Jack Henry & Associates, Inc. announced that Craft Bank, the first de novo inside the Atlanta perimeter in over a decade, selected Jack Henry to provide a fresh approach to business banking. The bank's business plan is built around a single brick and mortar location with plans to grow by meeting customers where they are. With central needs focused on increased security, efficiency and scale, Craft Bank implemented the SilverLake System® core in Jack Henry's private cloud environment and added Gladiator Hosted Network Solutions™ to manage its IT infrastructure. Craft Bank launched on October 15 – raising capital and waiting for regulatory approval during a global pandemic created its own set of challenges. The bank attributes some of its early successes to Jack Henry and its proficiency in launching de novos; 42% of de novos opening for business over the past four years were Jack Henry clients. Jack Henry's dedicated de novo team was familiar with their needs and helpful during the process.