Barksdale Federal Credit Union goes live with Scienaptic AI
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This deployment is significantly streamlining the credit union's underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic's AI platform.
Founded in 1954, Barksdale Federal Credit Union was established to serve military and civilian personnel at Barksdale Air Force Base in Bossier City. While continuing to support the men and women of the base and their families, Barksdale Federal now serves over 1,000 companies, associations, and churches. Committed to enhancing the economic well-being of its members, including those of modest means, Barksdale Federal's foundation remains as crucial today as it was in 1954. With assets surpassing $2.3 billion, it stands as Louisiana's largest locally-owned credit union and proudly serves Texas and Arkansas through over 30 locations.
'Barksdale Federal Credit Union has always been rooted in resilience and a deep commitment to our community. For over 70 years, we've helped our members navigate life's challenges and build financial strength,' said Patrick Gullatt, CEO of Barksdale Federal Credit Union. 'With Scienaptic's AI-driven platform, we're automating our underwriting, significantly improving efficiency, and lending with greater precision. We're seeing more approvals, delivering more personalized credit decisions, and creating a faster, smoother experience for every member we serve.'
Eric Steinhoff, EVP Client Impact at Scienaptic AI, shared, 'We are excited that Barksdale Federal Credit Union is now live on our fair and compliant AI-powered credit underwriting platform. Their commitment to smarter, faster, and fairer lending aligns perfectly with our mission. By leveraging our technology, they're not only accelerating loan approvals and enhancing decision quality, but also expanding access to credit for more members across Louisiana. We're proud to support their journey.'
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