United Financial Credit Union, a member-focused institution based in Saginaw, Michigan, has partnered with Algebrik AI to implement its cloud-native, AI-powered Algebrik One lending suite. This collaboration aims to transform the credit union’s lending and account opening processes, offering a seamless, digital-first experience for its over 25,000 members across the Great Lakes Bay region.
United Financial Credit Union adopts Algebrik One for digital lending.
Algebrik One includes Digital Account Opening, LOS, and AI Decision Engine.
Reduces loan processing time by 40% and abandonment rates by 90%.
Enhances member experience with approvals in under 5 minutes.
Strengthens compliance with built-in audit trails and regulatory logic.
Targets Gen Z with personalized, omnichannel lending journeys.
Algebrik One, the world’s first cloud-native, AI-powered Loan Origination System (LOS), integrates modules like Digital Account Opening, Lender’s Cockpit, Omni-channel Point-of-Sale (POS), AI Decision Engine, and Portfolio Analytics. This modular platform delivers a 90% reduction in abandonment rates and a 40% decrease in processing time, enabling loan officers to focus on complex cases and member engagement. “This isn’t just about agentic AI based automation—it’s about transforming the lending experience from the ground up,” said Pankaj Jain, Founder & CEO of Algebrik AI.
The Algebrik One suite offers a frictionless experience across web, mobile, and in-branch channels. Its Digital Account Opening module uses micro-journeys with real-time ID verification and dynamic eligibility checks to streamline onboarding. “For us, this wasn’t just about digitizing lending—it was about choosing a partner that understands where the future of lending is headed,” said Barbara Appold, President & CEO of United Financial Credit Union. The platform’s omnichannel POS ensures consistent borrower experiences, particularly appealing to Gen Z members seeking speed and simplicity.
Algebrik’s no-code AI Decision Engine allows business users to create and test underwriting strategies without IT involvement, improving approval speeds and consistency. Integrated analytics provide real-time portfolio insights, while embedded regulatory logic and audit trails ensure compliance with evolving standards. “At United Financial, our members expect speed, simplicity, and support—and we’re all in on delivering it,” said Josh Sawyer, Chief Lending Officer at United Financial Credit Union.
As one of Algebrik AI’s first 10 elite early adopters, United Financial Credit Union is positioned to leverage cutting-edge technology to enhance member relationships and operational efficiency. “What began as a solutioning conversation has quickly evolved into real collaboration—built on mutual trust and shared goals,” said Andrea Silvers, VP of Business Development & Partnerships at Algebrik AI. With a 30–40% increase in Look-to-Book ratios and same-day funding for unsecured loans, the partnership sets a new standard for credit union lending.
This collaboration underscores United Financial Credit Union’s commitment to innovation and member service, leveraging Algebrik One to deliver faster, smarter, and more inclusive lending solutions while maintaining the personal touch its community values.
Algebrik AI, headquartered in New York City, is the world's first cloud-native, AI-powered Loan Origination System (LOS), designed for the next generation of members. In an industry that hasn't seen significant innovation in lending technology in over 25 years, it was high time that someone stepped in to help credit unions of all sizes regain their former glory. Algebrik AI's mission is to empower credit unions to attract, engage, grow, and retain next-gen members while staying competitive in today's digital era. By transforming loan originations end-to-end, Algebrik AI takes on the heavy lifting, allowing credit unions to focus on helping the members & communities they serve.
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