With nearly $8 billion in assets, First Mid operates more than 80 branches across Illinois, Missouri, Texas, and Wisconsin.
First Mid Bank & Trust, an Illinois-based financial institution with nearly $8 billion in assets, is implementing Jack Henry’s core processing platform to “help reduce manual tasks, streamline workflows, and gain greater control over how customer data is captured, accessed, and managed”, according to the vendor.
The partnership gives First Mid access to Jack Henry’s open ecosystem, including over 950 API-integrated third-party fintech solutions. Beyond enhancing services for retail and commercial customers, this technology upgrade also supports First Mid’s ongoing expansion strategy, which includes recent acquisitions such as Blackhawk Bank in 2023.
Founded in 1865 as a rural bank, First Mid now operates more than 80 branches across Illinois, Texas, Missouri, and Wisconsin. The bank offers a range of financial services, including personal and corporate banking, mortgages, insurance, wealth management, and agricultural services.
The addition of First Mid brings Jack Henry’s total client count to over 7,500 financial firms. Recent contracts include New Hampshire’s Triangle Credit Union, Texas’s SouthTrust Bank, and Florida’s BrightStar Credit Union.
Source: https://www.fintechfutures.com/
