MONETT, Mo., Nov. 26, 2013 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Symitar® division announced today that $890 millionDuPont Community Credit Union has selected Episys® as its in-house core processing solution.
According to Gerald Hershey, CEO of the Virginia-based credit union, "We conducted an extensive evaluation of core systems with the goal of installing a technology platform that could support our long-term business and growth plans, our ability to consistently deliver the contemporary financial products that enable us to aggressively and successfully compete, and our fundamental commitment to provide an exceptional member experience. We found what we were looking for in Episys. The Episys system provides broad core functionality with extensive customization capabilities, the ability to easily and seamlessly integrate third-party solutions through Symitar's SymConnect™ utility, and a new level of access to the data we need to support more timely and more effective business decisions. We expect our move to
Episys will be an important milestone for our credit union."
Ted Bilke, president of Symitar, said, "Our fundamental goal is to establish long-term technology and business partnerships with every credit union that entrusts Episys with its mission-critical information and transaction processing. We welcome the addition of DuPont Community Credit Union to our client roster and to the opportunity to support this forward-thinking credit union with the technology it needs to support its evolving business strategies, new growth opportunities, industry trends, and dynamic member and market demands."
Symitar, a division of Jack Henry & Associates, Inc. (NASDAQ:JKHY), is the leading provider of integrated computer systems for credit unions of all sizes. Symitar currently serves more than 750 credit unions as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information is available at www.symitar.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides best-of-breed
solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.
SOURCE Jack Henry & Associates, Inc.