What’s the ROI of online account opening? Online account opening (OAO) is a cost-effective way for banks and credit unions to build relationships with customers digitally. By making it effortless to apply for an account, your institution can ensure that a high proportion of those who start an application follow through. High-performing OAO solutions have been shown to deliver a 20% (or greater) lift in new account sign-ups, with no additional marketing spend and net-new customers representing around 60% of sign-ups. Unlike other banking software, OAO can change the math by: Expanding your institution’s reach Lowering the cost of deposits Reducing compliance overhead Minimizing fraud losses Download our white paper and see how OAO helps community institutions leverage their personalized approach to onboard new customers. Thank you! We’ll send an access link to {{lead.Email Address}}. If you don’t see the email in your inbox, please check your spam folder. We appreciate your interest in MANTL!