Suncoast Credit Union Converts to Symitar
- $6.1 billion credit union selects Episys to manage heightened volumes, easily integrate with progressive technologies -
Jun 18, 2015, 08:00 ET
MONETT, Mo., June 18, 2015 /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 Suncoast Credit Union has selected Episys® for its core processing.
The Tampa, Fla.-based credit union has grown substantially and wanted to maximize its core's capacity to serve its more than 641,000 members across 17 counties. Additionally, Suncoast develops many services internally, such as its online banking application. It needed a customizable and easily-integrated system for its unique technologies, and Episys met those needs.
Kevin D. Johnson, executive vice president and chief information officer at Suncoast, commented, "A driving force behind Suncoast's success is our dedication to meeting members' financial needs through favorable products and services. After extensive research, it became clear that Symitar is the leading candidate for any credit union that requires flexibility and connectivity in its IT infrastructure."
Maximizing efficiency is a primary mission for the credit union. Episys provides the flexibility to support the credit union's unique technologies and bolster its efficiencies for years to come. Johnson noted, "Symitar's users have expressed a feeling of corporate support and attention, a true partnership. I look forward to working closely with the company to provide input and direction on its technology roadmap and future integrations."
Ted Bilke, president of Symitar, said, "Suncoast Credit Union is a proven leader in member service and technology. I am pleased to welcome the credit union as a valuable addition to our client roster. Episys is the leading core platform for the nation's largest credit unions, proving its capacity to manage Suncoast's growth while integrating closely with its unique business plan."
About Suncoast Credit Union
Suncoast Credit Union is the largest credit union in the state of Florida, the ninth largest in the United States based on membership and the fourteenth largest in the United States based on its $6.1 billion in assets. Chartered in 1934 as Hillsborough County Teachers Credit Union, Suncoast Credit Union currently operates 57 full-service branches and serves more than 641,000 members in the following Florida counties: Charlotte, Citrus, Collier, DeSoto, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas, Sarasota and Sumter. For more information visit: suncoastcreditunion.com, facebook.com/SuncoastCreditUnion or @SuncoastCU.
Symitar, a division of Jack Henry & Associates, Inc. (NASDAQ:JKHY), is a leading provider of integrated computer systems for credit unions of all sizes. Symitar has been selected as the primary technology partner by more than 800 credit unions, serving 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 almost 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a 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. 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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