Maroon Financial Credit Union signs with Synergent to provide hosted Jack Henry™ core processing
New contract marks Synergent’s first core agreement with an Illinois-based credit union
WESTBROOK, ME (August 11, 2022) — Synergent is pleased to announce that Maroon Financial Credit Union has signed a ten-year agreement for hosted Jack Henry™ core processing. The contract marks Synergent’s first core agreement with an Illinois-based credit union.
“After completing a thorough review of their technology and meeting with their knowledgeable staff, it was clear to our credit union that Synergent is the right service provider for us,” said Scott Muniz, President & CEO at Maroon Financial Credit Union. “I’m confident that they will deliver new efficiencies for our credit union that will help us better serve our members for many years to come.”
The credit union has also selected Synergent to deliver additional service solutions based on Jack Henry capabilities. Five-year agreements have been signed for statement processing, check processing, and card processing from Synergent as well as consumer bill pay from Jack Henry. A two-year agreement has also been signed for mobile deposit capture platform from Jack Henry. Synergent also will provide Maroon Financial Credit Union with WyCom laser check printing and marketing services.
“We are pleased to welcome Maroon Financial Credit Union to the Synergent family,” said Scott Johnsen, Synergent’s Senior Vice President of Operations. “Our team looks forward to becoming an extension of theirs by offering a robust team of experts and a suite of services that will help them deliver the best possible experience for their members. I speak on behalf of everyone here at Synergent when I say we are thrilled about this new relationship.”
Maroon Financial Credit Union, headquartered in Chicago, Illinois, has over 7,000 members, and serves faculty, staff, students, and alumni of the University of Chicago or University of Chicago Medical Center, including its subsidiaries and affiliated organizations.
About Synergent
Founded by credit unions in 1971, Synergent® is a managed services provider that offers state-of-the-art and innovative core processing, along with in-demand payments, technology, and marketing services. As a service-driven and cost-effective host of Jack Henry™ Symitar® core processing, Synergent provides credit unions with the products and services they need to succeed. No matter what the product, our clients can count on Synergent to choose it, install it, integrate it, and help credit unions get the most out of it so they can focus on providing the best service experience possible to their members. For more information on Synergent, please visit www.synergentcorp.com or call 800-341-0180.
About Jack Henry™
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 45 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 8,000 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
