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Austin Telco Federal Credit Union Partners with MANTL to Modernize Retail Account Opening Across All Banking Channels

Austin Telco Federal Credit Union (ALKT) partnered with MANTL, an Alkami solution team, to modernize retail account opening across digital and branch channels on March 17, 2026.

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partnership

Austin Telco Federal Credit Union (ALKT) partnered with MANTL, an Alkami solution team, to modernize retail account opening across digital and branch channels on March 17, 2026. The deployment targets account openings in five minutes online and under 10 minutes in-branch, and will automate over 85% of application decisions including KYC/AML checks.

The upgrade aims to reduce manual effort, improve consistency across channels, and enhance member experience and operational efficiency.

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Positive

  • Automate over 85% of application decisions including KYC and AML
  • Enable deposit account opening in 5 minutes online
  • Reduce in-branch account opening to under 10 minutes
  • Improve cross-channel consistency and operational efficiency

Negative

  • None.
Argus Mar 17 session
+0.62% close to close Open Argus
Details

News Market Reaction – ALKT

On Mar 17, the day this news came out, ALKT closed 0.62% above the previous close.

Data tracked by StockTitan Argus for the Mar 17 session.

Market Context

This announcement underscores Alkami’s continued push to deploy MANTL for faster, automated account ...
Analysis

This announcement underscores Alkami’s continued push to deploy MANTL for faster, automated account opening at institutions like Austin Telco FCU, targeting sub-10 minute onboarding and automating over 85% of decisions. Prior partnership updates show a consistent focus on omnichannel banking, risk controls, and efficiency. Investors watching this name may track additional MANTL wins, revenue trends, and how such deployments support long-term platform adoption.

Key Figures

Branch count: 24 branches Online account opening time: 5 minutes or less In-branch account opening time: Under 10 minutes +1 more
Branch count
24 branches
Austin Telco FCU footprint mentioned in partnership
Online account opening time
5 minutes or less
Target time for online deposit account opening with MANTL
In-branch account opening time
Under 10 minutes
Target time for in-branch account opening with MANTL
Automated decisions
Over 85%
Share of application decisions automated via MANTL’s solution

Previous Partnership Reports

5 past events · Latest: Mar 12
Same Type 5 events
  1. Mar 12

    MANTL partnership win

    24h Move
    -2.7%

    Empower Federal Credit Union expanded use of MANTL’s onboarding suite for omnichannel growth.

  2. Feb 24

    Integrated POS solution

    24h Move
    +0.8%

    MANTL integrated with MeridianLink to streamline loan and deposit origination for mutual clients.

  3. Feb 04

    Credit union partnership

    24h Move
    +1.7%

    Amplify Credit Union partnered with MANTL to modernize business and retail account opening.

  4. Jan 14

    Bank partnership

    24h Move
    -1.0%

    Citizens State Bank partnered with MANTL to modernize deposit account opening across channels.

  5. Dec 18

    Partnership milestone

    24h Move
    +0.5%

    MANTL–Alloy partnership surpassed 2M applications with high automation and broad customer base.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

know your customer (kyc), anti-money laundering (aml), bank secrecy act (bsa)
3 terms
know your customer (kyc) regulatory
"automate over 85% of application decisions, including Know Your Customer (KYC), Anti-Money"
"Know your customer (KYC)" is the process financial institutions use to verify the identity of their clients before providing services. It helps prevent illegal activities like fraud or money laundering by ensuring the person they are dealing with is genuine. For investors, KYC offers reassurance that their transactions are protected and conducted with trustworthy parties.
anti-money laundering (aml) regulatory
"application decisions, including Know Your Customer (KYC), Anti-Money Laundering (AML), Bank"
Anti-money laundering (AML) is the set of laws, checks and internal controls that financial firms and other regulated businesses use to detect and stop criminals from disguising illegal money as legitimate. Like locks and ID checks at an airport, AML systems track where money comes from and who is using it to reduce fraud, corruption and financing of crime. For investors, strong AML compliance lowers the risk of heavy fines, operational disruption and reputational damage that can hurt a company’s value.
bank secrecy act (bsa) regulatory
"including Know Your Customer (KYC), Anti-Money Laundering (AML), Bank Secrecy Act (BSA)"
A law that requires banks and other financial firms to keep records, check identities and report suspicious transactions to help prevent money laundering, fraud and financing of crime. For investors it matters because firms that break these rules can face large fines, restricted operations and damaged reputations—similar to a business losing its driver’s license—so compliance affects a company’s risk profile and long‑term value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The Austin-based credit union will use MANTL to deliver a faster, more seamless account opening experience for members online and in-branch

PLANO, Texas, March 17, 2026 /PRNewswire/ -- MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a new partnership with Austin Telco Federal Credit Union (Austin Telco FCU), a 24-branch credit union headquartered in Austin, Texas. Through this partnership, Austin Telco FCU will modernize its retail account opening process across its physical and digital banking channels, giving members and applicants a seamless, digital-first account opening experience anywhere, at any time.

