US fintech Alkami has secured two new clients, Harvard Federal Credit Union (Harvard FCU) and Citizens State Bank, for its onboarding and account opening platform Mantl.
Harvard FCU, a not-for-profit financial institution serving all Harvard affiliates, has opted for Mantl’s full suite of account opening tools to enable retail and business clients to open new deposit accounts across various banking channels, including desktop and mobile, with in-branch account opening to follow across its five branch locations in Massachusetts.
According to Kriti Modi, Harvard FCU’s chief information officer, the platform will deliver a “digital-first, frictionless account opening experience to our members”, which she predicts will “increase operational efficiencies, grow our membership base, and drive deposits”.
Meanwhile, Citizens State Bank, an Indiana-based community bank, is an existing Alkami client and currently utilises the vendor’s automated clearing house (ACH) capabilities. The bank will now also deploy Mantl’s retail online account opening solution, with subsequent “phased rollouts of retail in-branch and business account opening to follow”, Alkami says.
This initiative builds on the bank’s 2024 partnership with analytics provider Revio, aimed at enhancing client insights and delivering more personalised services.
Mantl, which claims to enable consumers to open deposit accounts in under five minutes and businesses in under ten, was acquired by Alkami in March 2025 for $400 million. Since the acquisition, the platform has also been adopted by another Massachusetts-based institution, Jeanne D’Arc Credit Union.
