Alloy Labs

Alloy Labs is a collaborative ecosystem designed by community banks for community banks, founded in 2015. It comprises nearly 90 member banks with combined assets exceeding $250 billion, functioning as a consortium to drive innovation and technology adoption in the financial sector. Alloy Labs operates through three main components: the Alloy Labs Alliance, which fosters collaboration among banks to leverage shared resources; the Alloy Alchemist Fund, a venture capital initiative that connects banks with promising fintech startups; and the Alloy Labs Institute, which provides tools and best practices to help financial institutions manage emerging risks and explore new growth avenues. By aggregating insights and resources across these hubs, Alloy Labs enhances the competitive edge of its members, allowing them to maintain local control while benefiting from the advantages typically associated with larger banking institutions.