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Azura Credit Union Modernizes Technology Infrastructure with Jack Henry

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Jack Henry (JKHY) announced that Azura Credit Union has selected its Symitar® open technology platform to modernize services and drive growth. Azura, founded in 1939, manages over $822 million in assets, operates 12 offices in Northeast Kansas, and serves more than 62,000 members.

The credit union chose Jack Henry's platform for its open and flexible architecture, enabling seamless fintech integration and broader service delivery. The technology will support Azura's data and AI strategies, helping enhance operational efficiencies and gain deeper community insights. The platform's single enterprise approach and continuous evolution were key factors in the selection decision.

Jack Henry (JKHY) ha annunciato che Azura Credit Union ha scelto la sua piattaforma tecnologica aperta Symitar® per modernizzare i servizi e promuovere la crescita. Fondata nel 1939, Azura gestisce oltre 822 milioni di dollari in attività, opera in 12 uffici nel Kansas del Nord-Est e serve più di 62.000 membri.

La credit union ha scelto la piattaforma di Jack Henry per la sua architettura aperta e flessibile, che consente un'integrazione fintech senza soluzione di continuità e una distribuzione di servizi più ampia. La tecnologia supporterà le strategie di dati e intelligenza artificiale di Azura, contribuendo a migliorare l'efficienza operativa e a ottenere approfondimenti più profondi sulla comunità. L'approccio imprenditoriale unico della piattaforma e la sua continua evoluzione sono stati fattori chiave nella decisione di selezione.

Jack Henry (JKHY) anunció que Azura Credit Union ha seleccionado su plataforma tecnológica abierta Symitar® para modernizar los servicios y fomentar el crecimiento. Fundada en 1939, Azura gestiona más de 822 millones de dólares en activos, opera 12 oficinas en el noreste de Kansas y atiende a más de 62,000 miembros.

La cooperativa de crédito eligió la plataforma de Jack Henry por su arquitectura abierta y flexible, que permite una integración fintech sin problemas y una entrega de servicios más amplia. La tecnología apoyará las estrategias de datos e inteligencia artificial de Azura, ayudando a mejorar la eficiencia operativa y obtener información más profunda sobre la comunidad. El enfoque empresarial único de la plataforma y su evolución continua fueron factores clave en la decisión de selección.

Jack Henry (JKHY)Azura Credit Union이 서비스 현대화와 성장을 촉진하기 위해 자사의 Symitar® 오픈 기술 플랫폼을 선택했다고 발표했습니다. 1939년에 설립된 Azura는 8억 2200만 달러 이상의 자산을 관리하고 있으며, 북동부 Kansas에 12개의 사무소를 운영하고 있고 62,000명 이상의 회원을 서비스하고 있습니다.

신용조합은 Jack Henry의 플랫폼을 원활한 핀테크 통합과 폭넓은 서비스 제공을 가능하게 하는 개방적이고 유연한 아키텍처로 선택했습니다. 이 기술은 Azura의 데이터 및 AI 전략을 지원하여 운영 효율성을 높이고 지역 사회 통찰력을 심화하는 데 도움을 줄 것입니다. 플랫폼의 단일 기업 접근 방식과 지속적인 발전이 선택 결정의 핵심 요소였습니다.

Jack Henry (JKHY) a annoncé qu'Azura Credit Union a choisi sa plateforme technologique ouverte Symitar® pour moderniser ses services et favoriser la croissance. Fondée en 1939, Azura gère plus de 822 millions de dollars d'actifs, opère 12 bureaux dans le Northeast Kansas et sert plus de 62 000 membres.

La coopérative de crédit a choisi la plateforme de Jack Henry pour son architecture ouverte et flexible, permettant une intégration fintech fluide et une diffusion de services plus large. La technologie soutiendra les stratégies de données et d'intelligence artificielle d'Azura, aidant à améliorer l'efficacité opérationnelle et à obtenir des aperçus plus profonds de la communauté. L'approche unique de l'entreprise de la plateforme et son évolution continue ont été des facteurs clés dans la décision de sélection.

Jack Henry (JKHY) gab bekannt, dass Azura Credit Union seine offene Technologieplattform Symitar® ausgewählt hat, um die Dienstleistungen zu modernisieren und das Wachstum voranzutreiben. Azura, gegründet 1939, verwaltet über 822 Millionen Dollar an Vermögenswerten, betreibt 12 Büros im Nordosten von Kansas und bedient mehr als 62.000 Mitglieder.

