$138M in Deposits, 300% Account Growth for Credit Union Using Alkami's MANTL
Summary
Alkami's MANTL solution helped Dupaco Community Credit Union achieve a 300% increase in new online retail accounts and raise over $138 million in deposits. The credit union also saved over 4,194 staff hours by streamlining account opening processes. This strong customer success story validates Alkami's digital platform, demonstrating its ability to drive significant growth and operational efficiency for financial institutions. It reinforces the positive sentiment around Alkami's product market fit, following the company's robust Q1 results and recent insider buying.
At the time of this announcement, ALKT was trading at $15.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $14.11 to $31.08. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.