MONETT, Mo. – Jack Henry & Associates says its sweet spot this year is the $1 billion to $30 billion range. Jack Henry, the parent company of credit union data processor Symitar Systems, said it serves 74 financials (banks and credit unions) in this range. According to Jack Henry, Symitar added 44 credit union clients in 2003, including a handful of billion dollar credit unions such as the $1.7 billion Lockheed FCU and the $1.1 billion Schools Financial CU. It also inked a major deal with U.S. Central. Symitar now has 14 billion dollar credit union clients, all on its Episys system.
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