MONETT, Mo. - Data processor Jack Henry & Associates has signed a definitive agreement to acquire BancData Solutions, a co-operative data center providing core processing and item capture for 22 community banks in California. "This acquisition gives us a very strong presence on the West coast for the first time and provides a great opportunity to build more relationships with California's growing community bank market," said Michael Henry, chairman and CEO of Jack Henry. While Jack Henry predominantly serves banks, the company made an entrance into the credit union industry in December 1998 when it acquired data processor Peerless Systems, Richardson, Texas. Peerless serves community banks and credit unions.
Jack Henry acquires BancData Solutions
Comments
- CAMEL Disclosure: Matz Says N.C. Regulator ‘Violated the Trust’
- CAMEL Disclosure: Former Examiner Says Ratings Release 'Stupid'
- CAMEL Disclosure: Cheney Urges NCUA, N.C. Resolution
- CAMEL Disclosure: N.C. League Says Dual Exams 'Harsh, Unnecessary'
- CAMEL Disclosure: N.C. NCUA Exams Called 'Tempest in a Teapot', 'Blitzkrieg'
Resource Center
View All »The Seven Sins of Spreadsheets
This white paper will identify the Top 7 issues which businesses using spreadsheets to manage their fixed asset data are failing to address.
How Enterprise Software Helps Financial Services Firms Improve Efficiency and Reduce Costs
This white paper describes how enterprise software solutions, when built on a flexible and adaptable technology platform, can help financial services firms streamline workflows, consolidate...
Getting Ready for IFRS
This white paper describes how your company can make the transition to IFRS in a timely and cost efficient manner as well as what your...
