Michigan, US-based Family Financial Credit Union has teamed up with fintech start-up Algebrik AI to enhance its digital lending processes.

Established in 1942, Family Financial Credit Union serves communities across multiple Michigan counties through four branches and numerous shared locations, offering bank accounts, loans, debit cards, mortgages, and Visa-powered credit cards.

The partnership will see the credit union implement Algebrik AI's digital loan origination suite Algebrik One, which provides a set of agentic AI-powered solutions covering the entire lending lifecycle, including digital account opening, multi-channel point-of-sale functionality, an AI decision engine, and analytical tools for portfolio management.

In addition, the cloud-native platform offers pre-built integration with major core banking systems and service providers to provide real-time validation of borrower accounts and funding confirmation.