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Empower Federal Credit Union Expands Partnership with Alkami by Selecting MANTL to Power Omnichannel Growth

(Neutral)
(Very Positive)
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partnership

Alkami (Nasdaq: ALKT) announced on March 12, 2026 that Empower Federal Credit Union selected MANTL's Onboarding & Account Opening Suite to expand its Alkami Digital Banking Platform integration. The implementation enables omnichannel retail and business account opening online, in-branch, on mobile, or in the field.

According to the company, Empower FCU expects online account opening in under 5 minutes and in-branch openings in under 10 minutes, and will add MANTL Business Account Opening to support business member growth and cross-sell opportunities.

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News Market Reaction – ALKT

-2.69%
-2.69% Session close to close

In the Mar 12 session, ALKT declined 2.69%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement extends Alkami’s strategy of using MANTL to power faster, omnichannel onboarding f...
Analysis

This announcement extends Alkami’s strategy of using MANTL to power faster, omnichannel onboarding for financial institutions. Empower Federal Credit Union plans online openings in under five minutes and in-branch in under 10 minutes, reinforcing Alkami’s focus on efficiency and member experience. Historically, similar partnership news produced modestly positive stock moves. Investors may watch for additional credit union and bank wins, integration milestones, and how these deployments support Alkami’s 2026 growth and profitability targets.

Key Figures

Online account opening time: Less than five minutes In-branch opening time: Under 10 minutes 2025 revenue: $443.6 million +4 more
7 metrics
Online account opening time Less than five minutes Empower FCU online retail account opening target
In-branch opening time Under 10 minutes Empower FCU in-branch account opening target
2025 revenue $443.6 million Full-year 2025 revenue from 10-K
2025 revenue growth 32.9% Year-over-year revenue growth in 2025
2025 net loss $47.7 million Full-year 2025 GAAP net loss
2025 ARR $480.3 million Annual recurring revenue at year-end 2025
2026 revenue guidance $525.5–$530.5 million Company’s 2026 revenue outlook

Previous Partnership Reports

5 past events · Latest: Feb 24 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Feb 24 MANTL integration deal Positive +0.8% Strategic integration with MeridianLink for POS loan application solution.
Feb 04 Credit union partnership Positive +1.7% Amplify Credit Union partnership to modernize business and retail account opening.
Jan 14 Bank partnership Positive -1.0% Citizens State Bank collaboration to unify deposit account opening.
Dec 18 Partnership milestone Positive +0.5% MANTL–Alloy partnership surpassing 2 million processed applications milestone.
Dec 16 Refinance partnership Positive +1.7% MANTL partnership with Method Financial to modernize loan refinancing workflows.

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

Pattern Detected

Partnership announcements involving MANTL have typically seen modest positive next-day moves, though occasionally with mild downside reactions.

Recent Company History

Over recent months, Alkami has repeatedly highlighted MANTL-driven partnerships to modernize account opening and digital origination. Prior deals with MeridianLink, Amplify Credit Union, Citizens State Bank, Alloy, and Method Financial all focused on automation, omnichannel onboarding, and deeper client penetration. These announcements produced mostly small positive price moves, with one negative reaction. Today’s Empower Federal Credit Union expansion continues this pattern of using MANTL to unify and accelerate retail and business account opening across channels.

Key Terms

omnichannel, digital banking platform
2 terms
omnichannel technical
"implementing MANTL's full suite of omnichannel retail and business account opening technology"
A coordinated approach to selling and serving customers across all touchpoints—stores, websites, mobile apps, social media, and call centers—so the experience feels like one continuous conversation no matter where a customer interacts. For investors, omnichannel capability signals how well a company can attract and keep customers, turn interactions into sales, and use shared customer data to cut costs and boost revenue—making it a key driver of growth and competitive strength.
digital banking platform technical
"Empower FCU leverages the Alkami Digital Banking Platform, and implementing MANTL's full suite"
A digital banking platform is the software and online services that let customers open accounts, make payments, get loans and manage money through websites or mobile apps instead of visiting a branch. For investors, it matters because a strong platform can attract and keep customers, lower operating costs, and enable new revenue streams—think of it as a bank’s digital storefront that determines how easily people use and stick with its services.

