Mahalo Banking, a US-based digital banking technology provider, has announced the successful addition of seven new credit union partnerships in December 2024. This latest expansion further strengthens Mahalo’s position in the credit union sector and enhances its efforts to deliver innovative digital banking solutions.
The financial institutions that have chosen Mahalo’s flagship offering, Thoughtful Digital Banking, include Aspen Federal Credit Union, Astera Credit Union, Peninsula Community Federal Credit Union, True North Federal Credit Union, North Iowa Community Credit Union, Security First Credit Union, and Police Federal Credit Union. These credit unions selected Mahalo’s solution for its unique ability to integrate neurodiverse functionality directly into its platform, which the company claims is the first and only of its kind in the industry.
The Thoughtful Digital Banking platform provides credit unions with a wide array of features to upgrade their digital experiences for customers. It includes real-time data syncing, money transfers, and card controls. Additionally, it offers a comprehensive business banking platform designed to help small and medium-sized enterprises (SMEs) manage payroll, payments, and billing.
Mahalo highlights that these new partnerships, spanning credit unions of varying asset sizes, position the company to continue expanding its footprint within the credit union sector. The partnerships also align with Mahalo’s goal of further enhancing its product offerings, ensuring it remains at the forefront of digital banking innovation.
This strategic growth underscores Mahalo’s commitment to improving the digital banking landscape and delivering inclusive, cutting-edge solutions to meet the evolving needs of credit unions and their customers.