Jack Henry signs three new US clients for its core banking tech
Banking tech heavyweight Jack Henry & Associates has been selected by First Community Bank, Sunrise Bank, and Today’s Bank for its retail and business banking core infrastructure.
First Community, which has $450 million in assets, serves communities across northern Michigan. The bank intends to grow 10% every year over the next three years, with much of that growth concentrated on business and commercial opportunities.
CEO Daniel Clarke says Jack Henry’s tech infrastructure allows the bank to bring all its systems “under the same umbrella”, automate processes, enhance the customer experience, and improve risk management.
Sunrise Bank serves small and medium-sized enterprises (SMEs) across both metropolitan and beach town areas of central Florida.
Nancy Dooley, executive vice president and chief operations officer, says: “The automation and efficiency we will gain with Jack Henry will completely transform our bank. It will help us save time, increase accuracy, and reduce risk.”
Today’s Bank is a $300-million asset community bank serving northwest Arkansas and the Arkansas River Valley region.
“We needed a modern and open technology provider that was able to support our digital service strategy,” says Brittany Thompson Little, executive vice president and chief financial officer.
Jack Henry senior vice president and president of bank solution Stacey Zengel adds: “Community financial institutions like First Community Bank, Sunrise Bank, and Today’s Bank are keeping the economy alive, and providing their communities with the financial support they need to thrive.”