"At Austin Telco FCU, we are committed to meeting members where they are with a faster, more seamless account opening experience that reflects the way people bank today," said Christopher Mraz, executive vice president and chief strategy officer at Austin Telco FCU. "Partnering with MANTL will transform how we welcome and engage members across every channel, bringing greater speed, consistency, and a more modern experience from the very first interaction. Just as importantly, it strengthens our ability to mitigate risk and reduce manual effort for our teams, so staff can focus more time on delivering exceptional service and building long-term relationships."

Austin Telco FCU will leverage MANTL Retail Account Opening to transform the online account opening experience and streamline the in-branch experience for members and employees. With MANTL, Austin Telco FCU will remove friction from its current account opening process, empowering members to open a deposit account in five minutes or less online and in under 10 minutes in-branch. Existing members will also be able to open additional accounts in just a few clicks. By providing a simple and intuitive account opening experience across digital and physical channels, Austin Telco FCU will better meet member expectations and improve operational efficiency institution-wide.

"MANTL is proud to partner with Austin Telco FCU as it modernizes retail account opening to better serve today's members," said Benjamin Conant, chief product officer, Alkami and co-founder, MANTL. "By delivering a consistent, real-time experience across digital and in-branch channels, Austin Telco FCU is reinforcing its commitment to member-first banking while equipping its teams with tools that reduce friction, create deeper member relationships, and drive growth."

MANTL's Onboarding & Account Opening Solution will allow Austin Telco FCU to automate over 85% of application decisions, including Know Your Customer (KYC), Anti-Money Laundering (AML), Bank Secrecy Act (BSA) checks, product service ordering, funding, and core booking.

To learn how MANTL can transform your account opening process and empower your team, or to schedule a demo, visit here.

To learn more about Anticipatory Banking and Alkami's Digital Sales & Service Platform, visit here.

About MANTL
MANTL is an Alkami solution team that offers unified account origination technology, empowering banks and credit unions to open loan and deposit accounts seamlessly on any banking channel in real time. MANTL Deposit Origination is among the fastest and most performant solutions on the market; consumers can open a new deposit account in under five minutes, businesses can open a new deposit account in under ten minutes, and MANTL customers raise billions in core deposits. MANTL Loan Origination simplifies each step in the loan process, ensuring an intuitive, feature-rich experience from personal loans to business financing. Founded in 2016, MANTL was acquired in March 2025 by Alkami Technology, Inc. (Nasdaq: ALKT), a digital sales and service platform provider for financial institutions in the U.S. For more information, visit mantl.com or follow MANTL on LinkedIn.

About Austin Telco Federal Credit Union
Austin Telco Federal Credit Union, a $2.5 billion credit union, was founded in 1941 in accordance with the credit union philosophy of "People Helping People." As a not-for-profit, member-owned financial cooperative, the credit union is committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion in both the workforce and membership. ATFCU offers a wide range of products and services such as mortgages, credit cards, automobile loans, personal loans, free checking, money market savings, home equity loans, business loans, regular savings account, certificates and more. ATFCU fulfills its obligation to actively serve the diverse social and economic interests of the community by delivering these products and services to members through a network of convenient locations and the latest technology. With 24 locations throughout Austin and the surrounding areas, ATFCU has an ongoing commitment to be their members' primary financial institution now and for many years to come. To learn more, visit: https://www.atfcu.org/

Media Relations Contacts
Vested
alkami@fullyvested.com

Marla Pieton
marla.pieton@alkami.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/austin-telco-federal-credit-union-partners-with-mantl-to-modernize-retail-account-opening-across-all-banking-channels-302715173.html

SOURCE Alkami Technology, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Austin Telco FCU (ALKT) partnership with MANTL mean for account opening times?

Account opening will be much faster, with online applications in five minutes. According to Austin Telco FCU, the new system also targets in-branch openings in under 10 minutes, reducing friction and speeding member onboarding across channels.

How much automation will MANTL provide for Austin Telco FCU (ALKT) onboarding?

MANTL will automate a large share of decisions, exceeding 85% automation. According to MANTL, automation covers KYC, AML, BSA checks, funding, product ordering, and core booking to cut manual work.

Will the ALKT and MANTL rollout improve branch and digital consistency?

Yes — the platform delivers a consistent, real-time experience across channels. According to Alkami and Austin Telco FCU, members will see the same streamlined flows online and in-branch, improving service quality and operational predictability.

What member benefits does the ALKT and MANTL integration deliver?

Members get a simpler, faster digital-first account opening experience available anytime. According to Austin Telco FCU, existing members can open additional accounts in just a few clicks, improving convenience and engagement.

How will the ALKT partnership with MANTL affect Austin Telco FCU staff workflows?

Staff should see reduced manual effort and faster processing for applications. According to Austin Telco FCU, automation lets employees focus more on member service and long-term relationship building rather than administrative tasks.

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