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0 0 0.00351906158357768 0.00351906158357768 0.0027565982404692 -0.000175953079178892 -0.00369501466275657 -0.00812316715542517
Stock impact report

Guilford Savings Bank Expands Partnership with Jack Henry & Associates to Improve Commercial Lending

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., Sept. 3, 2020 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that Connecticut-based Guilford Savings Bank has successfully launched the Commercial Lending Center Suite™ to streamline the commercial lending process, automating previously manual tasks and improving both the lender and borrower experience. This implementation follows the bank's conversion to Jack Henry for core and digital banking. Guilford Savings Bank's previous loan origination system was largely manual; the cumbersome, paper-intensive process took time away from expanding portfolios and deepening relationships with existing borrowers. With Jack Henry's digital lending platform, the bank is experiencing notable operational efficiencies, especially pre-closing. The centralized platform increases transparency and makes information more Show less Read more
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