Mountain America CU chooses digital banking platform from Alkami
Utah-based Mountain America Credit Union (MACU), with $6.7 billion in assets, will deploy a new digital banking platform courtesy of Alkami Technology, reports Finovate (Banking Technology‘s sister company).
The new platform will integrate with Mountain America CU’s existing core system and enable the 650,000 member institution to provide a variety of digital banking services including billpay and PFM. “With our growing number of account holders, Alkami’s platform will enable us to deliver unique products and features that will set us apart, giving us a true competitive edge,” says Kelly Albiston, SVP of digital banking at Mountain America CU.
Once deployed, Mountain America will be able to customise its new digital banking experience by creating its own apps and products. The platform includes a fully-hosted business intelligence technology with analytics and reporting, marketing, and educational content.
“Mountain America Credit Union recognises (the) shift in consumer preferences to interact digitally in a way that is convenient, straightforward and intuitive,” adds Stephen Bohanon, founder, chief strategy and sales officer for Alkami Technology.
Mountain America CU maintains 88 branches in five states, thousands of shared branch locations around the country, and more than 50,000 surcharge-free ATMs.
MACU is the second big credit union partnership Alkami has forged this summer. In June, the company inked a deal with Sandia Laboratory Federal Credit Union ($2.4 billion in assets; 84,000 members), the largest credit union in New Mexico, to deploy Alkami’s ORB digital banking platform.
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