Woodforest National Bank Partners With Jack Henry for Modern Integrated Banking Platform
One of America’s most recognisable community banks has made its biggest technology move yet. Woodforest National Bank has selected Jack Henry (Nasdaq: JKHY) to power its growth strategy through a modern, integrated platform, a decision that signals just how aggressively larger financial institutions are now rethinking their core banking infrastructure.
Jack Henry announced that Woodforest National, a multi-state bank with more than $9 billion in assets, has selected the technology provider to support its continued growth, modernisation, and long-term digital strategy. What makes this deal stand out is the sheer scale of it. While Jack Henry has more than 35 clients with over $9 billion in assets, all of them either grew with the company through mergers or organic expansion. Woodforest represents the largest new core signing in Jack Henry’s history based on number of accounts.
The move reflects a broader shift happening across the banking sector. Over the past three fiscal years, 44 financial institutions with over $1 billion in assets have chosen to switch their core platform to Jack Henry, representing approximately $94 billion in total assets, a significant jump from just 15 institutions representing approximately $26 billion in assets signed during fiscal years 2022 and 2023. That momentum now has its most high-profile name yet attached to it.
Founded in 1980, Woodforest has built a strong legacy as one of the nation’s leading community banks, grounded in a deep commitment to its customers and the communities it serves. Headquartered in The Woodlands, Texas, the bank operates over 740 branches across 17 states, including convenient locations within select major retail grocery stores.
Woodforest selected Jack Henry for its modern, open approach to financial technology and its ability to deliver a fully integrated, end-to-end platform. As the bank evaluated its long-term technology strategy, it sought a provider that could innovate, reduce reliance on custom-built infrastructure, and provide a scalable foundation for continued growth. The Woodforest National Bank Jack Henry integrated platform partnership is expected to reshape how the institution delivers services across its vast retail and commercial footprint.
Robert E. Marling Jr., Chairman and CEO of Woodforest National Bank, left little doubt about why the bank made its choice. “Jack Henry stood out as the clear choice because of its modern, integrated platform, open architecture, and public cloud-native services,” he said, adding that the company is “forward-looking” and will help Woodforest operate more efficiently, strengthen digital capabilities, and deliver the experiences customers expect.
In addition to core services, Woodforest was particularly drawn to Jack Henry’s digital banking, treasury management, and open architecture and broad ecosystem of integrations that will allow the bank to connect third-party solutions more easily while improving operational efficiency.
Jack Henry’s President and CEO Greg Adelson framed the win as proof of concept for where the industry is heading. “We are seeing increasing interest from larger financial institutions that want a more modern, flexible technology foundation,” Adelson said, noting that the company continues to differentiate through “culture, service, innovation, strategy, and execution.”
For the Woodforest National Bank Jack Henry integrated platform story, the timing speaks volumes, larger banks are no longer content to maintain ageing infrastructure, and fintech vendors that can offer genuinely integrated, cloud-native solutions are winning deals that would have been unthinkable just a few years ago.
