Nutmeg State Financial Credit Union taps Alkami for digital banking upgrade
Nutmeg State Financial Credit Union has teamed up with Texas-based banking tech vendor Alkami Technology to revamp its digital banking services.
Alkami signs Nutmeg State Financial Credit Union as a new client
The credit union, the sixth-largest in Connecticut, US, has selected Alkami for its Digital Banking Platform to provide its members with “a wide range of online and mobile banking services, ranging from account aggregation, and financial wellness education and services”.
Alkami says Nutmeg State Financial Credit Union will leverage the platform to offer “advanced account management features such as instant loan payments, powerful account monitoring and payment options”.
Furthermore, the vendor states that the lender will now gain access to enhanced data and analytics that will enable it to better understand member behaviour, leading to “new avenues” to personalise customer experience.
Greg Angelillo, CEO at Nutmeg State Financial Credit Union, says the strategic move comes “after nearly two years of planning and a thorough review”, with the lender applying a “rigorous scoring methodology” when selecting Alkami’s solution.
Founded in 2009, Alkami provides financial institutions with a comprehensive suite of cloud-based solutions focused on three primary areas: digital banking, data and marketing and ACH reporting.
Nutmeg State Financial Credit Union joins a recent wave of client wins for the vendor, which includes Massachusetts’ IC Credit Union, Elevations Credit Union in Colorado and Montana’s Intrepid Credit Union.
