Heritage Valley Federal Credit Union Goes Live With Scienaptic's AI-Powered Credit Decisioning Platform
AI Decisioning is projected to increase loan approvals and speed and automation of decisions
By: Scienaptic AI
Established in 1935 in York, Pennsylvania, Heritage Valley Federal Credit Union (HVFCU) has since grown to $112 M in assets serving over 13,000 members across the state. For decades the credit union has been serving the PA local community by providing low-cost banking services, competitive loan products, and financial education to our members. HVFCU offers a variety of services, including checking and savings accounts, loans, mortgages, and credit cards. The credit union also places a strong emphasis on financial education and offers resources and tools to help members manage their money and make informed financial decisions.
"Helping people financially is what we do here at Heritage Valley Federal Credit Union, and we would not have it any other way," Jeremey Sterner, VP of IT at Heritage Valley FCU. "Offering competitive loan products has been our hallmark since our inception and by implementing Scienaptic's platform, we have elevated our services even further. This platform is a game-changer for credit unions and their members, making credit decisions efficient and hassle-free. We are now making regulatory compliant loan decisions within seconds, increasing credit access to our underserved members and creating a memorable credit experience for our community."
"We are thrilled to announce the successful implementation of our AI platform at Heritage Valley Federal Credit Union, revolutionizing their loan decision process and elevating their members' experience,"
About Scienaptic AI
Scienaptic AI's mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Credit unions, auto lenders, banks, and fintechs, use Scienaptic's AI native credit decisioning platform to continually improve the quality and speed of their underwriting decisions.
Scienaptic-enabled lenders have processed more than 300 million transactions, benefitting millions of borrowers. For more information, visit http://www.scienaptic.ai