Jack Henry Acquires CUNA Mutual's ALMPrograms

MONETT, Mo. - (04/10/06) -- Jack Henry & Associates saidFriday it has acquired the CUPRO and CUPRO Express asset-liabilitymanagement programs from CUNA Mutual Group. The deal extends therelationship between Jack Henry's Profitstar unit and CUNA Mutual,which began in April 2005. Jack Henry acquired Profitstar lastNovember. The CUPRO and CUPRO Express programs will be marketedunder Jack Henry's recently launched ALM brand calledProfitStars.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER