Connexus Credit Union renews with Alkami for a second time, doubling down on a decade of Digital Banking. Connexus Credit Union has signed its second renewal with Alkami Technology, Inc. (Nasdaq: ALKT), extending a partnership that began more than ten years ago when Connexus was one of the digital banking provider's earliest customers. Alkami, which provides a digital sales and service platform to U.S. financial institutions, announced the news today. For Connexus, the renewal is about keeping a flexible digital foundation that can change as member expectations and business priorities change. A platform, plus room to build. Connexus uses Alkami's Digital Banking Platform to deliver personalized member experiences while pursuing goals in digital engagement, lending, and relationship growth. It also uses Alkami's software development kit (SDK), a set of tools that lets a team build its own features on top of the platform, to create custom experiences for its members and products. "Connexus selected Alkami because we wanted a strategic technology partner that could support our long-term vision," said Laura Huggins, senior vice president of marketing at Connexus. "More than a decade later, that remains true. Alkami gives us a reliable foundation for the everyday member experience while providing the flexibility to build capabilities unique to Connexus and continue advancing our digital strategy. That's why renewing our partnership was a natural decision." Between the platform and the SDK, Connexus has rolled out Snapshot, account alerts, internal and external transfers, and card management. It also built an Xtraordinary Checking progress tracker to set its digital banking apart. These tools help members handle everyday money tasks, and they make the value of Connexus products easier to see inside the app. The results so far. The digital strategy is showing up in the numbers: * Loan growth: 38% of lending application volume year-to-date comes through digital banking, up from 16% in 2020. * Funding: 41% of total loan funding year-to-date comes through digital banking, compared with 12% in 2020. * Product adoption: Digital banking users hold about 17% more products per member than the average Connexus account holder. * Satisfaction: Organizational Net Promoter Score (NPS) rose from 42.3 in 2022 to 58 in 2025. Digital banking NPS climbed from 31.1 to 52.7 over the same period. * Engagement: The mobile app holds a 4.72 blended rating, including more than 14,000 Apple App Store ratings. "Connexus demonstrates what is possible when a financial institution combines deep member knowledge, internal innovation, and a long-term technology partnership," said Wayne McCulloch, chief customer officer at Alkami. "Connexus' continued investment in digital banking is helping create more convenient member experiences while supporting meaningful business outcomes across engagement, lending, and relationship depth. We are proud to continue working alongside Connexus as they build what comes next." Turning car loans into relationships. Alkami has published two resources on the partnership. A case study looks at how Connexus uses the platform and SDK to innovate from within, build custom member experiences, and support its wider digital strategy. A companion whitepaper, "Expanding the Relationship Beyond the Indirect Loan," examines how institutions like Connexus can turn borrowers into deeper relationships. Huggins explained the challenge. "Indirect borrowers often did not intentionally choose Connexus Credit Union as their financial institution," she said. "They chose a car or another financial need, and Connexus became the lending partner that helped meet that need. We have to earn the opportunity to build a broader relationship by providing a simple, reliable, and relevant experience from the beginning." To earn that opportunity, Connexus uses new member onboarding, digital banking enrollment, convenient loan payments, targeted email and advertising campaigns, personalized in-app messaging, and internally developed next-best-product recommendations. Each one gives members another reason to adopt more products and services. After more than a decade, Connexus and Alkami are still building on the same foundation.

Connexus Credit Union renews and expands longstanding partnership with Alkami to advance Digital Banking and grow member relationships. Oct 27, 2026, 10:00 ET Second renewal reflects Connexus' continued commitment to digital innovation, leveraging Alkami's SDK to extend its development capabilities and deliver personalized member experiences PLANO, Texas, Oct. 27, 2026 /PRNewswire/ - Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today highlighted the continued success of its longstanding partnership with Connexus Credit Union (Connexus). One of Alkami's earliest customers, Connexus has renewed its partnership with Alkami for a second time, reaffirming its commitment to a flexible digital banking foundation that can evolve alongside member expectations and business priorities. More than a decade after the partnership began, Connexus continues to use Alkami's Digital Banking Platform to deliver intuitive, personalized member experiences while supporting broader organizational goals around digital engagement, lending, and relationship growth. Connexus is also using Alkami's software development kit (SDK) to create custom digital experiences tailored to the credit union's members and products. "Connexus selected Alkami because we wanted a strategic technology partner that could support our long-term vision," said Laura Huggins, senior vice president of marketing at Connexus Credit Union. "More than a decade later, that remains true. Alkami gives us a reliable foundation for the everyday member experience while providing the flexibility to build capabilities unique to Connexus and continue advancing our digital strategy. That's why renewing our partnership was a natural decision." Through its use of Alkami's Platform and SDK, Connexus has leveraged digital capabilities including Snapshot, account alerts, internal and external transfers, card management, and created an Xtraordinary Checking progress tracker to further differentiate its digital banking platform. These experiences help members manage everyday financial activities while making the value of Connexus' products more relevant and visible within digital banking. Connexus' digital strategy is also contributing to measurable business results: * Accelerated loan growth: 38% of lending application volume year-to-date comes through digital banking, up from 16% in 2020. * Increased funding amount: 41% of total loan funding year-to-date comes through digital banking, compared with 12% in 2020. * Deeper product adoption: Digital banking users hold approximately 17% more products per member than the average Connexus account holder. * Improvement in member satisfaction: Connexus' organizational Net Promoter Score (NPS) increased from 42.3 in 2022 to 58 in 2025, while digital banking NPS increased from 31.1 to 52.7 over the same period. * Elevated engagement: Connexus' mobile application has a 4.72 blended rating, including more than 14,000 Apple App Store ratings. "Connexus demonstrates what is possible when a financial institution combines deep member knowledge, internal innovation, and a long-term technology partnership," said Wayne McCulloch, chief customer officer at Alkami. "Connexus' continued investment in digital banking is helping create more convenient member experiences while supporting meaningful business outcomes across engagement, lending, and relationship depth. We are proud to continue working alongside Connexus as they build what comes next." The expanded partnership story is featured in two recent resources from Alkami. The first case study explores how Connexus uses Alkami's Digital Banking Platform and SDK to innovate from within, create custom member experiences, and support its broader digital strategy. The companion whitepaper, "Expanding the Relationship Beyond the Indirect Loan," examines how financial institutions, like Connexus, can transform borrowers into deeper relationships. "Indirect borrowers often did not intentionally choose Connexus Credit Union as their financial institution," Huggins said. "They chose a car or another financial need, and Connexus became the lending partner that helped meet that need. We have to earn the opportunity to build a broader relationship by providing a simple, reliable, and relevant experience from the beginning." Through new member onboarding, digital banking enrollment, convenient loan payments, targeted email and advertising campaigns, personalized in-app messaging, and internally developed next-best-product recommendations, Connexus is creating more opportunities to deepen adoption with additional products and services. About Alkami Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing - each solution can stand alone, but together they deliver more - to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action. About Connexus Credit Union Connexus is a member-focused cooperative with $4.1 billion in assets, serving 420,000 members across all 50 states. Connexus is proud to provide high yields for checking accounts and deposit products, as well as an industry-leading Digital Banking experience and competitive rates for personal, home, and auto loans. The Wausau, WI-based credit union has been nationally recognized for excellence by Forbes, CNN Money, NerdWallet, Kiplinger, and Bankrate. Connexus is committed to being a nationally relevant, trusted credit union, providing exceptional experiences and fostering prosperity for those it serves. SOURCE Alkami Technology, Inc.