FVSBank Teams Up with MANTL to Enhance Deposit Growth and Account Opening Experience

FVSBank Partners with MANTL to Enhance Deposit Growth

In an innovative move to streamline its operations and optimize customer experiences, FVSBank has entered into a partnership with MANTL, a leading provider of account opening technology. This collaboration marks a significant step forward for the Wisconsin-based bank as it seeks to modernize its deposit account opening processes for both retail and business customers, thereby accelerating deposit growth.

The Partnership Overview

Announced on May 19, 2026, the partnership combines FVSBank's commitment to providing personalized banking solutions with MANTL’s industry-leading technology, which facilitates efficient loan and deposit account openings. With MANTL’s diverse suite of omnichannel account opening solutions, FVSBank aims to offer a seamless experience for clients—both online and in-branch.

One of the standout features of this collaboration is the shortened account opening times. Retail customers can now expect to open deposit accounts online in under five minutes, while in-branch openings take less than ten minutes. Business customers are also set to benefit significantly, with online accounts being opened in under ten minutes and a simplified in-branch process designed for efficiency.

Enhanced Customer Experience

In today’s fast-paced digital age, customers demand banking services that are swift, accessible, and straightforward. Recognizing this, Ryan Galligan, Chief Operations Officer at FVSBank, highlights that the integration with MANTL is intended to provide an account opening experience that is both fast and frictionless, thereby enhancing customer satisfaction. This modernization allows FVSBank's teams to focus on relationship building, reducing manual workloads and enabling staff to attend to customers more effectively.

Through this partnership, FVSBank is also prioritizing the expansion of its digital product offerings. Customers will be able to access a complete range of deposit accounts—including specialty accounts—at any time, from anywhere. This commitment to providing flexible banking solutions is critical for meeting the evolving needs of customers in 2026 and beyond.

Streamlined Operations

The partnership with MANTL goes beyond merely enhancing customer experiences; it is also set to improve FVSBank's operational efficiency significantly. By automating more than 85% of application decisions, including compliance checks such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, FVSBank can minimize manual interventions. This level of automation is expected to lead to faster processing times, allowing the bank to manage its operations more effectively while continuing to serve its clients with high-quality service.

Benjamin Conant, Chief Product Officer at Alkami, emphasized the importance of FVSBank’s commitment to meeting customers where they choose to bank. He stated that this partnership aligns with both organizations' goals of reducing friction and improving banking operations, thereby creating more efficient experiences for clients and banking personnel alike.

Future Prospects

As the landscape of banking continues to evolve with advancing technology, partnerships like that of FVSBank and MANTL signal a broader trend toward modernization in the financial services sector. By integrating state-of-the-art technology with customer-focused banking solutions, FVSBank is not only enhancing its current operational structures but is also preparing for the future shifts in customer engagement and service delivery.

In conclusion, the partnership between FVSBank and MANTL is a significant leap towards reimagining the banking experience through technology. By streamlining account openings and enhancing operational efficiency, this collaboration positions FVSBank as a forward-thinking institution ready to meet the needs of its diverse clientele in an increasingly digital world.

For institutions looking to transform their own account opening processes, exploring MANTL's offerings might be the gateway to a modern banking approach that prioritizes customer experience and operational efficiency.