Alkami's MANTL Cuts Atlantic FCU Loan Opening Time to Six Minutes, Boosts Submissions by 80%
ALKT•Alkami’s MANTL Loan Origination helped The Atlantic FCU cut consumer loan account opening from two days to six minutes and eliminate manual document collection for 67% of personal loans. The platform achieved an 80% application submission rate and automated membership enrollment, signaling scalable digital lending growth for Alkami.
1. First Credit Union Deployment
The Atlantic Federal Credit Union became the inaugural MANTL Loan Origination partner, integrating consumer lending, membership enrollment, and deposit account opening into a single digital workflow for seamless user experience.
2. Significant Process Accelerations
Through the platform, the credit union reduced loan account opening from two days to six minutes, achieved an 80% personal loan application submission rate, and eliminated manual document collection for 67% of loans.
3. Growth and Market Impact
This deployment validates Alkami’s digital banking strategy, showcasing scalability in automating loan origination and reinforcing its potential to drive increased platform adoption and recurring subscription revenue.
