In effort to boost auto financing and other services for members, Kentucky-based L&N Federal Credit Union selected Jack Henry’s Symitar platform to support its growth goals.

Jack Henry said through a news release that the credit union recognized the need for a flexible and customizable platform as it prepared to surpass $2 billion in assets.

With a growing base of more than 100,000 members in Kentucky, L&N FCU has plans to keep expanding its services while maintaining its hyper-local approach. The credit union needed a technology platform that could support this growth efficiently while providing the customization it needed to serve its communities.

Jack Henry’s platform can enable the credit union to build and offer solutions through fintech relationships, equipping its membership with relevant tools to improve their financial lives.

Because of the open platform, the credit union no longer needs to take multiple steps and involve various departments to make product enhancements. Now, L&N FCU will be able to streamline its operations and boost efficiencies.

In addition, the cloud-based platform can free the credit union to refocus IT resources on improving member service.

“We proudly support Jack Henry’s vision for the future and its commitment to investing in new solutions and building a fintech ecosystem,” said Tim Root, executive vice president and chief operating officer at L&N Federal Credit Union.

“We look forward to continuing our growth and providing competitive, modern, highly specialized services to our communities with the power of Jack Henry’s technology and expertise behind us,” Root continued in a news release.

Shanon McLachlan is president of credit union solutions at Jack Henry.

“We’re proud that new clients like L&N FCU are selecting us for our ongoing commitment to innovation and technology modernization,” McLachlan said. “It’s rewarding to see these clients continue to align with our vision and strategy for the future.

“We have the technology and ecosystem to support credit unions of all sizes, solving their key business challenges so they can focus on serving their communities,” McLachlan went on to say.