Credit Union Connection

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Louisiana’s Largest Credit Union, Barksdale Federal Credit Union Selects Scienaptic’s AI-powered Credit Underwriting Platform

Scienaptic AI, a leading global provider of AI-powered credit underwriting platforms, announced today that Louisiana-based Barksdale Federal Credit Union, serving over 164,000 members, has selected its platform to expand credit access for its member community. Scienaptic’s regulatory-compliant AI platform will enable Barksdale FCU to make sharper risk predictions, automate decisions, and offer more inclusive lending to its members.

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 $2.2 billion, it stands as Louisiana's largest locally-owned credit union and proudly serves Texas and Arkansas through over 30 locations.

"Reflecting on Barksdale FCU’s 70 years of serving our community, creating meaningful products, and growing together, I’m reminded of the values that inspired our founding and continue to guide us today,” said Patrick Gullatt, CEO of Barksdale Federal Credit Union. “Adopting Scienaptic AI marks a pivotal moment in our journey. This platform aligns perfectly with our mission, enhancing our ability to provide personalized decisions and greater credit access to our members. It will also empower our dedicated underwriting team with a powerful AI to boost efficiency and tackle complex loan applications. With Scienaptic AI, we look forward to a more enriching and impactful financial journey for our entire member community."

Pankaj Jain, President and Cofounder of Scienaptic AI, said, "It’s thrilling to see Barksdale Federal Credit Union embracing our platform. This adoption positions them to enhance the member experience significantly, make AI-driven, compliant loan decisions, and manage risk effectively. We’re deeply moved by the credit union’s commitment to the 'people helping people' ethos, a mission that mirrors our own values. The commitment of esteemed institutions like Barksdale FCU to financial inclusion through AI underscores the profound impact our technology will have in creating a brighter, more equitable future for all."