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Stock impact report

First National Bank Selects ProfitStars' Commercial Lending Center Suite

Jack Henry & Associates, Inc. (JKHY) 
Last jack henry & associates, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: jackhenry.com
Company Research Source: PR Newswire
MONETT, Mo., May 7, 2019 /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 ProfitStars® division announced today that Damariscotta, Maine-based First National Bank has selected its Commercial Lending Center Suite™ to streamline processes and boost efficiencies with a more sophisticated approach to commercial lending.The $1.9 billion bank needed a digital commercial lending platform to reduce cumbersome paperwork and drive process efficiencies. ProfitStars' suite will automate workflows and offer advanced reporting to eliminate redundancies and enhance accountability across the bank's lending team, ultimately reducing loan turnaround time and increasing productivity. The platform will also allow the bank to introduce the modern conveniences borrowers expect – like online loan application and quick decisioning – without sacrificing the bank's persona Show less Read more
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