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Jack Henry's Credit Union Community Participates in CU Build's Fourth Annual Build-A-Thon Event

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Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon in Salt Lake City, Utah, setting a new record for credit union attendance. 54 participants from 29 credit unions across 26 states collaborated with 12 integrator partners and sponsors over three days. Teams developed solutions around the theme "Pioneering Progress," using Jack Henry's Symitar core and additional solutions.

The Best in Show Award went to 'Trailblazers' for their AI-powered mortgage loan tool, 'Path to Prosperity.' Participants praised the event for fostering innovation, collaboration, and skill development in the credit union industry. The event showcased the value of combining open technology with a community of open-minded individuals to create member-first solutions.

Jack Henry™ (Nasdaq: JKHY) e CU Build hanno recentemente tenuto il loro quarto build-a-thon annuale a Salt Lake City, Utah, stabilendo un nuovo record di partecipazione da parte delle cooperative di credito. 54 partecipanti provenienti da 29 cooperative di credito in 26 stati hanno collaborato con 12 partner integratori e sponsor per tre giorni. I team hanno sviluppato soluzioni attorno al tema "Pionieri del Progresso", utilizzando il core Symitar di Jack Henry e ulteriori soluzioni.

Il premio per il miglior progetto è andato ai 'Trailblazers' per il loro strumento di prestito ipotecario basato su AI, 'Path to Prosperity'. I partecipanti hanno elogiato l'evento per aver promosso innovazione, collaborazione e sviluppo delle competenze nell'industria delle cooperative di credito. L'evento ha messo in mostra il valore di combinare tecnologia aperta con una comunità di individui aperti di mentalità per creare soluzioni centrali per i membri.

Jack Henry™ (Nasdaq: JKHY) y CU Build recientemente celebraron su cuarto build-a-thon anual en Salt Lake City, Utah, estableciendo un nuevo récord de asistencia de cooperativas de crédito. 54 participantes de 29 cooperativas de crédito de 26 estados colaboraron con 12 socios integradores y patrocinadores durante tres días. Los equipos desarrollaron soluciones en torno al tema "Pioneros del Progreso", utilizando el núcleo Symitar de Jack Henry y soluciones adicionales.

El premio al Mejor en Show fue otorgado a 'Trailblazers' por su herramienta de préstamo hipotecario impulsada por IA, 'Path to Prosperity'. Los participantes elogiaron el evento por fomentar la innovación, la colaboración y el desarrollo de habilidades en la industria de las cooperativas de crédito. El evento mostró el valor de combinar tecnología abierta con una comunidad de personas de mentalidad abierta para crear soluciones centradas en los miembros.

잭 헨리™ (Nasdaq: JKHY)와 CU Build는 최근 유타주 솔트레이크 시티에서 네 번째 연례 Build-a-thon을 개최하여 신용 조합 참석자 수의 새로운 기록을 세웠습니다. 26개 주에서 29개의 신용 조합에서 온 54명의 참가자가 12개의 통합 파트너 및 후원사와 협력하여 3일 동안 진행되었습니다. 팀은 잭 헨리의 심이터 핵심 시스템과 추가 솔루션을 활용하여 "진보의 개척자"라는 주제 아래에서 솔루션을 개발했습니다.

최고 상은 ‘Trailblazers’가 AI 기반의 주택담보대출 도구인 ‘Path to Prosperity’로 수상했습니다. 참가자들은 신용 조합 산업에서 혁신, 협력 및 기술 개발을 촉진한 이 행사에 대해 찬사를 보냈습니다. 이 행사는 열린 기술과 열린 사고를 가진 개인 공동체를 결합하여 회원 중심의 솔루션을 창출하는 것의 가치를 보여주었습니다.

Jack Henry™ (Nasdaq: JKHY) et CU Build ont récemment organisé leur quatrième build-a-thon annuel à Salt Lake City, Utah, établissant un nouveau record de participation des coopératives de crédit. 54 participants provenant de 29 coopératives de crédit dans 26 États ont collaboré avec 12 partenaires intégrateurs et sponsors pendant trois jours. Les équipes ont développé des solutions autour du thème "Pionniers du Progrès", en utilisant le cœur Symitar de Jack Henry et d'autres solutions.

Le prix du meilleur projet a été décerné aux 'Trailblazers' pour leur outil de prêt hypothécaire alimenté par l'IA, 'Path to Prosperity'. Les participants ont salué l'événement pour sa promotion de l'innovation, de la collaboration et du développement des compétences dans le secteur des coopératives de crédit. L'événement a mis en avant la valeur de la combinaison de la technologie ouverte avec une communauté d'individus ouverts d'esprit pour créer des solutions centrées sur les membres.

