First National Bank of Florida selects Jack Henry SilverLake system

This bank, which has more than $392 million in assets, will implement SilverLake through Jack Henry Banking's outsourced offering.

First National Bank of Florida was a former Jack Henry Banking customer that implemented a competitive core system approximately four years ago. According to Greg Adams, senior vice president and CFO of First National Bank of Florida, "Replacing our Jack Henry technology platform seemed like a prudent decision at the time it was made by the former manager of our IT department. But after actually experiencing the differences between the two systems and the two companies, we decided that returning to SilverLake-based operations is in the best interest of our bank and our customers. Returning to a technology partnership with Jack Henry Banking will provide our bank with a single point of ongoing contact, support, and accountability for our enterprise-wide technology platform. And it means we are entrusting our bank to a technology partner whose primary focus is the banking industry. Implementing SilverLake means we are entrusting our bank to a core system that provides broad functionality and that we have the opportunity to actually influence ongoing product releases with the customer-driven enhancement process. We are very excited about being a SilverLake-automated bank once again and based on our day-to-day past experience with SilverLake and Jack Henry we are uniquely positioned to already know the benefits this strategic move will generate for our bank."

Stan Viner, general manager of sales for Jack Henry Banking, said, "It is extremely rewarding when progressive banks like First National Bank of Florida select SilverLake as their technology engines. We are confident SilverLake and our integrated complementary solutions will play an important role in this bank's ability to offer highly competitive financial products and services, and to maintain its high service standards. We welcome the return of First National Bank of Florida to the Jack Henry family of technology-oriented banks and plan to do everything in our power to ensure this bank's move back to SilverLake will be its last conversion."

In addition to SilverLake, First National Bank of Florida will initially implement an array of Jack Henry Banking's complementary solutions including the Vertex Teller Automation System(TM), the NetTeller Online Banking(TM) platform, the InTouch Voice Response® full-service telephone banking solution, Relationship Profitability Management (RPM) enterprise-wide profitability solution, components of the Synergy(TM) Enterprise Content Management (ECM) solution, and the Yellow Hammer(TM) fraud detection and prevention solution.