Five banks have selected Jack Henry & Associates Inc.'s SilverLake core processing system in the last eight months, the vendor said Tuesday.
The recent additions include the $1.2 billion-asset UniBank for Savings in Whitinsville, Mass., the $3.1 billion-asset Brookline Bancorp Inc. in Brookline, Mass., and the $1.5 billion-asset Midland States Bancorp Inc. in Effingham, Ill.
The five banks are replacing systems provided by other vendors, the Monett, Mo., vendor said. Four of the companies will operate on an outsourced basis and one will install the system in-house.
"These are important additions to our client roster and demonstrate that core decisions are being made within the mid-tier market," Stan Viner, general manager of sales for Jack Henry Banking, said.
