New relationship will support bank's entrepreneurial, growth-oriented banking strategy
Founded in 2018, LINKBANCORP had a vision for entrepreneurial growth, innovation in technology and a branch-lite model to support businesses in Central and
LINKBANCORP needed a technology platform that would improve operational efficiencies and support its goal of delivering relationship-based banking for both commercial and retail customers, on digital channels. Using Jack Henry's digital banking and lending capabilities, the bank will gain access to scalable and open technology, including the Banno Digital Platform™ and LoanVantage®, as well as open connectivity to more than 850 third-party fintechs.
LINKBANCORP was particularly impressed with Jack Henry's existing industry partnerships. Samuel adds, "Now, we can easily adopt innovative technologies from specialized fintechs that would otherwise have taken us 6-12 months to implement. These partnerships complement the Jack Henry platform and support our growth strategy, allowing us to compete with larger financial institutions locally. Our bankers now have the tools needed to serve as trusted advisors, solving real challenges and continuing to positively impact the financial health of our local community."
LINKBANCORP, Inc. was formed in 2018 with a mission to positively impact lives through community banking. Its subsidiary bank,
Jack Henry (NASDAQ:JKHY) is a leading SaaS provider of technology solutions primarily for the financial services industry. We are an S&P 500 company that serves more than 8,000 clients nationwide through three divisions: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 45 years, we are well-positioned as a driving market force in future-ready digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? 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
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Vance Sherard, Analyst, Director of Investor Relations, (417) 235-6652; or Mark Folk, Press, Sr. Corporate Communications Manager, (704) 890-5323