Jack Henry™ (Nasdaq: JKHY) und CU Build haben kürzlich ihren vierten jährlichen Build-a-thon in Salt Lake City, Utah, abgehalten und einen neuen Rekord für die Teilnehmerzahl von Kreditgenossenschaften aufgestellt. 54 Teilnehmer aus 29 Kreditgenossenschaften aus 26 Bundesstaaten arbeiteten drei Tage lang mit 12 Integrationspartnern und Sponsoren zusammen. Die Teams entwickelten Lösungen unter dem Motto "Pioniere des Fortschritts" mit Jack Henrys Symitar-Kern und weiteren Lösungen.

Der Preis für die beste Präsentation ging an die 'Trailblazers' für ihr KI-gestütztes Hypothekendarlehensinstrument 'Path to Prosperity'. Die Teilnehmer lobten die Veranstaltung für die Förderung von Innovation, Zusammenarbeit und Kompetenzentwicklung in der Kreditgenossenschaftsbranche. Die Veranstaltung zeigte den Wert der Kombination offener Technologie mit einer Gemeinschaft von aufgeschlossenen Menschen zur Schaffung von lösungsorientierten Ansätzen für die Mitglieder.

Positive
  • Record-breaking attendance with 54 participants from 29 credit unions
  • Collaboration with 12 integrator partners and sponsors
  • Development of innovative solutions using Jack Henry's Symitar core and additional technologies
  • Positive feedback from participants highlighting skill development and industry innovation
Negative
  • None.

29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation

MONETT, Mo., Sept. 18, 2024 /PRNewswire/ -- Jack Henry (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry.

This year's CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme "Pioneering Progress," inspired by Utah's recent Pioneer Day celebration.

During the competition, participants had access to Jack Henry's Symitar core and additional solutions including Banno and Data Broker, as well as several fintech providers including ASA Financial, fiVISION, Libum, Q2, REPAY, Scienaptic AI, SMA Technologies, SWIVEL, Sycorr, Technivation, Technology Happens, and Tyfone. Teams were evaluated on aspects like innovation, functionality, design, scalability, and mission focus. The Best in Show Award went to 'Trailblazers' for their solution 'Path to Prosperity,' an AI-powered tool that guides members through planning, qualifying for, and obtaining mortgage loans.

Brodee Gillam, innovation specialist at Michigan State University Federal Credit Union (MSUFCU), was on the winning team. "MSUFCU has participated in CU Build for years, but this was my first time," Gillam said. "I highly recommend this event to anyone who might be considering it. CU Build empowers participants to explore and test new ideas in a safe and controlled environment, which helps remove the barriers to innovation that we often face in our own environments."

Ashley Douglas, a programmer analyst at Via Credit Union, was another first-time participant. She shared her perspective: "CU Build is a challenging but rewarding way to discover what you're capable of under pressure and identify areas for improvement. Everyone learns from each other while solving real-life challenges they may have faced as credit union members or employees. The time crunch can be intense, but in the end, it's worth it to push yourself and see what you can achieve. The resources and support available throughout the event make it an invaluable learning experience."

Tushar Singh, software development manager at Chartway Credit Union, was a returning participant. Singh said, "At CU Build, like-minded professionals come together to collaborate and innovate in a high-energy environment for the greater good of the credit union industry. This is exactly why I keep coming back. I would encourage others to participate in the future — not only to sharpen their technical skills and think outside of the box, but to work with peers to develop solutions that solve real-world member challenges."

Brad Hickey, chair of CU Build and manager of application development at American Airlines Federal Credit Union, commented, "Each year, I am both inspired and surprised by the solutions that come out of this event. This year truly underscored the value of combining open technology with a community of open-minded individuals to create member-first solutions that make a difference. I'm grateful to all the participants who brought their best ideas and energy to make this year's event the most competitive and collaborative yet."

"CU Build is unlike any event. It not only brings together credit unions but also vendors who might otherwise be competitors to solve real industry pain points," said Brynn Ammon, president of Credit Union Solutions at Jack Henry. "This year, we saw teams heavily focused on financial prosperity for the members. It was interesting to watch how each team integrated into the Symitar core in unique and creative ways."

To learn more about how CU Build can help develop your career, grow your skills, and improve internal proficiencies, click here. Jack Henry clients can email info@cubuild.org to take advantage of the solutions built at the event.

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.

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SOURCE Jack Henry & Associates, Inc.

FAQ

What was the theme of Jack Henry's 2024 CU Build event?

The theme of Jack Henry's 2024 CU Build event was "Pioneering Progress," inspired by Utah's recent Pioneer Day celebration.

How many credit unions participated in Jack Henry's 2024 CU Build event?

29 credit unions from 26 states participated in Jack Henry's 2024 CU Build event.

What solution won the Best in Show Award at Jack Henry's 2024 CU Build event?

The 'Trailblazers' team won the Best in Show Award for their solution 'Path to Prosperity,' an AI-powered tool for mortgage loan planning and qualification.

What technologies were available to participants at Jack Henry's 2024 CU Build event?

Participants had access to Jack Henry's Symitar core, Banno, Data Broker, and solutions from fintech providers including ASA Financial, fiVISION, Libum, Q2, REPAY, Scienaptic AI, and others.

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