FVSBank Partners with MANTL to Accelerate Deposit Growth with Omnichannel Account Opening
Historically, community banks have relied on relationship-driven in-branch visits to open complex accounts. However, this high-touch model naturally limits scaling velocity. By integrating MANTL’s omnichannel software directly into its core banking ledger, FVSBank can slash retail account opening times to under five minutes online and under ten minutes in-branch. This strategy removes geographic restrictions entirely, allowing the Wisconsin lender to cross-sell specialized and specialty deposit accounts across digital boundaries without expanding its physical branch footprint or scaling up operational headcount.
➤ FVSBank is partnering with MANTL (an Alkami solution) to accelerate deposit growth by modernizing its account opening process. ➤ The integration aims to significantly reduce account opening times for both retail and business customers across digital and in-branch channels, enhancing customer experience and operational efficiency. ➤ This strategic move allows FVSBank to automate compliance checks (KYC, AML, BSA) and shift branch staff towards relationship-building and advisory roles, aligning with modern banking standards for balance sheet health.
