Nyenta.com - Fort Sill Federal Credit Union Selects Scienaptic AI to Power Smarter, More Inclusive Lending

Trending...

TEÓNA Releases New Single "What I Want" — A Bold Anthem for Every Woman Who Once Had a Bad Love
The CRE Finance Council Announces New Chairs for Industry Forums
MetaSwap Exchange Rolls Out Multilingual Access System to Enhance Global User Experience

Credit union to unlock smarter, faster approvals and deliver deeper financial support across Oklahoma and Texas

NEW YORK - Nyenta -- Scienaptic AI, a leading provider of AI-powered credit decisioning platforms, announced today that Fort Sill Federal Credit Union, headquartered in Lawton, Oklahoma, has selected its platform to modernize credit decisioning, expand credit access, and better serve its growing member base. By leveraging Scienaptic's adaptive AI, Fort Sill FCU will deliver faster, more inclusive, and data-driven credit decisions that support the financial well-being of members across Oklahoma and Texas.

Founded in 1956 to serve the Fort Sill military base, Fort Sill Federal Credit Union has grown into a trusted financial partner for thousands of families and individuals across 14 counties in Oklahoma and 7 counties in Texas. Over the decades, the credit union has evolved from a military-focused institution into a community-first organization offering a wide range of financial solutions. With deep roots in both military and civilian populations, Fort Sill FCU is committed to providing flexible, mission-driven financial services that meet the needs of its broad and diverse membership.

More on Nyenta.com

"At Fort Sill FCU, we're constantly working to improve the lending experience and extend access to more members," said Danny Lanman, Chief Lending Officer at Fort Sill Federal Credit Union. "We selected Scienaptic because of its unique ability to deliver deeper credit insights, streamline decisioning, and support our mission of financial inclusion. Their AI platform will help us approve more members quickly and confidently."

"We're excited to partner with Fort Sill Federal Credit Union as they bring AI into their credit decisioning journey," said Patrick McElhenie, Chief Growth Officer at Scienaptic AI. "Their commitment to serving communities across Oklahoma and Texas aligns perfectly with our platform's ability to drive deeper, faster, and fairer credit decisions. We're proud to support their efforts to modernize lending while staying true to their member-first values."

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.

More on Nyenta.com

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.