By leveraging one solution for account opening across all of its banking channels, the Kentucky-based credit union will enhance its member experience, improve operational efficiency, and unlock deposit and member growth
Lexington, Kentucky – April 28, 2025 – University of Kentucky Federal Credit Union, a $1.5b credit union serving Kentucky, today announced a partnership with MANTL, a leading provider of account origination solutions, to enhance its business and consumer account opening experience across all banking channels. Implementing a modern account opening solution that can serve all its clients across all banking channels is a strategic move by the University of Kentucky Federal Credit Union to enhance the member experience, unlock growth, and optimize institution-wide efficiency.
The University of Kentucky Federal Credit Union will leverage Consumer Deposit Origination by MANTL to transform the online account opening experience and streamline the in-branch experience for members and employees. With MANTL, the University of Kentucky Federal Credit Union will eliminate friction from its current account opening process, enabling members to open a new deposit account in under three minutes online or within 10 minutes in-branch, providing a superior experience. By serving a wider audience of consumers across digital channels and providing a simple and intuitive account opening experience, the University of Kentucky Federal Credit Union will be better positioned to reach its deposit and member growth goals for 2025.
Business Deposit Origination by MANTL will allow the University of Kentucky Federal Credit Union to better attract, serve, and deepen relationships with businesses across Kentucky. Businesses of all sizes will be able to seamlessly and securely open a new business account on any device or any channel, including online, on a mobile app, in-branch, or in the field. Adaptive workflows and automated, real-time decisioning on the MANTL platform will reduce friction in the application process and keep operations streamlined, so the University of Kentucky Federal Credit Union can better focus on serving the needs of its business members.
“We’re proud to partner with MANTL to bring both current and prospective members a streamlined and intuitive online account opening experience,” said Eddie Sorrell, CIO at University of Kentucky Federal Credit Union. “This collaboration reflects our ongoing commitment to providing the digital convenience today’s consumers expect — without compromising the personal service that defines the UKFCU experience.”
By integrating MANTL with its Jack Henry Symitar core, the University of Kentucky Federal Credit Union will now be able to automate over 85% of deposit application decisions, including KYC, AML, BSA, product service ordering, funding, and core booking, to create efficiencies and keep manual processes to a minimum.
“University of Kentucky Federal Credit Union is setting a new standard for digital transformation in the region, and MANTL is honored to be part of that journey,” said David Carlson, VP of Sales at MANTL. “As the first credit union in Kentucky to partner with MANTL, UKFCU is demonstrating real leadership in delivering seamless, modern account opening experiences that meet the evolving needs of both consumers and businesses.”
For more information on the University of Kentucky Federal Credit Union and to view current deposit offerings, please visit: https://ukfcu.org/
For more information on MANTL or to schedule a demo, please visit: mantl.com/request-a-demo/.
About MANTL
MANTL is a financial technology firm offering the industry’s first Relationship Banking Platform. MANTL’s unified account origination technology empowers banks and credit unions to seamlessly open loan and deposit accounts 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 three minutes, businesses can open a new deposit account in under 10 minutes, and MANTL customers raise billions in core deposits each month. MANTL Loan Origination simplifies each step in the loan process, automating up to 100% of loan application decisions to ensure a smooth, high-quality experience from personal loans to business financing. Founded in 2016, MANTL is a privately held company headquartered in New Jersey with the backing of prominent venture capital investors. For more information, visit mantl.com or follow MANTL on LinkedIn.
About University of Kentucky Federal Credit Union
UK Federal Credit Union (UKFCU) has been proudly serving the University of Kentucky and Central Kentucky since 1937 and now has more than $1.50 billion in total assets. UKFCU is a full-service financial institution offering a wide assortment of products and services, including checking and savings accounts, mortgage, auto, and commercial loans, as well as investment services. For more information about how to join UK Federal Credit Union, visit www.ukfcu.org.
