Farmers and Merchants Bank Expands Collaboration with Jack Henry to Support the Future of Local Community Banking
MONETT, Mo., March 28, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that it is expanding its existing partnership with longtime client Farmers & Merchants Bank (F&M Bank), a $1.25-billion asset community bank based in Virginia. While larger financial institutions have left the area, F&M Bank is leveraging Jack Henry's modern technology architecture to serve the market in need with scale and efficiency.
- Bank leverages Jack Henry security, operational efficiencies and open banking infrastructure to support growing retail and commercial accounts
MONETT, Mo., March 28, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that it is expanding its existing partnership with longtime client Farmers & Merchants Bank (F&M Bank), a $1.25-billion asset community bank based in Virginia. - The bank is committed to providing the communities it serves with innovative, convenient and reliable retail and commercial services.
- Jack Henry's Banno Business will help the bank expand its business and agricultural accounts to larger markets.
- "Jack Henry understands that it is community banks like F&M Bank that power Main Street America.