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

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The Syracuse-based credit union will implement MANTL's full Onboarding & Account Opening Suite to deliver a seamless retail and business member experience across all banking channels

PLANO, Texas, March 12, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that Empower Federal Credit Union (Empower FCU) has selected MANTL's Onboarding & Account Opening Solution to modernize its retail and business account opening experience. By expanding its partnership with Alkami, Empower FCU is accelerating member growth and advancing its omnichannel strategy.

Empower FCU leverages the Alkami Digital Banking Platform, and implementing MANTL's full suite of omnichannel retail and business account opening technology will create a seamless, end-to-end onboarding experience for members and employees from account opening through digital banking. The credit union will enable members and businesses to open accounts online, in-branch, on a mobile application (app), or in the field, supporting Empower FCU's goal of delivering a consistent, frictionless experience across every channel.

"We selected MANTL because it delivers a modern, seamless account opening experience across both online and in-branch channels," said Lori Verzillo, senior vice president, chief retail officer, at Empower Federal Credit Union. "Fully integrated with our Alkami Digital Banking Platform, this partnership creates a true omnichannel journey, simplifies onboarding, and accelerates growth—allowing us to support our members and deliver a smooth experience across every channel, meeting them where they are from the start and throughout the relationship."

This partnership reinforces the credit union's commitment to delivering fast, intuitive, and flexible experiences that meet members wherever they are. Through MANTL Retail Account Opening, Empower FCU expects to deliver online account opening in less than five minutes and in-branch openings in under 10 minutes, dramatically reducing friction while elevating the member experience. MANTL Business Account Opening will further strengthen the credit union's ability to attract, serve, and deepen relationships with business members as it expands its business banking offerings. Existing members will also be able to open additional accounts in just a few clicks, helping drive cross-sell opportunities and deepen primary financial relationships.

"Empower Federal Credit Union is taking a thoughtful, member-first approach to omnichannel origination, and Alkami is proud to support that vision," said Taylor Adkins, vice president of product management at Alkami. "By delivering a unified retail and business account opening experience within the Alkami Digital Banking Platform, Empower FCU is removing friction, strengthening its business banking capabilities, and creating a foundation for long-term member and business growth."

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

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

About Alkami
Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing—each solution can stand alone, but together they deliver more—to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action.

About Empower Federal Credit Union
Empower Federal Credit Union is a not-for-profit financial cooperative owned by and operated for its members since its founding in 1939. Empower FCU has grown to serve 300,000 members, with branch locations across Central and Western New York. To learn more, visit www.empowerfcu.com

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/empower-federal-credit-union-expands-partnership-with-alkami-by-selecting-mantl-to-power-omnichannel-growth-302711376.html

SOURCE Alkami Technology, Inc.

FAQ

What did Alkami (ALKT) announce on March 12, 2026 regarding Empower Federal Credit Union?

Alkami announced Empower Federal Credit Union selected MANTL's Onboarding & Account Opening Suite to expand its Alkami platform integration. According to the company, the solution will enable omnichannel retail and business account opening across online, in-branch, mobile, and field channels.

How fast will Empower FCU be able to open new accounts after implementing MANTL with Alkami (ALKT)?

Empower FCU expects online account opening in under 5 minutes and in-branch openings in under 10 minutes. According to the company, these timing targets aim to reduce friction and improve member onboarding efficiency across channels.

What business banking capabilities does the MANTL integration add for Empower FCU and ALKT investors?

MANTL Business Account Opening will expand Empower FCU's ability to attract and serve business members. According to the company, this capability supports deeper primary relationships and cross-sell opportunities as business banking offerings expand.

Which channels will Empower FCU support for account opening after the ALKT-MANTL rollout?

Empower FCU will support account opening online, in-branch, via mobile app, and in the field. According to the company, the integration creates a unified omnichannel journey for both retail and business members from account opening into digital banking.

What strategic benefits does Alkami (ALKT) say the MANTL integration delivers to Empower FCU?

Alkami says the integration removes onboarding friction and creates a unified retail and business account opening experience. According to the company, this foundation aims to accelerate member growth and strengthen long-term member and business relationships.