Credit union recognizes digital banking
platform as a significant contributor to its growth
PLANO,
Texas, Jan. 18, 2023 /PRNewswire/ -- Alkami
Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading
cloud-based digital banking solutions provider for banks
and credit unions in the U.S., today announced it has been named
AMOCO Federal Credit Union's Partner of the Year, an award
presented to one of the credit union's 200+ business partners in
recognition of outstanding positive impact on AMOCO's member
service, growth and innovation.
Alkami was selected in recognition of its partnership with AMOCO
in building a flexible and extensible digital banking solution. The
credit union went live with the Alkami Platform in 2019, and
recently completed its three-year roadmap initiative.
"We were very specific about the user experience (UX) and
capabilities we needed for our members," said Nate Ashworth, senior vice president of
operations technology at AMOCO. "Alkami not only brought a
best-in-class UX to the table, but also has the extensibility to
build in the integrations we require now and into the future."
The credit union currently has seventy-eight thousand users,
with approximately fifty-six thousand active digital banking users
leveraging many online features, such as P2P, Skip-A-Pay and more.
"We have seen tremendous growth in member traffic since
implementing the Alkami Platform," added Ashley Carner, chief operations officer of
AMOCO. "The new experience was in place when the pandemic hit,
which drove logins to one million per month. Since then, we have
consistently seen upward of 1.6 million logins per month, which we
attribute to the seamless online and mobile banking experience of
the Alkami Platform."
Since implementing the Alkami Platform, AMOCO's app rating has
grown from 3.6 to 4.9 or higher on all mobile platforms. "The
Alkami Platform has been highly successful. It has allowed us to
leverage resources to augment the branch experience and freed us up
to focus on building and strengthening relationships, which
positions us for strong future growth," added Ashworth.
"We are honored to be named AMOCO's Partner of the Year," said
Alex Shootman, Alkami's chief
executive officer. "When we say we believe in the power of
partnerships, we aren't just speaking about third party
integrations. It is our partnerships with clients like AMOCO that
push us to continually grow and develop innovative solutions to
meet the needs of their account holders."
About Alkami
Alkami Technology, Inc. is a leading cloud-based digital
banking solutions provider for financial institutions in
the United States that enables
clients to grow confidently, adapt quickly and build thriving
digital communities. Alkami helps clients transform through retail
and business banking, digital account opening and digital loan
origination, payment security, and data analytics and marketing
solutions. To learn more, visit www.alkami.com.
About AMOCO
AMOCO is one of the largest credit unions in the Houston/Galveston area, with more than 600+ local
sponsor companies and organizations and over 100,000 members
located throughout the country. AMOCO Federal Credit Union is open
to everyone who lives, works, worships, attends school, or
frequently does business within one of the 477-census tracts in
Texas.
Media Relations Contact
Marla
Pieton
marla.pieton@alkami.com
Katie Schimmel
katie@outlookmarketingsrv.com
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SOURCE Alkami Technology, Inc.