NEW YORK, NY – Aug. 23, 2022 – MANTL, a leading provider of account origination solutions, today announced its expansion into the credit union market with MANTL for Credit Unions. Custom built with the member experience in mind, MANTL provides omnichannel consumer and business deposit origination platforms that automate up to 97% of application decisions to help credit unions grow their member base and scale efficiently.
MANTL partnered with Alliant Credit Union, a $17B digital financial institution, to create an automated omnichannel deposit origination solution that is built specifically for credit unions. MANTL for Credit Unions optimizes three key aspects of the member experience at the point of origination: speed, simplicity and security. With the MANTL platform, Alliant Credit Union:
“The MANTL team is working right alongside us to meet our objectives, both short-term and long-term, and together we have built a next-level digital front door,” says Sumeet Grover, Chief Digital and Marketing Officer at Alliant Credit Union. “MANTL is a true partner. They understand our business model. And they offer the kind of expertise and insight that will help us innovate and grow in the years to come.”
With MANTL for Credit Unions, consumers and businesses can efficiently open accounts online, in-branch or in the field while staff retains full visibility into their progress. The Consumer Deposit Origination solution empowers new applicants to originate checking, savings, CD money market and minor accounts in under three minutes and existing members can open a new share account in just one click. The Business Deposit Origination solution customizes workflows for businesses of all sizes and complexities, and employees can request information from business owners and authorized signers at any point in the process – online, in-branch or on the go.
“Credit unions are renowned for delivering white-glove member experiences and it’s important in today’s digital-first banking landscape to ensure that curated experience extends to digital channels,” said Nathaniel Harley, co-founder and CEO of MANTL. “With our development partner Alliant, we examined every step in the member onboarding process, from eligibility requirements to real-time KYC decisioning, to create a frictionless, cost-effective, and high-value solution that is purpose-built for credit unions.”
MANTL integrates with every major core banking system and allows credit unions to customize the member experience with a white-labeled, codeless Digital Branch Manager. Key features of MANTL for Credit Unions include:
For more information or to schedule a demo, please visit MANTL for Credit Unions.
MANTL is a financial technology firm offering omnichannel account origination software for banks and credit unions. Consumer Deposit Origination by MANTL is among the fastest and most performant solutions on the market, empowering net-new prospects to open accounts in under three minutes, enabling existing account holders to open additional accounts with just one click, and reducing fraud by as much as 67%. Business Deposit Origination by MANTL is a first-of-its-kind solution that reimagines account opening for businesses of all sizes by automating up to 97% of application decisions. MANTL’s customers have raised billions in core deposits to date. Founded in 2016, MANTL is a privately held company headquartered in New York with the backing of prominent venture capital investors. For more information, visit mantl.com.
About Alliant Credit Union
Alliant is one of the largest credit unions in the nation, serving over 700,000 members nationwide with more than $17 billion in assets. As a fully digital, not-for-profit financial institution, Alliant rewards its members by offering high savings and checking rates, low loan rates, rich credit card rewards and fewer fees. Find out more at alliantcreditunion.org. Insured by NCUA. Equal housing opportunity lender.
Jackie Daane, Sr. PR Manager
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