Six minutes is the new consumer loan account opening time at Atlantic Federal Credit Union, down from two days, after the institution deployed MANTL Loan Origination from Alkami Technology (Nasdaq: ALKT). Atlantic Federal is the first credit union to go live on the platform, per an announcement dated July 8, 2026. The arithmetic: two days equals 2,880 minutes, making the six-minute result a 480-to-one compression of the origination window.
Three metrics from the rollout
| Metric | Result |
|---|---|
| Consumer loan account opening time | 2 days → 6 minutes |
| Personal loan submission rate | 80% |
| Booked personal loans, document collection eliminated | 67% |
The 80% submission rate is the share of applicants who start and complete a personal loan application on MANTL. For 67% of booked personal loans, document collection is fully automated: the platform pulls the required data without manual staff intervention. The source provides no prior-period submission rate, so the baseline comparison on that metric is unavailable.
The structural change in origination
MANTL Loan Origination automates membership enrollment alongside the loan application itself. Membership enrollment is a prerequisite for borrowing at a credit union. Merging both into a single automated flow is the structural change the platform makes to the origination process, not an acceleration of existing steps.
First mover and what it signals for ALKT
Atlantic Federal's deployment gives Alkami a reference installation in the credit union market. As the first institution on the platform, Atlantic Federal's three reported metrics become the proof point Alkami will use when selling MANTL to other credit unions. Alkami Technology is listed on the Nasdaq under the ticker ALKT and is headquartered in Plano, Texas. Pricing was not disclosed.