Heartland Community Bank Selects Jack Henry Banking(TM) to Provide Enterprise-Wide Automation

- Arkansas-Based Bank to Implement the SilverLake System(R) through Jack Henry Banking's Outsourced Offering -

Jun 24, 2010, 08:00 ET from Jack Henry & Associates, Inc.

MONETT, Mo., June 24 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that Heartland Community Bank has selected Jack Henry Banking's SilverLake core processing system to provide enterprise-wide automation. This Arkansas-based bank, which has more than $140 million in assets, will implement SilverLake through Jack Henry Banking's outsourced offering.

According to Clyde H. Henderson, chairman and CEO of Heartland Community Bank, "We pride ourselves on providing highly competitive financial products and services, so as our customers become more sophisticated, our markets more competitive, and our business more complex, we made the decision to replace our technology with a platform that provides the end-to-end integration and deep functionality we need to further streamline our operations and efficiently support our near- and long-term business plan. The satisfaction among other banks using the systems we looked at was also a major factor in our decision. We contacted and visited numerous banks running SilverLake to find out about their real-world, day-to-day experiences and we got very, very positive feedback. After evaluating several technology platforms we were convinced that SilverLake is the right fit for our bank, and that Jack Henry provides the commitment to service and the financial stability we want in a technology partner. We are excited about SilverLake and believe the ability to support our business with this sophisticated technology platform will help us take our financial products and services, our customer experience, and our customer acquisition and retention to the next level."

Stan Viner, general manager of sales for Jack Henry Banking, said, "The bankers driving Heartland Community Bank clearly understand the role that technology plays in their ability to aggressively and successfully capitalize on industry trends and business opportunities, to continually refine and streamline operations, and to meet evolving customer expectations. We look forward to a long relationship with this bank based on our ability to support its information and transaction processing requirements with a dynamic technology platform."

In addition to SilverLake, Heartland Community Bank will initially implement an array of Jack Henry Banking's complementary solutions including StreamLine Platform Automation® – Deposits, Vertex Teller Automation System™, Vertex Teller Capture, NetTeller Online Banking™, the InTouch Voice Response® telephone banking solution, Merchant Deposit Capture, components of the modular Synergy™ Enterprise Content Management (ECM) solution, the Yellow Hammer™ BSA compliance and risk mitigation solution, and Electronic Statements – Interactive.

About Heartland Community Bank

Heartland Community Bank has been providing extraordinary service and products to its communities and customers for the past. Its main office is located in Bryant with handy locations in Sheridan and Fordyce. It also offers a wide array of services on its Web site, convenient ATMs nationwide, and credit decisions that are made locally. Heartland Community Bank is committed to putting the customer first. Its friendly staff is here to assist with all banking needs – from loans to new accounts, mortgages, certificate of deposits, and everything in between. Additional information is available at www.heartlandbankonline.com.

About Jack Henry Banking

Jack Henry Banking, a division of Jack Henry & Associates, Inc., is a leading provider of integrated computer systems for banks ranging from de novo to mid-tier institutions. Jack Henry Banking currently serves approximately 1,500 banks as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information is available at www.jackhenrybanking.com.

About Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 11,800 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking™ supports banks ranging from de novo 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 highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting more than 3,600 banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. 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.



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