FVSBank Partners with MANTL to Accelerate Deposit Growth with Omnichannel Account Opening

Rhea-AI Summary

Alkami (Nasdaq: ALKT) announced that its MANTL solution team will power a new partnership with FVSBank to modernize deposit account opening.

The bank will use MANTL’s omnichannel onboarding to enable sub-10-minute account opening, automate over 85% of application decisions, and unify digital and in-branch experiences.

News Market Reaction – ALKT

-1.35%

-1.35% Session close to close

In the May 19 session, ALKT declined 1.35%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reinforces Alkami’s focus on MANTL-powered, omnichannel account opening, promising...

Analysis

This announcement reinforces Alkami’s focus on MANTL-powered, omnichannel account opening, promising retail accounts opened online in under five minutes and automation of over 85% of application decisions including KYC/AML/BSA checks. Recent history shows multiple similar partnerships across banks and credit unions, suggesting a consistent go-to-market motion. Investors may watch for evidence of accelerated deposit growth at clients, expansion into additional institutions, and any follow-up disclosures tying these deployments to revenue performance.

Key Figures

Retail online opening time: under five minutes Retail in-branch opening time: less than 10 minutes Business online opening time: under 10 minutes +1 more

4 metrics

Retail online opening time under five minutes Targeted time for retail customers opening deposit accounts online

Retail in-branch opening time less than 10 minutes Targeted time for retail customers opening accounts in-branch

Business online opening time under 10 minutes Typical time for most business accounts opened online

Automated decisions more than 85% Share of application decisions automated including KYC/AML/BSA checks

Previous Partnership Reports

5 past events · Latest: May 13 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 13	Bank partnership	Positive	-1.3%	MANTL partnership with Sturgis Bank to modernize omnichannel account opening.
Apr 01	Credit union deal	Positive	+2.2%	MANTL collaboration with Aloha Pacific FCU to modernize and speed onboarding.
Mar 26	Bank partnership	Positive	+2.1%	Rhinebeck Bank partnership using MANTL for automated omnichannel account opening.
Mar 19	Platform launch	Positive	-2.8%	Clear Mountain Bank launch of Alkami Digital Banking and Data & Marketing.
Mar 17	Credit union deal	Positive	+0.6%	Austin Telco FCU partnership with MANTL to modernize retail account opening.

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

Pattern Detected

Partnership announcements have produced mixed reactions, with both positive and negative moves around generally positive news.

Recent Company History

Over recent months, Alkami has repeatedly highlighted partnership-driven growth, particularly via its MANTL solution team. Prior announcements with banks and credit unions focused on omnichannel onboarding, faster account opening, and high automation of KYC/AML/BSA checks. Price reactions to these partnership releases ranged from about -2.76% to +2.17%, showing no consistent directional pattern. Today’s FVSBank partnership continues this strategy of modernizing deposit account opening and operational efficiency for financial institutions.

Key Terms

know your customer (kyc), anti-money laundering (aml), bank secrecy act (bsa)

3 terms

know your customer (kyc) regulatory

"automate more than 85% of application decisions, including Know Your Customer (KYC), Anti-Money Laundering"

"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

"including Know Your Customer (KYC), Anti-Money Laundering (AML), and Bank Secrecy Act (BSA) checks"

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

"Anti-Money Laundering (AML), and Bank Secrecy Act (BSA) checks, as well as product setup"

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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Wisconsin-based bank will unify digital and in-branch account opening journeys to streamline operations and deliver faster, more intuitive account opening for business and retail customers

PLANO, Texas, May 19, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a new partnership between MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, and FVSBank, a mutual bank headquartered in Fond du Lac, Wisconsin. Through this partnership, MANTL will help FVSBank modernize its deposit account opening process for business and retail customers to accelerate deposit growth, elevate customer and employee experiences, and streamline operations across the institution.

With the full omnichannel suite of MANTL Onboarding & Account Opening solutions, FVSBank will deliver a seamless, consistent account opening experience across both digital and in-branch channels. Retail customers will be able to open deposit accounts online in under five minutes and in-branch in less than 10 minutes. Business customers will benefit from similarly efficient experiences, with most accounts opened online in under 10 minutes and a simplified in-branch process.

A key priority for the bank is expanding digital product availability, enabling customers to open all deposit account types—including specialty accounts—anytime, anywhere. By integrating MANTL with its core, FVSBank will support real-time account opening while simplifying back-office operations. The result is a unified experience that meets customers where they are and drives higher conversion and deposit growth.

"Today's customers expect banking to be simple, fast, and available on their terms," said Ryan Galligan, chief operations officer at FVSBank. "With MANTL, we're delivering an account opening experience that works seamlessly online and in-branch, reduces friction, and gets customers up and running quickly. Just as importantly, it helps our teams spend less time on manual tasks and more time building real relationships—supporting growth while delivering a modern banking experience."

With MANTL, FVSBank will be able to automate more than 85% of application decisions, including Know Your Customer (KYC), Anti-Money Laundering (AML), and Bank Secrecy Act (BSA) checks, as well as product setup, funding, and core booking, reducing manual intervention and increasing operational efficiency.

"MANTL is excited to partner with FVSBank to deliver a modern, truly omnichannel account opening experience across its physical and digital banking channels," said Benjamin Conant, chief product officer, Alkami. "Their commitment to meeting customers wherever they choose to bank aligns with our focus on reducing friction, improving conversion, and creating a more efficient experience for both customers and employees."

To learn how MANTL can transform your account opening process and empower your team, or to schedule a demo, click 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 FVSBank
FVSBank is a trusted mutual bank committed to providing personalized banking solutions for individuals, families, and businesses. With a focus on fostering strong relationships, we aim to help our customers achieve financial success while strengthening the communities we serve.

Media Relations Contacts
Vested
alkami@fullyvested.com

Marla Pieton
marla.pieton@alkami.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/fvsbank-partners-with-mantl-to-accelerate-deposit-growth-with-omnichannel-account-opening-302775235.html

SOURCE Alkami Technology, Inc.

FAQ

What did Alkami (NASDAQ: ALKT) announce about its partnership with FVSBank on May 19, 2026?

Alkami announced a partnership where its MANTL solution will modernize FVSBank’s deposit account opening. According to Alkami, MANTL will provide an omnichannel onboarding platform to streamline digital and in-branch processes for both retail and business banking customers.

How will MANTL’s omnichannel account opening benefit FVSBank customers and staff?

The partnership enables faster, more consistent account opening across digital and branch channels. According to Alkami, this reduces manual tasks, simplifies back-office operations, and lets staff focus more on customer relationships while customers gain quicker, more intuitive onboarding experiences.

How quickly can FVSBank customers open accounts using MANTL technology?

Retail customers can open deposit accounts online in under five minutes and in-branch in less than 10 minutes. According to Alkami, most business accounts will be opened online in under 10 minutes with a simplified in-branch process.

What level of automation will FVSBank gain from the MANTL partnership?

FVSBank will be able to automate more than 85% of application decisions. According to Alkami, this automation covers KYC, AML, and BSA checks, as well as product setup, funding, and core booking to boost operational efficiency.

How does the Alkami and FVSBank deal support digital banking and specialty accounts?

The integration focuses on expanding digital product availability, including specialty deposit accounts. According to Alkami, customers will be able to open all deposit account types anytime, anywhere, supported by real-time account opening and a unified digital and in-branch experience.

What is the strategic goal of FVSBank in adopting MANTL via Alkami?

FVSBank aims to accelerate deposit growth and improve customer and employee experiences. According to Alkami, the unified omnichannel platform is intended to increase conversion, streamline operations, and meet customers wherever they choose to bank.