Die Kreditgenossenschaft wählte die Plattform von Jack Henry aufgrund ihrer offenen und flexiblen Architektur, die eine nahtlose Integration von Fintechs und eine breitere Servicebereitstellung ermöglicht. Die Technologie wird die Daten- und KI-Strategien von Azura unterstützen, um die betrieblichen Effizienzen zu verbessern und tiefere Einblicke in die Gemeinschaft zu gewinnen. Der ganzheitliche Ansatz der Plattform und die kontinuierliche Weiterentwicklung waren entscheidende Faktoren bei der Auswahlentscheidung.

Positive
  • New client acquisition of Azura Credit Union ($822M in assets, 62,000 members)
  • Strategic expansion of Jack Henry's market presence in Northeast Kansas
  • Platform adoption enables recurring revenue through technology services
Negative
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Insights

This contract win with Azura Credit Union represents a strategic victory for Jack Henry in the highly competitive credit union technology market. With $822 million in assets and 62,000 members, Azura falls into the mid-sized credit union segment - a important growth market for core banking technology providers. These institutions typically generate recurring revenue streams through long-term contracts while requiring less implementation complexity compared to larger institutions.

The selection of Jack Henry's Symitar platform, particularly for its open architecture and AI/data capabilities, aligns with three critical industry trends: 1) Credit unions increasingly demand flexible platforms that enable fintech integration to compete with larger banks, 2) The growing importance of data analytics and AI for personalized services and operational efficiency and 3) The shift toward cloud-native, API-first banking infrastructure.

From a competitive standpoint, this win reinforces Jack Henry's strong position in the credit union technology market, where it faces competition from Fiserv and FIS. The company's focus on providing an open platform that facilitates fintech integration while maintaining core banking stability represents a differentiated value proposition that resonates with forward-thinking credit unions seeking modernization without compromising reliability.

The emphasis on data and AI capabilities in the announcement is particularly noteworthy, as it demonstrates Jack Henry's evolution beyond traditional core processing into next-generation banking technology. This positions the company to capture additional revenue streams from value-added services while helping clients like Azura deliver more sophisticated financial services to their members.

Open, flexible platform fuels expansion and community support across Kansas

MONETT, Mo., Feb. 6, 2025 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Azura Credit Union has selected Jack Henry's Symitar® open technology platform to deliver modern services to local communities and drive future growth.

Founded in 1939, Azura Credit Union now has more than $822 million in assets, 12 offices in Northeast Kansas, and more than 62,000 members.

Throughout its growth, Azura has remained committed to providing unique services to meet the local needs of each community. Maintaining this level of community-focused personalization required a technology platform that is both open and flexible, enabling the credit union to seamlessly integrate fintech solutions of its choice and deliver a broader range of modern, robust services.

"Jack Henry's single platform and enterprise approach to technology will position us for growth both now and in the future," said Greg Winkler, CEO of Azura Credit Union. "It provides us an environment to integrate a variety of tools that will help us differentiate and compete as a truly local organization. Additionally, their ongoing investment in and evolution of the platform will help us stay competitive, which was a key factor in our decision."

Azura will leverage Jack Henry to stay innovative with data and AI strategies. This will empower each local branch to enhance operational efficiencies and gain deeper insights into the unique needs of their communities, enabling the delivery of meaningful solutions that foster strong, personal relationships.

"It takes a blend of care, relationships, and technology to really know your members and their unique needs," Winkler said. "We want to bring value to all our members, regardless of how they choose to interact with the credit union. Jack Henry will help us maintain a local touch through modern technologies. They have been a true strategic advisor, offering direct access to leadership and meaningful support through user groups. These resources are invaluable to our growth."

"Azura is committed to making a positive impact on the communities it serves," said Brynn Ammon, president of Credit Union Solutions at Jack Henry. "Our platform will provide the credit union with the technology infrastructure necessary to improve efficiencies across branches and add new solutions as they come to market, staying modern, relevant, and helpful to their communities."

About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/azura-credit-union-modernizes-technology-infrastructure-with-jack-henry-302370452.html

SOURCE Jack Henry & Associates, Inc.

FAQ

What is the size of Azura Credit Union that selected JKHY's Symitar platform in 2025?

Azura Credit Union has over $822 million in assets, operates 12 offices in Northeast Kansas, and serves more than 62,000 members.

What technology solutions will JKHY provide to Azura Credit Union?

JKHY will provide its Symitar® open technology platform, enabling fintech integration, data and AI strategies, and modern banking services.

How will JKHY's platform benefit Azura Credit Union's operations?

The platform will improve branch efficiencies, enable deeper community insights, and allow seamless integration of new solutions while maintaining local personalization.

When did Azura Credit Union partner with JKHY for technology modernization?

The partnership was announced on February 6, 2025, when Azura selected Jack Henry's Symitar platform for its technology infrastructure modernization.

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