MONETT, Mo.- Jack Henry & Associates recently announced that its Banc Insurance Services (BIS) subsidiary has been selected to provide UniTrust Financial Services, LLC, a CUSO consortium made up of 11 D.C. area CUs, with a turnkey outsourced insurance agency solution. The 11 CUs represent more than $3 billion in assets. BIS enables financial institutions to own a complete insurance agency without the significant capital investments required to build or buy an agency, or the inherent operational risks. “UniTrust is another new client that exemplifies how our focused diversification acquisition strategy is expanding Jack Henry’s market presence and potential. Our focused diversification targets best-of-breed products and services that can be sold outside our base of core information processing clients to virtually any financial services organization – regardless of asset size, charter, or core processing solution,” said Tony Wormington, president of Jack Henry & Associates

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.