The $2.4 billion Kentucky-based credit union adopts Jack Henry’s Symitar core and cloud-native stack to enhance member services, integration, and scalability.
July 15, 2025 | Fintech Daily — Abound Credit Union has selected Jack Henry’s Symitar core platform, complemented by its cloud-based ecosystem—including Data Hub™, Banno Digital Platform™, and Banno Toolkit™—to drive its next phase of member-centric modernization.
Scaling Up with a Future-Ready Foundation
Serving over 130,000 members and managing $2.4 billion in assets, Abound decided its legacy systems could no longer support member expectations or growth ambitions. With cloud-native core technology, the credit union gains agility, flexible third-party fintech integrations, and a platform primed for digital innovation.
“Jack Henry understands our vision and what it takes to cater to our members’ diverse financial situations,” said Ray Springsteen, CEO of Abound Credit Union.
Driving Digital Engagement & Personalization
The new stack equips Abound with real-time data insights (via Data Hub™), an intuitive digital experience (through Banno Digital Platform™), and low-code customization options (enabled by Banno Toolkit™). Additional modules for business banking, payments, lending, and fraud mitigation promise a more seamless and secure experience for members.
Strategic Partnership & Community Focus
This move highlights the strategic alignment between Abound and Jack Henry. Brynn Ammon, President of Credit Union Solutions at Jack Henry, emphasized the broader goal:
“The credit union is leveraging our foundation to create its own banking experience, one that rewards and brings value to a diverse member base. We’re honored to help them build a resilient technology plan that will support their growth and further deepen their impact in Kentucky.”
What It Means for Members
- Faster launch of new features thanks to cloud-native architecture
- Improved member experience, with secure digital tools and real-time insights
- Enhanced operational efficiency, enabling staff to focus on service
About Abound Credit Union
Founded 75 years ago to serve Fort Knox employees, Abound CU has evolved into a full-service institution rooted in southern and central Kentucky, with a strong community focus.
About Jack Henry & Associates
Headquartered in Monett, Missouri and trading on Nasdaq under JKHY, Jack Henry provides scalable, open-core and digital banking systems—serving over 7,500 financial institutions. Its Symitar platform is a cornerstone for hundreds of credit unions nationwide.
