Alkami Technology, Inc. (Nasdaq: ALKT), a Plano, Texas-based U.S. provider of cloud-based digital sales and service platforms for financial institutions, has announced that Bakersfield, California-based Strata Credit Union has selected Alkami's Digital Banking Platform to modernize its consumer digital banking experience. The decision supports the credit union's long-term strategy of delivering personalized, secure, mobile-first banking that helps members build stronger financial futures, and it comes as U.S. credit unions broadly retool member-facing technology, with routine transactions increasingly shifting to mobile channels and digital experiences shaped by large banks and fintech apps raising expectations for personalization.

Through the partnership, Strata Credit Union will build a connected digital banking ecosystem designed to simplify everyday banking, reduce friction across digital interactions, and deepen member relationships. The modern, mobile-first experience will consolidate financial tools, payments, and personalized engagement into a unified platform, while giving the credit union the flexibility to continue innovating as member expectations evolve.

"We believe technology should do more than make banking easier; it should help improve our members' financial lives," said Brandon Ivie, chief executive officer at Strata Credit Union. "Our members are at the center of everything we do, and partnering with Alkami will help us make financial tools and insights more accessible so members can better understand their financial health and make confident financial decisions. As we evaluated our long-term digital strategy, Alkami stood out as the partner that shares our vision for combining intuitive digital experiences with meaningful financial wellness and personalized engagement."

Strata Credit Union will leverage Alkami's open and extensible architecture to create a cohesive digital experience that connects best-in-class technologies across its ecosystem. That approach lets the credit union integrate third-party capabilities alongside Alkami's own tools rather than depending on a single vendor's feature roadmap. The platform will bring together capabilities such as payments, transfers, card management, financial wellness tools, and security features into a unified experience, while helping members gain greater visibility into their financial health through spending insights, savings goals, and a more holistic view of their finances.

The investment also supports Strata Credit Union's broader mission of helping members build stronger financial futures. By combining digital banking with intelligent personalization and integrated financial wellness tools, the credit union is creating a more proactive banking relationship in which members can make informed financial decisions, receive more relevant guidance and insights, and experience reduced friction across every digital interaction. The win also extends Alkami's footprint among U.S. credit unions, a core market for the company's digital banking platform. The announcement did not disclose financial terms or an implementation timeline for the platform transition, leaving the rollout sequence and go-live timing for Strata's new member experience to be detailed later.

"As member expectations continue to rise, credit unions need modern technology that helps them deliver personalized, secure, and seamless experiences without sacrificing the flexibility to innovate," said Benjamin Conant, chief product officer at Alkami. "We're excited to partner with Strata Credit Union as they advance their digital banking strategy with a Platform designed to strengthen financial wellness, deliver more personalized experiences, and deepen long-term member relationships. Together, we're building a foundation that will help Strata continue delivering exceptional member experiences for years to come."