Business
First Mid Bank & Trust Chooses Jack Henry to Power Growth
Scalable, data-centric platform will support nearly $8 billion-asset bank's expansion and drive operational efficiency MONETT, Mo., July 7, 2025 /PRNewswire/
About this update from Jack Henry & Associates, Inc.
[{"type":"text","content":"Scalable, data-centric platform will support nearly $8 billion-asset bank's expansion and drive operational efficiency\nMONETT, Mo., July 7, 2025 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First Mid Bank & Trust (First Mid) has selected Jack Henry to modernize its technology infrastructure, strengthen its operational efficiency, and support its continued growth across the Midwest.\n\n \n \n \n \n \n \n\n \nFounded in 1865 and with nearly $8 billion in assets, First Mid has grown from a rural Illinois bank into a full-service financial institution with over 80 branches across Illinois, Missouri, Texas, and Wisconsin, serving both retail and commercial customers. While rooted in small-town community banking, it has steadily expanded into urban markets like St. Louis. Over the past decade, First Mid has pursued an aggressive growth strategy that included multiple acquisitions while continuing to invest in organic growth. Today, the bank has a diversified portfolio that includes a full-service insurance agency and a wealth management division.\nTo sustain this growth and remain competitive, First Mid sought a scalable and flexible technology foundation. Jack Henry's core processing platform and data-centric approach will help reduce manual tasks, streamline workflows, and gain greater control over how customer data is captured, accessed, and managed. Jack Henry's open ecosystem and access to over 950 API-integrated, third-party fintechs will allow the bank to select the best technology for its needs and further differentiate in the marketplace.\n\"Our growth has been exciting, but it also showed us that we needed to modernize our technology stack,\" said Jeremy Frieburg, Chief Information Officer at First Mid. \"We were looking for a provider that could integrate seamlessly with our systems and automate processes so we could better serve our customers. Jack Henry stood out with its configurable technology, open architecture, strong cultural alignment, and reputation for reliable service. Most importantly, it frees our teams to innovate and experiment in ways we couldn't before.\"\nJack Henry's technology modernization strategy, which makes modern service components available for financial institutions in the public cloud, will offer a real advantage for the bank as it continues to grow organically and through st...