Jack Henry™ announced today that it has been selected by TIB, N.A. (The Independent BankersBank), the nation’s largest bankers’ bank, to provide technology infrastructure. This technology will allow community banks to continue innovating, supporting their distinct growth strategies, and competing with larger financial institutions and fintechs.

For more than 20 years, Texas-based TIB has been operating on a proprietary core system with highly customizable functionality. The bank, which supports nearly 1,400 community banks in all 50 states, decided that moving to Jack Henry’s fully outsourced technology model would more effectively support its near- and long-term operational requirements, efficiency goals, and growth strategy. The Jack Henry platform also positions the bank to be future-ready with proven capabilities for high-demand consumer and commercial services such as real-time payments.

Michael G. O’Rourke, president and CEO at TIB, said, “It was important for us to find a well-rounded technology company that can support our unique business model and operational requirements with customizable, open, and proven solutions. Jack Henry shares our passion for constant innovation and our vision of the future of banking. Migrating to their platform will provide TIB with greater efficiency and the scalability we need to serve the future needs of our partner institutions.”

Stacey Zengel, senior vice president of Jack Henry and president of Bank Solutions, said, “The modern financial technology delivered by Jack Henry will further empower TIB to serve the growing needs of the financial institutions it serves. We’re excited about the opportunity to power TIB’s technology infrastructure and future.”