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Founded Year

1984

Stage

Acquired | Acquired

About Symitar

Symitar, a division of Jack Henry & Associates (NASDAQ: JKHY), specializes in core data processing and ancillary technology solutions for U.S. credit unions.

Headquarters Location

8985 Balboa Ave

San Diego, California, 92123,

United States

619 542 6700

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Latest Symitar News

Credit Union 1 migrates core to Jack Henry’s Symitar platform

Dec 7, 2023

Deployment of Jack Henry’s Symitar Core Platform: Credit Union 1 (CU1), the second-largest in Alaska, USA, has implemented Jack Henry’s Symitar core platform. Open Banking Infrastructure Decision: CU1 chose Jack Henry due to its open banking infrastructure, viewing it as superior to the previous provider with integration limitations. Transition Benefits After a Year: Jack Henry asserts that CU1, post-transition, has improved disaster recovery, business continuity, and operational efficiencies. Integration of Key Marketplace Differentiators: CU1 linked interactive teller machines to the core, enhancing teller efficiency and providing members with more self-service options. Impressed Partnership for Long-Term Goals: CU1’s CEO, Mark Burgess, is impressed with Jack Henry’s R&D, expressing confidence in achieving long-term growth and scalability goals. Jack Henry’s Market Presence: Jack Henry claims a nearly 50% market share among credit unions with over $1 billion in assets and boasts an ecosystem with over 950 fintechs. Tags:

Symitar Frequently Asked Questions (FAQ)

  • When was Symitar founded?

    Symitar was founded in 1984.

  • Where is Symitar's headquarters?

    Symitar's headquarters is located at 8985 Balboa Ave, San Diego.

  • What is Symitar's latest funding round?

    Symitar's latest funding round is Acquired.

  • Who are the investors of Symitar?

    Investors of Symitar include Jack Henry & Associates.

  • Who are Symitar's competitors?

    Competitors of Symitar include FIntegrate Technology.

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