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Wednesday, October 29, 2025

Colorado’s Elevations Credit Union partners Alkami for digital banking platform

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • Elevations Credit Union Collaboration:
    • Elevations CU has implemented Alkami’s digital banking platform for business, retail, and mobile banking.
    • The Colorado-based credit union aims to grow its retail and business portfolio and enhance digital banking capabilities.
  • Technology Benefits:
    • Alkami’s technology enables Elevations to introduce self-service digital banking and improve account opening capabilities.
    • Data analytics will enhance customer engagement, and fraud prevention tools will serve the 176,000 members across Colorado’s Front Range region.
  • Financial Wellness Initiatives:
    • Elevations collaborates with SavvyMoney, through Alkami’s partnership, to promote “financial wellness” in marketing and educational efforts.
  • Digital Transformation Perspective:
    • Craig Draayer, VP of Digital Transformation at Elevations, praises the implementation as one of the best in his career.
    • The move is driven by the need to keep up with a technologically savvy member base open to innovation.
  • Strategic Partnership:
    • Alkami’s collaboration with Elevations adds the credit union to its list of partners, which includes the Credit Union of Texas, NET Credit Union, IC Credit Union, and Liberty Bank.
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