Catholic Credit Union, Partner Colorado Credit Union, Advantage One Credit Union, and the Michigan Credit Union League, alongside the newest investors.

Credit unions are expanding their use of the Scienaptic AI platform beyond traditional underwriting. The technology is now being applied across the entire member lifecycle, encompassing Pre-qualification, Onboarding, Fraud detection, Underwriting, Perpetual Offers, and Early Warning systems. This integration signifies the embedding of AI into the core of how these institutions serve their members, from loan origination to ongoing engagement.

Mark McCoy, Chief Revenue Officer at Patriot Federal Credit Union; Nick Montie, CEO of Wolverine State Credit Union; Mike Martin, Chief Lending Officer at Meridian Trust Federal Credit Union; and Chad Wilcox, Senior Vice President of Lending at Credit Union of Colorado, issued a joint statement. They noted that “Scienaptic AI has transformed our approach to lending enabling us to make smarter, more equitable decisions while effectively managing risk.” They added, “Our investment reflects the growing strategic role of AI in lending and the versatility of Scienaptic’s platform across member journeys. This is about making sure credit unions stay strong, relevant, and ready for the needs of today and tomorrow.”

Pankaj Kulshreshtha, Founder and CEO of Scienaptic AI, commented, “These investments validate both our shared vision of financial empowerment through AI and the impact it is already having on lending. I look forward to working with the credit union leaders to scale AI adoption and to being part of the important work they are doing in their respective communities.”