Algebrik taps Family Financial AI for Smarter, Faster Lending

By Vriti Gothi

Algebrik AI, has been selected by Family Financial Credit Union to drive a comprehensive digital transformation of its lending and onboarding operations.

Through this strategic partnership, Family Financial Credit Union will deploy the complete Algebrik ONE platform including Digital Account Opening, Lender’s Cockpit (LOS), Omnichannel Point-of-Sale (POS), AI Decision Engine, and Portfolio Analytics to deliver faster, smarter, and radically member-centric lending journeys across digital and physical channels.

Purpose-built for the digital era, Algebrik ONE leverages agentic AI to not only guide but autonomously execute lending workflows with speed, precision, and compliance. Its modular, cloud-native architecture delivers transformative outcomes reducing application abandonment by 90%, accelerating loan processing by 40%, boosting Look-to-Book ratios by up to 40%, and enhancing the member experience with approvals in under five minutes and same-day funding.

Algebrik ONE offers a suite of intelligent, modular capabilities tailored to the evolving needs of today’s financial institutions. From personalised digital account opening journeys and a no-code decision engine that empowers business users, to an omnichannel POS that unifies web, mobile, and in-branch experiences the platform is built for both operational efficiency and member engagement. With features like smart document and stipulation management, embedded analytics, real-time Core system integration, and audit-ready access controls, Algebrik ONE ensures end-to-end intelligence, compliance, and configurability. Its modular deployment approach further allows institutions to scale flexibly, activating specific capabilities as needed for faster, more strategic transformation.

Pankaj Jain, Founder & CEO of Algebrik AI, said, “Family Financial’s commitment to speed, inclusion, and service excellence echoes our own DNA. They’ve consistently shown what it means to be a modern credit union, grounded in community, yet ambitious in innovation. In a world where legacy systems continue to bottleneck progress, we’re proud to equip institutions like Family Financial with a platform purpose-built for transformation. With Algebrik ONE, they gain not just embedded AI and smart workflows, but a future-proof foundation for delivering faster credit, deeper insight, and more meaningful member relationships. This is how lending should feel in the digital era: intelligent, human, and limitless.”

Deb Dietz, Chief Executive Officer of Family Financial Credit Union, said, “We’ve always believed in blending high-tech with high-touch. Whether it’s through initiatives like Quick247 or personalized account rewards, we’ve continuously evolved to meet members where they are. With Algebrik AI, we’re not just upgrading our tech stack; we’re redefining the speed, simplicity, and personalization of lending for the communities we serve. We truly believe Algebrik ONE gives us the agility to meet every member moment with intelligence, speed, and empathy.”